Major software robotics implementation to the Norwegian Government Agency DFØ
30-07-2017The solution is among the first implementations of RPA technology in the Norwegian public sector.
How Well Do You Sleep at Night? Are Your Global Cash Flows Safe From Fraud?
06-07-2017Despite all the recent talk concerning cybercrime and fraud, surprisingly many corporates are still unaware of the risks, or strikingly unprepared to mitigate these risks.
Procurement goes together with finance!
03-07-2017What 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.
How Much Revenue are You Losing to Payment Fraud?
30-06-2017Payment 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.
OpusCapita to outsource its digitizing production in Sweden, Norway and Poland
26-06-2017OpusCapita has formed a global digitizing partnership with US-based BancTec, a global provider of enterprise information management and transaction processing solutions.
OpusCapita to acquire Swiss e-invoicing portal Billexco
21-06-2017OpusCapita continues to strengthen its buyer-supplier network and expand its geographical reach in the DACH region by acquiring Swiss e-invoicing portal Billexco AG.
Areas at high risk of payment fraud
Are you part of the 73% of companies who experienced payment fraud in 2015? Understanding the areas most at risk is the first step.
Boost your return on capital employed with supply chain finance
09-06-2017When analyzing financials of large Nordic companies I often see Return on Capital Employed (ROCE) included in their financial targets.
Indirect procurement creates real challenges for most organizations
07-06-2017OpusCapita’s European wide study digs into the current status of eProcurement.
Cash Visibility Is the Key to a Treasurer’s Peace of Mind
06-06-2017Improving 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.
The State of eProcurement in 2017
01-06-2017In 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.
OpusCapita receives SWIFT Corporate Cash Management label for the 3rd time
25-05-2017OpusCapita's cloud-based cash management solution has been awarded with the 2017 SWIFT Certified Application Corporate Cash Management label for the third consecutive year.
Reduce payment fraud by using our fraud risk assessment tool
Reduce the risk of fraud by understanding who has access to your payments at each stage of the process.
The Global Billentis Market Report: 36 billion electronic invoices worldwide
18-05-2017The digital transformation is no longer an option, it is an imperative. The growing volumes of electronic invoices are rapidly changing the market and require proactive actions.
Billentis market report 2017
The focus is shifting from e-invoicing to digital transformation of business processes. The Billentis Report 2017 gives insight to the trends in the e-invoicing market.
The Size of Payment Fraud
Payment fraud is an increasing risk within the corporate sector and is becoming a growing priority for Corporate Treasurers.
Reduce the risk of payment fraud
With nearly $3 billion dollars lost to Business Email Compromise attacks since 2013, creating a secure payment process is now a priority for global Treasury departments.
Fresh insights on financial and procurement processes in the digital age
08-05-2017What defines modern procurement, and how does an end-to-end approach to purchase-to-pay enable financial and operational excellence for the whole organization?
05-05-2017Web-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.
eSign - your key to the paperless document processes
25-04-2017Have you already found out how to take the most out of digitalization? Perhaps you have already set a goal to make your office and customer related processes paper free?
PSD2 speeds up digitalization in cash management
24-04-2017In 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.
Smarter Procurement in MRO
19-04-2017MRO 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.
Indirect Procurement: 2017 Market Report
Indirect procurement lags behind the efficiencies gained by other financial processes. This report reveals the greatest gaps - and opportunities.
ESV signs a new government framework agreement with OpusCapita
12-04-2017The Swedish National Financial Management Authority (ESV) has signed a new government framework agreement with OpusCapita for the management and distribution of invoices.
Modern procurement systems bring simplicity to complex business environment
29-03-2017When operations are demanding and time is of the essence, an effective procurement process should bring simplicity and peace of mind.
Supply Chain Finance: Ready to get into the driver’s seat?
23-03-2017There 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.
B2B Procurement: Shopping that won’t exhaust you
21-03-2017I 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.
Billentis market report 2016
According to the global market research report on e-invoicing published by Billentis, a new era of digitization and automation lies ahead.
Robotic Process Automation and Artificial Intelligence Survey 2016
Interest in Robotic Process Automation (RPA) and Artificial Intelligence (AI) is apparent. We asked 70 companies about their awareness of and intentions to implement RPA and AI.
5 reasons to consider hiring a consultant
15-03-2017There’s an HBO drama called ‘House of Lies’. The series is entertaining, but plays on many of the negative stereotypes that prevail about management consultants.
OpusCapita takes government agencies and institutes to the European PEPPOL
10-03-2017Government agencies and institutes in Finland have joined the European PEPPOL network for electronic invoicing through an Access Point provided by OpusCapita.
PEPPOL reaches europe: join the growing network!
09-03-2017The 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.
Concrete steps for fraud prevention in your organization
06-03-2017The key to fighting of cyber attacks lies within careful combining technological and human measures. It all starts with a strong corporate culture.
ProcureCon 2016 - Changing views on Purchase-to-Pay processes
How do executives at the top procurement departments in Europe respond to the new challenges in the digitized and networked economy? The ProcureCon 2016 Report provides insights.
When you are asked to make this money transfer - A look at forms of cyber fraud
28-02-2017Please 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.
Six good reasons to invest in electronic procurement right now
24-02-2017Digital 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.
Are your document management practices outdated?
16-01-2017Having worked with various types of companies for years, I have noticed that companies manage their documents in a surprisingly decentralized manner.
The fashionable ecosystem
13-01-2017"What does digitalization mean for our industry? What about the fact that people are always online with their smartphones?”
The 5 major costs of poor document management
20-12-2016Managing electronic documents incorrectly can cause your company a number of problems, the most serious of which is that you may even be breaking the law.
Blockchain builds trust
16-12-2016Blockchain has repeatedly been described as one of the most disruptive technologies of our time, having the potential to completely transform the banking and financing industry.
Artificial intelligence has arrived in finance
13-12-2016Robotic 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.
e-Invoicing is no Longer Enough!
08-12-2016After 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.
OpusCapita joins project to create a Blockchain-based e-invoicing registry
01-12-2016Finland and the other Nordic countries are world leaders in the digitalization of invoice traffic between companies. Worldwide, the market penetration of B2B e-invoices is 10%.
Towards a successful digital business network - Step 5
22-11-2016Even 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.
Accurate procurement means easier invoicing
16-11-2016It’s no secret that the invoice handling process in best-in-class organizations operates like clockwork. But just how do they achieve this?
OpusCapita recognized in Treasury Management Systems guide
08-11-2016OpusCapita’s cloud based cash management solution brings value to nearly 1,000 organizations in almost 60 countries by giving them full control and visibility of their cash.
Towards a successful digital business network - Step 4
04-11-2016it 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.
OpusCapita Robotic Process Automation business is expanding
03-11-2016Robotic Process Automation is currently deserving a lot of hype, and it is for a good reason. OpusCapita is currently working in various different exiting automation projects.
Making sense of managing data
03-11-2016In today’s digital economy, it’s essential for companies to have a data management strategy. But where should you start? What goals should you set?
IN FOCUS – Improving your invoice data quality
26-10-2016Developments 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.
Disruptions in the digital age
24-10-2016The latest issue of our customer magazine, the OpusCapita Journal is now available. Read about digitalization, the disruptions, and the transformation of businesses that lie ahead...
Brisk growth in E-invoicing and the 3 drivers accelerating it further
21-10-2016Recently, 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.
Toward a successful digital business network – Step 3
18-10-2016The 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.
Four transformations in financial management
17-10-2016The fourth industrial revolution is under way, and technology is advancing in leaps and bounds. Technological trends mean changes to companies’ purchasing and payment processes.
Changing views on purchase-to-pay processes – 2016 ProcureCon Report
08-10-2016In the digitized economy corporations find themselves in a changed competitive field. How do executives at the top of procurement departments respond to the new challenges?
Towards a successful digital business network - Step 2
03-10-2016The 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.
OpusCapita pioneers public sector use of software robotics
28-09-2016OpusCapita has made an agreement to provide a software robotics solution to the Finnish Government Shared Services Centre for Finance and HR.
Opuscapita expands its e-invoicing reach
23-09-2016OpusCapita continues to grow its e-invoicing network and has signed an agreement with the Dutch-based electronic invoicing community SimplerInvoicing.
First ISO 27001 certificate for OpusCapita
21-09-2016OpusCapita has been granted its first ISO 27001 certification executed by an independent audit and issued by certification body Bureau-Veritas.
Towards a successful digital business network – Step 1
19-09-2016I 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.
Are you easy to do business with?
16-09-2016What would you do if you could start your current business or company anew, right from the start? This is the question to ask now.
Access rights create safety - OpusCapita introduces stricter user management
08-09-2016OpusCapita is introducing stricter user management practices for its software. Access rights are a key element of security in systems controlling corporate customers’ cash flows.
OpusCapita has completed cooperation negotiations in FAO business unit
07-09-2016OpusCapita has completed the cooperation negotiations in its Finance and Accounting Outsourcing business unit in Finland.
Successful digital business networks in five steps
05-09-2016There 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.
Are you ready for the new automation culture?
24-08-2016Robotic Process Automation, Machine Learning and Artificial Intelligence revolutionize knowledge work. Do these technologies seem like futuristic visions to you? Think again!
OpusCapita receives again SWIFT Corporate Cash Management label
16-08-2016OpusCapita's cloud-based cash management solution has been awarded with the 2016 SWIFT Certified Application Corporate Cash Management label for the second consecutive year.
PEPPOL will change the game in e-invoicing
11-08-2016Are 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.
OpusCapita starts cooperation negotiations in FAO business unit in Finland
08-08-2016OpusCapita has today announced to start cooperation negotiations in its Finance and Accounting Outsourcing business unit in Finland in order to develop current operations.
Jesper Ritsmer Stormholt appointed Head of Global Sales and Marketing
04-08-2016OpusCapita strengthens its international sales and software knowledge by appointing Danish Jesper Ritsmer Stormholt as Head of Global Sales and Marketing as of August 2016.
Companies are warming up for robotics
06-06-2016OpusCapita's international Robotic Process Automation and Artificial Intelligence Survey 2016 reveals companies' growing interest towards robotics.
Global Billentis market research report: Market is evolving beyond e-invoices
01-06-2016Corporations are turning their focus from pure e-invoicing and optimizing merely the invoice processes to a broader approach, concludes the global e-invoicing market report.
Robots and intelligent machines help to motivate and develop employees
31-05-2016Interest towards Robotic Process Automation (RPA) and Artificial Intelligence (AI) is apparent. We asked 70 companies about their awareness of and intentions to implement RPA.
OpusCapita and M-Files announce partnership to automate document processes
25-05-2016OpusCapita strengthens its service offering in Document Process Automation, by adding the M-Files document management solution to its current suite of offerings.
OpusCapita at Treasury & Cash 2016: Towards the disruption in cash management
19-05-2016Cash 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.
Digitalisation in the spotlight: Curato Røntgen to partner with OpusCapita
04-05-2016OpusCapita and Curato Røntgen AS recently signed a three-year partnership agreement with the aim of improving the distribution of appointment letters and patient replies.
OpusCapita to acquire German jCatalog
26-04-2016OpusCapita Group has today agreed to acquire a privately held German-based company jCatalog Software AG to strengthen its buyer-supplier ecosystem offering.
OpusCapita forecasts revolution in corporate purchasing and cash management
07-04-2016OpusCapita, a Nordic market leader in e-invoicing and financial processes, estimates that business ecosystems will undergo rapid digitalization in the coming years.
OpusCapita’s personnel negotiations concluded
04-04-2016OpusCapita has concluded its personnel negotiations to reduce personnel as part of adapting its new strategy and transforming to new operating model effective as of 1 April 2016.
Robotic Process Automation and Artificial Intelligence Survey 2016
30-03-2016We would like to invite You to participate in our Robotic Process Automation & Artificial Intelligence survey.
What does Chanel’s little black dress and digital ecosystems have in common?
24-03-2016On the pages of the fresh issue of the OpusCapita Journal you’ll find the answer – and other interesting discussions around the topical theme of digital economy.
Why bank connectivity as a service wins?
11-03-2016You can’t be in business without having a relationship with at least one bank. Every corporate has had to solve their bank connectivity somehow.
Will 2016 be the year the paper invoice becomes unnecessary?
26-02-2016Did 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.
What’s on top of the CPOs' mind? 5 takeaways from the Nordic Strategy Forum
22-02-2016I 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.
First in the Nordics: OpusCapita receives SWIFT Corporate Cash Management label
16-02-2016OpusCapita has been awarded the 2015 SWIFT Certified Application Corporate Cash Management label. The certification has been granted to OpusCapita’s SaaS cash management solution.
OpusCapita’s new operating model to drive growth
08-02-2016Today OpusCapita has announced a new planned organization and operating model in order to implement its new strategy and to improve profitability.
Impact of postal strike on OpusCapita’s services
23-11-2015The Finnish Post and Logistics Union PAU has announced postal strikes, the first of which started at 4 pm on Thursday November 19. According to the
How Well Do You Sleep at Night? Are Your Global
20-11-2015Many of us have read and witnessed how cybercrime and fraud has become one of the most significant risk management topics for corporates. However, des
Robotics powered Finance & Accounting – how to get
18-11-2015KPMG recently published an attention-grabbing paper “Bots in the Back Office: BPO withers as RPA grows”, predicting end of Business Process Outsour
Tuomas Itkonen Appointed as Senior Vice President
11-11-2015OpusCapita, part of the Finnish Posti Group Oyj, has appointed Tuomas Itkonen as Senior Vice President to head the Finance and Accounting Outsourcing
OpusCapita streamlines its business focus in the
11-11-2015Finnish financial process provider sells its printing and scanning business to BaltCap.
Kredithanterarna rebranded to OpusCapita
09-11-2015Stockholm 2015-11-09; In connection to OpusCapita’s acquisition of Kredithanterarna, the company has been rebranded as a consequence of a widened
OpusCapita Q3 financials
02-11-2015OpusCapita Q3 financials were published today as part of Posti Group's financials.
Risking stagnation – Is your shared service centre
26-10-2015GLOBALIZATION was “thee” word back in the 90s. It didn’t only mean going global, but being global. Around the same, the term Shared services also ente
New release of OpusCapitas communication tool
16-10-2015Connect facilitates your communication to get noticed by your recipients, since the sent messages are relevant to the target group.
What really matters – test your service provider
07-10-2015Last week I questioned recent survey results which stated that outsourcing in mid-market is moving slowly. My experience has been the opposite. Outsou
Medium-sized companies don’t outsource? They do. A
24-09-2015BDO and Suomen Taloushallintoliitto ry recently published a report in which 120 CFO’s from medium-sized Finnish companies were interviewed. According
The effects of Friday's political demonstration in
15-09-2015The Finnish Government decisions are targeted by various workers' unions with a common political demonstration on Friday (September, 18)
Latest survey of Finnish ICT decision-makers
15-09-2015OpusCapita is one of the most highly regarded and best known system and full-service providers, according to a recent corporate image survey
Why do we at OpusCapita love working with standards?
11-09-2015For many of us standardization is not that much of a topic in everyday life. Until you start thinking of the benefits of standardization.
The fresh issue of OpusCapita journal is out now
04-09-2015The latest issue of our customer magazine, the OpusCapita Journal, discusses the topical themes of digitalization and automation: how to tackle
OpusCapita Frees up Cash for SME's in the Supply
02-09-2015Strategic Partnership Delivers Best-in-Class Supply Chain Finance Solutions to Companies in the Nordics
Come and take a ride with the self-driving car of
24-08-2015Here, have a look at a list of features of a top-notch mobile device:
Put the customer at the heart of your corporate cu
20-08-2015Idean’s CEO Risto Lähdesmäki talks in the latest issue of OpusCapita Journal about the importance of user experience as a competitive advantage in tod
Opuscapita receives major additional contract from
18-08-2015OpusCapita and Europe’s leading manufacturing partner for the engineering industry, Fortaco Group Oy, are expanding their cooperation.
OpusCapita software robots
Paula Carlstedt appointed OpusCapita Country Man
26-06-2015OpusCapita is reinforcing its presence in Finland, its home market, by appointing a Country Manager. The new County Manager will be Paula Carlstedt
OpusCapita to cease operations in Slovakia
25-06-2015OpusCapita is to cease its operations in Slovakia by the end of September 2015. The decision is based on the company’s strategy of withdrawing from
Patrik Sallner appointed as OpusCapita CEO
17-06-2015OpusCapita, part of the Posti Group, has appointed Patrik Sallner (MBA, MA, M.Sc., 45) as the new CEO. He will transfer to this position from MariaDB
Software robots are already at work
Global report estimates great growth potential
08-06-2015The next wave of e-invoicing will aim at value creation along the supply chain
Europe, it’s time to benefit from digitalization!
Opuscapita and GTC sign strategic alliance agreeme
OpusCapita acquires Kredithanterarna
06-05-2015Stockholm 2015-05-06; The acquisition of Kredithanterarna in Solna, just north of the Swedish capital is a natural step in OpusCapita’s endeavors
Are unnecessary purchases eating into your profits
05-05-2015Do you ever wonder what is eating up your company’s money? Your net sales are good, and you have been cutting costs, but somehow your profits just see
Can you hear the wedding bells ring for the future
13-04-2015Just a few weeks ago I received a text message ordering a small bouquet of flowers. The message instructed that the flowers used in the bouquet should
Gartner Positions jCatalog as a Visionary
07-04-2015Dortmund, Germany, 04-07-2015 – jCatalog, a leading provider of Procurement solutions, today announced it has been selected for inclusion in Gartner’s
Martin Backman appointed to OpusCapita Board
02-04-2015Martin Backman (M.Sc. Eng., M.Sc. Econ.) has been appointed to the OpusCapita Group Ltd Board of Directors as a new member with effect from April 1, 2
Language courses in Vilnius opens the door for
31-03-2015Stockholm 6 March; in the OpusCapita service center in Vilnius employees are educated in Norwegian and Swedish, in order to facilitate communication
Is your business stuck in a bubble?
04-03-2015This week I was reading a thought-provoking article from the leading Finnish newspaper, Helsingin Sanomat. In the article columnist Maaret Kallio was
The fresh number of customer magazine OpusCapita
03-03-2015Journal – Setting the new standard for financial processes – is OpusCapita’s customer magazine that presents topical issues, trends and challenges in
OpusCapita makes changes in its Management Team
02-03-2015OpusCapita Group, a member of Posti Group, is making changes in its Management Team.
Vidar M.Nordby new director service management at
26-02-2015OpusCapita, a leading provider of financial process solutions, has appointed Vidar M.Nordby as the new Director of Service Management in the business
Supply chain finance calls for efficient invoice management
25-02-2015OpusCapita’s new solution for supply chain financing makes it possible for the suppliers to get paid in a matter of days instead of waiting for dozens
Bad, bad debts! DSO is a good indicator of the efficiency of sales receivables
23-02-2015Kimmo Kauranen, Vice President, O2C Business, OpusCapita, urges companies to beat lazy money out of its hiding places and into action.
How to recognize your RPA potential
19-02-2015Software robotics provides the opportunity to improve the quality and efficiency of processes in financial management almost immediately. But how to r
Something good out of bad – a story of superior cu
17-02-2015Friday the 13th was definitely unlucky day for me: When driving in the evening in Warsaw my car broke down, suddenly all the lights in the car (inside
The chain is only as strong as its weakest link
16-02-2015The decision to start a supply chain finance program is based increasingly on strategic reasons in large purchasing corporations, says Michiel Steeman
OpusCapita to build a global payment solution for
12-02-2015OpusCapita and Valmet have extended their cooperation to implement a global cloud based payment and collection solution which will be gradually taken
OpusCapita opens office in Frankfurt / Main
20-01-2015OpusCapita has opened a new representative office in Frankfurt / Main. Located at Mainzer Landstraße 50 between city center, fair and main station
OpusCapita will start processing DNA’s invoices
E-Channels vs. Paper – How Do B2C Companies Choose
18-12-2014There’s a huge difference in the level B2C companies have embraced communication via e-channels. For example, more than half of all B2C invoices are s
New demand for global payment factory solutions
17-12-2014Companies are now actively seeking global payment factory solutions for international cash management that meet their needs.
OpusCapita to solve companies’ payment time challe
Will the next generation of purchase invoice workf
12-12-2014Internationally, there is a very clear trend towards outsourcing. Yet Swedish companies have adopted a wait-and-see approach and are therefore at risk
Sweden in front in terms of financial functions
08-12-2014Stockholm 8th of December 2014; More than 70 percent of Swedish companies have chosen to outsource all or parts of their accounting functions.
Miikka Savolainen: “Finnish SME entrepreneurs will
08-12-2014In the summer of 2014, OpusCapita investigated the outlook regarding companies’ lengthening payment terms in Finland and abroad. The gradual lengtheni
Miikka Savolainen: Playing the waiting game is exp
02-12-2014The challenging economic situation is punishing companies in Finnish and international competitive arenas. The significance of working capital is rapi
OpusCapita gains full responsibility for financial
25-11-2014Stockholm 24 November 2014; OpusCapita has been commissioned to set up and maintain all financial processes for Finnish peer-to-peer enterprise
Finnlines selects OpusCapita’s Purchase-to-Pay
18-11-2014The shipping company Finnlines and OpusCapita, a specialist in financial management processes and automation, have signed an agreement
OpusCapita wins strategically important contract
12-11-2014Contiga strengthens its environment and sustainability profile with email invoicing service X-Mail
Worldwide market study on e-invoicing published
05-11-2014E-invoicing is a global trend. That is a result of the worldwide market study “E-Rechnung 2014“ which was published on 14 October 2014
Lassila & Tikanoja outsources its financial man.
31-10-2014Finnish waste management and recycling company Lassila & Tikanoja plc and OpusCapita Group Ltd have concluded a financial management services
International outsourcing project for new major
22-10-2014OpusCapita has concluded a contract with a Germany-based European market leader in its industry.
OpusCapita wins Nordnet Bank’s trust
16-10-2014Stockholm; October 13, 2014; OpusCapita breaks new ground with the mission to deliver proven complete payment solutions for businesses
Automation of support services is increasing – wha
10-10-2014This is what Tom Bangemann, The Hackett Group, told a reporter when he was interviewed for OpusCapita’s customer magazine Journal: “Up to now, automat
Count the eggs! Four things to consider when your
09-10-2014When the CFO or CIO of a mid-segment company hears that their software supplier or service provider has been acquired, many questions are sure to aris
Robots soon in financial management and company bo
08-10-2014Intelligent robotic systems are set to revolutionize corporate financial management practices. Company boards are also soon likely to feature a robot-
News from Sibos: SWIFT Extends Alliance Lite 2 to
07-10-2014SWIFT’s new “Alliance Lite 2 for Business applications” program allows selected providers to embed SWIFT Alliance Lite 2 connectivity into a single pa
It's time to consider payment terms from the persp
28-09-2014Recently OpusCapita carried out a study of the payment terms offered by the biggest companies in the Nordic countries. The study showed that payment t
Latest survey of ICT decision-makers
24-09-2014Opus Capita is one of Finland’s most highly regarded and best known software providers, according to a corporate image survey of the ICT sector
Vaisala boosts its purchase-to-pay processes
16-09-2014Vaisala, a global leader in environmental and industrial measurement, and OpusCapita, a specialist in financial management processes and automation
OpusCapita acquires accounting chain Norian Group
11-09-2014OpusCapita, a specialist in streamlining financial processes, has acquired the Norwegian based financial accounting outsourcing company Norian Group.
OpusCapita’s email addresses are changing!
04-09-2014Any email addresses ending in @itella.com, @itella.fi or @posti.fi for OpusCapita employees and other system emails will stop working
The fresh number of customer magazine OpusCapita
03-09-2014Journal – Passion for Financial Management is OpusCapita’s international customer magazine that presents topical issues, trends and challenges
Ulla Hemmi appointed Country Manager for OpusC
12-08-2014OpusCapita, a provider of automated financial management processes, is reinforcing its team in Sweden by appointing Ulla Hemmi as Country Manager
European e-invoicing service providers processed
05-08-2014EESPA announced the results of its first annual survey providing new statistics and a view on the adoption of e- invoicing from within the industry
OpusCapita signs a major contract with a well-know
04-08-2014OpusCapita, a financial automation and outsourcing company, has signed 30.6.2014 an agreement with a well-known media company in Finland to handle the
Helsingin Energia selects OpusCapita as its new
04-07-2014Helsingin Energia and OpusCapita Group Ltd have signed a contract on July 4th concerning printing and data transmission operator services for
Handy mobile solution from OpusCapita
13-06-2014OpusCapita has developed mobile Windows 8.1 and Windows Phone solutions. With the mobile version of the OpusCapita Invoices application
Jarosław Tkaczyk appointed new OpusCapita Managing
09-06-2014Jarosław Tkaczyk has been appointed as Managing Director of OpusCapita Sp. z o.o. with effect from June 1.
CFOs of The Year come from Neuca and Polfurnitur
02-06-2014It was the 9th time as the most prestigious prizes for finance community were granted in Poland.
OpusCapita to take care of SATO Corporation’s Acc
26-05-2014Residential property investment company SATO Corporation in Finland and OpusCapita Group Ltd have concluded an agreement to hand over SATO’s Accounts
New information security solution for auth.
13-05-2014OpusCapita is the first in the Nordic countries to offer SWIFT’s 3SKey digital identity solution. 3SKey has been developed by SWIFT
OpusCapita to manage Lindorff’s international bank
05-05-2014OpusCapita will deliver an international bank connections management solution as a service to Lindorff Group AB.
Dramatic increase in electronic invoicing offers
16-04-2014Consumers are paying more predictably, and corporate cash flows are accelerating. Finland is the world’s most advanced country in business-to-business
Fortaco chose OpusCapita as their partner for FI
15-04-2014Fortaco, Europe’s leading contract manufacturer for the engineering industry, and OpusCapita, a specialist in financial process automation
Metso outsources its payroll services in Finland
15-04-2014Metso Oyj and OpusCapita Group Oy have concluded an agreement to hand over Metso’s payroll services to OpusCapita.
Major new contract with Ahlsell
14-04-2014Ahlsell is preparing for the future with OpusCapita
OpusCapita supports the CFO of a year contest..
10-03-2014OpusCapita is 3rd year in a row the partner of “CFO of a Year” contest in Poland arranged by the Association of Chartered Certified Accountants (ACCA)
The fresh number of OpusCapita’s “Journal
18-02-2014If you share our passion for improving financial management, this is something for you: The fresh number of our customer magazine, Journal – Passion
Sebastian Krapf appointed as the CFO
14-02-2014Sebastian Krapf, 44, M.Sc. (Econ.) has been appointed as the CFO and a member of the Management Team on 9 December 2013.
Empower is outsourcing its financial management
05-02-2014The multinational service group Empower is outsourcing the financial management and payroll accounting services of its units in Finland and Sweden
Survey: companies would gain significant benefits
31-12-2013Companies would increase their agility and gain synergy benefits by comprehensively improving and streamlining their purchase-to-pay functions. This w
Is it worth to implement e-invoices and invoice au
10-12-2013The process of decision making for invoice automation in Poland can be presented based on the real case of one Polish retail chains that is very moder
Eye tracking survey
07-11-2013An increasing volume of letters is delivered to recipients in digital format, but printed letters continue to be popular due to the fact that the rece
The Board members of OpusCapita appointed
30-10-2013Itella’s Board has decided to propose the general meeting of OpusCapita that the following members will be appointed as OpusCapita’s Board members:
Itella Information changes its name to OpusCapita
30-10-2013As of 1 November 2013, Itella Information, part of Itella Group, continues its strong growth strategy in the Nordic and European markets by the new
OpusCapita is the first cloud provider in the Nord
18-09-2013OpusCapita has signed an agreement with SWIFT to embed SWIFT messaging services for its clients. In addition, OpusCapita will be the first cloud
Electronic data interchange (B2B integration) help
30-07-2013Companies using the B2B integration service feel they have gained the benefits targeted when they discussed introducing the service.
Itella Information sells its printing business in
24-07-2013Itella Information has signed an agreement regarding the sale of its printing business in Poland to PostNord.
Itella improved its performance in an uncertain
Considerable cost savings for Labor Berlin with
13-12-2012Europe's biggest and most modern hospital laboratory selected theItella/NewSource Business Outsourcing Model. Results of Itella/NewSource Business
A shift towards automated and electronic working
22-08-2012Itella Information survey: in 2012, manual processes count for less than 30% of all F&A processes in Finland, Norway, Poland and Sweden.
Improved efficiency and ensured secure deliveries
Unilabs supplies diagnostics services to the private and public health care sector. They chose iPost for the automated sending of their patient letters efficiently and securely.
Fully automated supply and delivery chain
Alko wanted to be able to respond to demand rapidly and accurately with a more efficient messaging service.
Quality and knowledge of the business are essential
A good invoice flow is crucial for a company that receives 180.000 invoices each month. OpusCapita's scanning service merged various invoice flows into one strealined department.
Smoother and quicker B2B processes through financial automation
Johnson & Johnson in the Nordics chose OpusCapita as service provider for a wide range of business integration functionalities, including e-invoicing and EDI messaging.
iSalary reduces the number of letters posted per year by 400,000
Nearly 80% of the S Group’s employees receive their pay slips via OpusCapita's iSalary service. The electronic pay slip is much more cost-efficient than a pay slip sent by mail.
More efficiency with automated purchase invoice processes
The electronic purchase and sales invoices processes of Jungheinrich’s Finnish subsidiary have set the standard for efficiency in the entire group.
iPost boosts efficiency
Letters were previously sent manually from our own offices. Now almost all of the communications related to cadastral surveys is taken care of electronically with iPost.
More reliable and faster processes in public procurement
The Norwegian National Rail Administration assigned OpusCapita the task of increasing the volume of e-invoices. The solution has evolved into connectivity with PEPPOL community.
Relying on automated cash flow forecasting
Lumene Group has witnessed a growing global demand for their cosmetics products. In the expanding business, automated liquidity management and forecasting play an important role.
Maximum output with liquidity management
How can a company reduce drawdown and deposits in cash pools to a maximum of SEK and NOK 10 million by improving liquidity management?
Message exchange brings closer customer relationships
Altia’s process chain has hundreds of thousands of messages every month. Centralized, integrated EDI messaging solution meant savings in time, resources and costs.
Focus on core operations
Aktia Group wanted to focus their resources into its core banking processes. It outsourced the handling of payment service material to OpusCapita.
Outsourcing cuts financial administration costs by 20%
Already in the first year, Jyväskylä Energy was able to see that outsourcing financial administration to OpusCapita would bring the process and cost advantages it was looking for.
Complete control with centralized payment transaction solution
The OpusCapita Payment Factory solution handles major of Posti Group companies’ payment processes centrally and in a controlled way.
Centralized supplier payment with a standardized user interface
Payment Factory centralizes the majority of supplier payments into one process with a standardized user interface, irrespective of the bank or country. NCC saves time and money.
Electronic payments in all Nordic countries
It is very important for Makita to be able to make electronic payments in all Nordic countries and partly also in the Baltic countries so that the suppliers receive reference data...
Boosting the efficiency of work by outsourcing financial processes
Fortaco wanted an active financial services partner to take over, to manage and to develop the financial processes of new-born international engineering group.
Extensive outsourcing of financial management supports the growth strategy
The entire financial accounting process was outsourced to OpusCapita to make it cost-efficient and produce accurate and real-time financial information for the management.
Producing great strides in digitalization and productivity
OpusCapita is a long-time partner of the State Treasury in building electronic invoicing processes, and transmits the purchase and sales invoices of Finnish government agencies.
Lower costs and more control by improved invoice management
OpusCapitas multi-channel solution for handling incoming and outgoing invoices has improved the company’s invoice management, which previously took too much time and resources.
From payroll outsourcing to process development partnership
Since Outokumpu outsourced its payroll process to OpusCapita, the relationship has evolved into a partnership where both parties join forces to further improve the process.
Successful continuous improvement with OpusCapita
OpusCapita is responsible for Toyota Finance Finland’s accounts payable and receivable, general ledger and payments.
Building a seamless purchase-to-pay chain
SATO outsourced its accounts payable services and systems to OpusCapita, and a new procurement system was also integrated into the solution.
Automated handling of more than 800,000 invoices
OpusCapita is the partner of Siemens Finance Shared Services, relieving the local operating companies of the work of processing a steadily growing volume of supplier invoices.
Digital invoice distribution for the future
OpusCapita has distributed invoices for Vegfinans since 2000. With a new contract with OpusCapita, Vegfinans is establishing more electronic payment solutions for its customers.
Delivering millions of customized documents
Through the document process outsourcing services provided by OpusCapita, CSN delivers millions of customized documents at the best possible postage.
Invoicing was updated to support marketing
With OpusCapita's Invoice sending services, iO Kustantajapavelut can offer its customers cost-effective and quick service for the management of invoicing and payment transactions...
Centralized invoicing is easy to monitor
Global group reporting sets its own challenges for financial management. A centralized process was needed to provide an up-to-date overview of incoming and outgoing payments.
Outsourcing produced flexible and cost-efficient payroll administration
OpusCapita handles the payroll administration processes of Metso Corporation’s units in Finland. Payroll process is flexible and cost effective.
XXL gained more muscle by outsourcing
XXL gained new resources and expertise by outsourcing parts of its accounting department to OpusCapita’s service centre in Vilnius, Lithuania.
IPost reduces time spent on office routines and leaves more time for nursing
Vaasa Hospital District uses OpusCapita’s iPost service to process letters related to patient visits. The solution considerably reduces workload and saves time and costs.
OpusCapita digitizes paper documents for bookkeeping
Talenom’s customers receive all their bookkeeping material electronically, thanks to professionally-handled and cost-effective digitization service by OpusCapita.
Creating customer value through an efficient debt collection process
OpusCapita supplies debt collection service for Ahlsell, enabling customized communication between client and supplier. The personal approach to each case creates customer value.
Customized debt collection through innovative and flexible solutions
Coor replaced standardized solutions for handling payment claims by OpusCapita's fully integrated and automated system, in which customer needs are always in focus.
Licensing process shortened from months to days
While it used to take about a month to process an application, transport licenses can now be granted within a couple of days. The fast process is based on OpusCapita’s solution.
E-activation accelerates transfer to electronic sales invoices
Teboil’s own efforts were no longer enough to increase the number of customers receiving e-invoices. OpusCapita’s eActivation service helped to provide an additional boost.
Opuscapita streamlines Broadnet’s invoice management
In order to digitize invoice processing and reduce costs, Broadnet was looking for a solution for extracting data from scanned invoices and recognizing invoices in the books.
No limits in targeted communication
mySafety wanted to be able to send out various attachments to different target groups with its invoices. OpusCapita’s Connect service made it possible.
Printer Driver brought considerable savings and made work more meaningful
The time required for processing school transport decisions has decreased to one third of what it used to be after City of Espoo introduced OpusCapita's Printer Driver service.
Comprehensive partnership supports finance and business processes
Every year OpusCapita transmits over a million electronic sales invoices to insurance company LocalTapiola’s customers and is also an operator for incoming claims.
Supply chain cash flows on the move
In cooperation with OpusCapita, Posti Group launched a supply chain finance program, which optimizes cash flows in the supply chain and allows Posti to support its subcontractors.
Automated procurement of complex product groups
Austria's largest mobility services provider ÖBB’s employees use a new software solution for the easy and automated procurement of their work tools, including workwear.
Standardized ordering processes for a variety of companies and locations
With the introduction of the new platform, all processes within procurement are clearly defined and structured. The processing effort and the costs decreased.
B2B Integration flow means roof tiles arrive on time
OpusCapita is the sole B2B Integration operator for Monier Roofing in the Nordic and Baltic regions, handling over 40,000 transaction messages a month.
Verisure Securitas Direct centralizes invoice sending
Verisure and OpusCapita tackle together the challenge of efficiently and economically sending millions of electronic, e-mail and paper invoices to several countries.
Electronic patient invitation processing – more time for care work
Sending invitations to patients kept clinic staff resources from their core duties. The clinics at Carea introduced an additional OpusCapita iPost service called Printer Driver.
Valmet moved its global payments to the cloud
A global company wanted to create consistent automated processes for payment management and reconciling and posting customer payments in international Financial Service centers.
Complex automotive industry products in all dimensions
Audi uses the PIM solution (Product Information Manager) provided by OpusCapita to make the accessories information available worldwide in 18 languages.
Innovative Invoice Management – Just what the doctor ordered
The pharmacies of Apoteksgruppen use OpusCapita Invoices to scan, assign account codes, verify and approve their supplier invoices. 320 users handle a total of 130.000 invoices.
Farewell to paper and errors
OpusCapita's eSign allows Arvato Financial Solution’s customers’ end customers to order direct debits and sign digitally using an electronic form, removing manual processes.
Added value for nutritional information with intelligent PIM solution
OpusCapita provides a Product Information Management system to methodically prepare product data for 800 items and to systematically assign around 1,500 ingredients.
Easy procurement of services with a single form
Integrating order and procurement processes on a single platform. Uniform requisition and approval processes in all product groups.
At the core of centralized cash management
Sapa Group decided to build a platform for their future financial processes by implementing a payment factory, an in-house bank, and a liquidity forecasting solution.
Invoice automation accelerates digitalization at Etola
Processing of purchase invoices took time and required a lot of manual work. The aim was to make the checking and approval process smooth and automated.
This is how Supply Chain Finance works
Supply Chain Finance can create a win-win situation between Buyers and Suppliers who often have opposing financial goals when it comes to optimizing their working capital.
Rapid change in Purchase-to-Pay
Tobias Wikström discusses the rapid change that has already happened in organizations' Purchase-to-Pay - and the big changes that are yet to come!
OpusCapita Software Robots in action
Today, software robots are performing many routine tasks that were once thought to be impossible to automate. Take a look at our virtual employees - software robots - in action!
OpusCapita eSign - Digital signature
eSign is an easy, safe and customer friendly tool for digital signatures. Our short demo video gives you an idea of how it works.
Use invoices and documents to send the right message to the right person at the right time. See our 3-minute video to see how OpusCapita connects with your customers with love!
In-house vs. Outsourcing in Finance & Accounting
The optimization of finance processes is business critical, but how to achieve it: an efficient in-house solution or outsourcing?
Optimizing financial processes in F&A
How to optimize finance processes with an external service provider and stay competitive? Choose a service provider who is able to support your whole end-to-end process.
Outsourcing - opportunity or risk for the CFO?
How do CFOs in Central Europe see outsourcing? What are good reasons to start F&A outsourcing project? In this video we go over a market study and our own experiences for answers.
What does machine learning look like?
We asked our Data Scientist to explain what does the new workforce of the financial department, the intelligent machines with learning algorithms actually look like.
What is machine learning?
What are the advantages of Machine Learning compared to traditional automation through programming? Our experts explain in the video.
Machine Learning and Artificial Intelligence - Advice for Financial people
Machine Learning and Artificial Intelligence are impacting Finance faster than many anticipate. In this video, our experts share their advice on how to prepare for the future.
How does Machine Learning look from the end user perspective?
Machine Learning algorithm can suggest correct posting dimensions for supplier invoices 95% of the time. Is it enough for the end users in AP department to trust it?
How to apply Machine Learning and AI in extended Purchase-to-Pay?
Detecting anomalies, categorizing spend, forecasting sales… There are many ways to take advantage of machine learning in the different parts of the extended purchase-to-pay.
Machine Learning and Artificial Intelligence in Finance in a broad perspective
How can Machine Learning help you detect fraud attempts, forecast cash flows, or speed up purchase invoice posting? 3 real-life use cases of utilizing Machine Learning in Finance.
Tunnelmia Finance Forum 2016 -tapahtumasta
"Asiapitoinen ja viihdyttävä." Katso talous- ja hankinta-ammattilaisten tunnelmia OpusCapitan Finance Forum 2016 -tapahtumasta.
OpusCapita Finance Forum 2017
Mitä vaaditaan talouden ja hankinnan onnistumiseen digiaikana? Katso tunnelmia vuoden 2017 Finance Forum -tapahtumasta.
Was wäre, wenn alle Purchase-to-Pay-Prozesse von der ersten Anfrage über Bestell- und Zahlungsabwicklung bis hin zur Planung und Steuerung von Cash Flow und Cash Management nahtlo...
Outlining the size of payment fraud
If you've been a victim of payment fraud you are not alone. If you don't know whether you've been a victim, then chances are you have.
OpusCapita Consulting Services Factsheet
Successful process transformation comes from finding the right mix of solutions, best practices and support. OpusCapita consulting has been serving customers for over 30 years.
OpusCapita Cash Management factsheet
OpusCapita Cash Management enables you to harmonize your global processes, centralize your Treasury management, reduce complexity and bring full visibility to your cash positions.
OpusCapita Supplier Document Portal factsheet
OpusCapita Supplier Document Portal enables easy exchange of electronic business documents – like orders & delivery notes - with your suppliers.
OpusCapita Supplier Information Manager factsheet
OpusCapita Supplier Information Manager records and tracks all your supplier information - from their initial onboarding through today.
OpusCapita Request for Quote factsheet
OpusCapita Request for Quote (RfQ) solution module enables you to quickly send, receive and process price and availability enquiries.
OpusCapita Online Product Catalog factsheet for buyers
Successful e-procurement hinges on users finding needed items and placing orders quickly & easily.
OpusCapita eProcurement Solution brochure
Make buying easier for your employees and reduce maverick spend while increasing spend visibility with leading e-Procurement software.
OpusCapita Digital Asset Manager factsheet
OpusCapita Digital Asset Manager reduces process costs associated with editing and delivering multimedia objects.
Procurement manager factsheet
Successful e-procurement hinges on users finding needed items and placing orders quickly & easily.
OpusCapita SaaS factsheet
OpusCapita solutions are provided as a service for organizations of all sizes.
OpusCapita Catalog Management Service
For high quality catalogs outsource supplier catalog & contract integration to OpusCapita. We’re a leader in eProcurement solutions.
Product Information Management for Selling to Healthcare Sector factsheet
Our PIM solution collects, organizes & updates all of your product information in a single system. It makes selling to the healthcare sector easier & is fully PEPPOL compliant.
OpusCapita In-House Bank factsheet
In-House Bank enables Treasury to offer subsidiaries banking services under your own terms - removing the need for external banks, and lowering overall banking costs.
OpusCapita Global Bank Connectivity factsheet
We offer a secure & flexible turnkey solution to connect you to over 10,800 banks around the world.
Liquidity Solution factsheet
OpusCapita Liquidity is the hub where all financial data is collected, routine tasks are automated, and liquidity positions are forecast and reported.
Secure payments anytime, anywhere
OpusCapita Payments integrates all your financial systems into one gateway. All ERP, manual, and treasury payments can be managed within our easy-to-use, secure payment solution.
OpusCapita Supply Chain Finance factsheet
With the help of OpusCapita’s supply chain finance programs, companies can lengthen their payment terms and in return, offer their suppliers a way to improve their cash flows.
Online Product Catalog factsheet for sellers
OpusCapita Online Product Catalog serves as a central product information portal for your staff and B2B customers. Information on your products and services is easily available
Cross Media Publishing factsheet
OpusCapita Cross Media Publisher enables quick and easy publication of all product information in various types of media, from flyers to sophisticated catalogs.
Business Network factsheet
OpusCapita Business Network integrates buyers, suppliers and other business partners. Automate the exchange of all types of business documents, including global e-invoices.
Product Information Management Factsheet
Product Information Manager allows retailers and manufacturers to easily create and manage information about their products for all audiences.
Invoice Automation Factsheet
OpusCapita Invoice Automation combines the entire purchase invoice handling process into one system.