Ideapark to outsource its financial administration to Pretax

Finland’s first business city Ideapark will entrust its financial administration services to the Pretax Group. The outsourcing will allow Ideapark to enhance its financial and payroll administration significantly and to improve its business management. Pretax will look after the entire financial and payroll administration of Ideapark in the future. The Pretax real estate service package includes outsourcing services for basic financial administration processes and financial control services. Pretax experts regularly analyse the economic situation of Ideapark and report on its real estate capital income and the financial standing of its investments. Pretax experts support the business development of Ideapark from an economic perspective.

Pretex will also provide Ideapark with the most advanced financial administration applications, including electronic handling of supplier invoices, automated rental invoicing and Internet-based reporting.

“The expertise and experience Pretax has, particularly in providing outsourcing services in real estate financial administration, was the deciding factor for the cooperation,” says Timo Laine, Managing Director of Ideapark. “Versed in financial administration solutions for the real estate field, Pretax can offer the optimum methods and applications for Ideapark’s financial control and reporting. As the largest operator in the field, Pretax is also well based for developing further solutions.”

“We have invested heavily in business area know-how and developed business area specific solutions to be able to support our clients as well as possible in their decision-making. I am very pleased that Ideapark, a front-runner in its field, chose us as its partner,” says Tero Salminen, Consulting Director, Pretax.

Contact:
Pretax Group:
Tero Salminen, Consulting Director
E-mail: tero.salminen[a]pretax.net
Tel.: +358 40 7675311

Ideapark:
Timo Laine, Managing Director
E-mail: timo.laine[a]ideapark.fi
Tel.: +358 40 505 1359

Pretax
The Pretax Group is Finland’s largest financial management and payroll processing services company. Established in 1944, Pretax currently has over one thousand employees. Its clients vary from small businesses to international groups. Pretax operates in Finland, Norway, the Baltic states and Russia, and through its partners in Sweden, Denmark and the United Kingdom.

Ideapark
Business city Ideapark is an indoor shopping centre which will be opened to the public on December 1, 2006. It is located near Tampere in Lempäälä, adjacent to the motorway. Ideapark is one of the biggest commercial centres in Scandinavia, with a total area of over ten hectares. In addition to its 150 shops, Ideapark has several restaurants, the children’s cultural centre Pii Poo, an atmospheric Old Town, and, to be completed in 2007, a swimming hall, a ski tunnel and a youth activity centre named Alamaailma complete with climbing walls.


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