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NENT Group chooses OpusCapita to centralize cash management operations

Press release   •   Dec 10, 2019 10:00 CET

Nent Group chooses OpusCapita to streamline its cash forecasting processes

OpusCapita, a leading provider of finance and procurement solutions, announces today that Nordic Entertainment Group (NENT Group), the Nordic region’s leading entertainment provider, has chosen OpusCapita to automate and streamline its cash forecasting processes.

Using OpusCapita Liquidity, NENT Group will be able to automate cash flow and bank statement inputs. This will enable the company to shift its focus from data collection to forecast and accuracy analysis. In addition,OpusCapita Payments and other modules offer NENT Group additional possibilities for centralizing cash management further.

One of the key factors in NENT Group’s choice of OpusCapita was the latter’s strong integration and partnership with Treasury Systems. Master data, exchange balance information and cash flow data will be synchronized between the two solutions, providing NENT Group with a solid and dependable financial foundation for treasury and cash management processes.

“OpusCapita have shown themselves to be a responsive and reliable partner. We received great product demos and the cash management team have been very attentive to our needs. We believe OpusCapita are the right partner as we centralize our cash management functions”, says Åsa Skogsfors, Group Treasurer NENT Group.

“I am happy to welcome NENT Group to the OpusCapita cash management family. Partnering with other strong players is a key part of our strategy and it feels great to hear this validated by our customers. I am looking forward to the road ahead”, says Jukka Sallinen, Head of Cash Management, OpusCapita.

About Nordic Entertainment Group

Nordic Entertainment Group AB (publ) (NENT Group) is the Nordic region's leading entertainment provider. We entertain millions of people every day with our streaming services, TV channels and radio stations, and our production companies create content that is experienced around the world. We make life more entertaining by telling stories, touching lives and expanding worlds – from live sports, movies and series to music and original shows. Headquartered in Stockholm, NENT Group is listed on Nasdaq Stockholm (‘NENT A’ and ‘NENT B’).

OpusCapita enables organizations to buy and pay quickly and securely, with a real-time view of their business. Over 3,000 customers in over 100 countries use our source-to-pay and cash management solutions to connect, transact and grow. OpusCapita processes over 100 million electronic transactions annually on its Business Network, which includes approximately 1 million organizations and over 10,000 financial institutions worldwide. More information: www.opuscapita.com

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