Accountor Finago Strengths, Domain Expertise, and Key Differentiators
Accountor Finago Oy is a Finnish software company specializing in digital financial management solutions for small and medium-sized enterprises (SMEs) and accounting offices. Founded in 1990, the company is headquartered in Espoo, Finland, and operates as a subsidiary of the Nordic financial services provider, Accountor Group. Accountor Finago's primary offerings include: Procountor: A cloud-based financial management software designed to streamline accounting, invoicing, and payroll processes.
Accountor Finago Recent Developments
At the beginning of 2024, Accountor’s Financial Management Software achieved the internationally recognized ISO 27001 information security certification. This certification validates that Accountor’s information security practices meet global standards. It encompasses the company’s information systems, processes, operational methods, and facilities across core and support functions—including software production, development, operations, and business activities in both Finland and Sweden.
Accountor Finago Mergers and Acquisitions (M&A) Activities
In March 2025, Accountor Software finalized its public tender offer for Heeros Plc, a Finnish SaaS company. With this acquisition, Accountor Software now owns approximately 96.21% of Heeros' shares, further strengthening its position in the Finnish market. With the acquisition, Accountor Software continues to enhance and expand its offering, firmly positioning Accountor Software as one of the leading pure-play business software players in Finland, with a growing footprint across the Nordics.
Accountor Finago Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Accountor Finago applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Accountor Finago and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Procountor Financials, Procountor Solo, Allekirjoitus, Sopimuskone, Kassaturva, Procountor API customers.
Accountor Finago Overview
Accountor Finago Oy Keilaniementie 1
Espoo, x, 2150, Finland
358 20 744 2000
https://www.procountor.fi/
Ownership: - x
Number of Employees: 3100
Functional Markets: Content Management, ERP Financial,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, CPG, Distribution, Healthcare, Insurance, Leisure and Hospitality, Manufacturing, Media, Non Profit, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,
Accountor Finago Key Enterprise and Cloud Applications
Procountor Financials, Procountor Solo, Allekirjoitus, Sopimuskone, Kassaturva, Procountor API
Accountor Finago Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Accountor Finago Revenue Breakdown By Type, $M:
Accountor Finago Enterprise Applications Revenues By Functional Markets, $M:
Accountor Finago Enterprise Applications Revenues By Verticals, $M:
Accountor Finago Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Accountor Finago Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Accountor Finago Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Accountor Finago Customers
No. of Accountor Finago Customers: 131600
No. of Accountor Finago Enterprise Applications Customers: x
No. of Accountor Finago Cloud Customers: x
No. of Accountor Finago Cloud Subscribers: x
Accountor Finago is the manufacturer of the financial management software products in Finland and a part of Accountor Group’s FMS software business. The software products are used by over 1,600 accounting offices, and we serve over 130,000 companies in Finland, Sweden, Norway, and Denmark. Its diverse customer base includes Terapiina, Cadpool, Design Valkea, Nordic Business Forum, Resta10, Smarp, ADCount, Boffice, Labra.ai, and many more.
Accountor Finago Market Opportunities, M&A and Geo Expansions
In July 2024, Accountor and its majority shareholder, Vitruvian Partners, announced that KKR, a global investment firm, had agreed to acquire a majority stake in Accountor. As part of the transaction, Vitruvian Partners retained an option to reinvest in the company.
Accountor Software delivers cloud-based financial management and human capital management solutions to more than 130,000 customers across the Nordic region. Its platforms support a broad range of business functions, including automated accounting workflows, invoice processing, employee data management, and digital payroll solutions. With a consistent track record of strong performance, Accountor has achieved 10 consecutive years of growth, maintaining a compound annual growth rate (CAGR) of 19%, and reported revenues of €132 million for the 12 months ending May 2024.
Accountor Finago Risks and Challenges
While Accountor Finago has a strong presence in Finland, Sweden, and Denmark, its international expansion has faced challenges. For instance, the company ceased operations in Norway in 2022, indicating potential difficulties in sustaining operations beyond its core markets.
Accountor Finago Ecosystem, Partners, Resellers and SI
Accountor Finago has a strong foothold in the Nordic region, with operations in Finland, Sweden, and Denmark. The company serves clients both directly and through an extensive network of accounting offices and strategic partners.
Accountor Finago offers a structured partner program called the Finago Network, designed for software companies that integrate with Finago's financial management solutions. This program provides partners with benefits such as exposure on Accountor Finago's website, joint marketing opportunities, training and consultation services, and access to a partner community. The network has three levels—Integrator, Member, and Partner—each offering increasing benefits based on the depth of collaboration and mutual customer engagement.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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