News

28/10/2015

Data Mining Services Provider, Transparent, Hires Former Exact Exec Niels Kraaijeveld as New CFO

Amsterdam, The Netherlands, 28 October 2015 – Transparent, specialized in P2P data mining and recovery auditing services, announces the appointment of Niels Kraaijeveld as Chief Financial Officer (CFO). Niels Kraaijeveld formerly worked at Exact, IBM, PWC, Deloitte and Arthur Andersen. In his new role, he will be responsible for all Finance related matters of the globally operating Transparent Group BV and its affiliates.

Founded in 2000, Transparent is ‘The Financial Data Monetizer.’ The data mining services provider utilizes proprietary data mining technologies and accompanying auditing services to transform clients’ financial data into unexpected money. Transparent creates value out of its client’s raw data by discovering and recovering vendor overpayments, duplicate payments, tax credits, open credits and unclaimed property.

Niels Kraaijeveld brings more than 20 years of experience to Transparent, including 10 years holding finance related positions at the former “big five” audit and consulting firms, PWC, Deloitte and Arthur Andersen.

With an average growth of 40 - 60% year-on-year, Transparent has been recognized as one of the fastest growing technology companies in the Deloitte Fast 500™ EMEA (2013). The company has processed over € 2,8 Trillion in spend data to date. Headquartered in the Netherlands, Transparent has offices in several key European capitals, USA, Mexico, South Africa and India.

Previously, Mr. Kraaijeveld served as Corporate Finance Director at Exact, a global business software provider employing 1,550 people in 15 countries. He also worked for Consul, an international software company sold to IBM. Mr. Kraaijeveld completed the integration of the acquired Consul Risk Management business into IBM.

Finance, Accounting, Controlling

Niels Kraaijeveld most recently completed several advisory and interim assignments for various SMEs as well as Arcplan, an international software and services company. With a Post Master degree in Finance, Accounting and Control (RC), Kraaijeveld is an all-round, business-oriented Finance professional with his responsibilities ranging from Finance, Accounting and Controlling to Treasury, Tax, Legal, Procurement, HR, ICT and Facilities.

“I’m very pleased to be assigned as Transparent’s new CFO,” said Niels Kraaijeveld. “Transparent is one of the leading data mining services companies in the world with a true global reach. It also has unique and innovative data analysis tools that create high value and cash for its clients. Further, Transparent is an entrepreneurial organization and a continuously growing company - organically as well as via partnerships and acquisitions. This fits well with my previous executive experiences and I’m very excited to work for this international fast growing company. I expect to be a good addition to the Management Team of Transparent, helping the company and its shareholders achieve further sustainable growth.”

Willem-Jeroen Stevens, CEO of Transparent, “The Management Team of Transparent is looking forward working with Niels. During the selection process we got to know Niels as a hardworking and highly skilled CFO. The recommendations from his previous colleagues and managers were outstanding. He turns out to be a result-driven personality, a team player with strong technical and analytical skills. His career path shows that he has the skills and experience that Transparent is looking for in a CFO.”

This year, Transparent will grow over 100%,” added Mr. Stevens. “With the help of Niels, we shall continue our aggressive growth strategy autonomously but also through several planned acquisitions.”

About Transparent

Founded in 2000, Transparent is ‘The Financial Data Monetizer.’ Through the use of proprietary and innovative data mining software tools and accompanying services, Transparent creates value out of its client’s raw data by discovering and recovering vendor overpayments, duplicate payments, tax credits, open credits and unclaimed property. Transparent deploys continuously evolving technology, best-in-class service and international experts to optimize its clients' efficiency, processes and financial strength.

By continuously empowering its clients to achieve their maximum potential, Transparent has established its reputation as the fastest growing global data mining and recovery audit service provider in the industry. Transparent’s achievements have been recognized by Deloitte twice, in the Technology Fast500™ EMEA (2013) and Technology Fast50™ (2011).

Headquartered in the Netherlands, Transparent has offices in several key European capitals, USA, Mexico, South Africa and India. Transparent has processed over € 2,8 Trillion in spend data to date. The company is provided with an innovative capital solution by RiverRock European Opportunities Fund (RiverRock EOF). For more information visit: www.transparent.eu or  www.transparentusa.com.

For more information:

Eric van Marle (VP Global Sales & Marketing)   
eric.vanmarle@transparent.eu
T: +31 (0)6 13 53 39 58
T +31 (0)20 468 46 48

Niels Kraaijeveld (CFO)   
niels.Kraaijeveld@transparent.eu
T: +31 (0)20 468 46 48

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