Tieto renews financial accounting system for VR Group

Tieto renews financial accounting system for VR Group

ID: 22209

(Thomson Reuters ONE) -


Tieto Corporation   Press Release   10 June 2010 at 10.00 am EET

Tieto will deliver a SAP based financial management accounting system to VR
Group. The system renewal stems from the standardisation of VR's financial
management processes and practices. The delivery covers VR Group's financial
management operations in Finland and units abroad. The system will be available
in VR's Finnish group companies by the end of 2011, and the entire delivery will
be completed during 2012.

"We are currently concentrating financial management operations in a Group-level
unit, which requires reviewing the financial management operations as a whole.
The system renewal gives an ideal support to the standardisation of financial
management practices and processes, and provides an opportunity to reduce the
number of systems we currently use," says Heli Lehtonen, Senior Vice President,
Finance, VR-Group Ltd.

"SAP projects hold a key position in our strategy. We believe that our SAP
skills and experience in financial management development projects will help VR
to raise financial management processes and services to a new level," says Rolf
Lindén, Head of Retail and Logistics at Tieto, Finland.

This year, the parties have also signed an agreement on an e-Infra service,
which ensures the availability of dozens of different network services to VR's
customers. For example, the e-ticket service used by consumers operates on
Tieto's e-infra platform. This operating environment provides secure
business-critical production and test use for network services and ensures high
availability.

For further information, please contact:
Tommi Tumanoff, Senior Sales Manager, Tieto Finland, Retail and Logistics, tel.
+358 50 345 7858, tommi.tumanoff(at)tieto.com
Riitta Lankinen, Director, Accounting Services, VR, tel. +358 40 866 5878,




riitta.lankinen(at)vr.fi
Markku Laakso, VR, Head of IT Development, tel. +358 40 862 1721,
markku.laakso(at)vr.fi


TIETO CORPORATION
DISTRIBUTION
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Tieto is an IT service company providing IT, R&D and consulting services. With
approximately 17 000 experts, we are among the leading IT service companies in
Northern Europe and the global leader in selected segments. We specialize in
areas where we have the deepest understanding of our customers' businesses and
needs. Our superior customer centricity and expertise in digital services set us
apart from our competitors. www.tieto.com

VR-Group Ltd, owned entirely by the Finnish state, employs approximately 12 500
people. Rail transport services account for approximately 51 percent of VR
Group's net sales and road services for approximately 20 percent. VR-Track Ltd
is responsible for track maintenance, construction, design and development. VR
Group also includes Avecra Oy, which provides catering and restaurant services,
and Corenet Ltd specializing in telecommunication services. Altogether VR Group
comprises 31 companies.


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Bereitgestellt von Benutzer: hugin
Datum: 10.06.2010 - 09:00 Uhr
Sprache: Deutsch
News-ID 22209
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