OpusCapita: Vendor Analysis (Part 1) — Background and Solution Overview

When most procurement and AP organizations think of the Nordics and procurement and accounts payable technology, they think of Basware. But there’s a new, re-emerging provider out of Finland (and the broader Nordics) with surprising scale behind it. This provider, OpusCapita, combined organically developed technology assets with the e-procurement and invoice-to-pay capabilities of jCatalog, which it acquired in 2016, and Itella. Today, OpusCapita’s solutions span the gamut of source-to-pay, order-to-cash, cash management, supplier network connectivity and product information management. As a component of its solutions, regulatory and payment integration and compliance is a strength.

This Spend Matters PRO Vendor Snapshot offers an introduction to OpusCapita, providing facts and expert analysis to help procurement and finance organizations make informed decisions about whether they should explore this lesser-known solution provider. Part 1 of our analysis provides a company background and detailed solution overview, as well as a summary recommended fit suggestion for when organizations should consider OpusCapita as a complement to other procurement and finance solutions. The remaining parts of this research brief will cover product strengths and weaknesses, competitor and SWOT analyses, and insider evaluation and selection considerations.