Basware Makes Handling Recurring Invoices Faster and Easier with Payment Plan Enhancements
ESPOO, Finland, May 3, 2018, Basware, the global leader in networked source-to-pay solutions, e-invoicing, and innovative financing services, has released intelligent enhancements to its payment plans, helping customers to further automate their accounts payable processing. Payment plans are used for automating recurring expenses – even those without purchase orders (POs) – for categories such as rentals, utilities, cleaning and subscriptions. “In a typical organization, around 30% of spend is repeated on a monthly, bi-monthly or bi-weekly basis. Since the average cost of processing an