Blog about financial processes

January 22, 2019

The struggle to create a ‘digital business’ and why we fail

by Rowan Lemley Digitalization, Industry Trends and Technology, Point-of-View, Procurement Trends, Source-to-Pay

According to recent reporting, most CFO/CIOs are on the path of digital transformation - but the majority fail to achieve their ambitions. Why?

May 24, 2018

Why Has the Digitalization of B2B Trade Not Gone All the Way?

by Esko Penttinen and Petri Karjalainen Buyer-Supplier Ecosystem, Digitalization, Point-of-View, Source-to-Pay, Business Network

Especially in the Nordics, e-invoicing has already become business-as-usual in the B2B trade. The digitalization has not extended to corporate purchasing and ordering. Why not?

May 16, 2018

The New OpusCapita Is a Provider to Know

by Patrik Sallner Industry Trends and Technology, Point-of-View, OpusCapita, Source-to-Pay

Do you know the new OpusCapita? In this blog, CEO Patrik Sallner shares his views on the recent transformation of the company and discusses why OpusCapita is a Provider to Know.

April 10, 2018

GDPR Is Coming - Are We Ready?

by Perttu Pessa Industry Trends and Technology, Point-of-View

When GDPR takes effect, companies need to comply with stricter data privacy rules. Here’s how OpusCapita has prepared for GDPR and how we support our customers in the effort.

October 13, 2017

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

by Pete Loughlin Digitalization, Industry Trends and Technology, Point-of-View, Procurement Trends, Source-to-Pay, E-procurement

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!

June 03, 2017

Procurement Goes Together with Finance

by OpusCapita Point-of-View, Procurement Trends, 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.

May 29, 2017

Zalando Is Rethinking Retail in a Fashion Ecosystem

by OpusCapita Digitalization, 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."

March 10, 2017

Machine Learning at Heart

by OpusCapita Payment Fraud Prevention, Industry Trends and Technology, Point-of-View, Cash Management, Payments and Financing

“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.”

February 16, 2017

Blockchain Technology Is Now Developing Beyond the Hype

by OpusCapita Industry Trends and Technology, Point-of-View

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?

December 13, 2016

Artificial Intelligence Has Arrived in Finance

by OpusCapita Digitalization, Industry Trends and Technology, Point-of-View, 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.

December 03, 2016

Where Is Your Delight?

by OpusCapita Digitalization, 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.

November 05, 2016

Anders Borg: "We Cannot Accept a Parallel Financial System"

by OpusCapita Digitalization, 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.

October 02, 2016

Why the Cloud Is Winning

by OpusCapita Industry Trends and Technology, Point-of-View, Cash Management, E-procurement, Invoice Process Automation, Product Information Management (PIM)

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.

September 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.

September 20, 2016

Purchasing, Finance Administration and Treasury Require Cross-Border Cooperation

by OpusCapita Point-of-View, Procurement Trends, Source-to-Pay

Developing purchasing, payment and cash management functions requires cross-border collaboration and systems, interfaces and automation. We tuned in for an expert panel discussion

July 02, 2016

Ecosystems Are the New Black

by OpusCapita Buyer-Supplier Ecosystem, Digitalization, Point-of-View, Source-to-Pay, 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.

June 06, 2016

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

by OpusCapita Treasury Optimization, Finance Centralization, Industry Trends and Technology, Point-of-View, 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.

May 27, 2016

Wanted: New Talents and the Cross-Functional Approach

by OpusCapita Point-of-View, Procurement Trends

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 19, 2016

Toward the Digital Disruption in Cash Management

by OpusCapita Finance Centralization, Industry Trends and Technology, 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.

April 13, 2016

Steering the Finance Function from Back to Front

by OpusCapita Finance Centralization, Industry Trends and Technology, 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!

January 06, 2016

Companies Struggle to Understand the Phenomenon of Networking

by OpusCapita Digitalization, Industry Trends and Technology, 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.

November 17, 2015

Time to Speed up Digitalization!

by OpusCapita Digitalization, Point-of-View

“Digitalization is a huge opportunity and is actually the only opportunity for Europe," says Esko Aho, former prime minister of Finland. Read more on his views in this interview.

October 13, 2015

Technologists and Economists Have to Come Together

by OpusCapita Digitalization, Point-of-View

Sweden’s former prime minister Anders Borg, shares his views on globalization and the situation where the ideas from science fiction are becoming business reality.

September 08, 2015

Security Is Your Best Business Ally

by OpusCapita Industry Trends and Technology, Point-of-View

The expansion of the digital world into all areas of life makes security critical. Security will be a significant competitive advantage, says Jarno Limnéll, an expert in the area.

August 05, 2015

Less Pressure, More Capital

by OpusCapita Treasury Optimization, Finance Centralization, Point-of-View

With historic low interest rates, is it worthwhile to bear the expense of making working capital available? Desirée Backhaus sheds light on the situation.

July 01, 2015

Greetings from a Customer Experience Guru: Go Below the Surface

by OpusCapita Industry Trends and Technology, Point-of-View

A good user experience, in itself, is a new brand value creating a new type of customer loyalty. But nice and pretty alone won't cut it.