Business Information eXchange (BIX)

We help you digitize your entire financial supply chain. The cloud services are suitable for all industry sectors and public authorities and they manage transactions in the network between buyers, suppliers and financial institutions, improving working capital and financial risk management.

Solution

Our business message exchange and integration service covers the digitizing of the full financial supply chain, from order to cash and procurement to payment. The delivery is based on a cloud computing approach. The services are compliant with SEPA (Single Euro Payments Area) standards, such as new account numbers (IBAN & BIC), and include e-invoicing, e-financing as well as e-trading.

Benefits

Improved cash flow management means cost reduction up to 1-2 % of the company net sales in e-invoicing only. The services provide better cash visibility, faster process execution and improved information quality related to trading messaging. By digitizing your services you decrease the carbon footprint up to 100 g CO2 on business message.

Why Tieto

We offer complete financial value chain service portfolio from orders to account statements. We are the leading vendor at world's most advanced market (Nordics), with a chance to leverage the service provisioning capabilities at larger opening markets globally.

Connect once – reach all!