Category: Blog

e-Invoicing Specialists

Is my company too small for a credit management policy?

Getting customers to pay their bills can sometimes be quite a job. Changes to contact details, ignored messages, cash flow problems – all of these (and many more) reasons that customers give for not paying off or not being able to pay their bills mean that credit management teams have truly got their work cut…
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Relationships matter in Order to Cash

Written by  Daniel Van Den Hoven   Order to Cash: it sounds like such a simple thing doesn’t it? An order comes in, and then a little while later some cash follows it. If only it were that easy! In fact, order to cash (O2C) is a complicated process that requires a lot of work…
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Feed the Need: 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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Hot right now! Present & future developments in the Basware solution roadmap

Written by  Ilari Nurmi – SVP Purchase to Pay, Basware     Basware’s purpose is to help P2P organisations simplify operations and spend smarter. We have released several innovations in recent months that can help businesses to drive maximum adoption, maximum automation and maximum visibility. Peer benchmarking   Peer benchmarking is our latest data-driven innovation to…
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Blockchain: Beyond the Hype

Simon Taylor, Blockchain guru and host of the weekly Blockchain Insider podcast joined our very own Luke McAlpine on the main stage at Basware Connect London. Here’s the best bits from their session. The problem with any hyped technology, like Blockchain, is that its definition tends to vary depending on who you ask. So let’s…
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Change and Transformation – The Future of Finance

This year’s Basware Connect at CodeNode, London united finance and procurement professionals with industry influencers to explore how technology is shaping the future of finance. In between a few games of table tennis and a very popular Pizza & Prosecco gathering, the packed agenda featured inspiring trend talks on how to meet disruption head-on, and…
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Megatrends Shaping the Future of Finance

Written by: Eric Wilson – VP of Purchase to Pay   Disruption, innovation, transformation, change – the watchwords of modern business. But how do these apply to Finance and Procurement? What are the trends that are likely to shape your role? And how do you prepare to adapt to the opportunities that these bring? In my…
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Robotic Process Automation: What Does It Mean for Procurement and Finance?

Written by  Ann Stromberg – Marketing Manager   This week I hosted a conversation with Göran Martinsson of PwC and EBG Network to get a clearer picture of RPA’s capabilities for procurement and finance. In case you missed the webinar, here is the recap of our discussion. Robotic process automation (RPA) is one of the most-talked-about…
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Procure-to-Pay Mobile Collaboration: It’s Not About Hopping on the Bandwagon

written by:  Lindsay Munn Content Manager   Mobile features and functionalities may seem like a given – there’s an app for everything. But it’s no longer just a trend. Virtual collaboration platforms are the way business is conducted now – think Asana, Slack, Microsoft Teams – and often from mobile devices. So, why should procure to…
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7 Things to Look for in e-Invoicing Software

Written by Lindsay Munn Content Manager  According to research from Basware and MasterCard, only 20% of businesses have highly automated accounts payable processes that are optimized to effectively manage invoice payment. Why? One reason is that the solution options can be overwhelming. In this blog post, we’ll help you navigate this undertaking with 7 essential criteria for…
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