BLOG 2017 - OpusCapita

Dec 15 , 2017

5 concrete tips for preventing payment fraud

by Jukka Sallinen Payment Fraud Prevention, Cash Management, Payments and Financing

It is the eleventh hour to start focusing on the safety of your payment process if you want to avoid financial damage. Here are 5 actionable tips for preventing payment fraud.

Dec 06 , 2017

Regtech is about to change the way companies work - here's why

by Xpenditure Travel and Expense Management

Thanks to years of digital innovations, it's now easier than ever to start a globally operating business from the comfort of your couch.

Dec 04 , 2017

How to manage per diems in the most swift and easy way

by Xpenditure Travel and Expense Management

In this two part blog series, we’ll show you how to embrace per diems and get rid of their pains.

Dec 01 , 2017

Do More with Your Xpenditure App

by Xpenditure Travel and Expense Management

Expense management might not be the sexiest topic within your company, but having your expense management system on point can save you a lot of time and money.

Nov 23 , 2017

The secret to reducing costs while increasing productivity

by Xpenditure Travel and Expense Management

Many companies struggle to find the right balance between reducing costs and growing their business. For some, it seems like an impossible equation, for others it's a challenge.

Nov 20 , 2017

How blockchain technology is changing trade financing

by Petri Karjalainen Trends and Technology, Working Capital Optimization, Payments and Financing

Over the past few years, blockchain technology has been declared to transform a number of different financial and business processes. How will it transform trade financing?

Oct 13 , 2017

Costs in One Bucket, Benefits in Another? This Is How P2P Works to Remove Silos

by Pete Loughlin Digitalization, Point-of-view, Post-Invoice Economy, Source-to-Pay, eProcurement

Siloed thinking in P2P prevents businesses from doing the right things. Read Pete Loughlin’s guest blog and find out how the new business paradigm will change the situation!

Sep 27 , 2017

Is 29% growth in e-invoicing enough for Europe?

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

1.6 billion e-invoices. The figure from EESPA confirms that e-invoicing continues to make headway in Europe, showing increase of 29% on previous year’s volumes. But is it enough?

Sep 26 , 2017

3 trends shaping blockchain over the next 12 months

by Adam Tamburello Trends and Technology

There’s been a lot of hype and an enormous investor interest around blockchain over the last few years. But what does all of this mean for the technology in the near future?

Sep 13 , 2017

Are you ready for the Post-Invoice Economy and the future of Source-to-Pay?

by Rowan Lemley Post-Invoice Economy, Procurement

In the post-invoice economy, source-to-pay and cash management will become key value drivers for an organization. A new way of thinking is needed to stay competitive.

Sep 04 , 2017

How CPOs see the future? Highlights from the ProcureCon Report

by Rowan Lemley Digitalization, Procurement, Trends and Technology

100 procurement leaders shared their views on the future of procurement in the ProcureCon survey. Here’s why you should be interested in their answers.

Jul 30 , 2017

Smooth and compliant procurement of a million spare parts captures savings on the bottom line

by OpusCapita Procurement, Source-to-Pay, eProcurement

Ramirent struggled to capture the negotiated savings on the bottom line. To close the gap between sourcing and spending, they chose to implement OpusCapita’s eProcurement system.

Jul 06 , 2017

How Well Do You Sleep at Night? Are Your Global Cash Flows Safe From Cybercrime and Fraud?

by Jukka Sallinen Working Capital Optimization, Cash Management, Payments and Financing

Despite all the recent talk concerning cybercrime and fraud, surprisingly many corporates are still unaware of the risks, or strikingly unprepared to mitigate these risks.

Jun 30 , 2017

How Much Revenue are You Losing to Payment Fraud?

by Adam Tamburello Payment Fraud Prevention, Payments and Financing

Payment fraud is an ever increasing part of doing business and though we are all aware that it is occurring, we often do not understand the size and scale of the problem.

Jun 09 , 2017

Boost your return on capital employed with supply chain finance

by Jos Groen Working Capital Optimization, Payments and Financing

When analyzing financials of large Nordic companies I often see Return on Capital Employed (ROCE) included in their financial targets.

Jun 03 , 2017

Procurement goes together with finance

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

What do procurement and finance need from each other? CFO of Lassila & Tikanoja, Timo Leinonen and Head of Purchasing at Outotec, Pekka Heikkilä discuss the topic.

Jun 01 , 2017

The State of eProcurement in 2017

by Rowan Lemley Procurement, eProcurement

In the following blog post I’ll try to summarize my thinking on the recent report produced by SSON and OpusCapita titled Indirect Procurement: 2017 Market Report.

May 29 , 2017

Zalando is rethinking retail in a fashion ecosystem

by OpusCapita Point-of-view

Kenneth Melchior, Head of Nordics at Zalando, shares his take on evolving ecosystems. “In an ecosystem, we can grow faster and create growth for other players in the industry."

May 05 , 2017

Hands-free Procurement

by Rowan Lemley Procurement, eProcurement

Web-based procurement (or eProcurement) was originally seen first and foremost as a better way to order catalog products than with older desktop-based procurement systems.

May 04 , 2017

Toward 100% digital business networks

by OpusCapita Buyer-Supplier Ecosystem, Digitalization, PEPPOL, Business network

A 100 percent digital business-to-business network: utopia? Not at all! Organizations can already embark on the journey toward entirely digital selling, buying, and paying.

Apr 30 , 2017

Procurement takes the lead in building the P2P value chain

by OpusCapita Digitalization, Procurement, Source-to-Pay, eProcurement

Procurement function is uniquely positioned to raise the game for the whole organization. It is time to put the emphasis on the first P in the purchase-to-pay chain!

Apr 24 , 2017

PSD2 speeds up digitalization in cash management

by Jukka Sallinen Trends and Technology, Cash Management

In less than 300 days, EU member states need to have implemented the Revised Payment Services Directive (PSD2) into their legislation. Change in the financial industry is evident.

Apr 19 , 2017

Smarter Procurement in MRO

by Rowan Lemley Procurement, eProcurement

MRO management is a balancing act that demands a modern procurement platform with workflow automation. It’s about allocating and managing resources as efficiently as possible.

Mar 29 , 2017

Modern procurement systems bring simplicity to complex business environments

by Rowan Lemley Procurement, eProcurement

When operations are demanding and time is of the essence, an effective procurement process should bring simplicity and peace of mind.

Mar 23 , 2017

Supply Chain Finance: Ready to get into the driver’s seat?

by Tuomas Unhola Working Capital Optimization, Payments and Financing

There is a Finnish saying that if you try and steer your car forward by looking into the rear view mirror, you’ll probably encounter some unintended off-road terrain.

Mar 21 , 2017

B2B Procurement: Shopping that won’t exhaust you

by Rowan Lemley Procurement, eProcurement

I bet all of you have either been or seen that guy in a department store, sitting on the courtesy couch (love that couch!) near the changing rooms waiting for his wife.

Mar 10 , 2017

Machine learning at heart

by OpusCapita Trends and Technology, Cash Management

“Machine learning is the most challenging and also the most rewarding part of artificial intelligence – it is the part which truly makes a machine intelligent and adaptable.”

Mar 09 , 2017

PEPPOL reaches europe: join the growing network!

by Heikki Pulli e-Invoicing, PEPPOL, e-Invoice receiving, Business network

The PEPPOL network is expanding rapidly in different parts of Europe. If you are not yet familiar with this acronym, I encourage you to take a closer look.

Mar 06 , 2017

Concrete steps for fraud prevention in your organization - Five measures you can take right now

by Karl-Henrik Sundberg Payment Fraud Prevention, Cash Management, Payments and Financing

The key to fighting of cyber attacks lies within careful combining technological and human measures. It all starts with a strong corporate culture.

Feb 28 , 2017

C-level fraud or when you are asked to make this money transfer asap! A look at common forms of cyber fraud

by Karl-Henrik Sundberg Payment Fraud Prevention, Cash Management, Payments and Financing

Please make this money transfer fast! This or similar might be the start of an email that brings us directly into one of fastest growing forms of cyber fraud, namely CEO fraud.

Feb 24 , 2017

Six good reasons to invest in electronic procurement right now

by Rowan Lemley Digitalization, Procurement, eProcurement

Digital transformation is the talk of the town, or should we say industry. Left and right you read about it, and you hear that if you ignore it your business is doomed to fail.

Feb 16 , 2017

Blockchain technology is now developing beyond the hype

by OpusCapita Post-Invoice Economy, Trends and Technology

Blockchain has inevitably crossed your radar screen by now. But what is actually behind the buzz about the most disruptive technology since the invention of the internet?

Jan 19 , 2017

Blockchain for business

by OpusCapita Trends and Technology

Blockchain technology should be used just for the sake of it - only if it actually brings added value compared to the use of more traditional technologies.

Jun 06 , 2016

Cash Visibility Is the Key to a Treasurer’s Peace of Mind

by OpusCapita Point-of-view, Trends and Technology, Cash Management, Liquidity Management

Improving cash visibility is high on the agenda of many treasurers and cash managers, who too often find themselves struggling to see the whole picture of group liquidity.