List of AARO Customers
Stockholm, 10028,
Sweden
Since 2010, our global team of researchers has been studying AARO customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased AARO for Financial Consolidation and Close from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using AARO for Financial Consolidation and Close include: AFRY, a Sweden based Professional Services organisation with 17898 employees and revenues of $2.54 billion, DNA Finland, a Finland based Communications organisation with 1700 employees and revenues of $1.15 billion, Clas Ohlson, a Sweden based Retail organisation with 5000 employees and revenues of $944.0 million, Coor Service Management, a Sweden based Construction and Real Estate organisation with 3000 employees and revenues of $500.0 million, Addnode Group, a Sweden based Professional Services organisation with 1897 employees and revenues of $482.0 million and many others.
Contact us if you need a completed and verified list of companies using AARO, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The AARO customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Addnode Group | Professional Services | 1897 | $482M | Sweden | Aaro Systems | AARO | Financial Consolidation and Close | 2018 | n/a |
In 2018 Addnode Group implemented AARO from Aaro Systems as a targeted solution for group reporting. Apps Category:
The initial deployment delivered a basic reporting package designed to handle the primary steps in group reporting, with out of the box capabilities to produce standardized forms and consolidated reports. Over time the finance organization configured and developed additional custom forms and reports inside AARO, reflecting a low maintenance, extensible configuration model that supports iterative enhancement by internal staff.
Operationally AARO was scoped to support month end close and operational reporting for group finance, with the Senior Group Controller overseeing configuration and reporting governance. A normal monthly closing including checking is reported to take about four hours, and the operational reporting set can be retrieved into Excel in a few minutes, shifting effort toward analysis and commentary.
Governance followed an incremental rollout and in situ development pattern, where Addnode Group successively added reports and forms rather than undertaking a large go live cutover. The implementation emphasizes internal ownership of reporting logic and rapid retrieval of operational data for analysts, while maintaining the AARO reporting engine as the central tool for group financial and operational reporting.
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AFRY | Professional Services | 17898 | $2.5B | Sweden | Aaro Systems | AARO | Financial Consolidation and Close | 2018 | n/a |
In 2018, AFRY implemented AARO as a Financial Reporting application to support global financial follow-up across the AFRY Group. The deployment established AARO as one of the key systems used by Group accounting for consolidated reporting and detailed financial analysis.
AARO’s integrated report generator and close integration with Excel are central functional elements, providing full transparency from group level down to the lowest operational levels. The implementation emphasized drill-down reporting, ad hoc report twisting and turning, and reusable report templates to enable analysis and presentation workflows across the organisation.
Operational coverage focused on Group accounting and finance teams across the AFRY Group, with AARO used to aggregate, present and analyse financial data for multiple operational units. The configuration preserved detailed transactional visibility while surfacing consolidated views for financial follow-up and reporting.
Governance centered on standardized reporting templates and Excel-driven report distribution to align accounting processes and presentation practices, supporting ongoing analysis and interdepartmental reporting needs. AFRY’s Director Group accounting describes AARO as providing transparency and simplicity for analysing and presenting data across the organisation.
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Ahlmark | Professional Services | 10 | $1M | Sweden | Aaro Systems | AARO | Financial Consolidation and Close | 2019 | n/a |
In 2019, Ahlmark deployed AARO from Aaro Systems as a Consolidation application to support its accounting and group reporting functions. Ahlmark implemented AARO to centralize consolidated reporting workflows while retaining flexibility for activity-specific reporting packages within the same period.
The deployment emphasized the AARO Web client for data collection, using it to gather reporting-in times and to distribute the accounting handbook, which made reference materials and time reporting accessible to accountants in the companys subsidiaries. Configuration included multiple report packages per period to accommodate different activities, enabling localized data capture while maintaining a consolidated reporting cadence.
Functional capabilities implemented include the consolidation engine, web-based reporting input, and configurable reporting packages, aligned with standard Consolidation workflows. Consultants with group accounting expertise supported upgrades and configuration, which the customer credited with delivering higher quality in group accounting and allowing correction of previously unresolved accounting issues.
Operational coverage focused on accounting and group accounting across Ahlmarks subsidiaries, with lightweight installation and start-up procedures to provision access for new employees or when computers are changed. Governance relied on centralized distribution of the accounting handbook and packaged reporting templates in AARO, reinforcing consistent submission processes and auditable reporting flows.
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Cabonline | Professional Services | 150 | $10M | Sweden | Aaro Systems | AARO | Financial Consolidation and Close | 2019 | n/a |
In 2019, Cabonline deployed AARO to centralize group consolidation and legal reporting across its corporate group. Before the AARO implementation project, Cabonline’s group consolidation system lacked end-to-end legal reporting functionality, change tracking and consolidated figure transparency.
The implementation used AARO to deliver Financial Consolidation and Close capabilities focused on legal consolidation, change tracking, consolidated reporting transparency, intercompany matching and operational eliminations. Configuration work emphasized automated elimination workflows and reconciliation orchestration, and AARO was configured to handle accounting for organic growth during acquisitions and merges.
Operational scope concentrated on group finance and legal reporting processes, aligning previously separate operational and legal report handling to address difficult reconciliations in a business that reports about 6.2B SEK in revenue and performs roughly 50K journeys per day. The deployment targeted consolidation of newly acquired entities and ongoing merger activity so group consolidation could be managed as a routine financial process.
Governance changes included centralizing consolidation workflows and introducing formal change tracking for legal reporting and consolidated figures to increase transparency and control. AARO served as the Financial Consolidation and Close platform Cabonline leveraged to instrument operational eliminations and to manage organic growth during acquisition and merger activity.
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Clas Ohlson | Retail | 5000 | $944M | Sweden | Aaro Systems | AARO | Financial Consolidation and Close | 2019 | n/a |
In 2019, Clas Ohlson implemented AARO as its Financial Consolidation and Close application. The deployment established a group-level consolidation platform within the finance organization to standardize period-end close, statutory consolidation and reporting workflows.
Implementation emphasized AARO's consolidation engine, intercompany elimination, data collection and close management capabilities, configured to support chart of accounts mapping, journal consolidation and validation workflows. Configuration work focused on templates and automation for recurring consolidation entries and orchestration of close tasks to reduce manual reconciliation steps.
Operational coverage centered on the accounting and tax function, with the deployment intended to consolidate financials across Clas Ohlson's corporate entities. Integrations used standard interfaces to source ledgers and automated data feeds to populate consolidation tables, while role-based security governed adjustments, journals and approval workflows.
Governance aligned to finance process owners and the Head of Accounting & Tax enabled local administration and ongoing configuration changes. Roger Edbom, Head of Accounting & Tax, stated they appreciate the user-friendliness of AARO and that it is easy to administrate, change and complement the system, and that the system lives up to all the expectations they had before purchasing.
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Construction and Real Estate | 3000 | $500M | Sweden | Aaro Systems | AARO | Financial Consolidation and Close | 2017 | n/a |
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Communications | 1700 | $1.2B | Finland | Aaro Systems | AARO | Financial Consolidation and Close | 2016 | n/a |
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Construction and Real Estate | 10 | $1M | Sweden | Aaro Systems | AARO | Financial Consolidation and Close | 2019 | n/a |
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Banking and Financial Services | 1500 | $250M | Kenya | Aaro Systems | AARO | Financial Consolidation and Close | 2019 | n/a |
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Communications | 246 | $234M | Norway | Aaro Systems | AARO | Financial Consolidation and Close | 2019 | n/a |
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Buyer Intent: Companies Evaluating AARO
- Making Moves London, a United Kingdom based Construction and Real Estate organization with 40 Employees
- WeWork United Kingdom, a United Kingdom based Construction and Real Estate company with 1500 Employees
- Michigan Precision Swiss, a United States based Manufacturing organization with 20 Employees
Discover Software Buyers actively Evaluating Enterprise Applications
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