Case Study: Fortaco achieves streamlined, on-time financial operations with OpusCapita

Boosting The Efficiency Of Work With Opuscapita

Fortaco, Europe’s leading contract manufacturer for the engineering industry, needed to take over and harmonize the financial management processes of two merged companies (Komas and Ruukki Engineering) that had used different finance methods. To manage this controlled transition across multiple countries and to develop finance operations at a macro level, Fortaco outsourced all of its financial management processes to OpusCapita.

OpusCapita provided a centralized finance services solution—covering purchase and sales invoicing, accounts payable/receivable, travel expenses, fixed assets accounting, general ledger, group consolidation and reporting (Finland, Poland, Slovakia; consolidation includes Estonia and Hungary) and payroll services in Finland. The result was reliable, on‑schedule monthly management reporting after only one minor initial delay, consistently completed consolidations and financial statements against agreed KPIs, freed internal resources to focus on business control, and ongoing efficiency improvements and IFRS transition planning with OpusCapita.

Fortaco

Risto Laaksonen

Group Financial Controller