Basware expands e-invoicing services agreement with major German automotive company

Monday, 03 November, 2014
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Basware Corporation, stock exchange release, November 3, 2014 at 10:30

Basware expands e-invoicing services agreement with major German automotive company

Basware has expanded the agreement to provide e-invoicing services to one of the world's largest automotive companies in Germany. The services enable intercompany e-invoicing between all the business units globally. The value of the deal is EUR 700,000 over three years.

"Basware has been selected as the global provider of e-invoicing services for one of the world's largest automotive companies that continues on its journey towards 100% e-invoicing. The focus of this agreement is to streamline their intercompany invoicing and to increase the percentage of e-invoices sent and received in all business units globally with an easy-to-use infrastructure", says Esa Tihilä, CEO, Basware Corporation. "We are pleased to expand our relationship further with this significant customer and provide services that empower their e-invoicing adoption. We are working together with all our customers to make e-invoicing business as usual."

For more information, please contact:

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

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NASDAQ OMX Helsinki Ltd
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www.basware.com