Basware collaborate with GKN for the delivery of AP and e-invoicing services

Basware is a leader in providing purchase-to-pay and e-invoicing solutions. Basware has signed an agreement with GKN Driveline for the delivery of accounts payable and e-invoicing services. The solutions are powered by Alusta. Alusta is Basware’s unified cloud-based platform for purchase-to-pay.

The partnership includes accounts payable automation, with 100% inbound e-invoicing and supplier activation services. Also, Basware analytics for gaining immediate insight into financial performance is part of the deal. As well as a mobile solution which gives access to financial processes regardless of time and space. The value of the agreement is estimated to be in excess of EURO 1.1 million over a span 5 years.

Esa Tihila, CEO, Basware Corporation:
“We’re excited to form a strategic partnership with this new major customer and provide services that enhance their financial operations and boost the e-invoice adoption significantly among their suppliers. GKN Driveline can easily and securely receive i00% of their invoices as e-invoices via the open Basware Commerce Network. Visual reports will help the management to make better decisions, while mobility will benefit end-users who can review and approve invoices on the move.”

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