AARO – History of the company and the software
AARO, the company, was established in 1989 and the first version of our software came on the market in 1999. Over the first 10 years, the foundations for our product were laid through the development of a customised reporting solution for international corporations. The result of that work was AARO – a complete CPM (Corporate Performance Management) system.
In 2005, the AARO software was complemented by what we now call AARO Base Package – a set of accounts that covers the needs of most clients and enables simple and fast implementation. Naturally, AARO Base Package can be supplemented and adapted to your particular needs and wishes.
The current version – AARO22 – was released at our user conference, 24 November-10 December 2020.
AARO is a self-financed, privately owned company that today has 145 employees in Stockholm, Malmö, Gothenburg, Kalix, Riga, Nairobi and Dubai.
We embrace client driven development, and has over the years built up a reputation for adaptability to its clients’ needs. Close cooperation, and development projects together with some of the biggest groups in Scandinavia have contributed to the growth of an organisation well equipped to meet market needs both in and outside Sweden.
For a number of years, we have been the leading supplier of group reporting systems to the Swedish market. Today, every second group chooses our software AARO when changing its group accounting system. On NasdaqOMX Stockholm Large Cap, over 25% are AARO users, and our clients represent a range of different industries with a variety of reporting and follow-up requirements.