Tag: Finland

NetPosti to be integrated with S-Bank’s online bank

S-Bank and Itella have concluded a cooperation agreement to integrate Itella’s electronic transaction service NetPosti with S-Bank’s online bank.

– Via NetPosti, we will be able to make eInvoices, looking exactly the same as traditional paper invoices, available in our online bank alongside other electronic documents, such as payslips, sent as letters. This will render our online bank more diverse than ever before”, says Pekka Ylihurula, managing director of S-Bank.

He is confident that the use of eInvoices will become increasingly more common once electronic invoice data becomes as easy to read as a paper version.

According to Jukka Alho, Itella President & CEO, this cooperation, which combines online bank transactions with electronic official communication, will make everyday transactions more fluent.

According to Mr Ylihurula, Itella’s determined efforts to develop electronic transactions further and the ability to manage large customer volumes, alongside the positive feedback received from NetPosti users, made it easy to start cooperation.

This partnership will make an electronic, intelligent archive available for S-Bank customers via the online bank.

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Itella Information is expanding to Russia and Central Europe

Itella Information is expanding its operations to Russia and Central Europe. During early autumn 2008 Itella Information starts operations in Moscow and Bratislava. Russian and Central European information logistics markets are growing and new services related to outsourcing of information flow processes are welcomed. At the end of the year Itella Information will also start in Hungary, Czech Republic and Austria.
Earlier this year Itella Information expanded to Poland and created a joint venture with Norway Post in the field of information logistics in Norway. Itella Information operates already in Finland, Sweden, Denmark, Norway, Germany, Poland, Estonia, Latvia and Lithuania. At the end of the year it has operations already in 14 countries.
Itella Information provides services for the processing, management and delivery of information flows. As a market leader in Northern Europe Itella Information offers solutions for both physical and electronic information flows helping customers move to e-transactions.

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The transaction between Itella Logistics and Russian NLC finalized

Itella Logistics’ acquisition of leading Russian warehousing operator NLC (National Logistic Company) has officially closed.
The acquisition agreements were signed at the end of April this year. The closing of the acquisition took place after the passage of all necessary procedures and obtaining merger approvals by Russian FAS (Federal Antimonopoly Service). Finalization of the transaction allows Itella Logistics to start the integration process with NLC, and to develop the new Itella-NLC brand in the Russian market.
The acquisition is an important step in implementing Itella Logistics’ business strategy in Russia and consolidates its position in the international market. -The deal will reinforce the position of Itella Logistics as one of the strongest logistics operators in Northern Europe and make it a one of the market leaders in the rapidly growing Russian logistics market. Itella Logistics will provide and develop further logistics services throughout Russia via its extensive logistics centre network and transport connections, Mr Vertanen, Head of Itella Logistics Business Unit commented.

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Finland still lagging behind in consumer e-invoicing

Finland has yet to make any headway with regard to switching to the e-invoicing of consumers, even though we are already one of the international leaders in business-to-business e-invoicing. According to an extensive Itella Information survey, Denmark holds the lead in both consumer and business e-invoicing. The survey was conducted in Finland, Sweden, Norway, Denmark and Germany during the spring of 2008. Consumer interviews were used to investigate over 3,300 people¡¦s experiences of e-invoicing. More than 1,600 people were interviewed with regard to business-to-business invoicing.
According to the survey, consumers in the Nordic countries and Germany around 7 to 8 per person monthly.ƒ{receive roughly the same number of invoices Hard copy is still the most common invoice format, with the exception of Denmark. In all of the countries, however, hard copies¡¦ share of all invoices has decreased since 2006.
Denmark is in a class of its own with regard to e-invoicing. Only 32 per cent of Danish people nowadays report that they receive their invoices primarily in hard copy format. In the other countries around 75 per cent of consumers receive their invoices primarily in hard copy format. The Danes receive their e-invoices through both the online bank and invoice issuers¡¦ websites or invoice and e-commerce portals.
The Finns and Danes exhibit contrasting conduct with regard to payment, too. In Finland, online banking is commonly used for payments, while few invoices are received there. Danes commonly receive reminders of their due invoices through an online bank, but favour direct debiting.
In Finland, almost 80 per cent of large companies plan on sending the majority of their invoices in electronic format within 2 to 3 years. Among SMEs, Finnish ones are the most eager to make the switch to e-invoicing. Some 78 per cent of Finnish SMEs believe that they will be solely or partially using e-invoicing within the following 2 to 3 years.
– According to our survey, almost all businesses and organisations intend to make the switch to e-invoicing in the forthcoming years. The only exception is Germany, in which only 65 per cent are considering this. The underlying reason for Finnish businesses¡¦ enthusiasm for e-invoicing is the desire to achieve time and cost savings through this invoicing method, Savolainen states.
According to the survey, Finnish SMEs will be switching to e-invoicing in a more pronounced fashion than elsewhere.

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Ingram Micro chooses PNL as their logistics partner

Since 2007 PNL has distributed more than one million parcels for Ingram Micro in the Nordic region. The agreement, which is one of the most extensive shipment agreements in the Nordic region, will be renewed for one more year.

Ingram Micro sends more than one million parcels per year from their Nordic main storage in Rosersberg. The main part of their distribution takes place in Sweden, but Denmark is a close follower. PNL is responsible for all Nordic distribution, including return shipments, which results in ten trucks per day.

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