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OpusCapita

Services

  • Comprehensive outsourcing solutions for financial management
  • Cash flow automation
  • Digitization of the order-supply chain
  • Printing service business operations
  • E-invoice operator

Countries of operation

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

Key figures

  • 10,000 corporate customers
  • Software users in around 50 countries
  • Nearly 180 million electronic messages per year
  • More than 43 million documents scanned per year
  • Nearly 415 million traditional letters sent per year

Key figures 2013

  • Net sales: EUR 263.4 million
  • Operating result (non-IFRS)*: EUR 22.5 million
  • Operating result (EBIT): EUR 17.0 million
  • Personnel: 2,121 (12/31/2013)

*) Non-IFRS = before non-recurring items

We provide our customers with the full range of financial management processes, from single processes to comprehensive outsourcing. We help our customers improve the efficiency and quality of their business operations. Our goal is to offer our customers solutions for the development of the entire scope of their operations with the help of the automation and outsourcing of financial management and cash flow. This enables our customers to focus on their core operations.

OpusCapita had a successful year in terms of service sales. Our performance developed very favorably, and our operating result improved significantly in 2013. We also acquired new customers.

Key events included the renaming of the business group: Itella Information became OpusCapita at the beginning of November. OpusCapita continues to be part of the Itella Group.

The change is related to Itella’s new vision and strategy. It enables us to better improve our operations and succeed in growth areas. We focus on generating growth and improving our market position in the Nordic countries and elsewhere in Europe.

The new name and image help us make our company, products and services better known in Finland and new markets. OpusCapita was well known even before it became a business group of Itella. The company is highly valued in its target groups, which include professionals employed in corporate financial operations in Finland as well as all of the users of our applications in some 50 countries.

A new Board of Directors was appointed for OpusCapita to serve from the beginning of 2014. Its members include three representatives of Itella: Heikki Malinen, President and CEO; Sari Helander, CFO; and Juhani Strömberg, Senior Vice President, Strategy and Development. The other members of the Board are Timo Löyttyniemi, CEO, State Pension Fund; Juha Mikkola, Senior Investment Director, Norvestia; and Ossi Pohjola, Business Owner and Board Professional, Business Integration Group.

 
 
Net sales

 
The transactions of financial accounting outsourcing

 

Sales invoices (outbound documents)

Purchase invoices (inbound documents)