BLOG 2016 - OpusCapita

Dec 13 , 2016

Artificial intelligence has arrived in finance

by OpusCapita Digitalization, Trends and Technology, Payments and Financing

Robotic Process Automation (RPA) has begun to revolutionize knowledge work in finance and accounting by automating many routine tasks. But the real disruption is still ahead.

Dec 08 , 2016

e-Invoicing is no Longer Enough!

by Rowan Lemley e-Invoicing, Digitalization, e-Invoice receiving, e-Invoicing sending

After reading the Bruno Koch's report on e-invoicing, I’m a little disappointed. Not with the report, but with the incremental (some might say sluggish) growth of e-invoicing.

Dec 03 , 2016

Where is your delight?

by OpusCapita Point-of-view

Jonas Kjellberg, the former CEO of Skype, shared his inspiring insights and visions on digitalization and the disruptions ahead with OpusCapita customers.

Nov 29 , 2016

Getting the most out of invoice automation

by OpusCapita Accounts Payable Automation

Touchless invoice processing is a key objective for many corporations. But until now many have missed out on the true efficiency and control that comes from managing invoices

Nov 22 , 2016

Towards a successful digital business network – Step 5: A new era

by Heikki Pulli Buyer-Supplier Ecosystem, Digitalization, Business network

Even when a company has achieved its dream of 100% digitalization, it is unlikely that the situation will remain static. It is natural to change suppliers and get new customers.

Nov 16 , 2016

Accurate procurement means easier invoicing

by Tobias Wikström Procurement, Accounts Payable Automation

It’s no secret that the invoice handling process in best-in-class organizations operates like clockwork. But just how do they achieve this?

Nov 05 , 2016

We cannot accept a parallel financial system

by OpusCapita Point-of-view

Anders Borg, the former Swedish finance minister, says that "Uberization of the banking sector" is currently ongoing with virtual currencies and other digital phenomena.

Nov 04 , 2016

Towards a successful digital business network – Step 4: The target is 100% digitalization

by Heikki Pulli Buyer-Supplier Ecosystem, Digitalization, Business network

It is time to think about expanding the service to cover your entire business network and thus achieve the business benefits that were defined at the start.

Oct 28 , 2016

Valmet moved its GLOBAL PAYMENTS TO THE CLOUD

by OpusCapita Finance centralization, Cash Management, Global Bank Connectivity

A cloud-based payment solution with global bank connections is the new backbone for Valmet's harmonized payment management.

Oct 26 , 2016

IN FOCUS – Improving your invoice data quality

by Tobias Wikström Digitalization, Accounts Payable Automation

Developments in invoice processing have made the practice easier and faster than before, but have also made it more challenging for accounts payable to improve at the same pace.

Oct 21 , 2016

Brisk growth in E-invoicing and the 3 drivers accelerating it further

by Ahti Allikas e-Invoicing, Digitalization, e-Invoice receiving, e-Invoicing sending

Recently, the European E-invoicing Service Providers Association EESPA reported that over 1,25 billion electronic invoices were processed and delivered by its members last year.

Oct 18 , 2016

Toward a successful digital business network – Step 3: First practical measures

by Heikki Pulli Buyer-Supplier Ecosystem, Digitalization, Business network

The quickest achievable benefits provide a good starting point for practical measures. In the first stage, the measures should be limited to the five main ones.

Oct 17 , 2016

Four transformations in financial management

by Petri Karjalainen and Henri Wiik Digitalization, PEPPOL, Trends and Technology

The fourth industrial revolution is under way, and technology is advancing in leaps and bounds. Technological trends mean changes to companies’ purchasing and payment processes.

Oct 03 , 2016

Towards a successful digital business network – Step 2

by Heikki Pulli Buyer-Supplier Ecosystem, Digitalization, Business network

The next decision you need to make is which type of organization to use in the transformation to digital processes and which type of technology to use to enable digitalization.

Oct 02 , 2016

Why the cloud is winning

by OpusCapita Trends and Technology

With effortless information security and regular enhancements to software functionality, it’s easy to see why cloud-based software services are increasingly the first choice

Sep 21 , 2016

There are no revolutions - only leaps in evolution

by OpusCapita Digitalization, Point-of-view

“What people today call disruptive technology due to the rapid digital development I would rather regard as a leap in an ongoing evolution,” says Thimon de Jong.

Sep 20 , 2016

Purchasing, finance administration and financing require Cross-border cooperation

by OpusCapita Point-of-view, Procurement, Source-to-Pay

Many companies are taking a closer look at their purchase-to-pay processes. Supply chains are extending further and further, while optimal production costs are increasing.

Sep 19 , 2016

Towards a successful digital business network – Step 1

by Heikki Pulli Buyer-Supplier Ecosystem, Digitalization, Business network

I promised to discuss the five most important steps in creating a digital business network. The first one is to focus on planning and creating a model of what you want to achieve.

Sep 16 , 2016

Are you easy to do business with?

by Jesper Ritsmer Stormholt OpusCapita

What would you do if you could start your current business or company anew, right from the start? This is the question to ask now.

Sep 06 , 2016

Billentis Market Report: From e-invoicing towards broader digitization

by OpusCapita e-Invoicing, Digitalization, e-Invoice receiving, e-Invoicing sending

In 2016, the total volume of e-invoices will achieve 30 billion worldwide, estimates the global market research report on e-invoicing published by Billentis.

Sep 05 , 2016

Successful digital business networks in five steps

by Heikki Pulli Buyer-Supplier Ecosystem, Digitalization, Business network

There is no denying that summer is over. In the fall cranes migrate to better climate zones. Businesses could actually learn a great deal from wedges of cranes.

Aug 29 , 2016

Is your cash outflow safe from harm?

by OpusCapita Payment Fraud Prevention, Payments and Financing

Company loses tens of thousands to fraud. Stories like this have recently hit the headlines as cyber scams continue to spread around the globe.

Aug 11 , 2016

PEPPOL will change the game in e-invoicing

by Ahti Allikas e-Invoicing, Buyer-Supplier Ecosystem, PEPPOL, e-Invoice receiving, e-Invoicing sending

Are you keen on e-invoicing? If yes, then PEPPOL (Pan-European Public Procurement Online) probably is on your radar screen already. If it is not, I suggest that you look into it.

Aug 08 , 2016

The view from the top

by OpusCapita Procurement, Source-to-Pay

Redefining purchase-to-pay into an integrated, automated and digital process expands horizons for corporate CFOs and CPOs, both of whom are reaching for control and compliance.

Jul 10 , 2016

Effortless electronic exchange is the key

by OpusCapita e-Invoicing, PEPPOL, e-Invoice receiving, e-Invoicing sending

What are the key benefits of the PEPPOL network? How will PEPPOL advance in the coming years? OpusCapita Journal had a brief Q&A with experts in the area to find out!

Jul 02 , 2016

Ecosystems are the new black

by OpusCapita Buyer-Supplier Ecosystem, Digitalization, Business network

We all know ecosystems. Most of us, or the women at least, also know the little black dress. Connecting these two is not as far-fetched as you might first think.

Jun 26 , 2016

OpusCapita expanding purchase-to-pay capabilities

by OpusCapita OpusCapita, Procurement

Believe me when I say: Strategy work can generate real surprises! The main purpose of every strategy renewal is to set the direction for future succes.

Jun 15 , 2016

5 tips for a safer AP Process

by OpusCapita Payment Fraud Prevention, Payments and Financing, Accounts Payable Automation

Accounts Payable (AP) is one of the most attractive business processes for fraudsters to target. Get in control of what happens in your AP with these 5 tips!

May 27 , 2016

Wanted: new talents and the cross-functional approach

by OpusCapita Point-of-view, Procurement

What are the biggest challenges that the procurement functions of international corporations need to be prepared to mitigate? A specialist in this area, Daniel Weise, answers.

May 23 , 2016

Procurement departments must be prepared for constant fire-fighting

by OpusCapita

The world has been highly dynamic and volatile over the last decade. Procurement departments must be prepared for constant fire-fighting.

May 19 , 2016

OpusCapita at Treasury & Cash 2016

by OpusCapita Finance centralization, Point-of-view, Cash Management

Cash management centralization, new technologies and the future role of treasury function were the hot topics in an expert panel discussion at the Treasury & Cash 2016 event.

Apr 13 , 2016

Janeka Rauva, CFO, Tallink Silja Oy: Steering the finance function from back to front

by OpusCapita Point-of-view

The CFO has become a manager of change. The entire finance department needs a change of attitude in order to shake off the traditional back office role!

Mar 18 , 2016

Speeding up e-invoicing

by OpusCapita e-Invoicing, PEPPOL, e-Invoice receiving, e-Invoicing sending

The two major associations promoting electronic invoicing in Europe, EESPA (European E-invoicing Service Providers Association) and OpenPEPPOL, have joined forces.

Mar 11 , 2016

Why bank connectivity as a service wins over the traditional software approach

by Jukka Sallinen Finance centralization, Cash Management, Global Bank Connectivity

You can’t be in business without having a relationship with at least one bank. Every corporate has had to solve their bank connectivity somehow.

Mar 11 , 2016

How to adapt to the transformation of work

by OpusCapita Point-of-view

The industrial age ideal where people are the experts in one field is soon to be replaced by expertise in two or three fields. What does it mean for individuals and corporates?

Feb 26 , 2016

Will 2016 be the year the paper invoice becomes unnecessary?

by Tobias Wikström e-Invoicing, Digitalization, e-Invoice receiving, e-Invoicing sending

Did you make any New Year’s resolutions this year? No? Then maybe I can make a suggestion: perhaps you should decide to stop receiving paper invoices.

Feb 22 , 2016

What’s on top of the CPOs’ mind? Top 5 takeaways from the Nordic Strategy Forum

by Martin Casserdahl Procurement, Trends and Technology

I and some fellow opuscapitans participated in the Nordic Strategy Forum CPO in Riga. I thought I would share with you my key takeaways from the event.

Jan 06 , 2016

Companies struggle to understand the phenomenon of networking

by OpusCapita Point-of-view

The gap between companies that are already utilizing the new opportunities and those that are only thinking about their digital strategies is growing all the time.

Jan 04 , 2016

A perfect match

by OpusCapita OpusCapita

Recently OpusCapita sharpened its strategic focus, and announced its ambition to become a leader in the global buyer-supplier ecosystem.