Isola AS optimizes its finance department with Compello
Written by Thea Krekke
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In today's technological era, it's crucial for businesses to embrace digital transformation to stay competitive. Isola AS, a leading player in its industry, is an excellent example of how the right technology partner can aid in streamlining and enhancing the performance of the finance department.
Isola AS, is a renowned manufacturer, supplier, and innovator within the construction industry in Norway since its establishment in 1940. The company specializes in developing and producing roofing and moisture-proofing products designed to withstand the harsh Nordic climate.
Isola prioritizes sustainability and eco-friendly solutions to protect buildings and conserve the environment for future generations.
Time is money, also for Isola AS, and with increasing success since its inception in 1940, efficiency is crucial for such a large company. Isola AS has considered efficiency from the beginning and has been a customer of Compello since 2007! Together, we have gone through several technological advances, the latest being the journey to the cloud.
Gro Andorsen has had a long career in the finance department and worked at Isola AS for several years. She does not miss the days of paper invoices and scanning! "Since 2007, we have been loyal users of Compello, from the time it was installed locally at our premises to now in the cloud. The transition was quite significant, but it has always worked well! Despite having many systems to deal with, Compello receives the fewest complaints!"
Large volume of invoices
With Aspect 4 as their ERP system and Compello Process for invoice flow, they streamline the management of a large volume of invoices, over 20,000 Norwegian and foreign invoices annually. Before Compello was introduced to the finance department, this process was time-consuming, cluttered, and prone to errors. Now, Isola AS has automated over 50% of the processes, freeing up valuable time and resources that can be allocated to other tasks.
Not only do they produce roofing and moisture-proofing products for the global market, some of them are also avid ice bathers! Every week, the (toughest) crew takes a short walk down to the water and clears their minds and health with a refreshing dip.
The cheerful ice bathing crew! Photo: Porsgrunn Dagblad / Stine Thon
But the transition to cloud-based solutions is not just about automation; it's also about accessibility, flexibility, and security. By moving their financial systems to the cloud, Isola AS has achieved increased availability and scalability, while also reducing the risk of data errors and loss.
Less work with invoice management, more time for ice bathing!