Category: News

e-Invoicing Specialists

Independent research firm study reveals 277% return on investment and 15-month payback for Basware customers

Basware today announced the results of a commissioned study conducted by Forrester Consulting on behalf of Basware, titled The Total Economic Impact™ of Basware’s Integrated Purchase-to-Pay (P2P) Software Solution (September 2015). The study, as a result of in-depth interviews conducted by Forrester with executives from four Basware customers, examines the potential return on investment (ROI)…
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European e-Invoicing service providers processed nearly 1 billion e-invoices

986 million electronic invoices were processed and delivered to invoice receivers in 2014 by members of the European E-Invoicing Service Providers Association (EESPA), based on a set of survey results completed in June 2015. This represented a significant growth of 17 per cent over 2013 volumes of 840 million. EESPA commissioned this second annual survey…
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Basware’s mobile user experience simplifies Travel and Expense Management

Mobile scanning, saving and submission of expense claims simplifies expenses for employees and boosts cashflow for business. Basware has launched a new user experience for mobile and tablet users managing claims through the Travel and Expense Management (TEM) solution. The user experience will make the process of submitting, approving and paying expenses quicker and easier, with…
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New partnership & business deals confirmed for nSYS

nSYS has secured contracts with Melbourne-based Forpoint Solutions that will see their consultants working on the provision of a Professional Services Automation system for one of Australia’s largest mining corporations. In the UK nSYS are implementing Invoice Automation for the manufacturing division of Alexander Dennis Ltd, UK’s premier bus manufacturer and for Aggreko, the global…
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Learning on the job – Apprenticeship complete!

This time last year, Joanne Reid had completed her end of school examinations and was working full-time as a waitress.  Despite receiving two offers to study Marketing at university, the 17 year old decided to go down a different path to most of her peers. Preferring not to go to university, Joanne decided to start building…
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Basware Recognized for Implementing a Top 100 Supply Chain Project by Supply & Demand Chain Executive

Basware has announced that a customer implementation of its Invoice Automation solution, which saved an interactive entertainment software company more than $1 million, was selected for the 2015 Supply & Demand Chain Executive 100. This annual award from leading supply chain publication Supply & Demand Executive spotlights the leading supply chain projects that demonstrate supply chain excellence.…
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Basware launches white paper on why governments should go paperless

Basware has launched its latest white paper examining the impact of e-invoicing adoption on governments. While the global market penetration of e-invoicing is estimated to be just 10 per cent, the savings that e-invoicing can bring are contrastingly high – up to 90 per cent of the cost of processing. Low uptake of processing invoices electronically means…
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Basware Provides Guidelines to Help Companies Reduce Carbon Footprint

The global volume of bills and invoices is estimated to total a minimum of 500 billion annually, with 170 billion of these sent to businesses and governments, according to a Feb. 2014 report from Billentis: E-Invoicing/E-Billing, The International Market Overview and Forecast Report. B2B invoices contain multiple supporting documents, such as purchase orders, goods received…
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Basware named best Accounts Payable, e-Invoicing provider for Treasury & Cash Management

Basware, the leading provider of e-invoicing and purchase-to-pay solutions, today announced that it has been ranked among the World’s Best Treasury & Cash Management Providers by Global Finance magazine in its annual ranking. Basware was selected as the Best Accounts Payable Solution and Best E-Invoicing Solution by the Global Finance editorial team, with input from…
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Basware acquires UK’s leading e-procurement solution provider for the public sector

Basware Corporation has on April 8, 2015 signed an agreement to acquire Procserve, the leading e-procurement solution provider for the public sector in the UK. The acquisition price is approximately EUR 25.9 million. In 2014, the net sales of the acquired business amounted to approximately EUR 9.6 million. For the full press release click here.“Basware…
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