Accountor enhances financial management at Vaasan & Vaasan
Vaasan & Vaasan is the largest bakery business in Finland and the Baltic region. Accountor implemented a project to develop the financial management at Vaasan & Vaasan Oy in autumn 2005. Its purpose was to identify areas for improvement, explore alternative solutions and investigate the possibilities of outsourcing.
As a result of the Planning for Change, several areas were identified for development and automation. The project defined the target state for the financial management, including work organization, process enhancement and optimum system solutions. It was found that a larger portion of the financial administration than Vaasan & Vaasan had originally envisioned was suitable for outsourcing. The company chose Accountor Group to provide the outsourced services.
"The Planning for Change project run by Accountor Group gave an excellent basis for improving our business and for introducing outsourcing. It minimized the risks of outsourcing and produced a clear, shared view of its processes, systems and division of responsibilities. Accountor Group consultants are well versed in the processes and systems of electronic financial management and were quick to pick up the special requirements of our sector. In the course of the project, we learned to know the people from Accountor and how they work. Once a relationship of confidence was established, the outsourcing decision was an easy one," says Juha Karttunen, Group Controller at Vaasan & Vaasan.