Equinor chooses OpusCapita for global requisitioning
OpusCapita to deliver a one-stop-shop solution, enabling Equinor requisitioners to order maintenance parts, and indirect materials and services.
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OpusCapita to deliver a one-stop-shop solution, enabling Equinor requisitioners to order maintenance parts, and indirect materials and services.
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This blog is based on our recent e-invoicing compliance webinar by Kamil Cichocki and Sami Nikula on 6th of September 2024.
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OpusCapita, a GEP company On July 1st, a major milestone was announced: GEP, a global leader in AI-driven procurement and supply chain solutions, officially acquired OpusCapita. As the CEO of OpusCapita, I’m thrilled about this new chapter - not just for us, but especially for our customers. This acquisition infuses fresh energy into our journey, bringing exciting new opportunities and possibilities for everyone involved. But what does the future hold for OpusCapita as a GEP company? Let’s explore the key areas where this new partnership is set to drive growth, innovation, and lasting value for us all. From Northern Europe to a truly global presence One of the most transformative changes is our expanded global reach. OpusCapita’s roots may be in Northern Europe, but with GEP’s network of 6,000 professionals now across over 30 countries, we’re now stepping onto a truly global stage. For our customers, this means eventually broader support and service delivery, no matter where they are located. Whether it’s wider reach or even better local expertise, this global expansion opens new doors for seamless service worldwide. Uniting procurement expertise and driving business growth OpusCapita’s strength in procurement solutions is now supercharged by GEP’s global capabilities. Our customers can now look forward to even more comprehensive end-to-end solutions tailored to their specific needs, improving efficiency and helping businesses grow. With the added advantage of AI-driven insights, we’re heading toward smarter, predictive procurement ecosystems that can not only automate tasks but also forecast trends and identify optimal strategies. This acquisition also creates exciting cross-selling opportunities, especially in areas like e-invoicing and accounts payable (AP). Global e-invoice compliance and future-proof solutions As e-invoicing regulations become more complex and widespread, compliance is crucial. With this merger, we’re well-positioned to deliver industry-leading global e-invoice compliance solutions. Our customers can expect future-proof services that adapt to both local and international regulations, ensuring they stay ahead of the curve, no matter where they operate. As regulatory demands evolve, we’re committed to setting new benchmarks in this space, keeping our customers compliant and competitive. Innovation and leadership in AI The future of procurement and financial solutions lies in AI, and both GEP and OpusCapita share a strong commitment to this vision. By combining our insights, we can help customers optimize procurement strategies, predict market trends, and streamline operations like never before. This leadership in AI ensures our clients remain at the cutting edge of technology, benefiting from smarter, more predictive systems. Our focus remains on delivering systems that can both handle routine tasks and navigate complex scenarios with ease. Beyond SaaS: Consulting, outsourcing, and process expertise While technology is a key driver, the consulting and process expertise we bring to the table is just as vital. This partnership isn’t just about delivering Software as a Service (SaaS); it’s about offering holistic solutions that combine advanced technology with deep process understanding, consulting, and strategic outsourcing. Customers can look forward to comprehensive support, from process optimization to strategic transformation, helping them scale and adapt in an ever-changing environment. Stability, growth, and shared values For our customers and employees, this merger represents more than a business deal - it’s a deep alignment of culture and values. Both GEP and OpusCapita are dedicated to fostering growth, stability, and professional development. GEP’s status as a privately owned company sets it apart from investor-driven firms, allowing us to focus on long-term success rather than short-term gains. This private ownership ensures that our strategic vision and core values guide our actions. As a result, our teams will gain new career opportunities, and our customers will benefit from consistent, value-driven service. This merger positions us to lead globally in procurement and supply chain management, with GEP’s industry expertise driving continuous innovation and stability that OpusCapita alone could not have achieved. Looking ahead This merger is more than just a business deal - it’s a strategic alignment designed to redefine the future of procurement, e-invoicing, and supply chain management. The journey ahead is full of promise, and we’re eager to share these advancements with our customers around the world! See also
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Understanding the nuances behind the differences in e-invoice mandate involves delving into both straightforward and complex factors.
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The case IRF is about how OpusCapita provided compliance and efficiency through e-invoicing solutions to The Swedish Institute of Space Physics (IRF).
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Germany has introduced a B2B e-invoicing mandate to be fully effective from the 1st of January 2028 onwards, following the EN 16931 standard from the European Committee for Standardisation (CEN) and ViDA initiative.
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Poland’s e-invoice mandate will be enforced in alignment with EU directives, this mandate expects businesses to issue and receive invoices electronically through the National E-Invoicing System (KSeF)
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E-invoicing in Poland is becoming mandatory and a CTC (Continuous Transaction Controls) model is being implemented in July 2024.
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The Finnish Government is mandating the Peppol orders in Finland, coming into effect on April 1st, 2024, which will lead to a more widespread adoption of the standard.
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Cut the cost of invoicing from 28 euros for paper to 3,91 euros or much less for e-invoices with less delays, manual work, and errors.
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Aug 2023 - The international ISO 27001 certification is not only an official proof but also a tool for systematically keeping a high security level.
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The university offers their suppliers multiple e-invoicing options, including Peppol and online invoice portal for small businesses.
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June 2023 - Realstocks partners up with OpusCapita to provide an integrated Invoice Sending service as a part of the Realstocks platform.
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Our small and cozy Latvia office is loved by our local OpusCapitans in product, implementation, and IT.
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Peppol orders have massive unused potential. We interviewed two Peppol authority representatives about their use today and in the future.
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Where are we with Peppol invoices now and in the future? We asked Peppol authority representatives Keijo Kettunen and Anderz Petersson.
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Build up your 100% digital supply chain with end-to-end order, delivery and invoice management for cost savings, accuracy, and high automation.
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Advantages of guided buying in a well-integrated procurement system include spend under management, sticking to frame agreements, and cost savings.
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While electronic invoicing has become business-as-usual, digitalization of B2B trade has not extended to purchasing and ordering.
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How to transition efficiently to e-invoicing and digital invoice sending process in your Accounts Receivable?
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