Looking back at 2024 in mySupply
2024 came and went, and it has been yet another year of growth at mySupply. There has been a strong focus on expanding and strengthening the VAX360 product suite to keep delivering high quality and value for our customers. New partnerships and collaborations have emerged, which not only have strengthened our product, but also opened up new market opportunities.
Another year of growth at mySupply
In the beginning of 2024, we had the pleasure of inviting to reception in our new office space in Nørresundby. The new location has played a significant role in marking a new era for mySupply, and has contributed to improved working conditions and environment.
It holds value to us to have moved closer to the Aalborg area, where many of the new employees are from. About 15 new colleagues have been added to the team during 2024, and mySupply now consists of more than 35 full-time employees and student workers. The growth in employees relates strongly to the growth in mySupply’s customer portfolio. 40 new customers have been welcomed, which increases the need to hire more people in both development and customer service.
“It was the right decision to move to Nørresundby to have more room to grow and get closer to Aalborg’s student environment, where we see a large part of our future workforce coming from. The past year we have added several student workers to our team. They add value in our day-to-day operations, but also they become part of our own ecosystem to ensure future ressources in terms of full-time employment”, says Allan Freiheit, CEO in mySupply.
VAX360 procure-to-pay product suite
In recent years, the VAX360 product suite has been expanded with several value-adding solutions, and this past year was no exception.
Among the latest additions to the product suite is a purchasing module that streamlines and simplifies procurement processes for our customers, as well as an invoice-approval module that makes it easier to validate and process invoices quickly and efficiently. We have also introduced payment functionality, enabling cross-platform and system payments. With the new additions to the VAX360 suite, we can now cover all parts of the procure-to-pay process, making it easier for customers to consolidate all processes in one place.
Breaking down borders and establishing new partnerships
As part of mySupply’s growth strategy, there has been an expanded focus on international markets this past year. New legislations are emerging in European countries, and mySupply’s products can help ensure local compliance.
A significant milestone was reached in November, when mySupply’s first German partnership was established. As our partner, QITS GmbH will offer their customers the VAX360 product suite, supporting German companies with additional functionality to ensure compliance with the latest requirements for B2B e-invoicing in Germany.
«We have been targeting the German market specifically, as we are aware of the significant potential and demand for solutions like ours. Therefore, it was a great pleasure that we in the fall could sign the first partner agreement in Germany with QITS,» explains Peer Lohmann, Sales Manager at mySupply.
During 2024, several dialogues surfaced with both public and private institutions in Greenland about our solutions to streamline internal business processes. Already in late 2024 and early 2025, the first customers in Greenland have successfully implemented VAX360.
Regarding the new partnerships in Greenland, Allan Freiheit, CEO of mySupply, expresses, «We are incredibly proud to have been chosen as the preferred partner for Greenlandic companies. Just like we have a solid foothold in the Danish public infrastructure, we are now also part of the Greenlandic.»
