Espoo, Finland, 18 January 2018 – Basware, the global leader in networked source-to-pay solutions, e-invoicing, and innovative financing services, has won the Best Invoice Discount Management 2018 Award by Global Finance Magazine on its eleventh annual rankings for the World’s Best Supply Chain Finance Providers.
“We are honored to be recognized once again by Global Finance for our leadership in delivering innovative solutions and services that not only empower the buyer-supplier relationship, but also help create a new era of financing solutions. With Basware Discount, businesses can take advantage of their excess cash and reduce the costs of goods and services. Dynamic discounting also supports suppliers' cash flow,” said Mikko Pilkama, SVP of Network and Financing Services at Basware.
Global Finance’s editorial review board — with input from industry analysts, corporate executives, and technology experts — selected the best providers of supply chain finance and management services. Factors considered included, for example, market share and global coverage, product innovation, customer service, technology, and execution skills.
“New technologies have had a dramatic impact on supply chain finance, where digitalization is powering vast improvements in speed and accuracy of information. Our Awards home in on the leaders and upstarts with the most interesting and best ideas,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance.
Global Finance Magazine has recognized Basware’s innovation leadership several years in a row. For example, in 2017 Basware was awarded for best web-based supply chain financing solutions and in 2016 for best trade finance & transaction services as well as for working capital management solutions & accounts payables.
Read more about Basware Discount here.
Basware is the global leader in providing networked source-to-pay solutions, e-invoicing and value added services. Basware’s commerce and financing network connects businesses in over 100 countries and territories around the globe. As the largest open business network in the world, Basware provides scale and reach for organizations of all sizes, enabling them to grow their business and unlock value across their operations by simplifying and streamlining financial processes. Small and large companies around the world achieve significant cost savings, more flexible payment terms, greater efficiencies and closer relationships with their suppliers. Find out more at www.basware.com.
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