Merit Aktiva is an online accounting program for entrepreneurs and accountants, developed by Merit Tarkvara AS in Estonia. It is delivered as a cloud service and can be used from a browser on computers, phones and tablets, and users can share their data online with colleagues. The product is aimed at the accounting of small and medium-sized businesses, and the company also sells a separate payroll program.
Merit Tarkvara AS is registered in Estonia, so the vendor is established in the EU. The product page states that data is stored safely in the cloud with bank-level security, but it names neither the data centres nor the cloud provider and does not describe the data protection framework. The privacy statement is linked from the website but was not read for this text. The software is not open source. A European organisation should confirm the hosting location and the processing terms before storing personal data in the service.