Category: News

e-Invoicing Specialists

Basware positioned as a Leader in Gartner’s 2016 Magic Quadrant for Procure-to-Pay Suites report for second consecutive year

Evaluation based on Ability to Execute and Completeness of Vision Basware today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of its latest Magic Quadrant for Procure-to-Pay Suites* report. This was the second consecutive year for Basware to be recognised as a Leader in this report, now published for the second…
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Lessons learned from spreading business across sectors

The current downturn in the oil and gas industry is having widespread impact across a variety of sectors from technology to retail and printing to recruitment. While it has not been without challenges, one North East company is reaping their business across various sectors. Managing Director of e-commerce specialists nSYS, Julian Keating, said it’s business model…
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Basware listed as a Representative Provider in Gartner’s Technology Insight for Procurement Networks report

Basware has been listed by Gartner, Inc. in its “Technology Insight for Procurement Networks report.“ According to Gartner: “By electronically connecting buyers and sellers, procurement networks can increase the level of automation and efficiency of the procurement processes, including automatic matching of purchase orders and invoices, and prequalification of suppliers through the use of public supplier…
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Taking e-Invoicing to a new level

2016 is a challenging year for companies both sides of the pond. In this lower oil price era, cash flow and working capital management are more important than ever – meaning companies should neglect e-commerce at their peril. Janet Keating, Finance Director at nSYS Services, the automated procurement and e-invoicing specialists in Aberdeen, believes that switching mentality from large scale cost cutting, to a small spend for big reward, can save the…
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Making efficiency matter

E-commerce specialists, nSYS have teamed up with software giant, OnGuard to bring huge efficiency and cost savings to north east businesses. The credit management collaboration aims to bring improvements to back office operations which in turn can save clients thousands of pounds. Janet Keating, A&D Director of nSYS, explains the potential benefits this partnership can bring. She said: “As we all know cash flow is essential to all businesses and…
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Basware acquires Verian, a leading cloud-based purchase-to-pay solution provider in the US

Basware have announced that it has acquired Verian, a leading cloud-based solution provider in the fast-growing purchase-to-pay market. The acquisition further strengthens Basware’s market position in the US and supports Basware’s strategy to grow its cloud-based business revenues in key markets. Verian brings additional cloud-based customers and added e-procurement capabilities to Basware’s portfolio. The acquisition will…
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Basware named Best Provider of Working Capital Management Solutions and Accounts Payable by Global Finance

Basware, the leading provider of e-Invoicing and Purchase-to-Pay solutions, today announced that it has been selected as the best provider of treasury management systems and services by Global Finance magazine within two key categories: Best Provider of AP Solutions, and Best Provider of Integrated Working Capital Management Solutions. The full report of this survey will be published in the March…
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Basware predicts transformation in Business Financing in 2016

Basware predicts a transformative shift in the way companies will pursue financing, increase cash flow and grow their businesses in 2016. Built upon online business commerce networks that are changing the way business is done, key trends will drive this new business landscape, including: the consumerization of finance, marked by a focus on the customer experience; and…
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Purchase-to-pay on the go – gain a competitive edge through mobile access to financial processes

Corporate users and leaders are constantly on the move, but not all their business applications are as mobile. In today’s competitive environment, profits are tight and they are buried under slow processes or excess costs. Financial agility, fluid processes, information availability, and quick decisions are key to growing businesses. Mobility responds to this need, as…
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Basware Commerce Network reaches 100 million network transactions, reinforcing the growth of the e-Invoicing business and adoption

With 100 million annualised e-invoice and purchase order transactions sent and received across the Basware Commerce Network, the largest open business network in the world. This milestone highlights the success of Basware’s commitment to helping businesses unlock the value in their financial operations. For over a decade, Basware has been the driving force behind a…
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