Financing Services

How tech can make the CFO’s job easier

Over the last few years, I’ve read countless articles about the role of CFOs evolving from traditional skills and disciplines to wearing multiple hats and becoming a strategic force within the business. Today, we’re focused not only on reducing costs but shortening time to value, to give our organizations the agility to adapt to dynamic market conditions and compete in a more interconnected world...

Are you sitting on a potential Goldmine?

Launching a business, project or venture used to be not for the fainthearted:it typically involved asking a few people for large sums of money, with high risk and uncertain reward.   As The Next Big Thing shows, crowdfunding is an innovative way for budding entrepreneurs and start-ups to raise finance, by using the power of the internet and social media to ask a large number of people each for...

Welcoming Verian customers to the world's largest open business commerce network

In case you haven’t heard, on March 31 we welcomed a new addition to the Basware family - Verian. We acquired Verian because we value their expertise, skills and market leading solutions. With this leading cloud-based purchase-to-pay solution provider in the US now on board, we can leverage our complementary strengths and synergies, and we’re particularly delighted about what that means for...

And the Winner is…

Every year, Hollywood hands out awards to honor the best and brightest in the film industry. The same thing happens in our industry – albeit with less paparazzi—and we were very excited to receive three prominent awards in Treasury & Cash Management and Supply Chain Financing from one of the foremost industry publications, Global Finance. Based on our innovation and the value we provide to...

See more, do more – cash management through visibility

Businesses typically have quite a low percentage of spend that is under management. It’s a tricky area to master as it relies on everyone in the business committing to some sort of process. Travel and expenses are the prime examples - often they’re done on short notice, and a purchase order process is impractical, if not impossible. We have talked about the ‘networked’ CFO being the true master...

Optimising Working Capital – Let Commerce Flow

If we’ve said it once, we’ve said it a thousand times…and now it’s more true than ever: working capital and cashflow make or break a business. Sometimes we just need reminding of that. Because, after all, it’s easier said than done. The ‘networked’ CFO of the modern business is constantly pondering on the issue of optimising working capital…how can she get more from the purchase-to-payment...

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