Cognizant, a leading provider of consulting, and business process outsourcing services, and Visma, a leading provider of business software and services for accounting and administration, has announced that they have entered into an outsourcing arrangement with Norway Post, the leading Norwegian postal and logistics services company owned by the Norwegian Ministry of Transport and Communications. Norway Post is engaged in the development and delivery of integrated, value-adding communications and logistics solutions to domestic and international customers through physical and electronic networks.

As part of the multi-year deal, Cognizant and Visma will collaborate to deliver finance and accounting services to Norway Post. The services delivered span the entire value chain of transactional finance services, ranging from accounts payables and receivables, to fixed assets, general ledger, and period-end closing.

Visma will combine its local Norwegian accounting and regulatory expertise with Cognizant's global delivery model, transaction processing capabilities, and Oracle solution accelerators to deliver significant process improvements, greater operational efficiencies, increased automation, enhanced productivity, and a high-quality customer experience.