Capgemini boosts Stora Enso BPO delivery with extended F&A transformation contract

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Paris – Capgemini, one of the world's foremost providers of consulting, technology and outsourcing services, today announced the extension of its BPO delivery for Stora Enso Oyj, the Finnish pulp and paper manufacturer, with a further transformation program across its finance and accounting (F&A) functions. The new contract has a duration of up to five years.
The partnership will leverage Capgemini’s Global Enterprise Model (GEM)1 to drive transformation to enable cost and talent flexibility, increased quality and also partnership governance, helping Stora Enso to adjust to changes in major market volumes and emerging market growth. It will also allow Stora Enso to remain focused on its core business areas, while enabling it to move its finance function to a model that offers a range of lower variable costs.
The program will streamline finance activities and transactions, improving the performance of end-to-end finance processes across the manufacturer’s entire European portfolio.
Devesh Nayel, Head of Manufacturing for Capgemini BPO comments "Following a long and successful transformation partnership initiated seven years ago, we are very pleased to be extending our relationship with Stora Enso. This new contract will see another major transformational push to drive even further process enhancements and efficiencies, alongside a step change in processing quality."
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