KONICA MINOLTA BUSINESS SOLUTIONS ASIA ACCELERATES DIGITAL TRANSFORMATION WITH VALTATECH PARTNERSHIPMEDIA RELEASE
- Posted by: admin
- Category: Partnership
- VALTATECH TO IMPLEMENT SOURCE TO PAY (S2P) AND EXPENSE MANAGEMENT AUTOMATION, AS PART OF COUPA BUSINESS SPEND MANAGEMENT IMPLEMENTATION
- SUCCESSFUL BUSINESS-WIDE PROCURE-TO-PAY (P2P) TRANSFORMATION IMPLEMENTED BY VALTATECH WITHIN LESS THAN A YEAR, WITHOUT EXPANDING EXISTING BACK OFFICE TEAM
- KONICA MINOLTA BUSINESS SOLUTIONS ASIA STRENGTHENS OPERATION EFFICIENCY AND ENSURES BUSINESS CONTINUES TO STAY RESILIENT
Melbourne and Singapore, 18 August, 2020 – Konica Minolta Business Solutions Asia, in pursuit of digital transformation and automation, has chosen financial process automation experts, Valta Technology Group (Valtatech), to manage its companywide Coupa Business Spend Management technology implementation. With the aim of automating its source to pay (S2P) and expense management systems, following the completion of a successful, procure-to-pay (P2P) digital transformation.
Valtatech will configure, implement, and manage Konica Minolta Business Solutions Asia procurement automation drive. Enabling the business to drive efficiencies and gain control over its previously, paper-based expense and sourcing systems. Improving the business’s resiliency and control over spend; while boosting its ability to satisfy audit demands and reduce costs, as a result. Providing the visibility and insight the Regional team requires to improve risk mitigation, streamline spend approvals and improve governance.
Miss Hanako Kato, Corporate HQ General Manager at Konica Minolta Business Solutions Asia, says: “Improving the ability of our business to rapidly adapt and respond to business disruptions, safeguard our people, assets, and supply chain; while maintaining continuous business operations has been a priority for our team. Valtatech has been an invaluable partner during the process of transforming our P2P system, which was achieved by our existing team, rather than increasing headcount, and we look forward to growing our relationship to cover other critical systems within the business.”
Miss Hanako Kato continues: “Following the success of the first P2P phase of our digital transformation journey, our partnership with Valtatech has now been expanded to sourcing and expense management, utilising Valtatech’s expertise to tailor Coupa’s Business Spend Management technology for the requirements of multinational businesses.”
Konica Minolta Business Solutions Asia provides office and IT solutions, digital and production print services, and business consultancy across ASEAN, originally selected Valtatech as its implementation partner to manage its transition from a manual and paper-based P2P system in 2019. The new system has helped the Singapore-based team to move away from a paper-based system, which has not only driven down costs; but enabled the business to gain control over procurement spend, rationalize suppliers and negotiate better deals.
Mr Ian Wang, Senior Manager, Regional Supply Chain Centre, adds: “We are collaborating with Valtatech because of their extensive digital transformation experience. Our solution focused services model, together with Valtatech’s unique expertise, and Coupa’s overarching spend management technology, will help my team to effectively adapt to changing requirements; against a backdrop of ongoing budgetary pressures, changing technology and our customer demands.”
Jussi Karjalainen, CEO of Valtatech, comments: “We are very excited to work with Konica Minolta Business Solutions Asia. The project at Konica Minolta is a testament of our strong procurement transformation focus and expertise, on bringing the right processes and technology together. I want to thank Konica Minolta executive leadership for strong prioritisation and sponsorship of the project and I look forward to expanding both the functional and geographical scope of the solution to other regions of Konica Minolta business.”
About Valta Technology Group (Valtatech)
Valtatech partners with companies around the world to simplify their operations, control their spend and focus on value coming in rather than costs going out. Our team has completed more than 60 financial transformation and Shared Services projects in Europe and Asia Pacific that deliver measurable value. Our difference is to understand your business, match the best technology and implement it to your requirements. We leverage our expertise of best practice, a deep knowledge of successful transformation technology implementation for Procurement automation, AP automation to transform your finance and procurement functions.
About Konica Minolta Business Solutions Asia
Konica Minolta Business Solutions Asia is transforming the workplace of the future with its customer-centric solutions and hardware for the digitally connected world. We are committed to create new values for the society with our expertise. From information management to technology enabling tools, the solutions help businesses improve time to information, support mobility, and optimise business processes with workflow automation. Konica Minolta, Inc. has also been named to the Dow Jones Sustainability World Index for seven years in a row. For more information, please visit https://www.konicaminolta.sg/business/