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Cramo's invoices worldwide to go through Itella Information


Itella Information and Cramo, a machine and equipment rental company, have concluded a contract on the handling of Cramo Group's outbound and inbound invoices. Itella will handle the comprehensive processing of Cramo's sales and purchase invoices in as many as ten countries. This cooperation will be launched in the Nordic countries, with the intention of expanding later into the Central and Eastern European countries in which Cramo operates. With Itella's help, Cramo can receive electronic invoices that are compatible with its own systems. Itella will make the necessary modifications to the e-invoices so that they can be handled in Cramo's purchase invoice processing system. Printed invoices will be scanned by Itella. Itella will deliver Cramo's sales invoices to customers, either as e-invoices or traditional printed invoices. For an international company, it was important to find a partner that was able to handle both printed and electronic invoice flows in different countries.

- We wanted a reliable supplier who could provide us with competitive and modern services in all our areas of operation. It is easy to conduct business in one uniform manner rather than using a different invoicing method in each country. At the same time, we are creating a shared basis for a comprehensive development of our processes at group level, states Martti Ala-Härkönen, Financial Director at Cramo Group.

Cramo has a total of 300 offices in the Nordic countries, the Baltic countries, Russia, the Czech Republic, Slovakia and Poland. Itella Information offers invoicing and document management services in 14 countries. At the moment, Itella is expanding in Russia and Central Europe, in particular. 

- Itella Information's task is to support its customer companies in moving from printed to electronic processes. Practices are different in different countries, as is the readiness to move, for example, to e-invoicing. We have the appropriate tools and services for each customer's and markets' needs, explains Miikka Savolainen, Director at Itella Information.

For further information, please contact:
Martti Ala-Härkönen, Financial Director, Cramo Plc, tel. +358 40 737 6633
Miikka Savolainen, Director, Itella Information Ltd, tel. +358 40 753 6484
Satu Linkola, Contact Person, Communications, Itella, tel. +358 400 967 836

Cramo Plc provides equipment rental services and rents and sells modular space.  Its equipment rental services comprise construction machinery and equipment rentals and the related services. In its field, Cramo is the leading service provider in the Nordic countries and Central and Eastern Europe. Cramo operates in 11 countries with approximately 300 offices and a staff of circa 2,700. Revenue in 2007 amounted to a total of EUR 496 million. Cramo's share is quoted on the OMX Nordic Exchange Helsinki. For further information, please visit: www.cramo.com.

Itella Information boosts the efficiency of financial information flows and leads the way in electronic invoicing in Europe. Services comprise solutions for the efficient processing of incoming invoices within the organisation, and for cost-effective sending of invoices, electronically or on paper. Itella Information operates in more than ten European countries with a staff of circa 2,000 professionals. Net sales in 2007 amounted to EUR 201 million. Itella Information business group is part of Itella Group. For further information, please visit www.itella.com/informationlogistics