Case Study: Wolters Kluwer achieves 60% productivity gains with Powens

Wolters Kluwer boosts productivity by 60% with Powens

Wolters Kluwer, a global provider of information management and software solutions, faced a challenge while transitioning its accounting and cash management services to a more advanced cloud platform. The company needed a specialized partner to provide real-time account aggregation and bank reconciliation services that complied with Spanish and European regulations. They sought a solution that was easy to integrate and would enhance productivity, leading them to partner with Powens.

By implementing Powens' open finance solutions, Wolters Kluwer achieved significant efficiency gains. The partnership with Powens resulted in a 60-70% improvement in accounting times and a 50-60% increase in productivity for bank aggregation. The vendor's expertise, compliance support, and collaborative relationship model were key to this success, enabling Wolters Kluwer to greatly enhance its service offerings.

Wolters Kluwer