Factsheet: Marketplace for e-procurement catalogue management

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Basware’s hosted electronic catalogue management solution delivers greater contract compliance, improves supplier relationships and enables companies to capture both negotiated savings and procurement cost savings – simply by connecting preferred suppliers on the Basware Network to make supplier hosted catalogs and e-sourcing available for end-users in the buyer's e-procurement system.

Department for Work and Pensions in the UK conducted almost 650,000 transactions through the Marketplace with a value of over $190 million resulting in government procurement savings of $3.1 million annually (2011/12)