Ryan is partnering with Qvalia to provide finance process automation technology to global clients and acquires Qvalia’s recovery audit consulting unit

 Stockholm-based finance process automation company Qvalia recently partnered with Ryan, a global leader in tax services, to expand its joint offering. As part of the partnership, Ryan acquired Qvalia’s VAT recovery audit consulting unit.

“Ryan has a global reach and expertise in business tax; we look forward to working together in helping our joint customers. This partnership enables Qvalia to focus on growing our SaaS platform, and it supports our mission to provide finance teams with the tools they need to automate daily tasks and gain complete control of their financial data, from invoicing and information on suppliers to accounting and spend analytics,” said Henri Taipale, Founder and CEO of Qvalia.

The acquisition of the consulting unit includes 32 experts and Qvalia’s subsidiaries in Denmark, Finland, Norway, and Sweden. Qvalia’s technology unit remains in Stockholm-based parent company Qvalia Group AB.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“This is a strategic acquisition and partnership for Ryan,” said Ryan Chairman and CEO G. Brint Ryan. “Qvalia is the Nordic market leader in VAT recovery audit consulting services and has developed a novel cloud platform to automate invoicing and accounting with significant global potential. We’re proud to welcome Qvalia’s consulting team to Ryan. Our new colleagues bring unique expertise that benefits our clients with business operations in the Nordics and ensures we will continue to be the foremost European tax experts.”

The new consulting unit will become Ryan’s largest European unit and enable expanded expertise in global business tax for private and public sectors. Qvalia’s platform will be offered to Ryan’s customers from 2022.