Case Study: PayEx achieves profit growth and strategic focus with Howwe Technologies

PayEx - Customer Case Study

Payex, a payments provider in the Nordic and Baltic regions, faced a challenge with weak financial performance and slow adoption of new products, leading to a low market valuation. They struggled with a silo-based leadership structure and ineffective performance management systems that prevented necessary organizational change.

Howwe Technologies implemented its methodology to help Payex refocus its entire organization. The solution prioritized key goals, created alignment and accountability, and introduced a system of weekly acceleration meetings. Through Howwe, Payex dramatically increased its EBIT from 4% to 10%, grew a prioritized product segment by 12%, and improved employee engagement within 12 months, leading to a successful acquisition.

Payex

Raymond Klavestad

Chief Business Area Ledger & Factoring/Dept Chief Executive Officer