IRVING, Texas, June 26, 2017 /PRNewswire/ -- OpusCapita, a
company focusing on automating and digitalizing customers'
procurement, invoicing and payment processes, has formed a global
digitizing partnership with BancTec, a SourceHOV brand, a global
provider of enterprise information management (EIM) and transaction
processing solutions (TPS).
OpusCapita's digitizing operations in Sweden, Norway and Poland will be outsourced to BancTec, where
the company will process 22 million electronic and paper-based
invoices per year across more than 700 customers using its robust
workflow solution, BoxOffice. Around 325 OpusCapita employees
will transfer under current terms and conditions of employment
during fourth quarter of 2017 OpusCapita continues to be
responsible for approximately 800 invoice digitizing customers
after the transfer. OpusCapita's digitizing operations in
Finland and Estonia will not be affected by this
agreement.
"We are pleased to partner with OpusCapita on the digital
transformation efforts, leveraging our core technologies and
existing footprint in this part of Europe," said Par Chadha, Chairman of
SourceHOV.
"We are excited that our global partner BancTec will take over
our digitizing operations in Sweden, Norway and Poland. This agreement offers opportunities
for both customers and employees to benefit from BancTec's
world-class technologies and competencies. The partnership with
BancTec gives us access to their international digitizing network,
and is supporting our growth strategy to become a leader in the
global buyer-supplier ecosystem business," said Patrik Sallner,
CEO, OpusCapita.
About BancTec
BancTec is a part of SourceHOV.
Our foundation is in financial services with solutions in
FinTech, HealthTech and InsurTech. Whether you're applying for a
loan, reviewing your healthcare information or paying a bill, we're
in the background streamlining the process for those organizations
you work with every day.
By leveraging specialized knowledge platforms, we apply a
strategic mix of solutions and services, coupled with proprietary
technology that incorporates data aggregation, exception handling,
decisioning, and business process automation to deliver true
end-to-end solutions. We provide services to more than 3,000
customers in over 50 countries, including more than 50 percent of
the Fortune® 100, and 120 global banks, from a network
of approximately 120 delivery centers and over 16,000
employees.
Every day we create innovative processes and technology-enabled
solutions that relentlessly drive efficiency. Decades of
experience in transaction processing services and enterprise
information management allow us to be a better partner with our
clients.
By reducing cycle times and enhancing performance we make
businesses work better.
Visit www.sourcehov.com for more information.
About OpusCapita
OpusCapita helps organizations sell, buy and pay more
effectively by providing them with extended purchase-to-pay and
order-to-cash solutions. With 600 million transactions processed
annually by over 8,000 customers across more than 100 countries, we
have created a global ecosystem where buyers, suppliers, banks and
other parties connect, transact and grow. Together with our
customers, OpusCapita is transforming sales, procurement and
financial processes for the digital age. In 2016, OpusCapita's net
sales were EUR 240 million and
employed 2,000 professionals. Founded in 1984, OpusCapita is
headquartered in Helsinki,
Finland. To learn more, please visit www.opuscapita.com.
CONTACT: Christal White,
christal.white@banctec.com
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