a3ERP is a Spanish ERP system for small and medium-sized businesses, developed by Wolters Kluwer's a3 Software. It combines accounting and financial management, invoicing, purchasing and sales, warehouse and stock, CRM and, through a3nom, payroll. The system supports Spanish tax rules, such as electronic invoicing (VeriFACTU, Facturae) and tax filings. One source describes it as suitable only for the Spanish market. a3ERP is available as a cloud service on Wolters Kluwer's infrastructure, with automatic updates, or as a local installation on the customer's own server.
Wolters Kluwer is a Dutch company headquartered in Alphen aan den Rijn and listed on Euronext Amsterdam. Both the vendor and its parent are therefore in the EU. The sources consulted do not say exactly where the cloud environment is hosted, so settle this in the contract. With a local installation you decide where the data is stored. The product is not open source.