June 02, 2014
28.05.2014 Telema partners with Finvalda to spread EDI in Lithuania
Telema established a partnership with one of the biggest software providers in Lithuania Finansu Valdymo Sistemos UAB  enabling all clients of Finvalda business software to start using e-invoices and other EDI documents simpler, faster and affordably.
About 400 million trade documents (orders, invoices, delivery notes etc.) are circulated in Lithuania annually. Less than 2% of that volume is currently digitized. Changing trading processes so that paper documents are replaced with electronic ones would help companies to save millions of litas. The collaboration between Telema and Finansu Valdymo Sistemos is another step towards more convenient adoption of e-documents in Lithuania.

"Partnership with Telema adds another strength to Finvalda software - with Telema EDI module our customers can now have easy and cost efficient access to electronic document exchange,” says Vytautas Bikinas, the Marketing Director of Finansu Valdymo Sistemos . "Over 4000 companies are using Finvalda software and by connecting to Telema EDI System they can do electronic business with additional 4000 potential partners.“

Telema’s Partner Relations Manager Vivian Maripuu comments: „Telema has always valued  close cooperation with local business software providers. We are glad that Finansu Valdymo Sistemos, one of the leading business software providers in Lithuania, agreed to become Telema Certified Partner.”

Telema has been working towards implementing Telema EDI Modules in the most widespread business software solutions in the Baltics. Having a Telema EDI Module in the software enables easy and effortless EDI connection for end users and is similar to Internet bank modules in all business software solutions. Telema Certified Partners offer EDI functionality as a standardized solution in their softwares. Using a software solution with the implemented Telema EDI Module enables customers to import e-orders and export e-invoices, as well as other electronic documents with fast and easy activation.
Finansu Valdymo Sistemos  offers a range of business management software - Finvalda - to satisfy the needs of small, medium and large enterprises. Operating since 1996, the company has gained the trust of more than 4000 Lithuanian businesses in trading, industrial, construction and public sectors. UAB Finansu Valdymo Sistemos was one of the first Lithuanian companies who started developing business software. As a result of the continuous development the company provides one of the most widely used software on the market.

Finvalda is Telema certified software
Telema AS