Innofactor Plc Stock Exchange Release November 28, 2014, 16:05 Finnish time
Innofactor Business Solutions Oy, which is part of Innofactor Group, has entered into an agreement with Enfo Zender Oy to deliver a Microsoft Dynamics AX-based financial management services platform to Enfo Zender. The value of the agreed first phase of the project is about 0.5 million euros. The agreement includes an option for further development of the platform. The solution is planned to be delivered during the years 2014 and 2015.
”The platform to be delivered by Innofactor will be part of Enfo Zender’s ZmartFinance project, in which a generic financial management services platform is conceptualized and implemented. With this platform, Enfo Zender will offer financial services to its customers. The ZmartFinance project is strategically significant for Enfo Zender and the implemented platform will be the core of new business”, says Enfo Zender’s Business Director Laura Rantanen.
”For Innofactor, this deal is significant and further strengthens Innofactor’s position as a supplier of Microsoft Dynamics Enterprise Resource Planning systems in Finland. Innofactor’s offering covers Microsoft Dynamics AX and Microsoft Dynamics NAV”, states Sami Ensio, CEO of Innofactor.
Enfo Zender, a Finnish subsidiary of Enfo Oyj, is an IT service provider specialized in financial outsourcing services. Enfo Zender employs 120 IT and financial management professionals. www.enfo.fi
Espoo, November 28, 2014
INNOFACTOR PLC
Sami Ensio, CEO
Additional information:
CEO Sami Ensio, Innofactor Plc
Tel. +358 50 584 2029
sami.ensio@innofactor.com
Distribution:
NASDAQ OMX Helsinki
Principal media
Innofactor is one of the leading Nordic IT solution providers focused on Microsoft platforms. Innofactor delivers business critical solutions and maintenance services as a system integrator and develops its own software products and services. Innofactor’s own product development is focused on Microsoft’s Windows Azure-based cloud solutions. Innofactor's customers include over 1,000 private and public sector organizations in Finland, Denmark, Sweden and elsewhere in Europe. The company has about 400 motivated and skilled employees in a number of locations in Finland, Denmark, and Sweden. From 2009 to 2013, Innofactor's annual net sales growth has been 43 percent on average. Leading Finnish business publication Kauppalehti selected Innofactor as the most successful company on the Finnish stock exchange in 2013. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ OMX Helsinki Oy.