Elva
ELVA Baltic SIA is a Riga-based Microsoft partner delivering Dynamics 365 and Power Platform implementation, customization, and managed services to mid-to-large Latvian enterprises, augmented by proprietary Latvian localization apps and the Panorama 365 HR portal.
- Company typePrivate
- Founded2004
- HeadquartersRiga, Latvia
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Elva does
ELVA Baltic SIA is a Riga-based IT services and software company founded in 2004, operating as a Microsoft partner specializing in Dynamics 365 and Power Platform implementations for the Latvian market. The company delivers end-to-end enterprise IT services — diagnostics, implementation, customization, integration, training, and Azure-hosted managed services — targeting mid-to-large Latvian enterprises across wholesale, manufacturing, retail, financial services, insurance, logistics, and public-sector-adjacent industries such as airport services. Its core technology stack is Microsoft-centric: Dynamics 365 Business Central for SMB ERP, Dynamics 365 Finance & Supply Chain Management for larger enterprises, Dynamics 365 Sales for CRM, and Power Platform (Power BI, Power Apps, Power Automate, Power Pages, Copilot Studio) for low-code application development, analytics, and workflow automation.
Layered on top of the Microsoft stack, ELVA develops and resells a set of proprietary Latvian-localization applications published on Microsoft AppSource: six localization apps covering Latvian language interface, VAT reporting (with VID EDS export), cash management, Intrastat reporting, base banking/ECB data exchange, and structured e-invoicing via Unifiedpost. It also offers Latvian Payroll, Latvian Payroll Advanced, and Latvian Personnel modules for Business Central, plus Panorama 365, a self-service HR portal available in four Baltic languages with bi-directional synchronization to Business Central via the Latvian Payroll Connector (launched January 2023).
The business model combines professional services (implementation and consulting at EUR 75/hour, fixed-fee implementations from EUR 2,700), Microsoft licensing resale through an e-store, recurring subscription revenue from proprietary modules (EUR 75–260/module/month, EUR 69/user/month), training and seminars, managed services (Azure hosting and IT monitoring), and licensing fees for proprietary localization apps sold via Microsoft AppSource. Distribution is predominantly direct enterprise field sales supplemented by inside sales/remote support, a Microsoft AppSource marketplace presence, and event-led demand generation including the annual 'Attīstības perspektīva' conference. The company employs 101–250 people, holds no disclosed external funding, and operates as a privately held limited liability company under Latvian jurisdiction.
Elva firmographics
Firmographics- Name
- Elva
- Legal name
- Sabiedrība ar ierobežotu atbildību "Elva Baltic"
- Website
- https://elva.lv
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- ELVA Baltic SIA is a Riga-based Microsoft partner delivering Dynamics 365 and Power Platform implementation, customization, and managed services to mid-to-large Latvian enterprises, augmented by proprietary Latvian localization apps and the Panorama 365 HR portal.
- Ownership category
- akta.pro rank
Elva industry classification
Industry- Product category
- Enterprise ERP Software Implementation
- NAICS
- Software Publishers (513210), Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Enterprise Application License Advisory, Vendor Management & Optimization (BPAEAGAO)
- akta.pro secondary industries
- Data Engineering, Integration & ETL/ELT Services (BPAEAHAB), Core ERP Suites (Financials, Procurement, Projects) (HDAEAEAA), Onboarding, Offboarding & Employee Lifecycle Administration (BPACAHAL)
Keywords
Where Elva is headquartered
LocationHeadquarters
- HQ city
- Riga
- HQ country
- Latvia
- HQ region
- Europe
Offices2 records
Markets served
Elva business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Business IT Systems Implementation and Servicing: ELVA provides end-to-end deployment, configuration, customization, and ongoing servicing of Microsoft Dynamics 365 and Power Platform solutions. This includes project management, data migration, user training, and post-launch support. Revenue is generated through consulting fees, implementation project fees, and ongoing support contracts billed at hourly rates (EUR 75/hour + VAT for service work).
- Software Licensing Resale: ELVA resells Microsoft 365 (Office), Power BI, Power Apps, and Dynamics 365 product licenses through its e-store. Customers subscribe to Microsoft cloud services and ELVA acts as an intermediary, billing clients and managing the relationship. Revenue is recurring based on per-user/per-module subscription fees.
- Microsoft Dynamics 365 Business Central Salary and HR Module Subscription: ELVA offers proprietary Latvian-localized salary and HR modules for Business Central with tiered pricing: Base module at EUR 75/module/month, Extended module at EUR 260/module/month, and Essential user at EUR 69/user/month. Additional implementation and subscription fees apply. Solution subscription starts from EUR 133/month depending on modules and users selected.
- Training and Business Seminars: ELVA organizes and conducts in-person training and business seminars, including courses on data analytics with Power BI and Fabric. Training fees are charged per course/program. Webinars are also offered as part of the marketing and educational strategy.
- Data Storage (Hosting) Services: ELVA provides data storage/hosting services as part of its IT systems offering, supporting Dynamics 365 and other business systems deployment in cloud or hybrid configurations.
- IT Monitoring Services: ELVA offers IT infrastructure monitoring services covering both local (on-premises) and Azure-hosted environments, including ERP system business logic verification, resource efficiency checks, automated alerting, and optimization recommendations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Base Module — Salary Components and Payroll Calculation |
| Subscription | Monthly | Extended Module — Full HR and Workforce Management |
| Per seat | Monthly | Essential User — Business Central Full Access |
| Subscription | Monthly | Solution Subscription Starting Price |
| Other | Multi-year contract | Implementation — Diagnostics Phase |
| Other | Multi-year contract | Implementation — Salary and HR Module |
| Other | Multi-year contract | Dynamics 365 Business Central Financial Management Implementation |
| Subscription | Monthly | Microsoft 365 and Dynamics 365 Licensing (E-Store) |
| Usage-based | Pay-as-you-go | Azure Deployment — Dedicated (Pay as You Go) |
| Subscription | Monthly | Azure Deployment — Optimized/Shared |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels9 records
Elva product offering
Product offeringCore offering
Elva is a Microsoft partner that implements, customizes, and supports Microsoft Dynamics 365 ERP and Power Platform solutions for Latvian enterprises, complemented by proprietary Latvian localization apps, Panorama 365 HR portal, and payroll/personnel modules. Revenue is generated through Microsoft license resale, proprietary software subscriptions (Base/Extended Payroll modules, Panorama 365), fixed-fee implementation projects, hourly consulting (EUR 75/hour), and managed Azure hosting/monitoring services.
Product overview
Elva is a strategic IT partner and Microsoft solutions provider offering a comprehensive portfolio of enterprise software solutions and implementation services. The core offering centers on Microsoft Dynamics 365 ERP ecosystem (Business Central for SMBs and Finance/Supply Chain Management for large enterprises), complemented by Microsoft Power Platform for low-code application development, workflow automation, and business analytics. Elva also provides proprietary add-on solutions including Panorama 365 (HR self-service portal) and Latvian localization apps for Dynamics 365 Business Central (covering VAT reporting, cash management, Intrastat, e-invoicing, and payroll). Services span implementation, customization, integration, training, and Azure infrastructure management. The portfolio is unified around Microsoft technologies with ELVA-built extensions addressing Latvian market compliance requirements.
Differentiator
Problem solved
Functional benefit
Brands
- Panorama 365: ELVA-developed HR portal for employee self-service and HR management
- Latvian Payroll Connector for Panorama 365
- Latvian Payroll
- Latvian Payroll Advanced
- Latvian Personnel
Products and services
- Microsoft Dynamics 365 Business Central
Quantifiable outcome
- Productivity increased by up to 70% without increasing headcount
- +7 more outcomes
Companies that use Elva
Customer profileNamed customers12 records
Segments6 records
Ideal customer profiles3 records
Elva technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration15 records
AI capability9 records
Feature5 records
Elva partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- MicrosoftcoreELVA is a Microsoft partner specializing in Microsoft Dynamics 365 (Business Central, Finance, Supply Chain Management, Sales CRM), Microsoft Power Platform (Power BI, Power Apps, Power Automate, Power Pages, Copilot Studio), Microsoft 365, Microsoft Azure, and Microsoft Copilot. ELVA has 15+ years of experience implementing Microsoft solutions for customers across various industries and countries. ELVA develops proprietary localization apps for Dynamics 365 Business Central that are published on Microsoft AppSource.
- Latvian IT Cluster (European Digital Innovation Center)coreELVA is a member of the Latvian IT Cluster (part of the European Digital Innovation Center). ELVA participated in the cluster's pavilion at RIGA COMM 2025 alongside 16 other technology companies. The cluster focuses on future technologies including AI, cybersecurity, business digitalization, and data analytics solutions. SIA ELVA Baltic has signed an agreement for involvement in project No. 5.1.1.2.i.0/3/24/A/CFLA/010 'Cluster Support for ICT Sector Internationalization and Development Promotion', co-funded by the European Union Recovery Fund.
- ToyotaminorToyota is cited as an example of a large global corporation using Microsoft Power Apps to increase employee productivity and reduce company costs. This is used as a reference case by ELVA when presenting Power Apps capabilities to potential clients.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Elva competitors and assessment
Company assessmentBroad incumbents
- Avanade: Joint Accenture-Microsoft venture and the world's largest Microsoft-focused consultancy. Highly comparable because it delivers Dynamics 365 ERP, Power Platform, Azure, and Copilot implementations at global enterprise scale across overlapping customer profiles.
- HCLTech: Global IT services firm with a large Microsoft Business Applications practice. Comparable because it implements Dynamics 365, Power Platform, and Azure solutions for enterprise customers worldwide, often competing for similar mid-market and large-enterprise ERP engagements.
- CGI Group: Major Canada-headquartered IT consulting and systems integration firm with Nordic roots. Comparable because it delivers enterprise ERP implementations, Microsoft Dynamics 365 services, and managed IT across Northern Europe and globally.
- Slalom: US-headquartered consulting firm with deep Microsoft partnership spanning Dynamics 365, Power Platform, and Azure. Comparable as a Microsoft-specialized consultancy delivering similar ERP, analytics, and cloud transformation services to mid-market and enterprise clients.
Regional players
- TietoEVRY: Leading Nordic-headquartered IT services provider with strong Microsoft partnership across the Nordics. Comparable because it delivers Dynamics 365, ERP, and managed services in overlapping Nordic-Baltic geographies, often competing for the same regional enterprise customers.
Direct peers
- Columbus: Danish-headquartered Microsoft Dynamics 365 partner with strong Nordic-Baltic presence. Directly comparable because it implements Business Central, Finance/Supply Chain Management, and provides related managed services for mid-market manufacturers, wholesalers, and service firms.
- Wipfli: US-based top-10 Microsoft Dynamics 365 partner with strong SMB and mid-market ERP practice. Directly comparable because it sells, implements, and supports Dynamics 365 Business Central, Power Platform, and related analytics solutions for similar mid-market enterprise profiles.
- Sikich: US accounting-and-technology firm with a major Microsoft Dynamics practice. Directly comparable because it implements Business Central, Finance/Supply Chain, and Power Platform for mid-market manufacturers, distributors, and service providers — closely mirroring ELVA's vertical mix.
- BDO Digital: Global professional services network with an established Microsoft Dynamics 365 practice. Directly comparable because it implements Dynamics 365 ERP solutions and provides licensing advisory and optimization services for similar mid-market enterprise profiles.
- RSM US: Global accounting and consulting firm with a large Microsoft Dynamics 365 ERP practice. Directly comparable because it delivers Business Central, Finance, and Supply Chain implementations plus managed services for mid-market companies across multiple industries.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Elva social profiles
Digital presenceElva compliance and trust
Trust signalCompliance1 record
Elva financial estimates
Financial estimateRevenue estimate
Valuation estimate
Elva leadership team
Management profileNumber of profiles
Profiles3 records
Elva funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Elva M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Elva
What does Elva do?
Elva is a Microsoft partner that implements, customizes, and supports Microsoft Dynamics 365 ERP and Power Platform solutions for Latvian enterprises, complemented by proprietary Latvian localization apps, Panorama 365 HR portal, and payroll/personnel modules. Revenue is generated through Microsoft license resale, proprietary software subscriptions (Base/Extended Payroll modules, Panorama 365), fixed-fee implementation projects, hourly consulting (EUR 75/hour), and managed Azure hosting/monitoring services.
Is Elva a public or private company?
Elva is a private company. It is classified as unknown and is currently operating.
When was Elva founded?
Elva was founded in 2004. It employs 101 to 250 people.
Where is Elva based?
Elva is headquartered in Riga, Latvia, in the Europe region.
How does Elva make money?
Six revenue lines are on record. Business IT Systems Implementation and Servicing is the primary driver. The others are software Licensing Resale, microsoft Dynamics 365 Business Central Salary and HR Module Subscription, training and Business Seminars, data Storage (Hosting) Services and IT Monitoring Services.
Who are Elva's main competitors?
Broad incumbents on record are Avanade, HCLTech, CGI Group and Slalom. TietoEVRY is listed as a regional player. Direct peers are Columbus, Wipfli, Sikich, BDO Digital and RSM US.
Does Elva have an API?
No public API is recorded for Elva.
What industry is Elva in?
Elva's product category is Enterprise ERP Software Implementation. Its primary akta.pro industry code is BPAEAGAO, Enterprise Application License Advisory, Vendor Management & Optimization, with a secondary code of BPAEAHAB, Data Engineering, Integration & ETL/ELT Services. Its NAICS code is 513210 and its SIC code is 7370.