Basware expands its relationship with leading environmental services company providing e-invoicing services in the UK

Wednesday, 05 November, 2014
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Basware Corporation, stock exchange release, November 5, 2014 at 12:30

Basware expands its relationship with leading environmental services company providing e-invoicing services in the UK

Basware has expanded cooperation with a major environmental services company and signed an agreement for the delivery of e-invoicing services in the UK. The agreement includes inbound e-invoicing services and supplier activation. The value of the agreement exceeds EUR 600,000 over three years. The customer has previously deployed Basware's solutions for scanning their inbound paper invoices.

"We are pleased to continue our relationship with this long-term customer and to support their financial operations and core financial processes. The customer processes 500,000 invoices annually. Basware's e-invoicing services enable the customer to receive 100% of their invoices electronically, directly to their invoice processing system via the open Basware Network that allows buyers and suppliers of all sizes to collaborate and trade. We will also ensure that their suppliers are on-boarded quickly and easily to adopt and reap the benefits of e-invoicing", says Esa Tihilä, CEO, Basware Corporation.

For more information, please contact:

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

Distribution:
NASDAQ OMX Helsinki Ltd
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www.basware.com