BasWare Introduces A Cutting-Edge Mobile Application For Controlling The Purchase To Pay Process

The first mobile application to provide users with 24/7 access to BasWare Purchase Management and Invoice Processing

April 3, 2007; BasWare today announced the launch of BasWare Mobile Client, the first mobile application in the world to deliver complete remote control over the financial value chain. It allows businesses to remove any delay from the procurement and invoice approval process, enabling them to more easily capture early payment dividends and avoid late payment charges. As a demonstration of the high quality and innovativeness of the application, BasWare has also become a member of the Forum Nokia PRO Enterprise Zone, a program designed for business software developers. 

BasWare Mobile Client gives key financial process stakeholders access to its Enterprise Purchase to Pay solutions on a range of smartphones and mobile devices.  It allows users to handle and approve purchase requisitions from BasWare Purchase Management and invoices from BasWare Invoice Processing.

Matti Rusi, SVP Global Operations at BasWare comments: “BasWare has recognized the need within organizations for controlling spend when the key personnel are travelling. We’ve identified clear market demand for a mobile solution such as the BasWare Mobile Client and expect it to prove an excellent fit to our portfolio, because it has such an immediate impact on a business. It is an easy-to-use and safe tool for people on the move, enabling key budget holders to make financial decisions at any time. BasWare Mobile Client delivers full control over the P2P process in a timely and secure manner.”

BasWare Mobile Client provides mobile access to two key solutions for controlling the purchase to pay process:

• BasWare Purchase Management - BasWare Mobile Client enables users to view items in the approval workflow level information, including cost allocation and requisition history, which can be reviewed and approved, rejected or forwarded, allowing instant feedback on any decision.
• BasWare Invoice Processing - BasWare Mobile Client enables the quick and easy management of invoices. The solution provides detailed line-by-line access to invoice history and posting row data, to ensure any outstanding invoices are accurately reviewed, approved or rejected.

BasWare Mobile Client is currently available on the Nokia Nseries, Nokia Eseries and Nokia Communicator devices, and the Blackberry 7000 and 8000 series.  Users access the BasWare solution via a secure log-in and all traffic is encrypted over an SSL line, ensuring the security of financial information. Users can then work offline when connectivity is not available, and update at a later stage.
 
About BasWare
BasWare is the global leader in Enterprise Purchase-to-Pay and Financial Management solutions. More than 500,000 end-users in over 20 countries use its software to automate back-office financial operations to enhance efficiency, gain process control and transparency, and meet compliance requirements. BasWare’s products are widely used in Shared Service Centers.

In 2006, net sales reached EUR 60 million. The growth target for net sales for 2007 is 15–20% and will continue to be supported by a growing network of value-added resellers. Founded in 1985, BasWare Corporation is a public company listed on the Helsinki Stock Exchange.  Headquartered in Helsinki, Finland, it has eight subsidiaries in the US and Europe.