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Most of us receive invoices every week, even on a daily basis. In the Nordics alone, around two billion invoices are sent out each year. Across Europe, this number skyrockets to 40 billion. Here at Ropo, we manage over 180 million invoices annually, primarily serving Finland, Sweden, and Norway, but reaching 45 different countries worldwide.
A large number of these invoices travel the globe as digital data, yet a significant portion still arrives in paper form. This not only harms the environment but also creates inefficiencies for companies and frustration for recipients.
While Scandinavia leads in digitalizing invoices, the overall process remains fragmented and complex. Companies often juggle multiple partners for delivering invoices, monitoring payments, and managing reminders and collections. Sales ledgers are usually handled in-house but require numerous integrations and IT projects to function efficiently – a challenging and time-consuming task for any organization.
At Ropo, we exist to beat this friction. Our vision is a better-flowing economy, which means focusing even more strongly on building strategic partnerships to help our clients to beat complexities and transforming the invoicing flow end-to-end.
We help CFO offices unify and streamline invoicing workflows, improving cash flow and control.
Plus, we take care of our clients’ customers with top-class service and modern platforms for tracking invoices and payments.
All of this is achieved through one single platform. Ropo is the only player with Nordic scale and a fully integrated tech platform, setting us apart in the market.
This year is a landmark for us at Ropo. We’ve grown to become the Nordic market leader in invoice lifecycle services, serving over 10,000 clients. Our platform, Ropo One™, sees nearly 2,500 daily user sessions, and our client retention rate among Ropo One™ accounts is an impressive 99%. Our services are in high demand and continue to expand.
As part of our growth strategy, we’ve revealed a new brand identity and updated commercial offering. At the core of our services is the proprietary Ropo One™ platform and the Ropo OneView business intelligence tool, which enables state-of-the-art KPI monitoring and cash flow forecasting. Our goal is simple: to be a tech-enabled service provider to the CFO office.
Our journey to becoming the Nordic market leader has been transformative and inspiring. The rebranding to Ropo and our new visual identity reflect our commitment to innovation and excellence. Our platform and services offer unmatched value to our clients for digitalizing workflows, managing cash flow and DSO, and unify overlapping processes.
This marks the beginning of the next phase of our growth journey, helping companies throughout the Nordics make data-driven decisions to optimize their performance. Together we can make your business flow.
Ilkka Sammelvuo
CEO of Ropo
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