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About Us

Basware offers the largest open business network in the world and is the global leader in providing networked purchase-to-pay solutions and e-invoicing services. Our technology empowers organisations with 100% spend visibility by enabling the capture of all financial data across procurement, finance, accounts payable and accounts receivable functions. Basware is a global company doing business in more than 100 countries and is traded on the Helsinki exchange (BAS1V: HE). Find out more at https://investors.basware.com/en.

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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 Simplifies and Speeds Up Customers’ Invoice Processing with Machine Learning

Thu, Nov 09, 2017 10:11 CET

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

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