ChallengesProcurement at Ramirent worked, but there were fundamental operational issues. While mechanics knew what they needed, the Buyers struggled with a lack of visibility into what to buy and from whom. Although technically much of the spend was managed through an ERP, it wasn’t very ergonomic.
For example: adding a new item to the catalog took almost 3 days and it was a constant struggle to maintain the negotiated prices in the system. It was also difficult to switch or engage new suppliers. Due to this, it was harder to leverage the results of negotiated contracts.
SolutionsRamirent implemented OpusCapita eProcurement, segmented their main categories of spend and onboarded the suppliers, one category at a time, to provide eCatalogs and accept eOrders. Budget controls were also introduced and new controls meant purchasing policy was better managed.
Results154 suppliers have been onboarded with 256 catalogs covering MRO, Spare Parts, Bulk Goods and Equipment. Since 2016, the number of POs per day has doubled (100) with the amount of spend passing through the system growing by 400% in just 3 years. With OpusCapita, Ramirent has great negotiation power due to the fact that it is now very simple to switch suppliers.
"With OpusCapita we have not only been able to monitor and control our spend much better, we have also seen other cost saving effects like automated order process (at the supplier), more correct invoices, pre-coded cost allocation, etc."
Ramirent streamlines their e-procurement processes
Ramirent implemented OpusCapita eProcurement, segmented their main categories of spend and onboarded the suppliers, one category at a time, to provide eCatalogs and accept eOrders.
Pihlajalinna uses OpusCapita Cash Management Solutions
The rapidly changing business environment put a lot of strain on Pihlajalinna’s payment and liquidity planning processes.
Purchase Invoice Automation Enables Growth at Secto Automotive
One of the cornerstones of the successful growth at Secto Automotive is an efficient and automated purchase invoice process. They rely on OpusCapita’s Invoice Automation solution.
Payment Transactions and Accounts Rapidly Moved to the Cloud
When the Helsinki City Theatre building was renovated, also the system environment was modernized. The transfer of OpusCapita Payments and Accounts to the cloud went smoothly.
Invoice Automation Accelerates Digitalization at Etola
Processing of purchase invoices took time and required manual work. Etola established e-invoice receiving and implemented Invoice Automation with OpusCapita for a smooth process.
Service Procurement with a single form
Munich Re improved its e-procurement processes by introducing OpusCapita eProcurement. Products and services are now ordered with uniform requisition and approval processes.
Valmet Moved Its Global Payments to the Cloud
Valmet wanted to create consistent automated processes for payment management and reconciling and posting customer payments in its international Financial Service centers.
B2B Integration Flow Means Roof Tiles Arrive on Time
The supply chain flow is critical for Monier Roofing. OpusCapita is their B2B Integration operator in the Nordics and Baltics, handling over 40,000 transaction messages a month.
Standardized Ordering Processes for a Variety of Companies and Locations
voestalpine introduced an easy-to-use procurement and order platform for all Group companies. With OpusCapita's solution, both the order processing effort and cost have decreased.
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.
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.
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.
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.
Automated Handling of More than 800,000 Invoices
OpusCapita is the partner of Siemens Finance Shared Services to ensure rapid, automated supplier invoice processing. Efficient invoice receiving benefits the whole process chain.
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.
Makita Runs OpusCapita's Payment Manager
Makita needed a solution for managing incoming and outgoing payments In the Nordic countries and Estonia. They chose OpusCapita as their partner to build a payment factory.
Centralized Supplier Payments With a Standardized User Interface
Payment Factory by OpusCapita centralizes most of NCC's supplier payments into one process. NCC saves time and money, has more control over cash flows, and avoids manual work.
Complete Control with Centralized Payment Transaction Solution
OpusCapita Payment Factory handles Posti Group companies’ payment transactions in 8 countries centrally and in a controlled way. No more time wasted on correcting mistakes.
The Lumene Group Relies 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.
Faster Processes in Public Procurement Through PEPPOL-Compliant e-Invoicing
The Norwegian National Rail Administration wanted to increase the volume of received e-invoices. OpusCapita's solution has now evolved into connectivity with the PEPPOL community.
More Efficiency with Automated Purchase Invoice Processes
The electronic purchase invoice process Jungheinrich’s Finnish subsidiary has created with OpusCapita have set the standard for efficiency in the entire group.