Nokia and Celonis will create new standards of excellence in business processes

NEW YORK & MUNICH–(BUSINESS WIRE)–Celonis, the global leader in execution management, and Nokia today announced a collaboration to develop and create new standards of excellence across multiple business processes.

As part of this collaboration, Nokia will leverage the enterprise-wide deployment of the Celonis® Execution Management System™ (EMS®). Nokia also plans to develop runtime apps and make them publicly available on the Celonis EMS store.

Marco Wirén, Chief Financial Officer of Nokia, said: “With our partnership with Celonis, we are focused on driving the transformation of digital processes across Nokia through continuous improvement. This includes enterprise-wide improvements in levels of automation, transparency, accountability, simplicity and cost-effectiveness.

Nokia first launched a Celonis pilot program in November 2020 covering Order-to-Invoice, Source-to-Pay and Accounts Payable processes. The initial value identified convinced Nokia to expand its use of Celonis across the enterprise. As part of an enterprise-wide rollout, Nokia is now implementing Celonis’ Accounts Receivable, Accounts Payable and Order Management applications. These allow business users to apply data and information to their processes without exchanging or modifying the underlying transaction systems.

Miguel Milano, Chief Revenue Officer and Co-Owner of Celonis, said: “We intend to make Nokia an anchor customer of Celonis EMS. Our vision is that the process improvements we create with Nokia as part of its digital transformation will become benchmarks for business users across many industries. Both companies are committed to achieving this goal and making the applications resulting from our collaboration available on the Celonis EMS Store. These will be pre-built, user-centric applications that meet specific user needs and can be implemented quickly, confidently and efficiently.

Nokia Chief Financial Officer Marco Wirén said, “Sharing our best practices by making these apps available on the Celonis EMS store is part of Nokia’s commitment to innovation and technology leadership. Just as we create value with intellectual property and long-term research in our award-winning Nokia Bell labs, we intend that the runtime applications we build on the Celonis platform will become standards. recognized worldwide.

About Celonis

Celonis helps organizations run their data. Powered by its industry-leading process mining core, the Celonis Execution Management System provides a set of applications, development studio, and platform capabilities for business executives and users to eliminate billions of business inefficiencies, deliver better customer experiences and reduce carbon emissions. Celonis has thousands of customers worldwide and is headquartered in Munich, Germany and New York, USA with 16 offices worldwide.

© 2021 Celonis SE. All rights reserved. Celonis and the Celonis “droplet” logo are trademarks or registered trademarks of Celonis SE in Germany and other jurisdictions. All other product and company names are trademarks or registered trademarks of their respective owners.

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