Annual Report 2014

OpusCapita

Countries of operation

  • Latvia
  • Lithuania
  • Norway
  • Poland
  • Sweden
  • Germany
  • Slovakia
  • Finland
  • Estonia
  • Nearly all areas in Europe, North America and Asia through a network of partners

We provide our customers with the full range of financial processes, from single processes to comprehensive outsourcing. Our goal is to offer our customers solutions for the development of the entire scope of their business operations with the help of automation and outsourcing. We develop Order-to-Cash and Purchase-to-Pay processes, in which software, subcontracting and services are combined in the market-leading delivery model. We help our customers improve the efficiency and quality of their business operations so that they can focus on their core operations.

We have more than 11,000 corporate customers and software users in approximately 50 countries. We are the leading operator of electornic invoices in Europe. We deliver nearly 200 million electronic messages, more than 43 million scanned documents and almost 415 million traditional letters per year. In September, we launched a new strategy with which we focus on generating growth and improving our market position in the Nordic countries and elsewhere in Europe.

The digitization of services was clearly evident in 2014. Our electronic transaction volumes continued to increase, representing 33% of all transactions (2011: 20%).

The strong growth of cloud services continued as well. In addition to cloud services, digitization continued to increase, which creates a firm foundation for the actual business benefits that can be gained in financial management through automation. The sales of BPaaS services offered by OpusCapita grew substantially.

The key events of the year included the acquisition of Norian Group, a Norwegian financial accounting outsourcing company, which strengthens our position as a Nordic financial accounting outsourcing company. Along with the acquisition of Norian, we got approximately 175 new colleagues working in Norway, Sweden and Lithuania.