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Visma Finance chooses Tieto’s platform for factoring

30 August 2019

The new finance company of leading ERP provider Visma has chosen Tieto's platform ProFinance to offer factoring to its Swedish SME customers.

"The key for Visma Finance to be able to succeed and scale as needed was to choose standardised and proven components in the IT setup. In our requirements it was therefore important to select a partner with extensive domain knowledge and Nordic presence. This led us to choose Tieto and we feel confident about growing our customer offering beyond Sweden and including factoring in our solutions", says Johannes Hill, CEO, Visma Finance.

The platform enables Visma Finance to provide factoring to its rapidly changing operating environment. Tieto’s ProFinance will provide Visma Finance a modular automated platform improving operational efficiency and user experience.

“We’re excited to help Visma Finance establish factoring in the Nordics. Factoring is one of the fastest growing services within the corporate finance market, and our factoring solution, which in the case of Visma Finance combines our software platform and BPO service, boosts our customers’ business with fast time to market and flexibility for growth,” says Olof Dedering, Vice President, Credit Solutions and Services, Tieto.

Johannes Visma.jpg

Johannes Hill, CEO, Visma Finance

About Visma

Visma delivers software that simplifies and digitises core business processes in the private and public sector. The Visma group consists of over 200 companies across 16 countries worldwide. Their unique structure allows them to be close to the local markets while sharing world-class competence across the organisation. www.visma.com

About Tieto

Tieto aims to capture the significant opportunities of the data-driven world and turn them into lifelong value for people, business and society. We aim to be customers’ first choice for business renewal by combining our software and services capabilities with a strong drive for co-innovation and ecosystems. www.tieto.com

For more information:

Olof Dedering, Vice President, Credit Solutions and Services, Tieto, olof.dedering(at)tieto.com

More about Tieto leasing and asset finance solutions

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