OpusCapita helps organizations sell, buy and pay more effectively by providing them with extended purchase-to-pay and order-to-cash solutions. With 600 million transactions processed annually by over 8,000 customers across more than 100 countries, we have created a global ecosystem where buyers, suppliers, banks and other parties connect, transact and grow. Together with our customers, OpusCapita is transforming sales, procurement and financial processes for the digital age.
In 2016, OpusCapita’s net sales were EUR 240 million and employed 2,000 professionals. Founded in 1984, OpusCapita is headquartered in Helsinki, Finland. OpusCapita is a fully owned subsidiary of Posti Group Corporation.
Our promise is to deliver control, compliance and cost-savings to our customers by transforming purchase to pay and cash management for the digital age.
We are well placed to make this promise. Over the past 30 years, we have helped thousands of customers transform their financial and document processes from manual and paper-based into automated and digital, to improve their business.
As a company, we have taken a series of determined steps to turn what started out as a document handling and printing service into today’s OpusCapita, the expert at digital transformation within our domain. Our growth is based both on our own continuous development of services and software, and on well-advised mergers and acquisitions. Today, OpusCapita can deliver an offering which covers digitizing and automating purchasing, invoice handling and payments, as well as cash management and supplier financing.
What makes our offering unique even on a global scale is that we can provide corporates at different stages of the digital transformation with solutions that improve their performance – both those with highly-digitalized processes to begin with and those whose processes are still a mixture of manual and digital.
After first offering corporate customers printing services for outgoing invoices to improve the handling and controlling of the paper documents, we soon expanded the service to scanning and saving incoming invoices and related documents for our customers.
At the same time, we started to lead our customers to the core of digitalization and began development work that later resulted in the pivotal electronic banking software. This solution paved our status among the builders of the digital and automated payments ecosystem that the global businesses enjoy today.
In the 90s, the global trend was to improve efficiency by centralizing processes. As the expert on financial processes as well as on the state-of-art technologies we developed, among others, complex centralized payment solutions for our customers' shared service centers.
We also broadened our offering to Electronic Data Exchange (EDI) and electronic invoicing, and provided our customers with a pioneering multi-channel service for sending and receiving invoices in different formats. This path led us to become one of Europe’s leading e-invoicing operators, as measured by the number of transactions.
Electronic invoices opened a natural way to support our customers’ operations by taking more responsibility for their accounts receivables and accounts payables processes. It was through these developments that we became a fully-fledged financial and payroll outsourcing partner.
The development of the specialized financial software resulted in a versatile offering that ultimately provides cash flow automation and cash management. We also developed flexible delivery models, such as cloud-based services.
A new example of our passion for improving things further is the development of software robotics – a solution which brings the financial processes' cost-efficiency and convenience to yet another level. We constantly study new technologies such as artificial intelligence and machine learning for new innovations.
We see that in the dynamic global environment, businesses’ success and survival today and tomorrow is highly dependent on how effectively they collaborate and compete within their own supply chain, their industry and their wider economy – the B2B ecosystem. To be successful, businesses need to engage effectively with the new digital infrastructure, they need to trade electronically and they need to automate and optimize business processes to be able to benefit from the fruits of the real-time, digital economy: efficiency, security, control and transparency.
Globally, we offer products and services for purchase-to-pay, cash management and financing solutions in order to provide you with visibility, control and compliance of your spend and cash flow. In addition, for select markets, we offer products and services for order-to-cash, document process automation and finance and accounting solutions
And we are fully prepared for our next move. We will continue to play an active and innovative role in the emerging digital real-time economy. With a vision of a true end-to-end purchasing and payments process, OpusCapita aims to drive a disruptive change to automate transactions between businesses, making buying and paying easier in B2B commerce – as digitized and effortless as it already is in the B2C market.
To realize our vision, we will globalize our cumulative experience and expertise for the broader buyer-supplier ecosystem, combining the global services we have in purchase-to-pay, cash management and financing solutions, as well as our local solutions in order-to-cash, document process automation and finance and accounting to offer our customers a seamless solution to facilitate transactions and related information across the world.
In 2013, the company changed its name to OpusCapita and the previous name, Itella Information, was left behind. The name OpusCapita comes from the pioneering electronic payments and cash flow automation solutions’ provider, who started their operations in the 1980s and joined Itella Information through an acquisition in 2011.