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Category: Blog

How Robotics and AI Could Instigate a Revolution In The Finance Sector

Witten by Marieke Saeij at Onguard A major revolution seems to be taking place within the world of finance. The introduction of new technology in the form of Robotic Process Automation (RPA) and AI looks set to overhaul the way we work. Businesses have traditionally been limited to IT departments to detect security breaches, deal…
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Gartner Named Basware a Leader in the 2019 Gartner Magic Quadrant for Procure-to-Pay Suites

See the Difference – With Basware Over the past 30 years, we at Basware have created, innovated, and transformed our purchase-to-pay (P2P) solution with one core concept leading our way – our customers. We’ve made it a clear vision of ours to ensure that whatever we do, our goals are driven by our customers’ needs.…
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Take Your P2P Further with These 5 Hacks

Written by: Sush Koka – Senior Product Marketing Manager Basware Connect events provide us with the opportunity to share insights on the latest fintech innovations and keep our customers up-to-date with Basware’s newest features. Here are five useful Basware solution hacks to help make a huge difference to in your purchase-to-pay (P2P) process. During Basware…
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Provision of financial information: from on-time to real-time

We see, read and process new information every day, which is nothing particularly new, really. After all, even our grandparents processed information daily while reading the newspaper or, later, when watching their black-and-white TV. What has changed, however, is the speed at which we send/receive the information. IDC, the International Data Centre, predicts that by 2025,…
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5 Steps for a Successful P2P Cloud Transformation

According to a study by the Cloud Security Alliance, 33% of organisations have a “full steam ahead” attitude toward cloud services. Once your business agrees to make the transformation from on-premise to cloud-based purchase to pay, you may be wondering, “what’s next?” Step 1: Success Lab Completed. Congratulations! So, you’ve done it. After completing a Basware Success…
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3 New Credit Management Trends for 2019 and Beyond

As with most areas of business, credit management evolves and grows as new technologies and innovation become available. Thanks to advances in technology, new trends are emerging on the credit management scene. This will allow businesses to lower costs, drive efficiencies, save time and may even have the potential to reshape the role of the…
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Are You Slipping into Supplier Risk?

Written by: Teemu Toroi – Director, Data & Analytics Product Line Management at Basware In a Deloitte study about third party governance and risk management, 94% of executives interviewed expressed low confidence in their current tools used to manage third party risk. Read the latest on Basware Vendor Manager and the newest features that help…
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How to Ensure Better Results from Credit Management

For truly successful credit management, you must implement the right technology, processes and policies. In terms of technology, choosing the right software can have a huge impact. It can make your life as a credit manager easier by accelerating and improving your results. It is therefore vital to implement a solution that will add value…
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The Earlier the Better – 2 Steps to Successful Change Management

Written by: Tommy Benston –VP of Client Success at Basware A recent industry survey asked more than 500 practitioners what they would do differently in their next change management project. “Start the process sooner” was among the top answers. “We did do change management,” the project sponsor said as they reflected on the hiccups in…
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Toyota Industrial Equipment’s Invoices Were a Heavy Burden for their Accounts Payable Team

It’s not just Toyota Industrial Equipment’s forklifts that carry a heavy burden – their accounts payable team does too. Or at least they used to, before they put Basware in place. Imagine that you are a manufacturer of industrial equipment – in this case, bespoke forklift trucks. Each piece of equipment is incredibly valuable and…
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