The global impact of Covid-19 on source-to-pay
In 2020, everything changed! The global impact of Covid-19 changed the game and we are still learning about the new rules.
Read more
In 2020, everything changed! The global impact of Covid-19 changed the game and we are still learning about the new rules.
Read more
June 2020 - OpusCapita hosts a 3-day virtual event on how source-to-pay has become business critical in these exceptional times.
Read more
OpusCapita announces that Robert Saenger joins OpusCapita as Head of Source-To-Pay (S2P). Robert will also become Managing Director for OpusCapita Solutions Germany.
Read more
Robert Saenger Robert has been working in the Source-to-Pay field for over 20 years and joined OpusCapita from SynerTrade SES AG. He cares deeply about creating great products that are not only aligned with the corporate strategy but are designed to create superior experiences for customers creating added value to their business processes and helping them to digitalize their global trade. The content of this page may not show correctly if you’ve denied cookies (bottom left corner). You can also contact us at go.opuscapita.com/contact-sales
Read more
Øivind joined OpusCapita in September 2020. He comes with an extensive industry background. Øivind has previously had the role as division manager in EVRY and as CEO for Visma Unique, Fara, and Accountor Norway. Øivind is passionate about helping organizations achieve their company goals by digitalizing their source-to-pay and accounts payable processes.
Read more
Information, documents and updates on data privacy and how OpusCapita is compliant with the EU General Data Protection Regulation (GDPR).
Read more
The relationships between buyer and supplier organizations are evolving as digital business networks develop.
Read more
Bringing more spend under management is a priority for the Chief Procurement Officers. Let's see why the metric matters for the CFO, too.
Read more
We decided that there is no better way to cover this topic than to get together with our CEO, Øivind Kirksæter for a short interview.
Read more
Can you explain the differences between sourcing, purchasing, and procuring to pay? With confidence? If not, well, you are not alone.
Read more
Øivind Kirksæter was appointed as OpusCapita's Chief Executive Officer in Sept 2020. "Øivind has deep experience leading technology-focused businesses to achieve their full potential."
Read more
OpusCapita Separates Its Cash Management Segment from Source-to-PayNew Providence Strategic Growth-owned Company Becomes Owner of the Cash Management Business SegmentThe New Company Acquires Analyste to Create a Nordic Forerunner in Cash Management SolutionsAnalyste’s Current Main Owner Verdane Becomes a Minority Owner of the New Company, Along with Operative Management Helsinki – 29. June 2020: OpusCapita Solutions Oy ("OpusCapita"), a Finnish provider of digital solutions and transactions processing technology for businesses, today announced that its owner, Providence Strategic Growth ("PSG"), the growth equity affiliate of premier global asset management firm Providence Equity Partners ("Providence"), has entered into a definitive agreement with Analyste International Oy ("Analyste"), a Finnish specialist in the provision of cash management and treasury solutions, whereby a new company, which will own OpusCapita’s Cash Management business segment, will acquire the Analyste platform to create a leading pure-play cash management solutions service (the "NewCo") in the Nordics. Financial terms were not disclosed. Pursuant to the agreement, OpusCapita has obtained the regulatory approvals required to separate the Cash Management business from the Source-to-Pay segment. PSG, the sole shareholder in OpusCapita, will own a majority stake in the NewCo, and Verdane – a Northern European growth equity investor and Analyste’s primary sponsor – will own a minority stake alongside the companies’ management teams. The NewCo will provide SaaS solutions that drive efficiency through process automation for approximately 2,300 customers in the SMB, enterprise, and public segments operating in more than 100 countries. With the help of these solutions, customers will be able to improve cash visibility and forecasting, streamline processes, and enforce robust governance. Importantly, this combination will accelerate the innovation of new services to enhance customers’ and employees’ experiences. The new group will have the resources to address the international cash management market and be better positioned to address customers’ increasingly complex cash-related issues. The NewCo will have over 140 employees located primarily in the Helsinki area and Tampere in Finland, as well as in Stockholm, Sweden, Toruń, Poland, and Chandigarh, India. Mikko Soirola, the incoming CEO of the NewCo and current CEO of Analyste, said: "We are excited to join forces with OpusCapita’s Cash Management team and look forward to working together to create an international powerhouse in cash management solutions. Our combination provides us the scale, talent and operational efficiencies necessary to innovate and deliver a superior proposition to our customers, whose evolving business objectives require more sophisticated solutions." Jukka Sallinen, the incoming Deputy CEO of the NewCo and current Head of Cash Management at OpusCapita, added: "The volume and breadth of financial data processed today create great scope for innovation and we are confident our combination places us in a strong position to deliver a better SaaS offering. We look forward to leveraging our combined capabilities to serve our customers, employees, and other stakeholders." The transaction is expected to close before the end of July 2020. About Analyste Analyste offers cash management & treasury solutions to small, medium-sized and large enterprises, globally. The company’s extensive experience and long-established Nordic tradition of excellence is supported by a wide range of modular, on-demand, plug & play solutions tailored to meet individual business needs. About OpusCapita OpusCapita enables organizations to buy and pay quickly and securely, with a real-time view of their business. Our customers use our source-to-pay and cash management to connect, transact and grow. OpusCapita processes hundreds of millions of electronic transactions annually on our Business Network. About Providence Strategic Growth Providence Strategic Growth ("PSG") is an affiliate of Providence Equity Partners ("Providence"). Established in 2014, PSG focuses on growth equity investments in lower middle market software and technology-enabled service companies. Providence is a premier global asset management firm that pioneered a sector-focused approach to private equity investing with the vision that a dedicated team of industry experts could build exceptional companies of enduring value. Since the firm’s inception in 1989, Providence has invested in more than 200 companies and is a leading equity investment firm focused on the media, communications, education and information industries. PSG is headquartered in Boston, MA, with offices in London and Kansas City. For more information on PSG, please visit https://www.provequity.com/private-equity/psg, and for more information on Providence, please visit https://www.provequity.com. About Verdane Verdane is a specialist growth equity investment firm that partners with ambitious Northern European tech-enabled businesses to help them reach the next stage of international growth. Verdane pioneered portfolio acquisitions in Northern Europe in 2003, and announced a complementary fund strategy entirely dedicated to direct investments in 2018. Verdane’s eight funds hold €1.8bn in total commitments and have made over 120 investments in growth sectors including advanced industry, consumer internet, energy & resource efficiency and software. Category leaders backed by Verdane include Desenio, EasyPark, Farmasiet, MatHem and momox. Verdane’s more than 50 employees, based in Berlin, Copenhagen, Helsinki, London, Oslo and Stockholm, are dedicated to being the best growth partner in Northern Europe. www.verdane.com.
Read more
Sept 2019 - EURINV project aims to upgrade e-invoicing solutions from given EDI providers to comply with the European Standard (EN) on e-invoicing.
Read more
Aug 2019 - OpusCapita has signed an agreement with Peab for implementing a company-wide eProcurement solution. The solution will allow Peab to optimize all their purchasing for the company's four business units.
Read more
Apr 2019 - OpusCapita Solutions announces that it has successfully transitioned to a new owner, Providence Equity.
Read more
March 2019 - Posti Group Corporation has agreed to sell OpusCapita to Providence Equity Partners.
Read more
OpusCapita to deliver a one-stop-shop solution, enabling Equinor requisitioners to order maintenance parts, and indirect materials and services.
Read more
E-invoicing opens the door to digital supply chains and business networks, boosts processes, overcomes isolated systems and breaks the silos.
Read more
Quality catalog content in e-procurement is not great just because the pictures look good. Procurement systems rely on high-quality data
Read more
Streamlining procurement processes with segmented main categories and support for e-catalogs and e-orders built competitive advantage.
Read more