OpusCapita strengthens its Purchase-to-Pay offering
OpusCapita’s Purchase-to-Pay solution utilizes the latest eProcurement technology
OpusCapita, the leading provider of financial processes automation, will strengthen its service offering within the Purchase-to-Pay area. By partnering with Back Office Services Oy (BOS), the company will be providing an eProcurement solution to its clients. This will deliver clear added value to OpusCapita’s clients.
OpusCapita is traditionally known as strong player among invoice handling and financial outsourcing. By enhancing its services to cover the high quality automated eProcurement solutions, the company will complement its overall services capabilities to its clients.
BOS has strong skills within eCommerce solutions sector. The company is among the leading catalogue-buying providers in Finland covering more than 1600 catalogues.
With OpusCapita Purchase-to-Pay solution, organizations are able to combine operational purchase, cash flow management and fully automated invoice handling to one single solution. This will enable companies to focus on strategic procurement activities like spend analytics and strategic sourcing. Indirect purchases create remarkable costs for companies, but still have been often neglected by many companies, which focus on direct purchasing.
Traditionally, eProcurement solutions have been mainly targeted to large companies with high purchasing volumes, because the systems have been expensive to implement and the procurement catalogues often have required a lot of maintenance work. OpusCapita’s solution is about to change that, as from now on readily integrated, cost-effective and highly automated solution is available for organizations of all sizes.
Adding the enhanced eProcurement support to Purchase-to-Pay solution will provide companies:
- Better cost-control, approval before the purchase
- Reduce Supplier risk, by controlling the Supplier base enabled for purchase
- Contract compliance
- Ability to take advantage of modern self-service tools
- Increase the Spend transparency