More NewsOpusCapita to Upgrade Netting System for Mölnlycke Health Care

OpusCapita to Upgrade Netting System for Mölnlycke Health Care

Swedish company Mölnlycke Health Care is about to upgrade its netting system, as part of a new agreement it has with new provider OpusCapita. The project is due to be completed by 1 January 2010.

“For more than a decade, we have seen the advantages of netting. In a situation where the licence of our old factoring system is about to expire, we have been able to realise the technical development that has been going on during this time. Now we are getting a much more flexible and user-friendlier system,” explains Karin Högberg, group treasurer at Mölnlycke Health Care.

Högberg also sees how the new netting system simplifies the integration work related to business acquisitions: “With the previous mainframe computer-based environment, it was complicated and time-consuming to obtain functional reporting and find new common routines. With a web-based system, this is much easier and communications become more efficient. I particularly appreciate the automatic, well-arranged reports,” Högberg adds.

Comments are closed.

Subscribe to get your daily business insights

Whitepapers & Resources

2021 Transaction Banking Services Survey
Banking

2021 Transaction Banking Services Survey

2y
CGI Transaction Banking Survey 2020

CGI Transaction Banking Survey 2020

4y
TIS Sanction Screening Survey Report
Payments

TIS Sanction Screening Survey Report

5y
Enhancing your strategic position: Digitalization in Treasury
Payments

Enhancing your strategic position: Digitalization in Treasury

5y
Netting: An Immersive Guide to Global Reconciliation

Netting: An Immersive Guide to Global Reconciliation

5y