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The vision of Basware’s CEO on the evolving e-invoicing arena

February 3, 2015  |  Electronic Invoicing, Europe

At the end of 2014, more than 78 million annual transactions – e-invoices, purchase orders and other electronic documents – were processed via Basware Commerce Network, resulting to 30 per cent growth compared to 2013. Basware Commerce Network, the largest open business network in the world, connects over one million companies across 100 countries and enables easy collaboration between buyers and suppliers of all sizes.

During the first quarter, the Basware Commerce Network reached a milestone of connecting one million customers in over 100 countries. Basware focuses on empowering companies to unlock value across their financial operations by simplifying and streamlining key financial processes.

During the fourth quarter, 21.8 million transactions were processed via the Basware Commerce Network, resulting to 25.6 per cent growth year-on-year. The level of organic growth in transactions has been good throughout the year.

In this video Esa Tihilä discusses how the e-invoicing market and industry will evolve in 2015 and beyond.


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