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.
Centralized Data Management with OpusCapita Product Information Management
Schlemmer was looking for a solution for product data management - a portfolio of 10 000 standard products and 50 000 customer-specific applications. They found it at OpusCapita.
Secure Bank Connectivity Is the Backbone of KONE’s Global Cash Processes
The leader of elevator industry, KONE, strived for cash and bank harmonization. With OpusCapita, they implemented a streamlined and secure solution for global bank connectivity.
All catalogs from a data source
Publishing catalogs required a great deal of effort at GFR. Now GFR uses OpusCapita Product Information Management to maintain all the data for very different product groups.
Consolidating Product Information for More than 4100 Trade Companies
EK produces 30 print catalogs each year with a total of 5 800 pages and 18 000 illustrations. The production of the catalogs is efficient with OpusCapita PIM solution.
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.
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.
Complex Automotive Industry Products in All Dimensions
Audi uses OpusCapita's Product Information Management (PIM) solution to manage product information for the accessories catalogs and to make it available worldwide in 18 languages.
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.
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.
Automated OpusCapita eProcurement of Complex Product Groups
Employees at Austria's largest mobility services provider ÖBB use OpusCapita eProcurement for easy and automated purchasing of their work tools, including customizable workwear.
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.
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.
Centralized Invoices Is Easy to Monitor
Global group reporting sets its own challenges for financial management. Together with OpusCapita, Respecta created one centralized process for all purchase and sales invoices.
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.
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.
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.
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.
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.
Maximum Output with Liquidity Management
Moelven wanted to reduce extra liquidity in its six cash pools and improve liquidity control and cash flow forecasting. They succeeded with OpusCapita's Liquidity Management.
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.
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.
Smoother and Quicker B2B Processes Through Financial Automation
Johnson & Johnson implemented a series of OpusCapita's B2B integration solutions, e-invoice receiving, and EDI messaging to support their eCommerce activities in the Nordics.