Azets acquires Norian's payroll business in Finland
Azets, the leading provider of technology and outsourcing services within payroll, HR and accounting in the Nordics, acquires Norian’s payroll and travel & expense business in Finland.
Outsourcing of payroll and HR services is constantly increasing in Finland, both in the private and public sectors, regardless of the size of companies and organizations.
"Norian's payroll and travel & expense business complements our existing service offering and growth in Finland. Both Azets and Norian are focusing on delivering high quality and automated services utilizing advanced technology, cloud solutions and robotics process automation. Through this acquisition we in Azets are able to offer our customers even broader nearshoring solutions”, says Ulla Nikkanen, Director of Payroll & HR BPO at Azets.
"Norian will in the future focus on F&A services in Finland based on its delivery model containing nearshoring, local Finnish expertise and RPA solutions. This is also the fundament for Norian deliveries in the other Nordic countries as well as for our operations in Germany”, says Knut Anders Opstad, CEO at Norian.
As a result of the transaction, the customer contracts and personnel working in Norian's payroll services in Jyväskylä and Tallinn will be transferred to Azets. After the acquisition, Azets employs nearly 700 experts in Finland and Estonia and Azets’ revenue in Finland will rise to 62 MEUR.