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Basware Renews Purchase-to-Pay and e-Invoicing Services Agreement with Vocus in Australia and Increases Invoice Volumes in New Zealand

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Espoo, Finland, 12 July, 2017 - Basware has signed an agreement for the significant renewal of Purchase-to-Pay and e-invoicing services with Vocus Group Holdings Pty Ltd, an existing customer in Australia. The solutions are powered by Basware Purchase-to-Pay, Basware's unified cloud-based platform for procurement and accounts payable automation. The agreement includes the expanded scope of accounts payable automation, analytics and procurement services.

Vocus merged with M2 in September 2015 to create the $3 billion telecommunications titan that is Australia's fourth-largest telecommunications company and the third-largest in New Zealand. During the merger, M2 Group saw the opportunity to expand their Software as a Service (SaaS) platform to incorporate Basware Purchase-to-Pay, as well as add additional regions/business units to their solution.

“We are pleased to support our customers as they grow. This is another example of a customer who has increasingly leveraged the power of cloud-based solutions, adding elements to enhance their corporate visibility and control as they expand the use of our product offering which now also encompasses sourcing and financial services,” says Michael Pyliotis, Vice President, APAC at Basware.

For more information, please contact:
Luc Davaine, Basware

 Tel: +61(0)286225866

About Basware 
Basware 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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Contact:
press@basware.com

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Australia New Zealand Purchase-to-pay P2P e-invoicing Vocus