Administer Group

What Administer Group does

Administer Group is a Finnish multi-brand platform providing payroll, financial management, HR services, and accounting software to over 5,000 customers spanning SMEs, large enterprises, and the public sector. Founded in 1985 and headquartered in Helsinki, the company is publicly listed on Nasdaq First North Growth Market Finland (ticker: ADMINISTER) since December 2021 and self-describes as Finland's largest payroll outsourcing partner with leading expertise in grey economy prevention. Operations are organized across five core subsidiaries: Sarastia Oy (public sector financial and payroll administration for municipalities and wellbeing services counties), Silta Oy (payroll management, PEO services, HR outsourcing, and the Simo mobile app), Econia Oy (business services, tax advisory, staffing, and grey economy control), Administer Tilitoimisto (SME accounting and CFO services via the eFina platform), and EmCe Solution Partner Oy (accounting, payroll, and billing software including the EmCe 365 cloud suite). The group includes roughly 20 wholly-owned entities with consolidated operations in Finland, Estonia (Silta Eesti Oü), and Sweden (Administer Sverige AB, launched May 2026).

The underlying technology stack is a platform-plus-brands architecture where EmCe provides the software backbone (accounting software, payroll software, billing software, and the EmCe 365 product suite), eFina provides electronic financial management, and the service subsidiaries deliver managed-service delivery on top. Proprietary features include EmCe 365 (integrated accounting, payroll, billing) and Simo (mobile payroll self-service), with technology differentiators positioned around integration interoperability and ease of implementation rather than AI-native capabilities. No API platform, SDK, or MCP server is publicly documented. The group is GDPR and CSRD compliant and holds GDPR-aligned data protection training programs.

Revenue is generated primarily through subscription and recurring managed-service contracts across payroll outsourcing, financial management, HR services, and software licensing, supplemented by professional services revenue from grey economy consulting, staffing, and CFO advisory. Pricing is quote-based and tailored to customer size and segment (SME, enterprise, public sector) and is not publicly disclosed. GTM is enterprise B2B direct sales executed through dedicated subsidiary sales teams serving distinct customer segments. The company has pursued an aggressive inorganic growth strategy, completing 15+ acquisitions between 2022 and 2026, including regional Finnish accounting firms and the strategically significant Sarastia public sector business in late 2025 and early 2026.

Name

Administer Group

Legal name

Administer Oyj

Website

https://administergroup.com

Company type

Public

Founded year

1985

Operating status

Operating

Headcount range

11–50 employees

Short description

Administer Group is a Helsinki-based, Nasdaq First North-listed Finnish multi-brand platform providing payroll outsourcing, financial management, HR services, and accounting software to over 5,000 SMEs, large enterprises, and public sector organizations, and is Finland's largest payroll outsourcing partner.

Ownership category

akta.pro rank

Product category

Payroll and Financial Management Services

NAICS

Payroll Services (541214), Professional Employer Organizations (56133), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Management Consulting Services (54161)

SIC

Services-Help Supply Services (7363), Services-Employment Agencies (7361)

akta.pro primary industry

Managed Payroll Services (Full-Service Payroll Outsourcing) (BPAAAHAA)

akta.pro secondary industries

HR Compliance & Policy Administration Outsourcing (incl. regulatory reporting) (BPACAKAK), Billing & Revenue Operations (Subscription/Usage Billing, Rating, Order-to-Cash Support) (BPAAAGAD), Financial Planning & Analysis Support (Budgeting, Forecasting, Management Reporting) (BPAAAGAJ)

Keywords

• Payroll outsourcing
• Financial management services
• HR services
• Accounting software
• Public sector services

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Payroll Services: Comprehensive payroll management and outsourcing services through Silta Oy brand, positioning the company as Finland's largest payroll outsourcing partner
2. Financial Management Services: Accounting, CFO services, and financial administration through Administer brand and Sarastia for public sector
3. HR Services: Personnel leasing, staffing solutions, and HR consulting through Econia Oy and Silta Oy
4. Software Licenses: EmCe brand providing accounting software, payroll software, and billing solutions
5. Grey Economy Control Services: Specialized consulting services for combating grey economy through Econia Oy

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Administer Group provides outsourced payroll, financial management, HR, and software services to Finnish businesses, municipalities, and public sector organizations through five operating brands (Sarastia, Silta, Econia, Administer Tilitoimisto, and EmCe). Its core service offering covers payroll processing and outsourcing, accounting and CFO services, HR consulting and staffing, grey economy prevention, and proprietary accounting/payroll/billing software (EmCe). It is positioned as Finland's largest payroll outsourcing partner with more than 5,000 customers.

Product overview

Administer Group is a multi-service provider of HR and financial management services organized as a platform-plus-brands architecture. The group consists of five main service brands: Silta Oy (payroll management and HR services), Econia Oy (business services, employment expertise, and grey economy control), Administer Tilitoimisto (accounting and financial management), EmCe Solution Partner Oy (software products for accounting/payroll/billing), and Sarastia Oy (public sector financial and payroll administration). EmCe provides the underlying software products (accounting software, payroll software, billing software, EmCe 365 suite) that power the service delivery. The brands are positioned to serve both private sector (SMEs to large companies) and public sector (municipalities, wellbeing services counties). Additional subsidiaries include Kuntalaskenta Oy for municipal accounting. The group also offers specialized services including grey economy prevention, HR analytics, PEO services, and CFO services.

Differentiator

Problem solved

Functional benefit

Products and services

• Sarastia Oy - Public Sector Financial and Payroll Administration Specialized financial and payroll administration services for Finnish municipalities, wellbeing services counties, and other public sector organizations, including grey economy prevention expertise.
• Silta Oy - HR and Payroll Services HR services and payroll management offering including payroll outsourcing, HR consultancy, PEO services, and HR analytics for enterprises and large companies in Finland.
• Econia Oy - Business Services and Grey Economy Control Comprehensive business services including financial and HR management, business setup, tax advisory, payroll and accounting, local representation for posted workers, grey economy control, and staffing and recruitment.
• Administer Tilitoimisto - Accounting and Financial Management Electronic financial and payroll management services for small and medium-sized companies, including financial management, CFO services, payroll services, and the eFina electronic financial management platform.
• EmCe Solution Partner Oy - Accounting, Payroll and Billing Software Software products for accounting, payroll, and billing, including the EmCe 365 cloud-based suite, sold to enterprises and used internally across the Administer Group brands.
• Kuntalaskenta Oy - Municipal Accounting Services Financial management partner specializing in municipal and public sector accounting services for Finnish municipalities and public entities.

Quantifiable outcome

• Serving over 5,000 customers from SMEs to large enterprises and public sector

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Numera Palvelut OymajorStrategic or Co-development Partner · 19 December 2025Administer and Numera Palvelut signed agreement for acquisition of Sarastia's wellbeing services county customers' financial and payroll services business. This partnership strengthened Administer's position in the public sector wellbeing services market.

Scale indicators5 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Accountor Group: Finnish/Nordic accounting, payroll, HR, and PEO services provider with a multi-country footprint. Directly comparable to Administer on services, customer segments (SMEs to mid-market), and PEO offering.
• Visma: Leading Nordic provider of business software and payroll/HR outsourcing. Competes head-on with Administer's EmCe software and Silta/Sarastia payroll services across the Nordic SME and public-sector markets.
• Azets: Pan-Nordic/European provider of payroll, HR, and accounting outsourcing including PEO. Direct competitor in payroll and HR services, especially for multi-country Nordic and UK/Nordic clients.

Others

• Pihlajalinna: Finnish healthcare and wellbeing services company. Comparable only via 'wellbeing services county' ecosystem interaction with Administer's public-sector offerings rather than core payroll/HR.

Broad incumbents

• SD Worx: Major European HR and payroll services provider. Comparable through payroll/PEO capabilities, though primarily Western European rather than Nordic; competes for Nordic multi-country accounts.
• CGI Group: Global IT and business consulting firm with Nordic government clients. Comparable in public-sector financial management and IT services, particularly versus the Sarastia arm, but not specialized in payroll.
• TietoEVRY: Large Nordic IT services and software provider with payroll and HR modules. Overlaps with Administer at enterprise and public-sector customers but offers far broader IT services rather than payroll-specialized outsourcing.

Emerging players

• Lemonsoft: Finnish provider of cloud ERP, payroll, and HR software for SMEs. Competes directly with EmCe for small-business accounting/payroll software accounts in Finland.
• Fortnox: Swedish cloud-based accounting and payroll software provider for SMEs. Comparable to Administer via EmCe in the Swedish SME market — increasingly relevant as Administer expands into Sweden.
• Basware: Finnish-headquartered provider of AP automation and invoice processing. Thematically adjacent through billing/financial process automation, overlapping with EmCe 365 billing software.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeopen.spotify.com/show/5gufYYyGqMlM4tRXhDTTmC
• LinkedInlinkedin.com/company/administer-group

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries20 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Administer Group