From consultancy to AI-powered SaaS

Qvalia is a Swedish fintech company and leading Peppol provider that delivers business transaction infrastructure for e-invoicing, AP/AR automation, and order management. Their platform connects 10,000+ companies across 35+ countries, helping businesses streamline financial workflows, improve data quality, and gain real-time insights into their financial operations.

The Challenge

Qvalia started as a consultancy in transaction management in 2019. When they planned to evolve into a comprehensive SaaS platform, they needed a reliable technology partner to help them transform their business model and build a scalable, AI-powered solution for automating finance, procurement, invoicing, and order management processes.

Our Partnership

Since partnering with Qvalia in 2019, Ascentic has provided comprehensive consultancy and staffing support throughout their transformation journey. Our team has been instrumental in helping Qvalia evolve from a consultancy into a robust SaaS company.

We've supported Qvalia across critical areas:

• Product Management - Strategic planning and roadmap development
• Software Architecture - Building scalable, modern infrastructure
• Development - Full-stack implementation.
• Quality Assurance - Ensuring reliability and performance
• Data Management & Machine Learning - Implementing AI-driven automation

The Solution

Today, Qvalia offers a comprehensive suite for automating and optimizing finance, procurement, invoicing, and order management. Their platform includes powerful features such as:

• E-invoicing capabilities
• Structured data processing
• API integrations for seamless connectivity
• Peppol network support for standardized electronic procurement
• AI agents and automation tools for workflow optimization
• Real-time insights for accounting and procurement teams
• Enhanced data quality management

The platform leverages AI agents and automation tools to streamline financial workflows, enhance data quality, and deliver real-time insights for accounting and procurement teams, helping businesses optimize their financial operations.

The solution was built using modern, scalable technologies:

• Frontend: React Native, Angular
• Backend: Node.js, Python
• Cloud Infrastructure: AWS, Amazon Aurora, Amazon Bedrock, Amazon SageMaker
• Additional Tools: Various AWS services for scalability and performance

The partnership between Qvalia and Ascentic has resulted in a successful transformation from consultancy to a fully-fledged AI-powered SaaS platform. Qvalia now serves businesses across multiple sectors, helping them automate complex financial processes and gain valuable insights through their comprehensive platform. The platform is ISO 27001 and ISO 22301 certified, and holds CSA STAR Level 1 accreditation, reflecting its commitment to enterprise-grade security and business continuity.

You can learn more about Qvalia AB here