Basware takes HOYTS’ Invoicing to the Cloud

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Espoo, Finland, 25 September 2018 – Basware (Nasdaq: BAS1V), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, today announced HOYTS is the latest in a string of customers who have moved their invoice processing software solutions to the cloud with Basware. Following a long-term relationship with Basware that started more than 10 years ago, HOYTS has now decided to move their accounts payable solution to the cloud to future-proof their system, remove maintenance overheads for the IT team and improve their back-office team’s user experience.

HOYTS is one of the world’s leading entertainment corporations with 50 locations across Australia and New Zealand, and over 2,700 staff. In order to support their operations, HOYTS understands the importance of investing in both the front and back-office functions of their business to maintain their premier brand experience. Giving their accounts payable team access to the latest invoice automation technology on the cloud will allow them to further improve the IT infrastructure supporting their core business, and keep guests at the core of the entertainment experience they provide.

Michael Pyliotis, Vice President, APAC at Basware, says: “We are delighted to be able to add more value to our long-term customer, HOYTS, by helping them move to the cloud. In aligning with us for the future, we will continue working with them to enable their employees to deliver the quality experience that is synonymous with their brand”.

He adds: “Their desire to continue using Basware in the face of strong competition is a testament to the strength of our relationship with HOYTS, our ability to serve our customers, and our focus on consistently delivering a superior experience and leads to customer delight.”

Those looking to improve their accounts payable, accounts receivable or procurement experience for their company and their users are welcome to join Basware at the Basware APAC Connect event taking place on the 8th of November 2018 in Sydney. It's going to be an entertaining experience for finance and procurement executives.

Contact:

Press@basware.com

About Basware

Basware (Nasdaq :BAS 1V) is the global leader in providing networked purchase-to-pay solutions, e-invoicing and innovative financing services. Basware's commerce and financing network connects businesses in over 100 countries and territories around the globe. As the largest open business network in the world, Basware provides scale and reach for organizations of all sizes, enabling them to grow their business and unlock value across their operations by simplifying and streamlining financial processes. Small and large companies around the world achieve significant cost savings, more flexible payment terms, greater efficiencies and closer relationships with their suppliers. Find out more at www.basware.com.

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