Carlsberg chose OpusCapita's Liquidity solution for cash flow
OpusCapita, an Itella Information company, has provided its global Liquidity solution to the Carlsberg Group.
Carlsberg is one of the leading brewery groups in the world with 41,000 employees and a turnover of some EUR 8 billion. The Carlsberg Group’s products are sold in more than 150 markets.
The OpusCapita Liquidity solution’s forecasts and best practice reports enable a streamlined process for cash flow forecasting, better control of finances and more systematic planning. Now both the Carlsberg Group’s treasury and subsidiaries across the globe use one system for forecasting and bank balance overviews. The solution is delivered, hosted and maintained by OpusCapita as a web-based SaaS (Software as a service) solution.
“For OpusCapita, this is an important milestone in the Danish market and the solution also includes connectivity to the two major banks in Denmark, Danske Bank and Nordea,” says Dan Christensen, Country Manager of OpusCapita in Denmark.
“We are pleased that our position as the benchmark in cash flow automation has also been recognized by the leading global knowledge media GTnews, who highly commended Carlsberg’s solution in connection with the 2012 Awards for Global Corporate Treasury,” says Kimmo Kauranen, Managing Director of OpusCapita.
“By introducing a structured global Liquidity solution we have been able to improve our cash forecasting and follow-up processes in an automated way and we also have a strong value proposition for our group companies since the solution enables our reporting entities to follow their own forecasts and outcome,” says Lars Cordi, Group Treasurer of Carlsberg.
For more information, please contact:
Kimmo Kauranen, MD OpusCapita, Tel. +35 8405 092 947
Dan Christensen, Country Manager Denmark, Tel. +45 5051 8200
Lars Cordi, Group Treasurer Carlsberg, Tel. +45 3327 3300
About the Carlsberg Group
The Carlsberg Group is the fourth largest brewer in the world with a large portfolio of beer and other beverage brands. Our flagship brand, Carlsberg, is one of the best-known beer brands in the world, and Baltika, Carlsberg and Tuborg are among the biggest brands in Europe.
Our business is focused in Northern & Western Europe, Eastern Europe and Asia, where we have strong market positions. The rest of the world is serviced through export or licence agreements.
With nearly 30 years of experience in cash management solutions, OpusCapita helps organisations to become more agile and efficient by automating financial processes. OpusCapita’s over 1,600 customers are privately-held companies as well as organisations in the public sector and its software is used in more than 50 countries. OpusCapita is the European benchmark in cash flow automation, investing significantly in R&D to deliver user-friendly, state-of-the-art finance software. OpusCapita employs 140 financial management and IT professionals in Finland, Sweden and Denmark. The company was established in 1984, and since 2011 OpusCapita has been part of Itella Information, a financial process innovator and service provider with operations in 11 European countries.