Purchase to Pay empowers businesses to streamline operations, increase control and cut costs. Deeper collaboration between finance, accounts payable (AP) and procurement enables real-time cash flow visibility – letting you make better buying decisions each and every day.
• Gain immediate spend visibility. Our Analytics solutions deliver the real-time insights your business needs to empower users to proactively manage finances, allowing you to control costs, identify saving opportunities, improve cash flow and enhance supplier relationships.
• Negotiate and manage supplier contracts and obligations, and track spend and budget compliance against agreed-upon terms to realize the negotiated value.
• Ensure compliant purchasing is maximized via consumer-style shopping experiences that help ensure end-user adoption. Contract compliance engines make sure purchases are based on negotiated terms, and mobile apps empower employees with anytime, anywhere access to key tasks.
• Achieve 100% e-invoicing from day one and remove paper from your financial operations immediately. Regardless of the formats used, you can instantly receive invoices as e-invoices, helping to make your processes more efficient and reduce your invoice-handling costs by up to 90%.
• Attain best-in-class straight-through processing rates across AP through more intelligent, streamlined invoice-handling processes. Boost efficiency across operations while ensuring compliance with national and international payables legislation.
• Continuously improve performance through KPI analysis – make it easy for everyone to drive performance metrics, spot problems, identify root causes and take remedial action across the whole Purchase-to-Pay cycle.
Purchase-to-Pay: A Step by Step Guide to the Purchase-to-Pay Process - arm yourself with the knowledge to navigate your path to improved financial performance.
eBook: Purchase-to-Pay Manifesto: Benchmark your Business Agility with a Purchase-to-Pay model.
Provide financial control, insight and efficiency for large enterprises and emerging businesses alike with Basware AP Automation software and services.
At Basware, we are passionate about enabling companies to automate AP and gain full control over their invoice handling processes. With Basware, you’ll benefit from improved invoice management, optimized payment timing and assured compliance with external regulations and internal policies – all while reducing costs and streamlining processes. You’ll also gain the insight required to proactively manage cash flow, liabilities and working capital across your organization.
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Maximize compliant purchasing across your business by transforming e-Procurement into an easy, consumer-style online shopping experience.
Basware e-Procurement enhances contract lifecycle management, catalog content capture and e-Procurement processes through easy-to-use solutions designed to maximize end-user adoption so you can control spending and boost compliance in the most cost-optimized way. Suppliers are easily brought on board, too, because we make it simple for trading partners to connect, collaborate and transact anywhere in the world.See less
Packaged, ready-to-go procurement and AP reporting to empower everyone with the visibility they need to make better financial decisions.
Basware Analytics provides 100% visibility across Purchase-to-Pay, giving you actionable insight into what you spend, with whom and whether you should do so again. With the ability to create and share stunning visualizations of spend, purchasing and AP performance metrics across multiple locations and devices, you can be sure your users make the right financial decisions for your business.See less
Switch immediately from manual, paper-based processes to a simple and secure automated AP function and handle all your invoices via one e-invoicing provider.
A typical company can cut AP costs by as much as 90% simply by receiving all its invoices electronically. Receiving e-invoices makes invoice processing easier, faster and more productive and is the first step to a fully automated Purchase-to-Pay function. We can enable you to adopt electronic invoicing from day one, whether you receive tens, hundreds, thousands or even millions of invoices every month.
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Drive SSC excellence through enhanced visibility and performance insights.
SSCs can deliver on cost, quality, productivity and customer service metrics. However, as they are often viewed as cost centers within a business, they remain very cost-sensitive entities. Basware can both reduce the cost of SSC operations and boost their service level performance through Purchase-to-Pay and e-invoicing practices that create stakeholder value without disruption or complexity. We strive to be a flexible partner that champions the SSC cause.See less
Streamline your employee expense control process in order to reap significant cost savings on a large part of your indirect spending.
In addition, you’ll speed up reimbursement times through more efficient corporate travel management processes, thereby improve employee satisfaction. With Basware Travel & Expense Management, you can proactively control demand, ensure compliance with budgets, external legislature and internal policy, reduce the cost of expense claims processing by as much as two-thirds and provide actionable intelligence across the entire expense claims process.See less
Whether you’re a growing business or global enterprise, choose from simply getting off paper all the way to fully automated purchase to pay (P2P).
Best practice invoice handling workflows, e-invoicing and scanning services to help large organizations streamline AP.Request information
Feature-rich, easy-to-use solution that scales globally. Helps unlock cash management opportunities for large enterprises.Request information
A comprehensive e-procurement package which enables automated purchasing with catalog-based requisitions and e-orders.Request information
Transform your entire procurement and AP process. Collaborate with suppliers over the world’s largest commerce network.Request information
Perfect for smaller companies looking to rapidly and easily adopt a paperless AP process. Simply pay per transaction.Request information
Give us some contact details and we can arrange a call to discuss your exact requirements with no obligation.Contact Us