New connection between Compello and House of Control: AI Booster
Written by Thea Krekke
Compello has recently entered into an exciting partnership with another company in the Visma family: House of Control. Together, we will provide even better solutions in invoice management and contract administration. This partnership signifies a quantum leap in enhancing customer experience and efficiency.
Compellos AI Booster
Compello's AI-powered invoice management solution is now even more robust with access to data from House of Control. This enables us to capture even more invoices and enhances the efficiency of contract administration.
"AI is the caterpillar that never gets full, and good data is its favorite meal. The collaboration with House of Control opens the door to a whole new universe for our customers." Torgeir Letting, MD in Compello.
Perfect Match: Invoice Management and Contract Administration
Behind every recurring invoice lies an agreement between the company and the supplier. According to Letting, this partnership between invoice management and contract administration is a perfect match.
"Signed agreements constitute a significant portion of our customers' other operational costs, such as framework agreements, licenses, rent, or other fixed deliveries. Are the invoices in line with the agreed-upon amounts? With the integration with House of Control, our AI easily provides the answer. This is what we at Compello have been waiting for, and our customers can look forward to it," Letting continues.
Benefits both companies
Compello's customers who utilise House of Control's contract management solution receive improved insight into whether invoices align with the agreed-upon amounts. Furthermore, they gain the capability to more easily track and assess the necessity of each individual delivery.
This partnership also offers significant advantages to House of Control's customers, ensuring a more secure and efficient handling of invoices associated with their company's contracts.
Integrated Workflow
The integration of contract management, invoice approval, and accounting into a seamless process translates to both more secure invoice approvals and more efficient workflows within the finance department.
"Our contract management solution is used every day to ensure that invoiced amounts align with what is stipulated in our contracts. It's a one-stop-shop for all of the company's agreements, saving both frustration, time, and money within the finance department. With the integration with Compello, our contract management solution takes a quantum leap," says CEO Lasse Sten of House of Control.
The partnership between Compello and House of Control marks the beginning of an exciting journey for both companies as part of the Visma family.
"This is just the start of the journey our customers will embark on now that we have become a part of the Visma family, where Compello has already settled in comfortably. Moving forward, we will offer customers increasingly new and integrated solutions, covering a growing portion of CFOs' and finance departments' workflow. These are genuine synergies for the customer," says Sten.
Contact:
Torgeir Letting, CEO of Compello, phone: +47 91 65 55 37, email: torgeir.letting@visma.com
Lasse Sten, CEO of House of Control, phone: +47 91 88 21 25, email: lasse.sten@visma.com
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