20 Dec. 2021
trueLedger is live! First customers including Pax Group, nag informatik ag and JAROWA AG have been onboarded
trueLedger, the first contract platform for buyers and providers of external services is live! First customers including Pax Group, nag informatik ag and JAROWA AG have been onboarded.
"It's great to see how much we were able to achieve after only 6 months of development", says Heiri Angele, Co-Founder and CTO, happily. "Our solution already covers many contractual features and functions, is multilingual and supports a wide range of currencies. Based on a stable and secure architecture, we can scale, integrate other systems via API interfaces, and further expand the range of functions together with our customers."
Axel Brohm, Co-Founder and CPO adds, "We were aware that it would not be easy to implement Computed Contracting for external services. Contracts have a lot of structural variations, but we can now see how efficiently it works!"
At Pax insurance group, there is also anticipation of the next phase: "Our goal was to have a solution at hand with little set up effort, that efficiently manages our portfolio of contracts with external service providers, brings us instant transparency and makes the work of our internal service recipients, e.g. project managers or operations managers, easier." says Christoph Jorns, Head Planning & Controlling at Pax Group. "The unique functionality of trueLedger and the great dialogue with an innovative Swiss-based company is convincing. We are happy that the solution is available now and can be introduced step by step to our external service providers."
trueLedger (www.trueledger.net), a Swiss Fintech, offers a digital trading platform that manages end-to-end external service contracts of all kinds (consulting, IT development, legal services, business process outsourcing, contractors and other services) from contract to invoice. As the world's only platform with computed contracting technology, trueLedger acts as a "single point of truth" for both contracting parties, allows full transparency in real time and automatically generates correct invoices that never need to be checked again.
Pax Group (www.pax.ch) includes Pax Holding (cooperative), Pax, Swiss Life Insurance Company AG (Pax), Pax Asset Management AG (Pax AM) and Creadi AG. Together, they form a strong team built on the values of sustainability, independence, and 100 percent self-financing. The cooperative idea is at the heart of the company’s culture. It is deeply rooted in the articles of association of Pax Holding, which unites the three subsidiaries Pax, Pax AM and Creadi AG under one cooperative umbrella.