IT Companies and Startups in Latvia

2025. Ukrainian POS service PayKit comes to Baltic market



PayKit announced the launch of its POS system in the Baltic states. Thanks to a strategic partnership with Luminor, one of the region's largest banks, the company has gained access to businesses in Lithuania, Latvia and Estonia. With PayKit, companies can easily set up accounting, sales, and payment processes, allowing them to conveniently scale their operations in the Baltic states. PayKit enables card and cash payment acceptance at retail locations, the issuance of fiscal and sales receipts, integration with a portal for sales analysis and control, and connection to customer loyalty programs. This integrated, all-in-one solution reduces costs.


2022. PayTraq - simple and effective online accounting from Latvia



PayTraq developers claim that this cloud-based accounting system has everything small business needs. You'll get full automation of sales, purchasing, inventory control, bookkeeping, fixed assets, financial loans and payroll. All financial data and documents are securely stored in the cloud and are always accessible online. PayPal and credit card support are built-in. PayTraq automatically creates all payment accounting entries, eliminating the need for manual entry. If your business requires regular invoicing, automated invoice sending will help you receive payments faster and save time on invoicing. ERP-level functionality and a simple interface will save you time and allow you to get started quickly. Pricing starts at 20 EUR/month.


2020. Compucash's product register is now available in browser



Compucash, the Latvian cash register system, has implemented a new product register that runs in the browser and interacts with the cash register and office software. The product allows to create product groups and their subgroups, the entry of products and components, the addition of recipes, and the creation and modification of toolbars. When creating a new product subgroup, you can add a button color that will then be used for all buttons in this group. This color can later be changed as needed. Naturally, you can choose whether a button interacts with just one product or an entire group. When creating a cash register panel, you can choose which cash register system it will be displayed in. There is no longer need to create separate panels for each cash register or duplicate them.

2014. HelpDeskEddy automates customer support and document management



Latvian service HelpDeskEddy is a fairly powerful online customer support system. It includes the HelpDesk ticket management system, knowledge base, client portal, chat, time tracking system, and document management system. Users have extensive customization options: departments, user groups, permissions, and the ability to receive tickets via email (from multiple mailboxes) and through a website form. Email/SMS notifications, email templates, and an analysis of employee and client workloads are also available. The system is offered as SaaS by default, but custom implementation is possible with individual modifications and the programming of specific business processes (including on the client's server). The SaaS version costs 5 euros per month per user.


2007. Latvian Veron has equipped its sales agents with PDA app

Riga-based Andi-M has successfully completed the implementation of 1C:Enterprise 8 at Veron, a major Latvian food supplier. The new information system is built on the ANDI:Trade Management for Latvia solution and the 1C:Enterprise 8. Extension for Pocket PCs software, which was first implemented in Latvia. Automation has significantly simplified and accelerated customer service. Now, a sales representative can create an order from a pocket PC while on-site and send it to the office for immediate processing. The 1C:Enterprise 8. Extension for Pocket PCs software was used to automate the work of sales representatives. ANDI:Trade Management for Latvia also includes a new subsystem, Mobile Application Management.


2007. Outsourcing companies Exigen Services and StarSoft Development Labs announced merger

Exigen Services and StarSoft Development Labs have announced a merger. Exigen Services is an IT outsourcing provider in Latvia and Lithuania, while StarSoft is a custom software developer in Russia and Ukraine. Exigen Services has a production base in the European Union and significant experience in outsourcing and creating IT solutions for large corporations, while StarSoft has a strong position in the Russian labor market and successfully applies agile software development methodologies. The companies have been close for many years and have now decided to formalize their relationship. This was also facilitated by favorable market conditions: placing software development orders in Central and Eastern Europe is no longer a rarity, but rather a part of the strategy of many companies in the US and Western Europe. Consequently, the market requires large suppliers capable of solving complex and large-scale problems. It is expected that the combined company will be able to provide a wide range of services to leading American and Western European corporations from the Global 2000.


2006. Latvian IT company E-Pasaule implemented DocsVision at iLink

The project included a preliminary domain assessment, deployment and configuration of the DocsVision platform, and customization of standard applications in the Office Workflow and Process Management systems. DocsVision was used to implement procedures for processing various types of contracts at iLink: the system supports marketing contracts, network and internet contracts, technical support contracts, subscription services, communications contracts, and more. iLink creates and maintains networks and equipment, provides internet access and telecommunications solutions, develops and supports software, and provides consulting services for ERP system implementation. E-Pasaule, a Latvian IT company, is a DocsVision partner. DocsVision, together with E-Pasaule specialists, localized the DocsVision software platform into Latvian.


2006. Accenture opens outsourcing center in Latvia

Accenture has opened office in Riga. One of the goals of this move is to attract clients from Russia and other countries where business is primarily conducted in Russian. The new center is expected to be followed by offices of other Western companies in the Baltics. Accenture's Riga center, which opened in December, currently employs 150 people. They are primarily focused on providing various telecommunications and high-tech services to clients in Northern Europe. The bulk of its services are currently focused on international clients, including business process outsourcing and remote support. In addition to international clients, the center also welcomes orders from Latvian companies. Accenture management expects the center to grow rapidly, although they prefer not to disclose specific figures.