Basware expands its relationship with major global brewing company to provide e-invoicing services

Monday, 01 September, 2014
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Basware Corporation, stock exchange release, September 1, 2014 at 10:00

Basware expands its relationship with major global brewing company to provide e-invoicing services

Basware has expanded its relationship with a major global brewer and signed an agreement for the delivery of e-invoicing services in Denmark. The agreement is an extension to the current e-invoice sending solution that provides a fully outsourced service including printing and activation services. The value of the agreement is EUR 600,000 over three years.

"Our customer sends more than 200,000 invoices around the globe annually and is outsourcing the sending of them to Basware to manage on their behalf, allowing the customer to concentrate on their core business. Where necessary, we will print the invoices for their customers who cannot yet receive e-invoices and in the process enable even more of their customers to adopt and reap the benefits of e-invoicing quickly and easily and generate more value through their participation across the Basware Network to drive efficiency, scale and help strengthen all important supplier-buyer relationships", says Esa Tihilä, CEO, Basware Corporation. "We are pleased to continue our relationship with our customer and to further expand support to their financial operations and continue to improve their core financial processes."

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