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Financial management outsourcing supports the growth strategy of Suomen Lähikauppa

The Suomen Lähikauppa chain of grocery shops is developing its operations in line with its growth strategy. The company intends to open 20–25 new shops and reform 120 shops in 2014.

The growing number of shops, extensive investment programs and diverse range of services present challenges to financial management. As a result, the company needed to update its financial management environment and processes. It decided to outsource all of its financial management processes to OpusCapita.

– We wanted to update our financial management processes to improve cost-efficiency and produce accurate, real-time financial information for management, says Sami Karppi, CFO, Suomen Lähikauppa.

– We also wanted to focus our resources on our core operations and reduce the administrative work of our shop employees, so that they can better focus on customer service.

Cost-efficiency at Suomen Lähikauppa is at a much better level than it was a few years ago. Cost transparency also helps managers make better decisions when the company is developing new services.

– The transaction-based pricing model helps us calculate accurately how much the reforms and new services will cost, says Karppi.

Suomen Lähikauppa is the third largest consumer goods company in Finland. It owns the Siwa and Valintatalo chains, which include a total of 670 grocery shops.