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“We are delighted to see Basware recognised as a leader in this report. At Basware we help our customers to simplify their operations and spend smarter. Invoice automation continues to play a key role in Purchase-to-Pay (P2P) to capture 100% of spend, increase efficiency and pave the way towards simplified, paperless, and cost-efficient ways to do business. As we have recently strengthened our market-leading P2P suite and supplier network with a strategic sourcing offering, we are now able to provide our customers with a full one-stop shop for the entire Source-to-Pay (S2P).”
Ilari Nurmi, SVP, Purchase to Pay at Basware
Digital transformation is no longer an option, it’s the imperative. It is rather a question how to unleash the power of digitalization while maintaining a healthy business.
Billentis Report 2017
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Basware Renews its Global Partner Program

ESPOO, Finland – March 13, 2019 – Basware  (Nasdaq: BAS1V), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, renews its Partner Program. The renewed program helps partners’ success and business growth. “Our goal is to make doing business as easy as possible for our partners to build a base of happy customers. Through the Basware Partner Program, partners will receive sales and support benefits to increase knowledge and expedite sales velocity,” said Ilari Nurmi, SVP of Business Development and Alliances,

Basware Announced Partner Awards for 2018

ESPOO, Finland – February 12, 2019 – Basware (Nasdaq: BAS1V), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, today announced the Partner Awards for 2018 in Copenhagen, Denmark at the Annual Basware Partner Event. The three award winners were: · Basware’s Partner of the Year is Fluxym , following Fluxym’s significant contribution to Basware’s business in 2018.  · Basware Knowledge Award, recognizing the partner with the highest focus on learning the Basware solutions, went to Mazars 

Basware Partner Ecosystem Drives a Significant Increase in Cloud P2P Customer Wins

ESPOO, Finland – February 6, 2019 – Basware  (Nasdaq: BAS1V ), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, today announced that during 2018, Basware partner community signed 58% more cloud-based P2P customers than the year before. These wins are in line with Basware’s strategic goal of driving significant future growth through the partner channel. Examples of cloud-based customer wins, driven by Basware’s Partner community

Basware Accounts Payable Automation, Procurement and e-Invoicing Solutions Are Now Available on Microsoft AppSource

ESPOO, Finland – January 3, 2019 – Basware  (Nasdaq: BAS1V ), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, announced today that its Accounts Payable Automation, Procurement and e-Invoice Sending and Receiving solutions are now available via the Microsoft AppSource , online application marketplace that enables Microsoft users globally to find and access specialized line-of-business software. "As a global leader in networked source-to-

Basware Partner Community in Continental Europe Takes Its Customer Base to the Cloud

ESPOO, Finland 19.11.2018 – Basware (Nasdaq: BAS1V), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, today announced strong success with Basware’s partner community in getting new wins for its cloud-based purchase-to-pay solution as the customers are transforming their purchase-to-pay processes to the cloud. These wins are in line with Basware’s strategic goal of driving significant future growth through cloud revenue. Recent cloud-based customer wins, driven by Basware’s Partner community include: · Icreative 

Basware signs partnership agreement with Fitek Slovakia to increase presence in Central Eastern Europe

Espoo, Finland, 8 October 2018 — Basware (Nasdaq: BAS1V), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, and Fitek Slovakia, a market trendsetter in financial automation processes in Central Europe, have entered into a partnership where Fitek Slovakia will have the opportunity to offer Basware’s accounts payable automation solution to Slovakia and surrounding countries. “We are excited to expand our partner base in Central Eastern Europe. Basware technology combined with Fitek deep market knowledge is a winning formula for

Basware partners with NORIAN in Northern Europe

Espoo, Finland, 20 June 2018 — Basware , the global leader in networked source-to-pay solutions, e-invoicing, and innovative financing services, and NORIAN, a global provider of financial accounting and HR outsourcing services, have entered into a partnership where NORIAN will offer Basware’s accounts payable automation solution to its customer base. The cooperation covers the North European market for invoice processing, accounts payable automation, and invoice scanning solutions.  With cloud-based accounts payable automation offering by Basware, NORIAN can offer

Basware Simplifies and Speeds Up Customers’ Invoice Processing with Machine Learning

ESPOO, Finland, November 9, 2017, Basware, the leading provider of Source-to-Pay (S2P) solutions, today announced the availability of smart coding, a capability that helps customers further automate their invoice processing of non-PO invoices through machine learning. Smart coding eliminates the need to manually code invoices when there is no purchase order (PO) associated with the invoice. The system does this by automatically identifying where the costs should be allocated to speed up invoice processing and improve productivity. “Traditionally, non-PO invoices are automated with

Peer Benchmarking Powers Basware’s Cloud-based Source-to-Pay Customers

Customers leverage analytics with peer data to improve their operations and spend managementESPOO, Finland, September 28, 2017, Basware , the leading provider of e-invoicing and Source-to-Pay (S2P) solutions, today announced the availability of peer benchmarking capabilities in its analytics solution for cloud-based Source-to-Pay customers. "The future is all about data – how companies capture it and how they use it. Basware’s out-of-the-box analytics with the new benchmarking capabilities enables users to track their performance against their peers and

Basware Helps More Customers Move their Purchase-to-Pay Processes to the Cloud

Espoo, Finland, 14 July, 2017 - In line with its strategic goal of driving significant future growth through cloud revenue, Basware , the largest open business network in the world, today announced noteworthy new wins for its cloud-based purchase-to-pay solution as these major global customers transform their purchase-to-pay processes to the cloud.  Significant cloud-based customer wins from Q2 include: · ABB, a Swiss-headquartered, Fortune 500 corporation that is a pioneering technology leader in electrification products, robotics and motion, industrial

Predictive Analytics Powers Basware’s Ability To Forecast Late Payments

Customers Capitalize On New Capability to Improve Cash FlowESPOO, Finland, July 11, 2017 - Basware , the leading provider of e-invoicing and Source-to-Pay (S2P) solutions, today announced the availability of predictive analytics capabilities in its cloud-based Source-to-Pay solution. The release incorporates an intelligent algorithm to show which invoices are at risk of being paid late. This helps organizations prevent late payments, capture early payment discounts and optimize cashflow. “The future is all about data – how companies capture it and how they use it.

Celgene wins the Adam Smith Award for Best Card Solution with Basware, Citi and Mastercard

ESPOO, Finland, 20 June 2017 – Basware, the leading provider of e-invoicing  and purchase-to-pay  solutions, today announced that its customer Celgene has been awarded overall winner in the Best Card Solution category in the Adam Smith Awards 2017 . Treasury Today’s Adam Smith Awards have run for ten consecutive years, recognizing recipients globally with this ultimate benchmark of corporate

New Customer Acquisitions Including Lear Corporation and Tennis Australia Confirm Basware’s Position as a Global Industry Leader

ESPOO, Finland, June 15, 2017 – Basware’s  role as a leader in the purchase-to-pay software world has been confirmed with recent new customer wins around the globe. Basware reports a number of new customer wins. These wins reinforce Basware’s position as a procure-to-pay leader, as stated in the “The Forrester Wave™: eProcurement, Q2 2017” report by Forrester Research earlier this year. In the U.S. Basware added Lear Corporation as a new customer, while Tennis Australia joined the customer list in APAC. In Europe, Basware has won new deals in both the Finnish

Basware cited as a Leader in eProcurement by Independent Research Firm

Basware excels in invoice automation for global organizations, according to the reportESPOO, Finland, May 30, 2017 – Basware  has been recognized as a Leader in “The Forrester Wave™: eProcurement, Q2 2017” report by Forrester Research Inc., as result of a comprehensive evaluation of Procure-to-Pay platforms.According to the Forrester report, Basware excels in invoice automation for global organizations. The report cited Basware’s focus on automating processes and minimizing manual approvals is an important differentiator in contrast to many of its competitors

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