September 26, 2011
26.09.2011 Telema partners with Latvian software provider Ankravs to expedite e-invoice penetration in Latvia
The leading EDI operator in the Baltics Telema and the leading business software provider in Latvia Ankravs established a partnership last week, enabling all Ankravs' customers to start using e-invoices and other EDI documents faster and more economically.
An estimated 420 million trade documents (orders, invoices, delivery notes etc.) are circulated in Latvia annually. Less than 1% of that volume is currently digitized. Replacing paper-based processes and starting to use electronic orders and invoices will help to save millions of euros for companies in trade. One step towards more convenient adoption of e-invoices in Latvia is made by this new collaboration between Telema and Ankravs.

"It is my pleasure to announce Ankravs’ partnership with Telema. Telema is well-known for their EDI solutions and their wide network connecting already over 3000 shops and 900 suppliers in the Baltics,” says Janis Ankravs, the CEO of Ankravs. "Ankravs is currently serving over 8000 customers in Latvia, and collaboration with Telema will mean easier access to Telema's network for all our customers.“

In year 2011, Telema has been working towards implementing out of the box “Telema Modules” for the most widespread business software solutions in the Baltics. Having a Telema Module in the software is similar to Internet Bank Modules in all business software solutions — they usually come with the basic package or are easily and quickly ordered from the software vendor. Using a software solution that has the Telema Module implemented gives the customers the opportunity of importing e-orders and exporting e-invoices, with a centrally hosted communication with no need for lengthy and costly developments.

Telema’s Software Development Director Jürgo Preden comments: „Telema realized that for facilitating the growth of our network in the Baltics States, close cooperation with local business software developers is essential. Ankravs is one of the leading business software providers in Latvia, so they were definitely on our TOP partners' list. They are the first partner we signed the contract with and we are very eager to see the first results of the cooperation soon. We believe the collaboration will create value to both — Telema's and Ankravs' — customers.”

Ankravs SIA  is one of the leading business software developers and providers in Latvia. Ankravs product lines are stock, accounting and POS systems adapted for range of businesses 
 trade, services, manufacturing and higher education. Ankravs is currently serving over 8000 customers in Latvia. The company has accumulated invaluable experience being in the market for 20 years. The comfort, safety and efficiency of Ankravs' solutions are highly evaluated by their clients. The company has been honored with high rates from Deloitte & Touche.                   
Telema AS is the leading EDI operator in the Baltic States providing IT solutions for the supply chain processes of trade companies. Telema transfers electronic trading documents such as orders, invoices and despatch advices etc., and processes them according to business rules. There are more than 3000 shops and 900 suppliers in Telema system, more than 6 million documents are exchanged every year. The majority of Telema clients are operating in the Baltics, but Telema has clients also in Finland, Poland, Germany and Netherlands.
Telema AS