Basware expands its relationship with major Finnish corporation in metal industry providing e-invoicing services

Monday, 01 December, 2014
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Basware Corporation, stock exchange release, December 1, 2014 at 11:30

Basware expands its relationship with major Finnish corporation in metal industry providing e-invoicing services

Basware has expanded its e-invoicing agreement with a major Finnish corporation in the metal industry. The services enable the customer to both send and receive e-invoices. The value of the agreement is EUR 700,000 over three years. The customer is currently using the services in 12 countries and now they will be rolled out to additional countries.

"This long-term customer processes 800,000 invoices annually. Basware services enable them to receive all invoices as e-invoices empowering the customer to streamline operations, increase control and cut costs. At the same time they can experience the true benefit of connected global commerce via the Basware Network, an open network that allows buyers and suppliers of all sizes to collaborate and trade", says Esa Tihilä, CEO, Basware Corporation. "We are pleased to help this customer to unlock value across their financial operations and achieve new levels of spend control, efficiency and closer relations with their suppliers."

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