Basware has partnered with CEDEX e-Autohub to connect automotive manufacturers in Europe and North America with suppliers in China. The agreement enables the connection of 5,000 Basware and 2,500 CEDEX e-Autohub suppliers and customers. A number that is expected to grow even further in the next future.
CEDEX e-Autohub ensures that the invoices of Chinese suppliers meet the customer requirements in Europe and North America, including the global invoicing standard used by major automotive manufacturers. The partnership should enable easier transmission of e-invoices between manufacturerers. Lowering the payment cycle with ten to fifteens days on average. This should lead to even better relationships between suppliers and carsellers.
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