Tieto Oyj : Tieto and YAP Solutions to collaborate as electronic invoicing operators

Tieto Corporation         PRESS RELEASE         29 January 2013 at 10.00 am EET

Tieto and YAP Solutions Oy have agreed to cooperation on electronic invoicing services for B2B use. Both Tieto and YAP Solutions Oy are e-invoice service providers.  

The new operator agreement covers both submission of sales invoices and receipt of purchase invoices, which means that it will provide YAP Solutions' corporate customers with e-invoice exchange services. Printing and scanning services are also included in the service package. YAP Solutions' customers will thus be able to benefit from Tieto's comprehensive operator network long experience and diverse service offering.      

"Co-operation with Tieto enables us to offer a more extensive service package to our corporate customers. This is an ideal addition to YAP's already extensive service package," says Ville Kaksonen, Business Line Manager, eBusiness, at YAP Solutions.  

YAP Solutions Oy also offers companies effective solutions for financial management, Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM). Mobile solutions and accounting firm services provided by YAP Accounting Oy (a subsidiary of YAP Solutions Oy) can be added to the service package.

"This agreement will enable us to better serve our SME customers and increase the number of customers who use our e-invoice service. YAP's existing customer base and focus on growth provide a strong foundation for a quick and easy increase in the number of electronically exchanged invoices. Working together with YAP, we are committed to actively developing our operating model and services, based on the feedback from end customers. We can also proactively take into account any changes affecting the data content of an invoice, thus providing end customers with a high-quality invoice transmission service," says Harri Korhonen, Channel Sales & Partner Manager, Value Networks, Tieto.

For further information, please contact:
Harri Korhonen, Channel Sales & Partner Manager, Value Networks, Tieto, tel. [phone], harri.korhonen(at)tieto.com

Ville Kaksonen, Business Line Manager, eBusiness, YAP Solutions Oy, tel. [phone], ville.kaksonen(at)yap.fi

TIETO CORPORATION

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Tieto is the largest Nordic IT services company providing full life-cycle services for both private and public sectors. The company has global presence through its product engineering business and the global delivery centers. Tieto is committed to develop enterprises and society through IT by realizing new opportunities in customers' business transformation. At Tieto, we believe in professional development and results.

Founded 1968, headquartered in Helsinki, Finland and with approximately 17 000 experts, the company operates in over 20 countries with net sales at approximately EUR 1.8 billion. Tieto's shares are listed on NASDAQ OMX in Helsinki and Stockholm. Please visit www.tieto.com for more information.

YAP Solutions Oy is an IT service company focusing on system solutions for companies and organizations. IT service packages include assessment of customer needs and consulting services, system delivery and comprehensive operation service and support. Corporate service packages include financial management, accounting services, e-invoicing, CRM and ERP services, as well as mobile solutions. www.yapsolutions.fi