Basware signs accounts payable automation and e-invoicing agreement with a provider of hospital services in North America

Monday, 05 January, 2015
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Basware Corporation, stock exchange release, January 5, 2015 at 10:00

Basware signs accounts payable automation and e-invoicing agreement with a provider of hospital services in North America

Basware has signed an agreement for the delivery of accounts payable automation and e-invoicing solutions with a provider of hospital services in North America. The solutions are powered by Alusta, Basware's unified cloud-based platform for purchase-to-pay. The agreement includes invoice automation and 100% inbound e-invoicing. Basware is also providing Basware Analytics for gaining immediate insight into their financial performance and a mobile solution, which enables reviewing and approving purchase invoices regardless of time and place. The value of the agreement exceeds EUR 350,000.

"This customer processes 400,000 invoices annually. Basware solutions enable them to cut costs and complexity and quickly switch to 100% paperless invoicing. They will achieve spending transparency and harness the power of easy visualization technologies to make better financial decisions. 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.

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