OpusCapita Solutions Oy Strengths, Domain Expertise, and Key Differentiators
OpusCapita is a European provider of source-to-pay and e-invoicing solutions for large and medium-sized organizations. Their cloud-based solutions help businesses manage their e-procurement and accounts payable processes, lowering costs while improving control and supporting growth.
OpusCapita Solutions Oy Recent Developments
In June 2020, OpusCapita's parent company Providence Strategic Growth (“PSG”), the growth equity affiliate of premier global asset management firm Providence Equity Partners (“Providence”) entered into a definitive agreement with Analyste International Oy (“Analyste”), a Finnish specialist in the provision of cash management and treasury solutions, whereby a new company, which will own OpusCapita’s Cash Management business segment, will acquire the Analyste platform to create a leading pure-play cash management solutions service (the “NewCo”) in the Nordics. Financial terms were not disclosed.
Pursuant to the agreement, OpusCapita has obtained the regulatory approvals required to separate the Cash Management business from the Source-to-Pay segment. PSG, the sole shareholder in OpusCapita, will own a majority stake in the NewCo, and Verdane – a Northern European growth equity investor and Analyste’s primary sponsor – will own a minority stake alongside the companies’ management teams. The NewCo will provide SaaS solutions that drive efficiency through process automation for approximately 2,300 customers in the SMB, enterprise and public segments operating in more than 100 countries. With the help of these solutions, customers will be able to improve cash visibility and forecasting, streamline processes, and enforce robust governance. Importantly, this combination will accelerate the innovation of new services to enhance customers’ and employees’ experiences. The new group will have the resources to address the international cash management market and be better-positioned to address customers’ increasingly complex cash-related issues. The NewCo will have over 140 employees located primarily in the Helsinki area and Tampere in Finland, as well as in Stockholm, Sweden, Toruń, Poland, and Chandigarh, India.
In Octomber 2019, OpusCapita strengthened its MRO portfolio with several high profile wins in the Nordics such as Peab and Equinor. At its core, MRO has everything to do with managing information and helping systems (and processes) communicate such that the individuals interacting within MRO have connected processes/systems and high-quality supplier and product data to work with. OpusCapita is a recognized provider for solutions that cater to these specific MRO needs.
OpusCapita Solutions Oy Mergers and Acquisitions (M&A) Activities
In March 2019, Posti Group Corporation sold OpusCapita Solutions Oy to a fund managed by Providence Equity Partners L.L.C (Providence). Providence is a premier global asset management firm with over $40 billion in aggregate capital commitments. The divestment is in line with Posti Group’s strategy to focus on Postal, Parcel & E-commerce and Logistics services. The parties have agreed not to disclose the transaction price. The change in ownership comes as the next natural step for OpusCapita Solutions and is planned to enable stronger investment in product competitiveness and global growth in the future. With support from Providence, OpusCapita strengthens its capabilities as a leading platform, empowering customers to securely digitalize business processes to enable a real-time view of the business. As a first step, OpusCapita will accelerate its transition to a cloud-based SaaS platform.
OpusCapita Solutions Oy Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying OpusCapita Solutions Oy applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of OpusCapita Solutions Oy and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified OpusCapita's Source-To-Pay customers.
OpusCapita Solutions Oy Overview
Ownership: - x
Number of Employees: 350
Functional Markets: Procurement,
Key Verticals: Automotive, Banking and Financial Services, Distribution, Federal Government, Life Insurance, P&C Insurance, Specialty Insurance, Life Sciences, Manufacturing, Professional Services, Retail,
OpusCapita Solutions Oy Key Enterprise and Cloud Applications
OpusCapita Solutions Oy Revenues, $M:
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* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
OpusCapita Solutions Oy Revenue Breakdown By Type, $M:
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OpusCapita Solutions Oy Enterprise Applications Revenues By Functional Markets, $M:
OpusCapita Solutions Oy Enterprise Applications Revenues By Verticals, $M:
OpusCapita Solutions Oy Revenues By Region, $M
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OpusCapita Solutions Oy Direct vs Indirect sales
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OpusCapita Solutions Oy Customers - Breakdown by Geo, Size, Vertical and Product
No. of OpusCapita Solutions Oy Customers: 3000
No. of OpusCapita Solutions Oy Enterprise Applications Customers: x
No. of OpusCapita Solutions Oy Cloud Customers: x
No. of OpusCapita Solutions Oy Cloud Subscribers: 1 Million
Over 3,000 customers in over 100 countries use OpusCapita's source-to-pay, cash management and product information management solutions to connect, transact and grow. OpusCapita processes over 220 million electronic transactions annually on its Business Network, which includes almost 1 million organizations and over 11,000 financial institutions worldwide. Some of their customers include SectoAutomotive, Alko, ApoteksGruppen, Etola Yhtiot, Jernbaneverket, Johnson & Johnson, Jungheinrich, Monier, Munich RE and others.
OpusCapita Solutions Oy Market Opportunities, M&A and Geo Expansions
In January 2020, OpusCapita appointed Robert Saenger as Head of Source-To-Pay (S2P). Robert became Managing Director for OpusCapita Solutions Germany. Robert joins OpusCapita from eProcurement provider SynerTrade and brings with him more than 20 years of experience in the global S2P market. In the past, he has held various senior management positions in product management, product development and also professional services.
In September 2019, OpusCapita received funding from the EU grant in E-Invoicing (CEF). OpusCapita has applied for the funding for development with the help of Leading Management Technology Group (LMT) and the project coordinator, Universitat Politècnica de Valencia (UPV). The objective of the EURINV project is to upgrade and uptake e-invoicing solutions from 7 EDI providers (which are certified PEPPOL Access Points), as well as the solutions from two entities participating as use cases, to comply with the European Standard (EN) on electronic invoice.
In July 2019, OpusCapita has been awarded with the 2019 SWIFT Certified Application Corporate Cash Management label. This is the fourth year in a row that OpusCapita’s cloud-based cash management solution has earned this label. The SWIFT Certified Application labels are granted to providers that offer solutions that meet the strict requirements set by SWIFT. OpusCapita’s cash management solution is integrated with the SWIFT Alliance Lite2 service, which enables companies to access the global SWIFT network of over 11.000 financial institutions in more than 200 countries and territories world-wide.
OpusCapita Solutions Oy Risks and Challenges
In September 2020, OpusCapita Appointed new CEO to Lead Continued Growth and Transformation. Changes in Leadership and acquisition from private equity firm could shake up OpusCapita's future strategy and growth.
OpusCapita Solutions Oy Ecosystem, Partners, Resellers and SI
Opuscapita does mostly direct sales.
OpusCapita Solutions Oy Cloud Infrastructure Insights
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Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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