Basware signs accounts payable automation and e-invoicing agreement with leading security company in North America

Thursday, 02 October, 2014
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Basware Corporation, stock exchange release, October 2, 2014 at 10:15

Basware signs accounts payable automation and e-invoicing agreement with leading security company in North America

Basware has signed an agreement with a major security company in North America to provide its cloud based accounts payable and e-invoicing services. The agreement includes invoice automation and 100% inbound e-invoicing services. Basware is also providing Basware Analytics for improving accounts payable data visibility and a mobile solution for processing e-invoices.The value of the agreement is EUR 700,000 over three years.

"This organization is a subsidiary of our long-term customer and the agreement being part of a global transformation programme of the parent company's accounts payable process. We are very pleased to be helping them shape best practice in purchase to pay across their operations and form a strategic partnership with the parent company. Our joint mission is to deploy the Basware solutions quickly and drive value across all entities whilst enabling them to gain greater visibility into their purchase to pay process with seamless integration to their multiple ERP systems," 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