Visma | Onguard Continues to Grow During Period of Uncertainty

  • Covid-19
  • 02.02.2021 02:23 pm

Fintech company Visma | Onguard, the leading specialists in the order-to-cash process, has continued to expand its capabilities in technology, innovation and security during a challenging period in the financial industry, while growing its operations under the new Visma | Onguard brand following Onguard’s acquisition by Visma in February 2020.

2020 saw the organisation expand its international footprint alongside new rollouts with existing customers, while achieving new business in the UK under the Visma Group umbrella. In addition to engaging with sister companies, new partnerships with and Visma Connect have provided resources and knowledge for Visma | Onguard to apply AI in its cash allocation and a new data storage system for its customers. The fintech leaders have also started the new year strong with the recently announced acquisition of Dutch scale-up, Outstanding24, adding an innovative cloud solution for efficiently organising debtor management for SMEs to its portfolio.

The last six months have also marked a period of strategic appointments within Visma | Onguard. With a focus on nurturing and promoting talent from within, these included Tim Blok to CTO, Debbie Staat to Customer Success and Customer Service Manager, and Cor Makkinje to Professional Services Manager. Adriaan Kom also joined Visma | Onguard from Dun & Bradstreet, taking on the role of Chief Commercial Officer and bringing with him numerous years of experience in credit risk management and order-to-cash.

Thanks to a positive cashflow, Visma | Onguard has placed emphasis on reinvesting in the development of its products and services. Part of this has been to expand the API platform in its CreditManager product, enabling users to scale up and improve their credit management and wider order-to-cash capabilities. Further developments include facilitating increased internal and external data exchange from credit risk information, additional payment links functionality, credit limits, complaints and payment promises, and the implementation of a new identity management system with single sign-on following customer requests.

Marieke Saeij, CEO of Visma | Onguard, comments: “Despite a very challenging year, I’m delighted that Visma | Onguard has gone from strength to strength. We have seen huge benefits from joining the Visma family, and the bringing together of resources has enabled us to remain financially robust whilst reinvesting in improving our processes and services. I’m proud of how quickly we reacted to changing circumstances due to the pandemic, pivoting rapidly to home working and supporting our people throughout. It’s a testament to our staff that they have adapted to delivering the same great customer service that our clients have gotten used to, despite a time of wholesale change in working practices, and I am looking forward to another successful year ahead.”

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