Basware, the global leader in purchase to pay solutions, has announced today that it will deliver its Connectivity Services to Virgin Media, the UK’s leading entertainment and communications company. With almost 10 million customers, Virgin Media is the UK’s first quad-play provider of broadband, TV, phone and mobile.
Basware Connectivity is a new set of services which enables suppliers and buyers of all sizes and maturity to transact electronically. The services include delivery of e-invoices and purchase messages with Basware Business Transactions, a Basware Scan and Capture solution to convert all paper invoice to electronic format from day one, the ability for suppliers to key-in invoices, receive orders electronically, send order confirmations as well as upload and create electronic catalogues via Basware Supplier Portal, and a Basware Supplier Activation service to communicate with the suppliers, assist and activate them to connect to the buyers’ purchase to pay process.
Virgin Media selected Basware based on their comprehensive offering for connectivity and also for their extensive, multi-industry experience within Invoice Automation. The contract is for 3 years and the system is set to go live in January. The services will be integrated with Virgin Media’s existing Oracle solution.
“We are pleased to be delivering Basware Connectivity services to another leading organisation. This deal with Virgin Media clearly demonstrates the growing interest and requirement for these services in the UK. Basware Connectivity service allows companies to handle purchase to pay processes online, improving supplier relationships and achieving fast return on investment” said Andrew Jesse, VP, Basware UK.
About Basware
Basware is the global leader in purchase-to-pay solutions with more than 1,500 customers and 1,000,000 users in over 50 countries around the world. With Basware, organisations can reduce the cost of buying and paying for goods and services and gain visibility and control of their entire spending process by automating manual processes, from sourcing, contract management, purchasing and supplier collaboration to invoice automation. Basware solutions and services enable substantial cost reductions across businesses and deliver value by providing compliance and control, as well as fast return on investment. The solutions are distributed and implemented, either on site or as a service, in Europe, the US, and Asia-Pacific through an extensive network of Basware offices and business partners. www.basware.com
About Virgin Media
With almost 10 million customers, Virgin Media is the UK’s first quad-play provider of broadband, TV, phone and mobile.The company is one of the largest residential broadband providers in the UK, using a unique fibre optic cable network to deliver next generation ultrafast internet access of up to 50Mb to just over half of all homes. Combined with a high speed ADSL service and mobile broadband products, Virgin Media is able to offer broadband internet access to virtually the entire country.
Virgin Media has the UK’s most advanced TV on demand service and was the first TV platform to carry BBC iPlayer. It is the second largest provider of pay TV, was the first to launch a high definition TV service and offers a high-specification, HD-ready V+ personal video recorder.
The company operates the most popular virtual mobile network in the UK which, when launched, was the world’s first such mobile phone service. It is also one of the largest fixed-line home phone providers in the country. Virgin Media is also a 50 per cent joint partner with BBC Worldwide in UKTV, which consists of ten channels including Dave, G.O.L.D., Watch and Alibi. Virgin Media Inc. is listed on the NASDAQ Stock Market and the London Stock Exchange (VMED). For more information, go to http://www.virginmedia.com/.
Editor on 
es on