Category: Blog

e-Invoicing Specialists

Treat debtors the same as clients and open up a world of opportunities

Written by: DANIEL VAN DEN HOVEN – VP PARTNERS & ALLIANCES   Tuesday night, 6.30 p.m. After a hard working day, I walked through the door of the home I have shared with my family for about twelve years. On the kitchen table lay an envelope with the logo of my mortgage provider. “That’s odd,”…
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Why Procurement Data is Essential for AI

Written by: Lindsay Munn – Global Content Manager   This blog addresses a key point from Gartner’s recent research report the importance of identifying and ensuring access to procurement data for a future with artificial intelligence (AI). Just like humans need food, artificial intelligence (AI) needs to be fed data – as much data as it can…
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Death to Paper Invoices…Are We Serious?

Written by – Michael Jasper Basware Director of Network and Financing Services, Americas and APAC Death to paper and OCR processes – there we said it! It’s a pretty bold (and controversial) statement on our part, especially considering the current state of the U.S. market. So, how can Basware state so blatantly that paper is soon…
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Dynamic Discounting – Made Simple

Written by: Jamie Taylor – Senior Account Manager Interest rates are still hovering at historically low levels, yet many companies are still using payment terms as a financial instrument to manage their funds. Invoices are either paid late, or payment terms are being extended in various markets, leaving suppliers in a precarious cash flow position. What…
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Great work needs great tools

Written by HELEN STODDART – Sales UK No matter what you do, or where you work, there’s something to be said for taking pride in a job well done. Helping your clients, getting praise from your boss or seeing your own performance improve are all little things that can make any job seem a better –…
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5 Change Management Ideas to Build Excitement for AP Automation

Written by: Tanja Rauniaho-Mitchell – Senior Product Marketing Manager   Picture this: senior management has agreed the company should implement an Accounts Payable (AP) Automation system. The key stakeholders have selected a project team and they are considering the solutions and providers available. Excitement is in the air for the management team and key stakeholders. Automating the processes…
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Data Science & Analytical Skills Required: What Procurement Needs for a Future of AI

Written by: Lindsay Munn – Content Manager This blog addresses a key point from Gartner’s recent research report – the skill set you should be developing in the procurement department for a future with artificial intelligence (AI). AI without the skill set to use it is like getting a brand-new sports car and not knowing how to drive it.…
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New Year’s Resolution: Automate More of Your Invoice Processing

Written by: Sami Peltonen – VP of Purchase to Pay   While you’re working on those personal goals in 2018, make a promise to your professional self and we’ll help you keep it. Read on to learn how Basware’s smart coding functionality takes invoice automation one step further. Depending on your organization, the maturity of your invoice…
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Reconciliation and technology – a match made in heaven

Written by – AHMAD ELHUSSEINIE   Almost everyone within an organisation who deals with accounting – from entrepreneurs to financial administrators and accountants – knows it well: reconciliation. That is, matching entries that belong together in a ledger account. It is a simple but extremely necessary process. Online shops, for example, handle dozens of orders a…
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What User Adoption of e-Procurement has to do with Artificial Intelligence (according to Gartner)

Written by – Lindsay Munn, Content Manager   This blog addresses a key point from Gartner’s recent research report – the role user adoption of e-procurement plays in embracing new technology like artificial intelligence. There’s lots of discussion and speculation about artificial intelligence (AI) and the impact it will have on business functions like procurement. In a recent research…
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