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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 Leverages Machine Learning to Improve Procurement

New Approval Confidence Index Predicts the Likelihood of a Requisition’s ApprovalESPOO, Finland – April 1, 2019 — Basware (Nasdaq: BAS1V) , the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, has added a machine learning-enabled, predictive capability to its procurement technology: the Approval Confidence Index (ACI). The ACI is a score assigned to every item on a requisition that provides feedback to both the requisitioner and the approver about the probability, or confidence, of that requisition item being

Basware Continues to be a Leader in Source-to-Pay Innovation with the Introduction of New Machine Learning and Artificial Intelligence based Capabilities

ESPOO, Finland -- November 8, 2018 – Basware  (Nasdaq: BAS1V), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services has introduced new machine learning and artificial intelligence capabilities across its suite of Source-to-Pay solutions. “Basware algorithm-based machine learning services are available to help add value at every point in the purchase-to-pay process by freeing up employee time, eliminating errors, and speeding things up,” said Sami Peltonen, VP Products and Business Management of North America for

Basware Introduces Smart PDF: The Machine-Readable PDF Invoice that is Minimizing the Need for OCR Technology

Espoo, Finland, 29 May 2018 — Basware , the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, is introducing a new, smarter way to capture data from PDF invoices automatically with near perfect accuracy. Basware’s Smart PDF invoice capturing service easily extracts data from any machine-readable PDF, creating a touchless invoice automation process. “With Smart PDF, we are taking the next step in helping our customers realize maximum efficiency and achieve touchless invoice processing. Suppliers simply email PDF

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

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