Vantaa, 1230,
Finland
Fazer Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Fazer and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 8496 Fazer employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Fazer has purchased the following applications: EpiServer CMS for Web Content Management in 2005, Tealium IQ Tag Management for Tag Management in 2019, Aico Financial Close Automation Platform for Financial Consolidation and Close in 2020 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Fazer is running and its propensity to invest more and deepen its relationship with Optimizely , Tealium , Aico Group 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 Fazer revenues, which have grown to $1.24 billion 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 Fazer 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.
Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Optimizely | Legacy | EpiServer CMS | Web Content Management | Content Management | n/a | 2005 | 2005 |
|
CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Tealium | Legacy | Tealium IQ Tag Management | Tag Management | CRM | n/a | 2019 | 2019 |
|
EPM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Aico Group | Legacy | Aico Financial Close Automation Platform | Financial Consolidation and Close | EPM | n/a | 2020 | 2020 |
In 2020, Fazer implemented Aico Financial Close Automation Platform, a Financial Close Automation solution to centralize month end close orchestration across its corporate finance function. The Aico Financial Close Automation Platform was positioned to consolidate close task sequencing and provide a single system of record for close activities and reconciliations.
Functional implementation focused on core close capabilities typical of Financial Close Automation, including task orchestration and scheduling, reconciliation automation, intercompany matching workflows, close checklists and approvals, and standardized close reporting. Configuration work emphasized role based access and templated close tasks to enforce consistent procedures across accounting teams and legal entities.
Integrations were established with Fazer systems that the finance organization uses, including SAP for general ledger and subledger feeds, Twin and Ememo for bank statement and reconciliation inputs, and Nomentia for payments and cash operations, while Aico connectors handled orchestration and status propagation. Data flows were organized so that GL transactions and bank statement reconciliations could update close task status and control evidence within the close platform.
Governance was structured around a centralized close office model that enforced standardized templates, approval workflows, and automated notifications to controllers and shared accounting teams. Rollout and process adoption emphasized embedding the Aico Financial Close Automation Platform into existing month end routines and adjusting workflow ownership and sign off procedures to match the new orchestration layer.
|
ITSM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Application Performance Management | ITSM |
|
2021 | 2021 |
|
IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2014 | 2014 |
|
|
|
|
|
Content Delivery Network | IaaS |
|
2021 | 2021 |
|
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