Qvalia’s strategies and solution offerings thrive on three fundamentals: insights, improve, and categorization. The insights aspect of their engagement relates to the steps a company should take to automate data management in an agile environment. To improve the data quality of the invoices, Qvalia offers free e-invoicing to increase the adoption rate, automated invoice validation and a monitored supplier registry.
What sets us apart is our ability to bring incremental change in information flows without disrupting the existing systems
With these capabilities Qvalia’s customers save time and cost as they no longer have to spend on the laborious and resource-intensive accounting and spend analysis procedures. Moreover, high data quality and data categorization provide the foundation for big data analytics and works outside current systems. “Basically, we are laying the groundwork for managing information in a highly productive manner. What sets us apart is our ability to bring incremental change in information flow without disrupting the existing systems,” says Taipale.
To further augment the transparency and control over the flow of financial information, Qvalia offers recovery audit and VAT services which can be used ‘as a service’ or can be purchased as separate tools. The toolset offers pointed solutions to a company’s individual transaction-related problems, allowing them to remain focused on their information and carry well-planned digital transformation initiatives that guarantee business success.
In an instance, one of Qvalia’s customers, a leading management publication company in the Nordics, wanted to automate all their financial processes. With Qvalia, the client could take the necessary steps to future-proof their sales. The client secured their customer’s invoices and automated the entire accounting process that resulted in greater financial benefits.
As one of the fastest growing company in the Nordic region, Qvalia is planning to expand its solutions portfolio across Europe. The company will continue to bring in innovation across markets by enabling more companies to leverage its platform and maximize their automation potential in their transaction processes.