A large Norwegian accounting firm will implement 24SevenOffice AI engine/module as their front system towards all its customers. This will automate up to 70-80% of their manual bookkeeping work. Based on existing invoice volume, estimated growth and expected automation level, this contract will have a total value of approximately 15 MSEK. The rollout starts in Q1 2021 and will be fully implemented during 2021. After the three year contract there is an option to continue at the same terms for another 3 years. This deal is done in cooperation with one of our enterprise integration partners, Propell.ai.
Propell.ai is a Nordic independent consulting firm focusing on exponential technologies. Propell.ai partners with larger private, government and public companies to transform their organizations in the ways that matter most to them. With people in 4 countries propell.ai combine global expertise and local insight to help clients turn their ambitious goals into reality.
This disclosure contains information that 24SevenOffice Scandinavia AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 08-12-2020 15:43 CET.
For further information please contact: Ståle Risa, CEO
24SevenOffice's vision is to empower businesses for the future, through delivering world class cloud based business systems to small and medium-sized companies in the Nordic region. The system is currently used by 56,000 companies in the Nordic region, with PwC and KPMG, among others, as accounting partners. The business system is module-based, where the modules are provided independently or packaged as complete solutions.