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Mphasis and Basware sign global purchase to pay and e-invoicing partnership

Mphasis and Basware sign global purchase to pay and e-invoicing partnership Mphasis and Basware inked a partnership to provide F&A Business Process Services spanning purchase-to-pay and e-invoicing. The service features an easy-to-use plug-and-play model with transaction-based pricing, to maximize efficiencies in the F&A function in organizations.

Mphasis is a leading IT solutions provider, offering Applications, Business Process and Infrastructure Services globally through a combination of technology knowhow, domain and process expertise.

As part of the partnership:

  • Mphasis will embed Basware’s platform and its Commerce Network within its own portfolio and provide transaction based e-procurement and invoice automation services to its clients around the world.
  • Mphasis’ trained professionals will deliver the services out of its centers in the U.S., Canada, Poland and India, thereby providing clients the options needed to balance regulatory requirements and cost of operations.

Ari Salonen, General Manager for Basware’s Global BPO services:

  • “Mphasis is leading the pack in using end-to-end process automation to provide world-class F&A outsourcing services. We are excited that Mphasis has chosen our Alusta Purchase-to-Pay automation solutions as the foundation for the Business Process as a Service offering.”
  • “In addition to optimizing working capital through automation, Mphasis’s customers will benefit from our analytics, social collaboration, and mobile solutions to identify improvement opportunities, resolve issues quickly, and allow end-users the freedom to connect from anywhere.”
  • “Basware’s open commerce network with 1 million buyers and sellers will support Mphasis customers’ flawless exchange of purchase and invoice messages.”

Anurag Bhatia, SVP & Head of BPO, Mphasis:

  • “Our partnership with Basware enables Mphasis to rapidly introduce true BPaaS services in the field of Procure-to-Pay and invoice automation to the market.”
  • “This is an ideal solution for business leaders to improve the efficiency and effectiveness of their finance operations. The solution delivers a platform-through-services that drives significant business improvement – while being extremely easy to adopt with near minimal upfront investments.”

 


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