TietoEVRY Oyj : Visma Finance chooses TietoEVRY platform for factoring in Norway
June 22, 2021 at 09:31 am EDT
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Published: 22 June 2021
Visma, one of the Nordic's leading ERP providers, has chosen TietoEVRY factoring platform as it scales up its factoring operations in Norway.
In 2019, Visma made the transition to TietoEVRY factoring platform, as it provided the flexibility to scale with a standardized and proven solution that integrates smoothly with their IT setup. At the time of deployment, the solution was solely for the Swedish market. Now that the company is scaling up factoring operations in Norway, they have chosen to do so with TietoEVRY factoring platform, yet again.
The platform enables Visma Finance to provide factoring within a rapidly changing operating environment. The modular build of TietoEVRY factoring platform will bring a new level of automation to their Norwegian operations, improving operational efficiency and the user experience.
'Once again, we are excited to help Visma Finance scale up their factoring business in a Nordic market,' says Olof Dedering, Vice President, Credit Solutions and Services, TietoEVRY. 'Factoring is a fast growing service within the corporate finance market. Our factoring solution, which combines a software platform and BPO services, boosts customers' business through faster times to market and unrivalled flexibility for growth.'
Michael Linnusaar
Senior customer manager, Credit Solutions & Services
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TietoEVRY Oyj published this content on 22 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 June 2021 13:30:07 UTC.
TietoEVRY Oyj is an IT services company organized around 4 business areas:
- modernization, security and automation services for digital infrastructures (35.9% of net sales; Tietoevry Tech Services): via the use of the cloud;
- software research and development services (28.4%; Tietoevry Create): especially in the fields of telecommunications, consumer electronics, semiconductors, the automotive industry, etc. The group also offers consulting services in digital technologies, IT systems integration and application management services, etc.;
- services for the digitization of companies' financial and commercial processes (19%; Tietoevry Banking);
- development of specific software solutions (16.7%; Tietoevry Care and Tietoevry Industry): primarily for companies and organizations in the sectors of public administration, health care, social welfare, forestry, energy, etc.
Net sales are distributed geographically as follows: Finland (22.6%), Norway (33.3%), Sweden (31.6%) and other (12.5%).