Stardekk is a leader in the development of an online hospitality booking software. More than 3 500 properties in over 50 locations manage their bookings through Stardekk's software. Newly raised capital increased the need for Stardekk to invest in a sound financial and operational reporting solution.
Tracking management KPIs was just not possible with the traditional accounting tools and Excel spreadsheets. Stardekk's executives opted for EMAsphere, as it precisely delivers the management solution with the needed real-time output.
Stardekk was founded twenty years ago, a company specialised in applications for hotels. It has benefited from a strong and steady growth last years. Especially dedicated to owners of hotels, B&Bs and other wellness centres around the world, Stardekk rose to become the privileged tech partner of travel platforms such as AirBnB, Booking.com, Google Trips,Expedia, HRS and Tripadvisor.
The founding CEO Vincent Goemaere confirms: "We are now the leading stakeholders in the online softwares business.”
Having access to the fresh capital created a fundamental need for financial and operational reporting to sustain the company’s growth. The traditional accounting tools could no longer help us to satisfy our international ambitions.
This is why the solution offered by EMAsphere - the ability to manage and track in real-time the enterprise’s performance - was more than attractive to the management of Stardekk. “It (the solution) has the advantage to easily integrate with the Exact Online accounting solutions, illustrates Vincent Goemaere, who’s very satisfied with the fluidity and flexibility of the implementation.
The implementation has been extremely quick thanks to EMAsphere’s expertise and experience with our accounting system.
Pierre Swenden, Commercial and Financial Management Controller for Stardekk approves:
EMAsphere ensures a seamless creation of exhaustive financial reports, adapted to any type of user. Whether it is a board member, the management or the operation team.
The reports are visual and understandable by anyone. Each reporting can easily evolve according to the company’s new operational realities while it keeps offering relevant KPIs to each user.
Another crucial advantage lays with the update of the financial information. The update of Exact Online’s accounting system is completely automated. This automation ensures that manual errors and calculation errors related to Excel disappeared. Because of this time savings, The customer can therefore dedicate more attention to analysing the management performance.
“EMAsphere is now completely part of the decision-making process at Stardekk”, explains Pierre Swenden. “It allows us to gain a clear and updated view of the financial states of the company’s activities. Without this, our decision-making would be based on gut-feeling”. Vincent Goemaere continues: “Compared to Excel, EMAsphere is a synonym for valuable time-savings in terms of calculations and layout. It prevents us from making typing errors.”
The ability to share and give access to several users makes the tool a must-have. By providing a clear view of our financial situation, EMAsphere helps us to take better operational or strategic decisions to maintain our activity growth.