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Basware joins G-Cloud 6 to extend public sector presence

March 22, 2015  |  Europe, Government, Purchase-to-pay

Basware has joined the UK government’s G-Cloud Digital Marketplace. Its presence on G-Cloud 6 will make it substantially easier for public sector bodies to procure Basware solutions and deliver dramatic back office savings through payment automation.

Established in 2012, the G-Cloud was set up to allow government organisations to procure cloud services without having to resort to a full-length tender process. Software providers offer their services at a designated price point, and public sector bodies can only purchase the specific service that is outlined in the service description, at the specific price displayed. This provides a degree of certainty for both parties in a centralised marketplace that is tightly regulated.

Stephen Carter, Head of e-invoicing Centre of Excellence at Basware:
“With annual expenditure of almost three quarters of a trillion pounds, the public sector has a huge impact on the wider UK economy. A recent parliamentary inquiry found that e-invoicing could save the public sector and its suppliers at least £2 billion per year. These savings could then be fed directly back into the economy, to protect frontline jobs and improve services.”

“Basware coming to the G-Cloud means that public sector bodies of all sizes will now have simple, direct access to our e-invoicing and payment automation solutions. This will result in better cash flow for the public sector, and release working capital back into the economy to enable growth.”

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