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OpusCapita: What Makes it Great (E-Procurement SolutionMap Analysis)

OpusCapita is somewhat of a novelty in North America — and is only selectively known at the level of SAP Ariba, Coupa or Basware in parts of Europe. That’s a shame, as OpusCapita could very well be the perfect technology fit for many procurement and finance organizations that do not even know about it. Spend Matters comparatively tore into OpusCapita’s e-procurement and procure-to-pay capability as part of our Q2 2018 SolutionMap benchmark and discovered what makes the provider great.

Nearly all technology providers participating in SolutionMap aren’t perfect (i.e., in analyst speak, “up and to the right”) for every business scenario. Even if a vendor has outstanding capability in certain areas — functionality, services or something else that helps it win business — to perform consistently above the functional and customer benchmark is a rarity. But there are reasons that specialist providers in different markets beat the big names in how they support specific organizational needs. 

“What Makes it Great” is a recurring column that shares insights from each quarterly SolutionMap report for SolutionMap Insider Subscribers, exploring what makes these specialized (and in certain cases not-so-specialized) technology providers great for reasons that a simple graphic would fail to capture. Based on the rigorous SolutionMap evaluation process, customer reference reviews and expert eye from looking at products comparatively during demonstrations, the “What Makes it Great” series takes a fact-based approach to surfacing what makes individual vendors great.

In each research brief we translate each provider’s geek-level secret sauce into plain English and show precisely where the provider excels and where it convincingly “beats the benchmark” in SolutionMap. And we offer up a checklist for ideal customer scenarios in which procurement, finance and supply chain organizations should consider the vendor, along with basic facts to size ‘em up quickly.

OpusCapita: Vendor Analysis (Part 3) — Summary and Competitive Analysis

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The market for cloud-based procure-to-pay technologies continues to get busier. Differentiating between all of the options available can become a full-time job for a P2P process lead. Within this mix, OpusCapita, a Nordics-based firm that includes the acquired and integrated JCatalog solution set, offerings a compelling set of capabilities that, while not widely known outside of Northern Europe, are worthy of shortlist contention in a variety of scenarios, especially when complex indirect procurement, including advanced catalog and product information management, is required.

This Spend Matters PRO Vendor Snapshot provides facts and expert analysis to help procurement organizations make informed decisions about OpusCapita’s solution offering in the supplier management and supplier diversity markets. 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 in the procurement and finance technology areas. Part 2 covered product strengths and weaknesses, and this final installment offers a competitor and SWOT analysis, along with evaluation and selection considerations.

OpusCapita: Vendor Analysis (Part 2) — Platform Strengths and Weaknesses

The procure-to-pay (P2P) solution market continues to heat up in North America. Choices abound for new customers, as well as for those looking to upgrade or take legacy solutions into the cloud. The same is true in Europe, too, as both the same set and an additional group of providers battle it out for e-procurement, invoice-to-pay and trade financing solution dominance, giving procurement and finance organizations an unprecedented amount of choice. Within this mix, OpusCapita, which includes the acquired and now integrated jCatalog solution, offers a compelling mix of capabilities whose strengths are actually quite different from many of the better-known names in the sector.

This Spend Matters PRO Vendor Snapshot explores OpusCapita’s strengths and weaknesses, providing facts and expert analysis to help procurement organizations decide whether they should consider the provider. Part 1 of our analysis provided a company and detailed solution overview and a recommend fit list of criteria for firms considering OpusCapita. The third part of this series will offer a SWOT analysis, user selection guide, competitive alternatives, and additional evaluation and selection considerations.

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

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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.