Enabling a more meaningful work life for finance professionals

You're looking to organise, de-stress and simplify the financial close process for your team.

We built Aico, the company and the platform, to handle the complex, unique and changing needs of the world's biggest enterprises, and the people who work there.

Every solution we offer can be brought together to form part of a complete financial close process platform, built by our team of delivery and software specialists.

 

Award-winning support

Statutory compliance, operational complexity and technological advances demand that the financial platform you use is flexible and scalable.

Aico’s R&D and Product teams adapt, innovate and develop alongside you and your needs, meeting each new twist in the road with the tenacity and commitment you expect from a first-class service.

Togetherness

“Our sense of togetherness means that we feel comfortable in our work community to share all of our ideas to find the best solutions even for the toughest of challenges.

"We achieve the best results working together, ensuring that we can come up with novel and advanced solutions.”

- Jēkabs, Solutions Consultant

Sustainable growth

“Aico has grown quickly, but it feels like everyone has the chance to grow and learn together with the company. I'd say if you have the willingness to grow, there is an opportunity for you here.

"Also, implementing Aico is a huge change for our customers, so we do everything we can to support them. After all, Aico is there to give finance professionals a better and more meaningful work-life balance by easing and automating some of their current accounting processes. We're here to support their evolving business needs and grow together.”

- Lolita, Support Specialist

Aico Accel-KKR Juuri Partners logos

Aico Accelerates Growth with Strategic Investment from Accel-KKR

In April 2024 Aico entered into a partnership with Accel-KKR, a global leader in technology investment. This investment fuels Aico's mission to provide large enterprises across Europe with a leading financial close platform.  

Accel-KKR is a global technology-focused private equity firm with $19 billion in cumulative capital commitments. Accel-KKR is committed to growth and helping software companies deliver value to their customers through excellent products and services. 

Accel-KKR's expertise and resources will propel Aico's market expansion, bringing automation, transparency, and control to the financial close process for more businesses than ever before. With this investment, Accel-KKR will join the current investor - Juuri Partners - as backers of Aico. 

Introducing Our Leadership Team

Meet the people behind our commitment to excellence

image of Ulf Alkelin

Ulf Alkelin in

Interim CEO

ulf.alkelin@mercur.com

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Martti Lahtinen in

Chief Financial Officer

invoicing@aico.ai

Martti Lahtinen, Aico's CFO since December 2022, specialises in finance, managing accounting, payments, sales invoicing, reporting and travel expense claims. His daily responsibilities include overseeing day-to-day finance activities such as sales and purchase invoices, payments, as well as month-end tasks. Martti also focuses on financial reporting and forecasting to support Aico’s growth on its strategic path. With a keen eye for detail and extensive expertise in finance, Martti plays a crucial role in driving Aico's financial operations forward.

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Kaisa Nuorivaara in

CHRO

kaisa.nuorivaara@aico.ai

Kaisa has been the Head of People and Culture as well as Organisational Development at Aico since September 2016. She specialises in nurturing a positive company culture and overseeing organisational development. Additionally, she manages Aico’s Latvian and German legal entities. She believes in empowering individuals to develop their roles while providing support when needed, contributing to Aico's vibrant and supportive work environment.

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Daniel Hedberg in

CIO

daniel.hedberg@mercur.com

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Asif Muhammad in

CMO

muhammad.asif@aico.ai

Asif is a result-oriented global B2B SaaS marketing executive with 20 years of global marketing experience in high technology. He has built and led a global marketing organisation, from intense expansion and pre-IPO phases to a successful IPO and acquisition. Asif thrives in a fast-paced business environment and brings significant expertise in developing global growth and generating sales for high-growth and category-creating leading companies, such as IBM, Microsoft, NetApp, Omnicell, Nlyte and UiPath.

He has a proven track record in driving new customer acquisition programs from concept through execution, building highly effective teams, supporting post-merger integrations, product development and executing effective product launch plans and strategic partnerships. 

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Jon Craven in

CRO

jon.craven@aico.ai

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Johan Lindemann in

CTO

johan.lindemann@mercur.com

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Ola Henriksson in

VP Professional Services

ola.henriksson@mercur.com

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Clive Jefferies in

Product Manager for Aico

clive.jefferies@aico.ai

Clive, the Chief Product Owner, is a member of the leadership team and Aico's product owner. He is responsible for the functional design of the Aico platform ensuring that the business requirements are delivered through Aico. From account reconciliation and close task management to journal entries, intercompany invoicing, accruals, and manual payments, he designs the features that make Aico meet the customer’s business case. Clive supports international pre-sales efforts, conducting demos and discovering customer requirements. He also actively supports and helps the Customer Services Unit, working directly with customers.

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Petra Öhlin Stralström in

Product Manager for Mercur

petra.ohlin.stralstrom@mercur.com

Introducing Our Board Members

Meet the people supporting our commitment in excellence

image of Maurice Hernandez

Maurice Hernandez in

Managing Director, Accel-KKR

To find out more about Maurice, click here.

image of Phil Cunningham

Phil Cunningham in

Managing Director, Accel-KKR

To find out more about Phil, click here.

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Hansaka Fernando in

Senior Associate, Accel-KKR

To find out more about Hansaka, click here.

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Tapani Varjas in

Partner, Juuri Partners

To find out more about Juuri Partners, click here.

Take 5 minutes to discover why Europe’s leading enterprises  trust Aico with their financial close.