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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 Provides Full P2P System for a Global Manufacturing Customer

Espoo, Finland, May 9, 2019 – Basware  (Nasdaq: BAS1V), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, has signed a P2P SaaS deal with a leading international provider of HVAC, drinking water and waste management systems. The agreement covers the full Basware P2P SaaS suite and Network services for eInvoice receiving including Smart PDF, e-Orders Service, CloudScan with Self-Validation Service and Marketplace Service with several alternatives for purchase order delivery between the buyers and suppliers. The

Basware Report Demonstrates E-invoicing Can Cut Carbon Emissions More Than 30%

ESPOO, Finland – February 21, 2019 – Basware  (Nasdaq: BAS1V ), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, has published a detailed review of the climate impact of Basware e-invoicing services. According to the report, the transformation from paper invoicing to e-invoicing can cut down carbon emissions by more than a third. Most of the emissions savings, compared to paper-based systems, comes from improved efficiency in

Basware Scores High Across All Spend Matters’ Buyer Personas

Customers and Analysts Name Basware a Procure-to-Pay, Invoice-to-Pay and eProcurement LeaderESPOO, Finland -- December 13, 2018 – Basware (Nasdaq: BAS1V ), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, announced today that it has been named a Value Leader for all five buying personas in Spend Matters’ Q4 2018 Procure-to-Pay SolutionMapTM. Value Leaders are providers with both above average analyst and customer scores. This SolutionMap evaluates e-procurement, e-invoicing, payments (invoice-to-pay)

Basware Announces Enablement Services to Help Supplier Onboarding

Espoo, Finland, 4 December 2018 - Basware , the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, has introduced new enablement services for supplier onboarding. With the help of Basware enablement services, customers can efficiently run supplier onboarding campaigns, ensure success with digital transformation and improve their supplier relationships. “Enablement services help our customers to get suppliers onboard faster. For our customers, this means reduced manual work, improved invoice matching and their

Basware Expands its Aged Care Footprint with Scalabrini

ESPOO, Finland, October 26, 2018, Basware  (Nasdaq: BAS1V), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, has now further expanded its ability to provide transparency across supply chain reporting within aged care by expanding its product offering to Scalabrini, an innovative, not-for-profit aged care provider with residential villages across metropolitan and rural New South Wales, Australia. Scalabrini turned to Basware to provide them with the software that enables them to meet their fiscal and legislative

Basware Extends 100% Spend Visibility into the Future with Committed Spend Analytics

ESPOO, Finland, October 23, 2018, Basware (Nasdaq: BAS1V), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, introduced committed spend analytics, the latest innovation in Basware Analytics providing complete visibility into all open spend, regardless of its source. Committed spend analytics include 100% of spend, both direct and indirect, based on purchase orders, payment plans and non-PO invoices providing both retrospective and future views into spend. "The rapid pace of digitalization and globalization is bringing ever increasing

Basware Named to Winners Circle for 2018 ‘Best Places to Work’ Award

Espoo, Finland, 16 October 2018 – Basware (Nasdaq: BAS1V), the global leader in providing networked source-to-pay solutions, e-invoicing and innovative financing services, announced that the Charlotte Business Journal has again named Basware to the Winners Circle of its prestigious 2018 Best Places to Work awards competition. The annual awards program recognizes companies that have benefits, policies and practices in place that are among the Charlotte area's best, based on employee surveys. This is the fifth year Basware has been honored with the recognition.  “Congratulations to

Art of Basware Competition for Young Artists Is Now Open for Entries

Espoo, Finland, 17 April 2018 — Basware , the global leader in providing networked source-to-pay solutions, e-invoicing and innovative financing services, is holding its 16th art competition for artists under 30 years of age. This year's theme for the Art of Basware competition is EVERY ACTION COUNTS. There are no restrictions on handling and implementing the theme. The results will be announced at the opening of an exhibition hosted by Basware at the Clarion Hotel Helsinki, Jätkäsaari on September 11, 2018. "The art competition was born out of a desire to promote

Basware’s Enhanced Supplier Spend Dashboard Supports Strategic Procurement with Actionable Data

ESPOO, Finland, March 15, 2018, Basware, the leading provider of Source-to-Pay (S2P) solutions, has released enhancements to its Supplier Spend Dashboard, empowering customers with more actionable data to reduce costs and increase value through advanced analytics. Basware’s analytics for supplier spend deliver comprehensive spend visibility to help procurement professionals make better, faster and more confident buying decisions, and provides historical data and buying trends to support strategic supplier negotiations. The solution collects and analyzes procurement data to provide

Basware Launches Supplier Quality Analytics Dashboard to Drive Supply Chain Excellence

ESPOO, Finland, December 4, 2017 - Basware , the leading provider of Source-to-Pay (S2P) solutions, has released Supplier Quality Analytics, a dashboard that transforms supplier transaction records into business intelligence to improve everyday decision making, operational performance and the bottom line. The Supplier Quality dashboard brings Basware customers more value from S2P by turning the data captured during procurement transactions into insights on how suppliers are performing against targets. These actionable insights help organizations develop better

Basware accelerates shift to service business culture

Mika Röykkee appointed as Head of Digital Customer Experience Espoo, Finland, 20 November 2017 – Basware , the global leader in networked purchase-to-pay solutions, e-invoicing and innovative financing services, has appointed its UX director Mika Röykkee to lead the company’s digital customer experience journey. With this appointment, Basware strengthens its shift to service business culture. Röykkee and his team will work to ensure that Basware’s digital customer journeys are in place with company level facilitation and ownership. “All our internal

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

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.

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