Basware Purchase-to-Pay can help you address your key business challenges

While every business faces a unique set of challenges, you can rely on Basware’s depth of experience, expertise, and flexible solutions to help guide you to Purchase-to-Pay success. Select among the most common business challenges below to see how Basware can help.

Challenge: Managing Demand

Explore how demand management enhances your position in the Purchase-to-Pay model
Purchase-to-Pay model ›

Solution

Centralize your requisitioning through eProcurement for enhanced workflow control. Ensure orders comply with budgetary restrictions and eliminate purchases for items already in inventory. At the same time, Connectivity allows suppliers to maintain minimal stock extending the value of timely logistics.

Read how Basware helped Ritter Sport manage their demand

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eProcurement ›

Challenge: Inefficient paper-based transaction process

Explore how Invoice Automation enhances your position within the Purchase-to-Pay model
Purchase-to-Pay model ›

Solution

Go paperless, reduce costs, and achieve full spend visibility from day one. Basware Invoice Automation streamlines your Accounts Payable process with automated processing and matching along with scan and capture services, e-invoicing activation services to move to fully electronic processes, document archiving to reduce storage costs and comply with financial regulation, and a mobile client to access your system anywhere, anytime.

Read how Basware helped Star Track Express streamline their transaction process

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Invoice Automation ›
eProcurement ›
Connectivity ›

Challenge: Optimizing working capital

Explore how optimizing working capital enhances your position in the Purchase-to-Pay model
Purchase-to-Pay model ›

Solution

In today’s economy, you need to ensure effective control of your cash and working capital. Basware Invoice Automation offers you full visibility over your cash outflows in real time. When you know your spend, you are able to unlock working capital for more strategic use to help drive profitable growth.

Read how Basware helped Loomis, Sayles and Company optimize their working capital

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Invoice Automation ›
eProcurement ›
Connectivity ›

Challenge: Controlling employee expenses

Explore how controlling employee expenses enhances your position in the Purchase-to-Pay model
Purchase-to-Pay model ›

Solution

Streamline your expense control process to reap an estimated 20% savings in indirect spend. Basware Travel & Expense Management offers you two-fold savings by eliminating the error-prone and abuse-prone manual reimbursement process and reducing the costs of manual oversight by two-thirds.

Read how Basware helped the Danish State control their employee expenses

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Travel and Expense Management ›

Challenge: Reducing supply costs

Explore how reducing supply costs enhances your position in the Purchase-to-Pay model
Purchase-to-Pay model ›

Solution

Capture substantial savings when you automate your Procurement and Accounts Payable processes. E-invoicing and Connectivity provide suppliers opportunities to offer more competitive terms with lower catalog management costs, easy purchase order to invoice flipping, and reported savings of 75% on postage and printing costs. eProcurement enables channeling of spend to preferred suppliers locking in favorable terms and conditions. Contract Lifecycle Management reduces risk by ensuring policy and pricing compliance as well as avoiding costs associated with missed renewal negotiations.

Read how Basware helped Plandent

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eProcurement ›
Connectivity ›

Challenge: Managing volatility

Explore how managing volatility enhances your position in the Purchase-to-Pay model
Purchase-to-Pay model ›

Solution

Full spend and cash flow visibility offers you considerable freedom in a volatile equity and currency market. With accurate forecasting of near-term spend, you can lower reserves to hedge against currency fluctuation. Similarly, you reduce your dependence on expensive external sources of liquidity.

Read how Basware helped FFE Transportation Services

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Invoice Automation ›
eProcurement ›
Connectivity ›

Challenge: Reduce maverick spending

Explore how reducing maverick spending enhances your position in the Purchase-to-Pay model
Purchase-to-Pay model ›

Solution

Spend is a key strategic asset when you have the power to rein it in under favorable terms and conditions. Coupled with the full visibility available through Invoice Automation, Basware eProcurement ensures you have complete control and compliance over your spend – locking in preferred suppliers and pricing.

Read how Basware helped ADT and Tyco Fire

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Invoice Automation ›
eProcurement ›
Connectivity ›

Challenge: Increase contract compliance

Explore how increasing contract compliance enhances your position in the Purchase-to-Pay model
Purchase-to-Pay model ›

Solution

Ensure the time and energy you spend negotiating terms and conditions and vetting your supply base is worth it. Basware eProcurement and Contract Lifecycle Management solutions ensure your Procurement and suppliers always know the prevailing terms of a contract and that the business follows it to the letter at the point of purchase.

Read how Basware helped Australian Pharmaceutical Industry

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Invoice Automation ›
eProcurement ›
Connectivity ›

Challenge: Improving accuracy of forecasting

Explore how improving accuracy of forecasting enhances your position in the Purchase-to-Pay model
Purchase-to-Pay model ›

Solution

Take the guesswork out of financial forecasting. Basware Invoice Automation provides accurate, real-time cash outflows within minutes providing you with vastly improved forecasting abilities. Basware Procurement gives you a clear outlook of near-term future spend while Travel & Expense Management provides you complete awareness of an additional 20% of your indirect spend. By combining solutions to implement full Purchase-to-Pay process coverage, your likelihood of achieving AP invoice processing excellence is doubled.

Read how Basware helped Aller Media

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Invoice Automation ›
eProcurement ›
Connectivity ›

Challenge: Improving cash flow management & visibility

Explore how improving cash flow management & visibility enhances your position in the Purchase-to-Pay model
Purchase-to-Pay model ›

Solution

Control your cash, control your destiny. Basware Purchase-to-Pay offers you full clarity of currency commitments across the purchase-to-pay value chain in real time, ensuring accurate overall cash management while reducing the risk of unforeseen expenditures. The benefits are clear – reduce the need for borrowing, lower your cost of capital, lower your exposure to currency fluctuations, achieve greater flexibility in financial decision making.

Read how Basware helped ACCO Brands improve their cash flow visibility

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Invoice Automation ›
eProcurement ›
Connectivity ›

The road to Purchase-to-Pay success starts here. Balance your cost, cash, and capital with Basware.