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Headquartered in Norway, Lorentzen & Stemoco is a leading provider of shipbroking and consulting services with offices in Oslo, London, Vancouver, New York, Singapore, Beijing, Geneva, Antwerp and Shanghai. A developer who was working on a Microsoft SharePoint project for Lorentzen & Stemoco introduced the IT team to K2. He proposed using K2 to develop automated workflows, integrated with the company’s existing Microsoft application platform.
Following the deployment of K2-based workflows at Lorentzen & Stemoco, the organisation’s core business processes became more efficient. Employees no longer waste time handling paper documents, retyping information or searching for the latest versions of contracts. This improved productivity enables the organisation to be far more responsive to its clients and provide a better quality of service.
Benefits: "From our calculations, K2 offered us immediate return on investment…It cost less to purchase K2’s business application software than develop a bespoke workflow solution ourselves using SharePoint." — Lars Henrik Folke Ossum, ICT Director.