System replacement considered for a long time
Loomis Suomi Oy’s CFO, Tuomas Sainio, witnessed the preparations for the system project back at the beginning of the 2010s, when he was still the company’s chief accountant. Sainio held other positions in between, before returning to Loomis Suomi Oy as CFO in 2016. At the same time, he actively began promoting the renewal of the financial management system.
“The main shortcomings of the old solution related to its lack of flexibility and the difficulties in further developing it. A lot of things had to be done manually, and information did not automatically flow between production and financial management. It was also practically impossible to add new features,” he continues.
“As the old system was hopelessly outdated, replacement was the only option. On the other hand, it was still functional enough to postpone the renewal year after year,” says Sainio.