Basware expands cooperation with major brewing company providing extensive e-invoicing services

Wednesday, 16 December, 2015
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Basware Corporation, stock exchange release, December 16, 2015 at 13:00

Basware expands cooperation with major brewing company providing extensive e-invoicing services

Basware has expanded its e-invoicing agreement with a major brewing company in Denmark. The agreement includes a fully outsourced e-invoice sending service for automating the processing of all outbound invoices and printing and activation services to boost the e-invoice adoption among the buyers. The value of the agreement exceeds EUR 3.1 million over five years.

"We are very pleased to continue and expand our long-term strategic cooperation and close relationship with this significant customer. With Basware services, the customer enhances financial processes, cuts costs and complexity by automating the processing of the 600,000 invoices they send to their customers annually. Where necessary, we will also print the invoices for their customers who cannot yet receive e-invoices and in the process enable even more of them to adopt and reap the benefits of e-invoicing quickly and easily. The customer and their buyers are then able to easily collaborate across our open Basware Network where ever they are", says Esa Tihilä, CEO, Basware Corporation.

For more information, please contact:

Esa Tihilä, CEO, Basware Corporation
Tel. +358 40 480 7098

Distribution:
Nasdaq Helsinki
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www.basware.com/investors