DivestGroup
Kutomotie 2,
Helsinki, 380,
Finland
Helsinki, 380,
Finland
358 50 5913535
Banking and Financial Services
DivestGroup Technographics
DivestGroup Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by DivestGroup and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 150 DivestGroup employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that DivestGroup has purchased the following applications: Basware AP Automation for AP Automation in 2013, Microsoft 365 for Collaboration in 2015, Ionic Platform for Apps Development in 2016 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems DivestGroup is running and its propensity to invest more and deepen its relationship with BasWare , Microsoft , Ionic or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing DivestGroup revenues, which have grown to $11.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for DivestGroup intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
DivestGroup Tech Stack and Enterprise Applications
DivestGroup ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| BasWare | Legacy | Basware AP Automation | AP Automation | ERP | n/a | 2013 | 2013 |
In 2013 DivestGroup transitioned to Basware AP Automation, moving to Basware’s latest AP Automation solution built on the Alusta platform. The deployment targeted the finance organization at the Finland-based banking and financial services firm with approximately 150 employees, consolidating accounts payable processing under a single application and modern platform.
Basware AP Automation was configured to deliver core AP Automation capabilities including automated invoice capture and image recognition, electronic invoicing support, three-way and two-way matching, configurable approval workflows, exception handling and supplier self-service for invoice submission. The implementation emphasized touchless processing rules and workflow orchestration to reduce manual routing and to centralize invoice lifecycle management.
Architecturally the solution was implemented on the Alusta platform to provide a platform-centric approach to centralized invoice processing, role-based approvals and configurable business rules. The platform deployment enabled standardized data models, centralized document archival and AP reporting capabilities consistent with AP Automation functional expectations.
Rollout focused on process standardization within the accounts payable and broader finance function, supplier onboarding to the new invoicing channels and governance of approval authorities and exception resolution workflows. The program reflected DivestGroup’s objective to modernize AP operations and to maximize the benefits of automation and newer technologies offered by Basware AP Automation.
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DivestGroup Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft 365 | Collaboration | Collaboration | n/a | 2015 | 2015 |
In 2015, DivestGroup implemented Microsoft 365 to address Collaboration needs across its 150 employee, Finland-based banking and financial services operations. The deployment is visible on their public site where Office 365 Mail is used as the external email channel, indicating cloud tenant provisioning and public domain routing were established as part of the rollout.
Configuration centered on Microsoft 365 core collaboration capabilities, including Exchange Online email routing and mailbox configuration, SharePoint Online for team sites and document collaboration, OneDrive for Business for individual file sync, and Microsoft Teams for internal communication and meetings. Microsoft 365 was provisioned as an integrated productivity suite to support email, document management, and synchronous collaboration workflows commonly required in financial services.
Operational coverage targeted corporate communications, client-facing contact forms on the website, and internal knowledge management across finance, compliance and operations teams in Finland. Governance and operational controls were implemented at the tenant level, covering domain DNS and mailbox provisioning for Office 365 Mail, role based access to collaboration resources, and administrative tenant management to align collaboration usage with corporate IT policies.
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DivestGroup PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Ionic | Legacy | Ionic Platform | Apps Development | PaaS | n/a | 2016 | 2016 |
In 2016 DivestGroup implemented Ionic Platform for Apps Development on its public website. The implementation established Ionic Platform as the primary framework for the company website, aligning the Apps Development effort with customer facing web delivery for the banking and financial services firm. This placement positioned the Ionic Platform to provide a consistent UI layer across desktop and mobile browsers.
The work focused on the Ionic Platform's client side UI component library, theming system, and routing capabilities, configured to enforce brand consistent layouts and responsive grids. Developers organized a shared component library and reusable UI patterns to standardize form handling and navigation flows across the site. Common front end build pipelines were used to bundle, optimize, and deploy assets for production.
Available information indicates use of Ionic on the public website only, with the Ionic Platform delivering the presentation layer and progressive web app behaviors to browser clients. Operational ownership rested with web development and digital channels teams, affecting marketing and customer experience workflows by centralizing UI components and release artifacts.
Governance emphasized component level versioning and staged rollouts to control changes to the live site, with design tokens and a shared component catalogue to limit UI divergence. The Ionic Platform remained the standardized Apps Development framework for DivestGroup's website, providing an extensible front end architecture for ongoing site evolution.
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Transactional Email | PaaS |
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2016 | 2016 |
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DivestGroup IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Application Hosting and Computing Services | IaaS |
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2014 | 2014 |
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Application Hosting and Computing Services | IaaS |
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2021 | 2021 |
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IT Decision Makers and Key Stakeholders at DivestGroup
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by DivestGroup Executives
APPS RUN THE WORLD tracks software evaluation trends across 2 million companies worldwide, including buyer insights from DivestGroup IT executives and key decision makers. As part of ARTW Buyer Intent and technographics insights, these findings provide useful visibility into the DivestGroup digital transformation priorities and AI adoption trends.
| Date | Company | Status | Vendor | Product | Category | Market |
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FAQ - APPS RUN THE WORLD DivestGroup Technographics
DivestGroup is a Banking and Financial Services organization based in Finland,
with around 150 employees and annual revenues of $11.0 million.
DivestGroup operates a diverse technology stack with applications such as
Basware AP Automation, Microsoft 365 and Ionic Platform,
covering areas like AP Automation, Collaboration and Apps Development.
DivestGroup has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as BasWare, Microsoft and Ionic.
DivestGroup recently adopted applications including
Google Cloud Platform (GCP) in 2021, Ionic Platform in 2016 and SparkPost in 2016,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of DivestGroup’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates DivestGroup’s profile with verified software purchases,
vendor relationships, and digital initiatives identified from public and proprietary sources.
Subscribe to APPS RUN THE WORLD to access the complete DivestGroup technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.