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

Shortly after EESPA unveiled that their participants processed some 840 million electronic invoicesBasware processed 80 million e-invoices and purchase orders last year, 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.

For Basware this number is a definitive milestone and for them it highlights the success of Basware’s commitment to helping businesses unlock the value in their financial operations. Basware, by word of Esa Tihilä (CEO of Basware) mentions some of drivers behind the recent growth:

  • Local economies start to recover from the impact of the global recession, money is starting to flow more readily.
  • E-invoicing is being enforced by forward-thinking governments and large enterprise buyers across the world as a way of improving cash flow.
  • The need for smoother payment cycles and building stronger relationships between buyers and suppliers across supply chains
  • Connected commerce and e-invoicing adoption are on the rise across every sector and businesses of different sizes.
  • Basware’s effort to continuously focus on delivering innovations, designed to enable easy connectivity to the network for companies of all sizes.
  • Basware’s effort to removing common obstacles to connected commerce.



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