NBCUniversal Selects Basware’s Commerce Network and Accounts Payable Automation Solutions

20 May 2013

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Espoo, Finland, May 20, 2013 - Basware, the leading provider of e-invoicing and purchase-to-pay solutions, today announced that NBCUniversal Media, LLC, a major media and entertainment company, has selected Basware Accounts Payable Automation and Basware e-invoicing delivered across the Basware Network for connecting and transacting with suppliers, and automating the invoicing process. These solutions, which will be implemented in the U.S. and other regions globally, will enable NBCUniversal to conduct e-invoicing; gain visibility and control over invoices; and improve relationships with suppliers.

Basware Accounts Payable Automation will be implemented via Software as a Service (SaaS) on Basware’s Alusta, a cloud-based platform for purchase to pay.  Additionally, NBCUniversal will implement Scan & Capture and Basware e-Invoicing over the Basware Network.

“We are pleased to help such a prestigious media company gain critical visibility and control over its key finance processes,” said Mike Cassano, VP, Basware North America.  “Through e-invoicing and AP automation, NBCUniversal will be able to dramatically increase accuracy and compliance, while uncovering discounts and other opportunities for savings.  This will result in greater efficiencies, costs savings and improved communication with suppliers.”

The Basware Network is founded on the principles of openness to encourage all types of organizations to collaborate and trade, and the number of active buyers and suppliers trading in the network is now more than 900,000. Seamless connections with more than 160 international e-invoicing platforms make it the largest inter-operator network in the world, with buyers and suppliers exchanging e-orders and e-invoices.

About NBCUniversal
NBCUniversal is one of the world’s leading media and entertainment companies in the development, production, and marketing of entertainment, news, and information to a global audience. NBCUniversal owns and operates a valuable portfolio of news and entertainment television networks, a premier motion picture company, significant television production operations, a leading television stations group, world-renowned theme parks, and a suite of leading Internet-based businesses. NBCUniversal is owned by Comcast Corporation.

For more information, please contact:
Basware
Sirje Ahvenlampi
Tel: +358 (0)50 557 3822
sirje.ahvenlampi@basware.com

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