Basware Executives Present Strategies for Leveraging E-Invoicing and E-Payment for Business Benefit at Exchange Summit Americas

6 June 2016

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STAMFORD, Conn., June 6, 2016 – Basware, the global leader in providing networked purchase-to-pay solutions, e-invoicing and innovative financing services, today announced that its CEO Esa Tihilä and other company executives will present sessions on how e-invoicing and e-payments can help organizations unlock value in their finance operations at the Exchange Summit Americas conference on June 7 - 8, 2016 in Orlando, Fla.  Basware also will be exhibiting its innovative purchase-to-pay, e-invoicing and e-payment solutions at this leading conference for the e-invoicing community.

During the conference, Tihilä will participate on a panel: Standards: Creating the Interoperable Eco-System - How is the Landscape Developing and What Key Developments are Underway? Tihilä, who also serves as the chair of the European E-Invoicing Service Providers Association (EESPA), will discuss the changes taking place in e-invoicing worldwide and the need for standards to promote open and free flowing B2B commerce.

Andrew Jesse, Basware VP and Marie Aloisi, VP and senior business leader at MasterCard, will discuss how companies can leverage e-invoicing and e-payments to ensure suppliers are paid on time, while enabling buyers to extend Days Payable Outstanding to increase cash and working capital.  Jesse and Aloisi also will discuss a variety of payment strategies and best practice case studies. Basware and MasterCard collaborated on the development of Basware Pay, a global e-payment solution.

Additionally, Mikael Mangs, VP, Network Services, Basware, Inc. will present a session on how e-invoicing can boost AR productivity and provide business benefits by eliminating inefficiencies, lowering costs and increasing cash flow.

This is the first time that an e-invoicing focused event of this kind is being held in the U.S. It underscores the growing interest in e-invoicing among North American organizations to gain visibility, cut costs and have greater control over payments and cash flow. The sessions, which will be held at the Rosen Centre Hotel in Orlando, include:

Five Ways E-Invoicing can Boost AR Productivity – The Sending Side

Tues., June 7, 2016, 3:45 p.m.

Mikael Mangs, VP, Network Services, Basware, Inc.  

E-Payments, New Value Derivatives from E-Invoicing

Wed., June 8, 2016, 9:45 a.m.

Andrew Jesse, Basware VP and Marie Aloisi, VP and senior business leader at MasterCard

Standards: Creating the Interoperable Eco-System - How is the Landscape Developing and What Key Developments are Underway?

Wed., June 8, 2016, 2:45 p.m.

Panel discussion including Esa Tihilä, Basware CEO and chair of EESPA 

At the conference Basware also will showcase its flagship solutions within the Purchase-to-Pay suite which enable companies to automate the invoicing process, greatly increasing visibility while reducing the processing time.  In addition, Basware will showcase its extensive e-invoicing services, e-payment solutions and its global business network, which is the largest open B2B network in the world.  

About Basware

Basware is the global leader in providing networked purchase-to-pay solutions, e-invoicing and innovative financing services. Basware’s commerce and financing network connects businesses in over 100 countries and territories around the globe. As the largest open business network in the world, Basware provides scale and reach for organizations of all sizes, enabling them to grow their business and unlock value across their operations by simplifying and streamlining financial processes. Small and large companies around the world achieve significant cost savings, more flexible payment terms, greater efficiencies and closer relationships with their suppliers. The company’s North American business, Basware, Inc., is headquartered in Stamford, Conn.  Find out more at www.basware.com.

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COMPANY CONTACT:

Robert Cohen                            

Basware, Inc.                                                          

robert.cohen[at]basware.com                                           

203-487-7905

MEDIA CONTACT:

Diane Pardes

Pardes Communications LLC

dpardes[at]pardescommunications.com

781-652-8059

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