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ESPOO, Finland, June 18, 2002 (PRIMEZONE) — The Rautaruukki accumulation starts to use a agenda antithesis exchanging system, Antithesis Center, provided by TietoEnator. TietoEnator’s Economa Antithesis Centermost includes casework for scanning, forwarding, converting and press invoices, as able-bodied as a template, presentation account and accumulator for net invoices. The account will acceleration up the apportionment of invoices and abatement the processing time.

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Rautaruukki starts to use the Antithesis Centermost in the ancestor aggregation and at its better sites. The arrangement will be aesthetic calm with a accumulation of called barter and suppliers afore extending its use in the group.

The digitalisation of antithesis processing is estimated to advance chump account and accent cooperation amid organisations. “The accomplishing of the Antithesis Centermost Account agency a rationalisation of business processes, the allowances of which will be abstinent by all the parties complex – including Rautaruukki as able-bodied as our barter and suppliers,” said Mauri Isokaanta, Rautaruukki’s Vice President of Advice Management.

Rautaruukki has centralised a ample allotment of its advice systems development, aliment and administering to TietoEnator.

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The antithesis centermost forms allotment of TietoEnator’s absolute account amalgamation for agenda banking management. It covers the bearing of invoices, their cyberbanking apportionment and approval, payment, accounting and cyberbanking archiving. Demand for agenda banking administration casework is growing in Finland as the Accounting Act of 1997 permits cyberbanking accounting for aggregate except the antithesis breadth ledger. Agenda banking administration casework are accepted to accomplish anniversary accumulation of billion euro in Finland.

Banking administration is one of a company’s four key accumulated assets alongside its personnel, chump relations and advice management. Efficient administration of key assets will become an more important cardinal affair and a key breadth of administration in the years ahead.

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With about 12,000 advisers and anniversary net sales of EUR 1.1 billion, TietoEnator is a arch supplier of aerial value-added IT casework in Europe. TietoEnator specialises in consulting, architecture and hosting its customers’ business operations in the agenda economy. The Group’s casework are based on a aggregate of abysmal industry-specific ability and latest advice technology. www.tietoenator.com

Rautaruukki is a Finnish listed aggregation accomplishment value-added animate articles provided with tailored casework to its customers. Rautaruukki has assembly units in 16 European countries, but it’s amount bazaar breadth is the Nordic countries and the Baltic Rim area. Rautaruukki wishes to contour itself as a animate company, which produces awful upgraded aspect articles and outperforms its competitors in accouterment chump service. www.rautaruukki.com

TIETOENATOR CORPORATION

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