Stardekk is a leader in the development of online hospitality booking software. More than 3 500 properties across more than 50 locations manage their bookings with 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 near impossible with traditional accounting tools and Excel spreadsheets. Stardekk's executives opted for EMAsphere, as it delivers the exact management solution they needed for real-time output.
Stardekk was founded twenty years ago and are specialists in developing and providing applications specifically for hotels. It has benefited from solid and steady growth over the last few years. Specifically dedicated to owners of hotels, B&Bs and other wellness centres worldwide, Stardekk became the preferred 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 software 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 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 of easily integrating 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 Sweden, Commercial and Financial Management Controller for Stardekk, concurs:
EMAsphere ensures a seamless creation of extensive financial reports adapted to all types of users. Whether it is a board member, management or the operation team.
The reports are visual and easy to understand by everyone. Each report can also quickly adapt to cater for the company’s new operational realities while offering KPIs relevant to each user.
Another crucial advantage lies in the automatic uploading and updating of financial information. The update from Exact Online’s accounting system is completely automated. This automation ensures that manual and calculation errors related to using Excel disappear. Because of this time savings, you can focus more on analysing and managing performance.
“EMAsphere is now a fully integrated part of the decision-making process at Stardekk,” explains Pierre Swenden. “It allows us to gain a clear and updated view of the financial status of the company’s activities. Without this, our decision-making would only be based on a gut feeling.”
Vincent Goemaere continues: “Unlike Excel, EMAsphere is a synonym for valuable time-savings regarding 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.