Careers Newsletter CONTACT US English/global TRENDS SOLUTIONS REFERENCES ABOUT US Home / Blog ALL POSTS E-INVOICING TRENDS PEPPOL DIGITALIZATION BROWSE BY TOPIC BROWSE BY SOLUTION MOST POPULAR POSTS IT - Procurement’s Best Friend Reflections on the 2020 S2P Sofa Summit S2P Source-to-Pay - more of a community than you might think How can e-Invoicing save the world BROWSE BY AUTOR May 27, 2021 New Customer Service Portal is coming! by Kati Kaivaara INDUSTRY TRENDS AND TECHNOLOGY, OPUSCAPITA Let us to update you on our ongoing efforts to provide superior service through our new Customer Service Portal. This change will make the communication with customer better. Read more April 14, 2021 OpusCapita local sites: Espoo by Kati Kaivaara OPUSCAPITA Historically, OpusCapita has been present in the capital area since the 80s. In March 2021 we moved our headquarters to the new premises in Espoo. Read more about our new office. Read more March 11, 2021 An interview with Kati Kaivaara, the Head of Customer Service at OpusCapita by OpusCapita OPUSCAPITA We recently had the opportunity to catch up with Kati Kaivaara, the Head of Customer Service. She has been at OpusCapita for 15 years already. Read more January 26, 2021 OpusCapita local sites: Torun by Slawomir Sobczynski OPUSCAPITA, BUSINESS NETWORK With this blog article, we are to start a blog series introducing you to our local branches. Let’s start with the largest one in terms of headcount. Read more December 17, 2020 Øivind Kirksæter's first 100 days at OpusCapita by OpusCapita POINT-OF-VIEW, OPUSCAPITA As a new CEO, your first 100 days are crucial to success - your own and of the organization you lead. Read more October 01, 2020 A dream about global interoperability by Ahti Allikas E-INVOICING TRENDS, PEPPOL, BUSINESS NETWORK, E-INVOICING It has been a while since I last wrote to you. Summer, Covid, and everything else has left a trace into my activities as well. Read more September 25, 2020 Source to Pay, Purchase to Pay, or Procure to Pay? by Rowan Lemley ACCOUNTS PAYABLE OPTIMIZATION, SOURCE-TO-PAY This blog helps to explain the differences between source-to-pay, purchase-to-pay and procure-to-pay. Read more September 14, 2020 3 Steps for Easy AP Automation by Rowan Lemley SOURCE-TO-PAY, ACCOUNTS RECEIVABLE AUTOMATION Accounts payable automation is a key goal for any finance department as they progress along their digitalization path. But how do you get there and what can make it easier? Read more August 19, 2020 IT - Procurement’s Best Friend by Rowan Lemley PROCUREMENT TRENDS, SOURCE-TO-PAY, E-PROCUREMENT This blog is a follow-up to a recent webinar (titled: Procurement & IT are Partners in Source-to-Pay) which featured a conversation with our Chief Architect for Source-to-Pay. Read more August 12, 2020 In 2020, Everything Changed for Source-to-Pay by Rowan Lemley DIGITALIZATION, SOURCE-TO-PAY In 2020 everything changed! The global impact of Covid-19 changed the game and we are still learning about the new rules. Read more August 05, 2020 Reflections on the 2020 Source-to-Pay Sofa Summit by Patrik Sallner OPUSCAPITA, SOURCE-TO-PAY Just a few short weeks ago we held our first virtual event, the 2020 Source-to-Pay Sofa Summit. Read more July 17, 2020 Meet Philipp Flenker - who got the ValuesAmbassador award already twice by OpusCapita OPUSCAPITA "Together we make it", "Passion to Succeed" and "Customer at the Center" are OpusCapita values and those are the base for building our company culture. Read more July 06, 2020 Source-to-Pay, 2020, Leadership and Real-World Changemakers by OpusCapita POINT-OF-VIEW, OPUSCAPITA, SOURCE-TO-PAY, E-PROCUREMENT In the first half of 2020, during a time when Covid-19 was creating a new normal, we interviewed 3 Changemakers in 3 webinars - Watch them here! Read more June 30, 2020 OpusCapita Finalises EU funded Project for AS4 Protocol Integration by Ahti Allikas E-INVOICING TRENDS, PEPPOL, DIGITALIZATION, OPUSCAPITA, BUSINESS NETWORK, E-INVOICING OpusCapita is officially closing the project AS4EDI which was founded by European Commission and CEF Telecom program to cultivate Electronic Invoicing in Europe. Read more May 27, 2020 Source-to-Pay - more of a community than you might think by Rowan Lemley DIGITALIZATION, SOURCE-TO-PAY Source-to-Pay solution providers are more of a community than you would think. Read the blog. Read more May 25, 2020 How can e-Invoicing save the world? by Ahti Allikas E-INVOICING TRENDS, DIGITALIZATION, INVOICE PROCESS AUTOMATION, BUSINESS NETWORK We all have been the witnesses for a new phenomenon in the modern world. Like a scenario from a fictional movie has become reality. Read more May 19, 2020 Starting in a new company — from home by Iiris Kinnunen OPUSCAPITA Starting a new job from the home office was for sure something that I could not have imagined at the beginning of this year! In this blog I reflect on my first two first months. Read more April 23, 2020 Source-to-Pay is becoming business critical in these challenging times by Rowan Lemley SOURCE-TO-PAY, SOURCING, E-PROCUREMENT, INVOICE PROCESS AUTOMATION Challenging times expose the weaknesses in source-to-pay processes. What are you doing to mitigate the risks? Read more April 20, 2020 EESPA - A closer look at one of the oldest e-invoicing communities by Ahti Allikas PEPPOL, BUSINESS NETWORK, E-INVOICING In today’s situation the topic of e-invoicing is more real than ever. The confidence of getting paid is more crucial in difficult economic situations compared to good times. Read more April 09, 2020 Remote work brings out the best of our culture by Noora Luutonen OPUSCAPITA In this blogpost, I wanted to take a look at the benefits we actually see in our company from this new situation and also reflect what kind of actions employers can take to suppor Read more March 12, 2020 Meet our dynamic design and documentation duo: Julia and Laura by OpusCapita OPUSCAPITA Now we would like to introduce our two experts from our Tampere office in Finland. Our Lead UX Designer Julia and our Documentation & Localization Specialist Laura. Read more March 06, 2020 Peppol Initiatives in the Nordics by Ahti Allikas PEPPOL, BUSINESS NETWORK Let’s take a look at how Peppol is influencing e-procurement and e-commerce in the Nordics. It will be interesting to see what conclusions we can draw for the rest of us. Read more March 03, 2020 Procurement - A useful excuse for failure? by Miia Lönnqvist PROCUREMENT TRENDS, SOURCE-TO-PAY, SOURCING, E-PROCUREMENT Do you know how much effort and money your company is leaking when procurement processes are not properly digitized? Read more February 21, 2020 The Future of Source-to-Pay by Rowan Lemley PROCUREMENT TRENDS, SOURCE-TO-PAY, E-PROCUREMENT What is the future of source-to-pay? Rowan Lemley offers his opinion in this recent blog. Read more February 18, 2020 E-invoicing developments in Europe and the United States by Ahti Allikas E-INVOICING TRENDS, INVOICE PROCESS AUTOMATION, BUSINESS NETWORK, E-INVOICING I would like to take a look at e-invoicing in the US as I just returned from a Business Payments Coalition meeting. And also provide more information about European developments. Read more January 27, 2020 Building a foundation for source-to-pay by Rowan Lemley PROCUREMENT TRENDS, SOURCE-TO-PAY, E-PROCUREMENT It wasn’t too long ago that a colleague of mine suggested that the worst thing an organization could do (when building up their source-to-pay) was to focus on the low-hanging fruit Read more January 20, 2020 The exciting 20s of Peppol by Ahti Allikas PEPPOL, BUSINESS NETWORK, E-INVOICING The first development is that Peppol is rebranding itself. The second development is that Peppol and the clearance model are moving closer together. Read more January 09, 2020 Source-to-Cash - the natural result of digital transformation by Rowan Lemley INDUSTRY TRENDS AND TECHNOLOGY, CASH MANAGEMENT, SOURCE-TO-PAY What is source-to-cash? That is clearly the first question to be answered. Quite simply, source-to-cash is the total offering from OpusCapita. But what is it in practice? Read more December 12, 2019 Reflections from my trip to Singapore by Ahti Allikas E-INVOICING TRENDS, DIGITALIZATION, BUSINESS NETWORK, E-INVOICING Let’s start by why I went to Singapore? There was an Exchange Summit. And on top of that also OpenPeppol had its Management Committee meeting. Read more December 03, 2019 Your Source-to-Pay FAQ - in blog form by Rowan Lemley SOURCE-TO-PAY We started with an FAQ but realized people prefer blogs so we turned it into a blog - check it out and see if it doesn’t answer your questions. Read more November 21, 2019 What’s going on in e-invoicing by Ahti Allikas E-INVOICING TRENDS, DIGITALIZATION, BUSINESS NETWORK, E-INVOICING In this blog we will take a look at India, who is making a move towards the clearance model for e-invoicing. And then we will take a closer look at the Hybrid Invoices. Read more November 19, 2019 An Interview With Dirk Fischbach - Source-to-Pay in 2019, a Review by Rowan Lemley PROCUREMENT TRENDS, SOURCE-TO-PAY, E-PROCUREMENT We recently had the opportunity to catch up with one of the busiest guys at OpusCapita, Dirk Fischbach. Dirk is the Head of Procurement & Invoice Automation at OpusCapita. Read more October 23, 2019 The clearance model is gaining a stronger foothold in Europe by Ahti Allikas E-INVOICING TRENDS, PEPPOL, DIGITALIZATION, BUSINESS NETWORK, E-INVOICING There are different models out there that ensure compliance in electronic invoice processes. Read more October 22, 2019 Procurement contradictions: ambition and reality by Rowan Lemley DIGITALIZATION, PROCUREMENT TRENDS, E-PROCUREMENT CPOs operate where contradictions exist between ambition and reality. The Procurecon Report does well to describe the current path to e-procurement digitalization. Read more October 18, 2019 From 50% to 83% e-invoices in only 6 months by Hélène Rönnmark E-INVOICING TRENDS, DIGITALIZATION, OPUSCAPITA, BUSINESS NETWORK, E-INVOICING All organizations want 100% e-invoicing. And when we interviewed our Nordics customers this spring, they all said the same thing: great idea but some guidance would be appreciated. Read more October 15, 2019 OpusCapita has an MRO Digitalization Agenda by Rowan Lemley OPUSCAPITA, SOURCE-TO-PAY OpusCapita developed many critical capabilities for MRO entirely because of customers like Maersk, Ramirent, and others. Read more September 30, 2019 Meet the OpusCapitans - Sampada Chakraborty by OpusCapita OPUSCAPITA In this series, we introduce OpusCapita employees, this time Sampada Chakraborty, a trainee from Hanken & SSE Integration Business Lead program. Read more September 23, 2019 The EU a strong driver for the future of e-invoicing? by Ahti Allikas E-INVOICING TRENDS, PEPPOL, BUSINESS NETWORK, E-INVOICING EU initiatives that are ongoing to further the development and spread of electronic invoices across Europe. I am also proud to say that OpusCapita is part of these projects. Read more September 12, 2019 Digitalizing global trade - In Practice by Patrik Sallner OPUSCAPITA At OpusCapita we have a strong purpose, our purpose is to Digitalize Global Trade - One Customer at a Time. That sounds great right, and isn’t digitalization all the rage nowadays? Read more August 16, 2019 Peppol and reflections on the future of electronic messaging by Ahti Allikas PEPPOL, BUSINESS NETWORK This time I’d like to take the opportunity to reflect a little bit on why we as a company chose to become a Peppol service provider and how this journey has been. Read more July 26, 2019 Hey CFOs - this should be important to you! by Rowan Lemley ACCOUNTS PAYABLE OPTIMIZATION, SOURCE-TO-PAY, E-PROCUREMENT, INVOICE PROCESS AUTOMATION The classic mistake many Nordic organizations make when digitalizing their purchase-to-pay process is starting with accounts payable. Read more July 12, 2019 The year at OpusCapita so far - A CEO perspective by Patrik Sallner OPUSCAPITA, SOURCE-TO-PAY I would like to look back at the eventful first half of 2019 and also to offer some insights on what exciting things lie ahead for OpusCapita and our customers. Read more July 05, 2019 Indirect vs Direct Procurement - who cares? by Rowan Lemley PROCUREMENT TRENDS, SOURCE-TO-PAY, SOURCING, E-PROCUREMENT Ever wonder why indirect spend get’s neglected whereas, direct spend is lavishly supported by tools, expertise and focus? Us too! Read more June 28, 2019 Assembling the engine - A look at the year so far by Johanna Rantala SOURCE-TO-PAY This year has been an exciting year for OpusCapita as a whole. We have announced our ownership change in March but that was definitely not the only thing happening this year. Read more June 12, 2019 Is Global Interoperability Getting Closer? by Ahti Allikas E-INVOICING TRENDS, PEPPOL, BUSINESS NETWORK, E-INVOICING As the European standard for e-invoicing is being implemented this year, there is a real sense that the creation of a larger global framework may be possible. Read more May 29, 2019 There is still a lot of work to be done to benefit from digitalization by Tom Jansson DIGITALIZATION How would you like to see the future? If you are a business leader I bet this would make your life a lot easier. Read more May 24, 2019 News from Business Payments Coalition meeting 2019 by Ahti Allikas PEPPOL, BUSINESS NETWORK, E-INVOICING The United States is moving forward with country-wide e-invoice standardization activities. Read the latest insights from the payment coalition meeting 2019. Read more May 21, 2019 New Technology Drives E-procurement and Sourcing by Rowan Lemley PROCUREMENT TRENDS, SOURCE-TO-PAY, SOURCING, E-PROCUREMENT The hype cycle is always an interesting view of technology and the most recent report from Gartner on procurement and sourcing is no exception. Read more May 16, 2019 Digitalizing global trade, one customer at a time by OpusCapita POINT-OF-VIEW, OPUSCAPITA Every company has a purpose or should have, for that matter. Our purpose at OpusCapita is to "Digitalize global trade - one customer at a time". Read more May 07, 2019 Spend under management – the OpusCapita way by Rowan Lemley PROCUREMENT TRENDS, SOURCE-TO-PAY, SOURCING, E-PROCUREMENT In many of my blogs I talk around a subject and really do my best to avoid any kind of sales pitch – which is probably the way you like it. Read more April 29, 2019 Ask the right questions - A CFO perspective from Tami Halttunen by OpusCapita OPUSCAPITA One of the key drivers of innovation in companies is usually the CFO. This might come a bit as a surprise but it actually makes sense, CFOs always look for ways to work smarter. Read more April 25, 2019 Procurement is the key driver for transformation - But nobody knows it by Janne Tuunannen PROCUREMENT TRENDS, SOURCE-TO-PAY, E-PROCUREMENT Working in Sales I get to meet a lot of our customers and prospects and it’s really interesting, hearing from different companies and people. Read more April 19, 2019 3 Key Takeaways from Peppol General Assembly by Ahti Allikas PEPPOL, SOURCE-TO-PAY, BUSINESS NETWORK, E-INVOICING Ahti Allikas presents the key takeaways from the 2019 Peppol General Assembly: Increased focus on different users, Internationalization and highlights from the working plan. Read more April 16, 2019 Meet the OpusCapitans - Régis Déau by OpusCapita OPUSCAPITA In this new blog series we will introduce one of our colleagues with a short interview. The first one is our Head of R&D: Régis Déau. Read more March 20, 2019 PEPPOL Continues its Global Expansion by Ahti Allikas E-INVOICING TRENDS, PEPPOL, E-INVOICING As many of you know, Peppol began life as an EU funded project to establish standards for electronic public procurement within the EU. Read more March 19, 2019 e-Procurement Benefits Calculator - the value of transformation by Rowan Lemley PROCUREMENT TRENDS, SOURCE-TO-PAY, SOURCING, E-PROCUREMENT, INVOICE PROCESS AUTOMATION When companies make the decision to modernize or digitally transform part of their organization, lots of hard work is involved in building a solid business case. Read more March 18, 2019 Imagine knowing 100% of your spend was under management – We can help by Rowan Lemley PROCUREMENT TRENDS, SOURCE-TO-PAY, SOURCING, E-PROCUREMENT In order to stay in control of your procurement spend, it’s important to get ahead of the game. You should be aware of the latest trends driving procurement transformation. Read more March 13, 2019 A new chapter for OpusCapita and for our customers by Patrik Sallner OPUSCAPITA Following last Friday’s announcement: OpusCapita has been acquired by Providence Equity, I wanted to take a moment and shed some more light on this exciting news. Read more March 12, 2019 Are we ready for the second phase of digitalization? by Rowan Lemley DIGITALIZATION, SOURCE-TO-PAY The challenges posed by the rapid advancement of technology will require a collaborative approach from businesses if they want to survive. Read more February 15, 2019 Why a content strategy for e-procurement matters by Rowan Lemley PROCUREMENT TRENDS, SOURCE-TO-PAY, SOURCING, E-PROCUREMENT No content strategy for your e-procurement process? If procurement transformation is in your near future then you should definitely read on. Read more January 23, 2019 How E-invoicing Can Lower your Risk of Fraud by Ahti Allikas E-INVOICING TRENDS, BUSINESS NETWORK, E-INVOICING Recently, nearly 35,000 CFO’s were subject to a targeted Phishing scam costing these organizations both time and money. Learn how e-invoicing can reduce your risk of fraud. Read more January 22, 2019 The struggle to create a ‘digital business’ and why we fail by Rowan Lemley DIGITALIZATION, PROCUREMENT TRENDS, INDUSTRY TRENDS AND TECHNOLOGY, POINT-OF-VIEW, 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? Read more December 31, 2018 Accounts Payable Automation - the value of a business network by Rowan Lemley E-INVOICING TRENDS, DIGITALIZATION, ACCOUNTS PAYABLE OPTIMIZATION, BUYER-SUPPLIER ECOSYSTEM, SOURCE-TO-PAY, INVOICE PROCESS AUTOMATION, BUSINESS NETWORK, E-INVOICING So you’ve decided to digitally transform your accounts payable function with the goal of improving control, visibility and efficiency. Read more December 27, 2018 The Business Case for Invoice Automation by Rowan Lemley E-INVOICING TRENDS, DIGITALIZATION, ACCOUNTS PAYABLE OPTIMIZATION, BUYER-SUPPLIER ECOSYSTEM, SOURCE-TO-PAY, INVOICE PROCESS AUTOMATION, BUSINESS NETWORK, E-INVOICING The business case for Accounts Payable automation is fairly straightforward but there is some nuance to consider as you begin planning your digital transformation project. Read more December 04, 2018 Get Ahead of the Game and Be Ready for e-Invoicing in 2019 by Ahti Allikas E-INVOICING TRENDS, DIGITALIZATION, E-INVOICING The year 2019 will see many of the much-talked-about initiatives around e-invoicing becoming a reality. Are you ready for the changes ahead? Read the blog to learn steps forward. Read more November 28, 2018 Improving Accounts Receivable: How to Create a Futureproof Invoice Sending Process by Matts Ek DIGITALIZATION, ACCOUNTS RECEIVABLE OPTIMIZATION, ACCOUNTS RECEIVABLE AUTOMATION How to transition efficiently to e-invoicing and digital invoice processes in your Accounts Receivable? This blog explains how to create futureproof invoice sending already today. Read more November 08, 2018 5 Ways to Benefit from Switching to e-Invoicing in Accounts Payable by Heikki Pulli E-INVOICING TRENDS, DIGITALIZATION, ACCOUNTS PAYABLE OPTIMIZATION, INVOICE PROCESS AUTOMATION, E-INVOICING How much time and money could you save if you switched to e-invoicing in Accounts Payable? In this blog, we go over the key benefits of electronic invoice receiving and handling. Read more November 02, 2018 Standardization of e-Invoicing in the U.S. Takes Steps Forward by Ahti Allikas E-INVOICING TRENDS, PEPPOL, BUYER-SUPPLIER ECOSYSTEM, BUSINESS NETWORK, E-INVOICING The United States is moving forward with country-wide e-invoice standardization. This blog explains why this news should have a positive influence on the global e-invoicing market. Read more October 16, 2018 The Inevitable Challenges with Procurement of Services by Rowan Lemley PROCUREMENT TRENDS, SOURCE-TO-PAY, E-PROCUREMENT Procurement of services continues to be a challenge for the procurement departments. Read this blog to find out why and learn how to overcome the challenge. Read more October 10, 2018 CFO, Why You Too Should Care About Spend Under Management by Sami Gronroos PROCUREMENT TRENDS, SOURCE-TO-PAY, SOURCING, E-PROCUREMENT Bringing more spend under management is a priority for the Chief Procurement Officers. This blog discusses why the metric matters for the Chief Financial Officers, too. Read more September 12, 2018 How Will the New European Standard on e-Invoicing Affect You? by Ahti Allikas E-INVOICING TRENDS, DIGITALIZATION, INDUSTRY TRENDS AND TECHNOLOGY, BUSINESS NETWORK, E-INVOICING The new European standard on e-invoicing will take effect soon. This blog summarizes what the standard actually is and what it is not. Do you know how it will affect your company? Read more September 05, 2018 Stop Wasting Time and Money: Paper Invoices Prevent Accounts Payable Efficiency by Jennie Klaesson E-INVOICING TRENDS, DIGITALIZATION, ACCOUNTS PAYABLE OPTIMIZATION, INVOICE PROCESS AUTOMATION, BUSINESS NETWORK, E-INVOICING High rates of paper and unstructured email invoices prevent efficient invoice handling in mid-sized companies. Switching to e-invoices can spark Accounts Payable improvement. Read more August 28, 2018 3 Trends That Are Driving Procurement Transformation by Rowan Lemley DIGITALIZATION, PROCUREMENT TRENDS, INDUSTRY TRENDS AND TECHNOLOGY, SOURCE-TO-PAY, E-PROCUREMENT The 2018 ProcureCon Benchmarking Report gives insight into the collective mind of the Chief Procurement Officer. This blog highlights 3 trends we think you should be aware of. Read more August 21, 2018 Mission Impossible: Can You Achieve Total Spend Visibility and Control? by Rowan Lemley PROCUREMENT TRENDS, SOURCE-TO-PAY, E-PROCUREMENT Is it possible to achieve 100% of spend under management? Or even hit close to this ultimate procurement goal? Yes, it is, but it doesn’t come easy. Read more July 31, 2018 Germany Is Shifting e-Invoicing into a New Gear in Europe by Hanno Detlefsen E-INVOICING TRENDS, DIGITALIZATION, BUSINESS NETWORK, E-INVOICING Germany has drawn up a solid roadmap to a digital future. How will the actions of the public sector affect the progress of e-invoicing in the country - and in the whole of Europe? Read more July 17, 2018 Who Knew MRO Was So Complicated? by Rowan Lemley PROCUREMENT TRENDS, INDUSTRY TRENDS AND TECHNOLOGY, SOURCE-TO-PAY, E-PROCUREMENT On top of the everyday complexities of MRO, those in the industry need to tackle disruptions affecting supply chains and increasing risks. What keeps MRO Managers up at night? Read more July 02, 2018 4 Concrete Steps to Purchase-to-Pay Implementation Success by OpusCapita DIGITALIZATION, PROCUREMENT TRENDS, SOURCE-TO-PAY, E-PROCUREMENT, INVOICE PROCESS AUTOMATION What are the keys to a successful purchase-to-pay implementation? Samira Jaakkola, Procurement Manager at HDL, shares her experiences and insights after a determined project Read more June 14, 2018 The Future of B2B Trade Is in the Open Digital Business Networks by OpusCapita DIGITALIZATION, BUYER-SUPPLIER ECOSYSTEM, INDUSTRY TRENDS AND TECHNOLOGY, BUSINESS NETWORK Digitalization is set to disrupt B2B operating models with real-time information and interaction. How far along are we on the journey toward digital networks in global trade? Read more June 13, 2018 Why the Latin American Approach Is the Hot Topic in Electronic Invoicing? by Ahti Allikas E-INVOICING TRENDS, DIGITALIZATION, INDUSTRY TRENDS AND TECHNOLOGY, BUSINESS NETWORK, E-INVOICING The Latin American approach to e-invoicing has become a hot topic in Europe. What is the difference and why the interest is rising? This blog answers the most frequent questions. Read more May 28, 2018 Why Does Amazon-Like User Experience and Guided Buying Matter in E-procurement? by Rowan Lemley PROCUREMENT TRENDS, SOURCE-TO-PAY, E-PROCUREMENT If your organization’s employees aren’t happy with the usability of the e-procurement system, it is hard to reach procurement targets. Here’s what guided buying means in practice. Read more May 24, 2018 Why Has the Digitalization of B2B Trade Not Gone All the Way? by Esko Penttinen and Petri Karjalainen DIGITALIZATION, BUYER-SUPPLIER ECOSYSTEM, 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? Read more 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. Read more May 16, 2018 Countdown to the European e-Invoicing Standard Means Also a Spurt for PEPPOL by Ahti Allikas E-INVOICING TRENDS, DIGITALIZATION, INDUSTRY TRENDS AND TECHNOLOGY, BUSINESS NETWORK, E-INVOICING Only 11 months to go until public sector in Europe will need to be able to receive e-invoices. PEPPOL has become an interesting option for the implementation - here’s why. Read more April 23, 2018 4 Reasons Why You Should Start e-Invoicing Now by Thomas Rohn E-INVOICING TRENDS, DIGITALIZATION, BUSINESS NETWORK, E-INVOICING The introduction of e-invoicing is the perfect start for the digitalization of a company’s financial processes. If you don’t want to be left behind, the time to start is now. Read more April 13, 2018 Supplier Performance Management: Why Should You Care? by Rowan Lemley PROCUREMENT TRENDS, SOURCE-TO-PAY, E-PROCUREMENT Why should corporations turn their focus to their suppliers? In short, effective supplier performance management will reduce various risks and save money. Read more 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. Read more March 09, 2018 Is It Time to Retire the Invoice? by Rowan Lemley DIGITALIZATION, INDUSTRY TRENDS AND TECHNOLOGY, SOURCE-TO-PAY We are already in mid-March, and 2018 is seemingly just another year. Or is it? Last year we saw we were arriving in the post-invoice economy. Is the invoice ready to be retired? Read more March 07, 2018 Real-Time VAT Control Has Come to Europe and Is Changing e-Invoicing as We Know It by Ahti Allikas E-INVOICING TRENDS, INDUSTRY TRENDS AND TECHNOLOGY, E-INVOICING Italy is mandating e-invoicing for all companies and implementing real-time VAT control. Our expert explains in his blog why this is a sign of a game-changing trend in Europe. Read more February 22, 2018 Where Does It Hurt? The State of Purchasing Practices in Health Care by Sami Gronroos DIGITALIZATION, PROCUREMENT TRENDS, E-PROCUREMENT Inflexible and time-consuming phases in ordering complicate daily work in health care organizations. This blog discusses the findings of a recent study by OpusCapita. Read more February 19, 2018 3 Reasons Why You Should Care About Quality Catalog Content in E-procurement by Rowan Lemley PROCUREMENT TRENDS, SOURCE-TO-PAY, E-PROCUREMENT You should not underestimate the importance of the quality of your catalog content to your procurement efficiency. Here are 3 KPIs across your organization that are affected. Read more February 06, 2018 The Challenges of International e-Invoicing by Heikki Pulli E-INVOICING TRENDS, DIGITALIZATION, BUYER-SUPPLIER ECOSYSTEM, BUSINESS NETWORK, E-INVOICING For any company, the first step in overcoming the challenges of international e-invoicing is to focus on internal processes. In a SSC, e-invoicing can be the key enabler. Read more January 23, 2018 7 Signs That It Is Time to Rethink Your Bank Connection Strategy by Jukka Sallinen TREASURY OPTIMIZATION, FINANCE CENTRALIZATION, CASH MANAGEMENT, GLOBAL BANK CONNECTIVITY Are you guilty of these transgressions in your bank connectivity? If you are, it might be high time for you to change your bank connection software to stay safe and efficient. Read more January 17, 2018 How EU e-Invoicing Initiatives Will Shape the Market in 2018 by Ahti Allikas E-INVOICING TRENDS, PEPPOL, DIGITALIZATION, E-INVOICING Ready, steady, go! The year 2018 marks the countdown to the implementation of many electronic invoicing initiatives, and here’s why it matters for you. Read more October 13, 2017 Costs in One Bucket, Benefits in Another? This Is How P2P Works to Remove Silos by Pete Loughlin DIGITALIZATION, PROCUREMENT TRENDS, INDUSTRY TRENDS AND TECHNOLOGY, POINT-OF-VIEW, 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! Read more September 27, 2017 Is 29% Growth in e-Invoicing Enough for Europe? by Ahti Allikas E-INVOICING TRENDS, PEPPOL, DIGITALIZATION, BUYER-SUPPLIER ECOSYSTEM, E-INVOICING 1.6 billion e-invoices. The figure from EESPA confirms that e-invoicing continues to make headway in Europe, showing increase of 29% on previous year’s volumes. But is it enough? Read more September 26, 2017 3 Trends Shaping Blockchain over the Next 12 Months by Adam Tamburello INDUSTRY TRENDS AND TECHNOLOGY There’s been a lot of hype and an enormous investor interest around blockchain over the last few years. But what does all of this mean for the technology in the near future? Read more September 13, 2017 Are You Ready for the Post-Invoice Economy and the Future of Source-to-Pay? by Rowan Lemley DIGITALIZATION, PROCUREMENT TRENDS, INDUSTRY TRENDS AND TECHNOLOGY, SOURCE-TO-PAY In the post-invoice economy, source-to-pay and cash management will become key value drivers for an organization. A new way of thinking is needed to stay competitive. Read more September 04, 2017 How CPOs See the Future? Highlights from the ProcureCon Report by Rowan Lemley DIGITALIZATION, PROCUREMENT TRENDS, INDUSTRY TRENDS AND TECHNOLOGY 100 procurement leaders shared their views on the future of procurement in the ProcureCon survey. Here’s why you should be interested in their answers. Read more July 30, 2017 Smooth and Compliant Procurement of a Million Spare Parts Captures Savings on the Bottom Line by OpusCapita DIGITALIZATION, PROCUREMENT TRENDS, SOURCE-TO-PAY, E-PROCUREMENT Ramirent struggled to capture the negotiated savings on the bottom line. To close the gap between sourcing and spending, they chose to implement OpusCapita’s e-Procurement system. Read more June 03, 2017 Procurement Goes Together with Finance by OpusCapita PROCUREMENT TRENDS, POINT-OF-VIEW, 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. Read more June 01, 2017 The State of E-procurement in 2017 by Rowan Lemley PROCUREMENT TRENDS, E-PROCUREMENT In 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. Read more 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." Read more May 05, 2017 Hands-Free Procurement by Rowan Lemley DIGITALIZATION, PROCUREMENT TRENDS, INDUSTRY TRENDS AND TECHNOLOGY, E-PROCUREMENT Web-based procurement (or e-procurement) was originally seen first and foremost as a better way to order catalog products than with older desktop-based procurement systems. Read more May 04, 2017 Toward 100% Digital Business Networks by OpusCapita PEPPOL, DIGITALIZATION, BUYER-SUPPLIER ECOSYSTEM, BUSINESS NETWORK A 100 percent digital business-to-business network: utopia? Not at all! Organizations can already embark on the journey toward entirely digital selling, buying, and paying. Read more April 30, 2017 Procurement Takes the Lead in Building the P2P Value Chain by OpusCapita DIGITALIZATION, PROCUREMENT TRENDS, SOURCE-TO-PAY, E-PROCUREMENT Procurement function is uniquely positioned to raise the game for the whole organization. It is time to put the emphasis on the first P in the purchase-to-pay chain! Read more April 19, 2017 Smarter Procurement in MRO by Rowan Lemley PROCUREMENT TRENDS, E-PROCUREMENT MRO 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. Read more March 29, 2017 Modern Procurement Systems Bring Simplicity to Complex Business Environments by Rowan Lemley PROCUREMENT TRENDS, E-PROCUREMENT When operations are demanding and time is of the essence, an effective procurement process should bring simplicity and peace of mind. Read more March 21, 2017 B2B Procurement: Shopping That Won’t Exhaust You by Rowan Lemley PROCUREMENT TRENDS, E-PROCUREMENT I 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. Read more 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.” Read more March 09, 2017 PEPPOL Reaches Europe: Join the Growing Network! by Heikki Pulli E-INVOICING TRENDS, PEPPOL, BUSINESS NETWORK, E-INVOICING The 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. Read more February 24, 2017 Six Good Reasons to Invest in Electronic Procurement Right Now by Rowan Lemley DIGITALIZATION, PROCUREMENT TRENDS, E-PROCUREMENT Digital transformation is the talk of the town, or should we say industry. In this blog, we'll share convincing arguments for pushing digitalization in procurement. Read more 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? Read more January 19, 2017 Blockchain for Business by OpusCapita INDUSTRY TRENDS AND TECHNOLOGY Blockchain technology should be used just for the sake of it - only if it actually brings added value compared to the use of more traditional technologies. Read more 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. Read more December 08, 2016 e-Invoicing is no Longer Enough! by Rowan Lemley E-INVOICING TRENDS, DIGITALIZATION, E-INVOICING After reading the Billentis report on e-invoicing, I’m disappointed. Not with the report, but with the sluggish growth of e-invoicing. Why have so few companies switched over? Read more 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. Read more November 22, 2016 Toward a Successful Digital Business Network – Step 5: A New Era by Heikki Pulli DIGITALIZATION, BUYER-SUPPLIER ECOSYSTEM, BUSINESS NETWORK Even 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. Read more November 16, 2016 Accurate Procurement Means Easier Invoicing by Tobias Wikstrom PROCUREMENT TRENDS, ACCOUNTS PAYABLE OPTIMIZATION, INVOICE PROCESS AUTOMATION It’s no secret that the invoice handling process in best-in-class organizations operates like clockwork. But just how do they achieve this? Read more 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. Read more November 04, 2016 Toward a Successful Digital Business Network – Step 4: The Target Is 100% Digitalization by Heikki Pulli DIGITALIZATION, BUYER-SUPPLIER ECOSYSTEM, BUSINESS NETWORK It 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. Read more October 26, 2016 How to Improve Your Invoice Data Quality by Tobias Wikstrom DIGITALIZATION, ACCOUNTS PAYABLE OPTIMIZATION, INVOICE PROCESS AUTOMATION Developments 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. Read more October 21, 2016 Brisk Growth in e-Invoicing and the 3 Drivers Accelerating It Further by Ahti Allikas E-INVOICING TRENDS, PEPPOL, DIGITALIZATION, E-INVOICING Recently, 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. Read more October 18, 2016 Toward a Successful Digital Business Network – Step 3: First Practical Measures by Heikki Pulli DIGITALIZATION, BUYER-SUPPLIER ECOSYSTEM, BUSINESS NETWORK The next step in our blog series and in building an effective digital business network is to focus on taking the first practical measures with service providers and suppliers. Read more October 17, 2016 Four Transformations in Financial Management by Petri Karjalainen and Henri Wiik PEPPOL, DIGITALIZATION, INDUSTRY TRENDS AND TECHNOLOGY The fourth industrial revolution is under way, and technology is advancing in leaps and bounds. Technological trends mean changes to companies’ purchasing and payment processes. Read more October 03, 2016 Toward a Successful Digital Business Network – Step 2 by Heikki Pulli DIGITALIZATION, BUYER-SUPPLIER ECOSYSTEM, BUSINESS NETWORK The next step in the transformation to digital processes is to review orgganizational options and decide which type of technology to use to enable digitalization. Read more October 02, 2016 Why the Cloud Is Winning by OpusCapita INDUSTRY TRENDS AND TECHNOLOGY, POINT-OF-VIEW, CASH MANAGEMENT, E-PROCUREMENT, INVOICE PROCESS AUTOMATION 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. Read more 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. Read more September 20, 2016 Purchasing, Finance Administration and Treasury Require Cross-Border Cooperation by OpusCapita PROCUREMENT TRENDS, POINT-OF-VIEW, 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 Read more September 19, 2016 Toward a Successful Digital Business Network – Step 1 by Heikki Pulli DIGITALIZATION, BUYER-SUPPLIER ECOSYSTEM, BUSINESS NETWORK Let's start going over the five most important steps in creating a digital business network. The first one is to focus on planning and creating a model of you want to achieve. Read more September 06, 2016 Billentis Market Report: From e-Invoicing Toward Broader Digitization by OpusCapita E-INVOICING TRENDS, DIGITALIZATION, E-INVOICING In 2016, the total volume of e-invoices will achieve 30 billion worldwide, estimates the global market research report on e-invoicing published by Billentis. Read more September 05, 2016 Successful Digital Business Networks in Five Steps by Heikki Pulli DIGITALIZATION, BUYER-SUPPLIER ECOSYSTEM, BUSINESS NETWORK Digitalization is disrupting traditional operating models at an incredible rate. No company survives on its own. This blog series discusses how to create digital business networks Read more August 11, 2016 PEPPOL Will Change the Game in e-Invoicing by Ahti Allikas E-INVOICING TRENDS, PEPPOL, BUYER-SUPPLIER ECOSYSTEM, E-INVOICING Are 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. Read more August 08, 2016 The View from the Top by OpusCapita PROCUREMENT TRENDS, SOURCE-TO-PAY Redefining purchase-to-pay into an integrated, automated and digital process expands horizons for corporate CFOs and CPOs, both of whom are reaching for control and compliance. Read more July 10, 2016 Effortless Electronic Exchange Is the Key by OpusCapita E-INVOICING TRENDS, PEPPOL, E-INVOICING What are the key benefits of the PEPPOL network? How will PEPPOL advance in the coming years? OpusCapita Journal had a brief Q&A with experts in the area to find out! Read more July 02, 2016 Ecosystems Are the New Black by OpusCapita DIGITALIZATION, BUYER-SUPPLIER ECOSYSTEM, 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. Read more June 15, 2016 5 Tips for a Safer AP Process by OpusCapita PAYMENT FRAUD PREVENTION, ACCOUNTS PAYABLE OPTIMIZATION, PAYMENTS AND FINANCING, INVOICE PROCESS AUTOMATION Accounts Payable (AP) is one of the most attractive business processes for fraudsters to target. Get in control of what happens in your AP with these 5 tips! Read more May 27, 2016 Wanted: New Talents and the Cross-Functional Approach by OpusCapita PROCUREMENT TRENDS, POINT-OF-VIEW 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. Read more February 26, 2016 Will 2016 Be the Year the Paper Invoice Becomes Unnecessary? by Tobias Wikstrom E-INVOICING TRENDS, DIGITALIZATION, E-INVOICING Did 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. Read more February 22, 2016 What’s on Top of the CPOs’ Mind? Top 5 Takeaways from the Nordic Strategy Forum by Martin Casserdahl PROCUREMENT TRENDS, INDUSTRY TRENDS AND TECHNOLOGY I 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. Read more 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. Read more 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. Read more 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. Read more 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. Read more 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. 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