Basware

Basware provides open, secure, cloud-based purchase-to-pay and e-invoicing solutions to organizations of all sizes, resulting in greater efficiencies in procurement, accounts payable and accounts receivable. Companies across all industries, from small businesses to corporate giants use Basware solutions to drive sustainable cost savings, proactive insight to cash flows and improved buyer–supplier relationships. The Basware Commerce Network is founded on the principles of openness, where all types of organizations can collaborate and trade, making it the largest in the world. Today we connect millions of business users in 900,000 companies across over 100 countries. Basware is the global leader in providing solutions for better buying, better selling and connected commerce. Find out how Basware boosts financial performance and profitability at www.basware.com.

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  1. Webinar: E-invoicing trends and truths – with Bruno Koch

    30 years ago, electronic document exchange was limited to the largest organizations – typically only those with the tightest supply chains. By the end of 2014, however, it is expected that 25-40% of businesses will be sending invoices electronically.  

    Interestingly enough, it’s the public sector that has its foot on the e-invoicing gas pedal. Public [...]

Recent posts

October 2014

  1. Brief: Basware inks deal with North American security company

    The agreement includes invoice automation and full inbound e-invoicing services. Basware is also providing Basware Analytics for enhancing accounts payable data visibility and a mobile solution for processing e-invoices. The value of the agreement is EUR 700,000 over three years.

September 2014

  1. Basware Pay: Creating Payment Energy (with e-invoicing) [Free report]

    Over half (57%) of international businesses surveyed by Basware and MasterCard admit to having actively delayed paying their suppliers in the past 12 months. The findings underscore a late payment culture, which three out of four businesses now consider normal practice, and that is hampering in particular small and medium-sized enterprises (SMEs).

  2. Basware first to connect to Belgian public e-invoicing platform Mercurius

    Basware is the first e-invoicing service provider that has a made a connection with the new Belgian B2G e-invoicing platform, called Mercurius. And not long ago, Electrabel was the first to send an advanced structured e-invoice (compared to PDF) to the Belgian government via the Mercurius platform.

  3. The free Basware Toolkit: for a successful AP transformation

    AP Change Makers are capitalizing on automation solutions to transform the performance of their Accounts Payable departments. If you’re planning for a succesful AP Automation project, Basware’s new and free toolkit will save you time and help you make it a success!

  4. Finnish State Treasury renews procurement contract with Basware

    The Finnish State Treasury has renewed its procurement contract with Basware. The renewed contract also covers the management of catalog content and exchange of purchase messages via the Basware Portal. The value of the agreement is approximately EUR 2 million over the next two years.

  5. Basware launches Basware Pay, Basware Discount and Basware Factoring

    Basware’s Financing Services combines payment with financing services for companies of all sizes for buyers and suppliers alike, helping them to optimize their cash and working capital. It is a clear sign that more and more companies see that the e-invoice and PO is enabler for services that add even more value. The new financing services include Basware Pay, Basware Discount and Basware Factoring

  6. Basware processed over 80 million e-invoices and PO’s last year

    Shortly after EESPA unveiled that their participants processed some 840 million electronic invoices, Basware came up with an estimate of their yearly volume of e-invoices and purchase orders. The past 12 months Basware processed over 80 milli0n e-invoices and PO’s. That means that Basware, on its own, accounts for almost 10% of the total EESPA volume.

  7. Basware delivers e-invoicing services in Denmark to global brewer

    Basware has expanded its relationship with a major global brewer and signed an agreement for the delivery of e-invoicing services in Denmark. The agreement is an extension to the current e-invoice sending solution that provides a fully outsourced service including printing and activation services. The value of the agreement is EUR 600,000 over three years.

    Esa [...]

August 2014

  1. Use e-invoicing to protect yourself against invoice fraud

    Although there are no guaranteed ways of totally diminishing invoice fraud for your business, the implementation of e-invoicing is a positive step towards achieving this goal. The benefits of e-invoicing certainly outweigh traditional paper invoicing and provide many controls and rules to prevent fraud. Find out more on how you can safeguard yourself against invoice fraud, ‘avoiding the f word’

July 2014

  1. Basware signs Alusta implementation for Oil and Gas multinational

    Basware has signed a big e-invoicing services agreement for a international oil and gas company that is located in the U.S.. At the core of the contract Basware will set up its Alusta purchase-to-pay platform to deliver a variety of global e-invoicing and supplier services. The value of the agreement is approximately EUR 2.8 million over the next five years.