Significant Milestones Achieved for Addedo Sweden.
2008-02-02 : Stockholm, Sweden
Addedo (Sweden), a premier international consultancy organisation working for the Group Finance office and CFO, announced today that the company’s strong growth last year, and progress made on strategic initiatives have set the stage for increased performance throughout 2008.
A highlight across strategic areas underlines some of this significant progress:
Performance Summary
Addedo hit several strategic milestones including:
- Increased recurring revenue generated by signing several service contracts with clients;
- Large increase in revenue from application consulting, especially around Financial Consolidation and Reporting;
- Break through into the Information Management space with new projects and customers;
- Significant growth in headcount during the last months of 2007. New recruitment campaign to be launched in February 2008.
- Move into a new and modern office in World Trade Center Stockholm.
New Customer Engagements
Recently, Addedo has successfully secured several service contracts with new clients. To these new belong; Praktikertjänst – Sweden’s largest group of companies within the sector for private dental care, healthcare and care organizations with 2500 practices throughout Sweden – and AtriumLjungberg – one of Sweden’s largest real estate companies with a focus on commercial real estate. The company is listed on the Stockholm Stock Exchange.
Furthermore Addedo Ab has entered into the space of information management with a new assignment at Diaverum – formerly Gambro Healthcare, one of the world’s leading providers of rental services for over 15 years. Diaverum’s operations currently span 14 countries
Addedo has been assisting in outlining how information management can support Diaverum’s strategic vision. Even more so, Addedo is engaged to overlook the implementation of a financial reporting software. Making sure it is designed and configured so that it measures, analyzes and optimizes business performance efficiently and supports Diaverum’s strategic objectives.
Kristi Härdig, IT manager at Diaverum Sweden explains: “Overcoming these challenges means you need to find people who know more than just technology. At Addedo we have found these people. They know business processes, organization, project management and the relevant technology solutions as well as the challenges and potential problems we are facing in our project. The perfect cocktail for group finance”
Beijer Electronics – a fast growing multinational automation company has engaged Addedo to help them with looking at and coming up with relevant metrics, key performance indicators and creating reports and analysis.
Building a Partner Network
Addedo Ab has continued building its partner network.
The two most important partnerships last year were the ones with Cognos and Pointer. Addedo Ab has benefited a great deal already from the general agreement that was closed between Cognos and Addedo in Zurich last year. It is currently being localized for Sweden. Addedo and Pointer have entered into a strategic partnership to deliver on CPM (corporate performance management) and BI (business intelligence).
Significant growth in headcount
Addedo has taken on great many new consultants recently. “As demand for our services continues to increase, we look forward to growing our ranks with the best consultants in our targeted areas“, says Christina Peterson, Consultancy Manager Addedo. She continues, “to cater for this continued growth of our ranks we are in the progress of establishing programmes designed to help us take on junior consultants as well and have in production early on.”
“We are pleased with our overall achievements during the past year and attribute this success to a very dedicated and client-oriented team of talented consultants“ said Johan Berggårdh, MD of Addedo Ab. He continues, “we plan for growth and are excited about the year to come.” Ola Dahlbåck, Sales Manager Addedo Ab adds “Our focus on group finance; reporting and consolidation specifically have proven to be a key differentiator for us in the marketplace.”
Contact
Christina Peterson, Consultant Manager Addedo Ab
+46 766 450 716 or christina.peterson@addedo.com
Ola Dahlbåck, Sales Manager Addedo Ab
+46 766 450712 or ola.dahlback@addedo.com
Johan Berggårdh, Managing Director Addedo Ab
+46 703 217732 or johan.berggardh@addedo.com
About Addedo
Addedo is an independent consultancy. Our consultants work for the CFOs and Group Finance function. We identify and implement improvements in partnership with our clients. Through information technology and process changes we help transform these improvements into better corporate performance. We serve a large client base ranging from emerging businesses to the largest Fortune 3500. Common for many of our clients is that they want to improve and support their reporting and consolidation process.
Addedo has offices in Sweden and Switzerland and the UK. This is where the bulk of our customers are located, even though many of our consultants are engaged in projects throughout Europe.
We strive to be the pan European consultancy partner to Group Finance.
Everybody here at ÅF has been super happy with Addedo and specifically you Cecilia – your competence, your commitment and your social talent. If it were not for you keeping everything together, we would definitely not have made it. You are on top of the list for our future needs. Johan, thank you for lending us a SUPER PROJECT MANAGER.
-Kerstin Salmen, Financial Controller, ÅF