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Basware Launches Maturity Services to Help Customers Develop Source-to-Pay Processes

10 April 2019

Basware Launches Maturity Services to Help Customers Develop Source-to-Pay Processes

Espoo, Finland, April 10, 2019 – Basware (Nasdaq: BAS1V), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, recently introduced Maturity Services, a new assessment tool for Basware customers. Maturity Services helps organisations assess, develop and refine their source-to-pay processes to benchmark, and then achieve, best-in-class source-to-pay with Basware.

“What we often see is that organisations struggle to see where they stand compared to others in the implementation of automated processes. With Maturity Services we can help them not only understand where they are in their journey but also how they stack up against the current standard. Once they have a clear idea of key outcomes they want to achieve, Basware helps them strategise and agree on the concrete steps needed to reach them,” said Andrew Dos Santos, Business Consulting Practice Lead for Basware.

At the core of Maturity Services lies the maturity assessment tool – an online role-based survey that provides the customer with an understanding of their organisation’s maturity across seven areas that include Procurement, Accounts Payment and Organisation and Governance. It also gives a more detailed analysis of a specific area of customer’s interest, allowing focused development plans to be created and then actioned with further support offered through Basware coaching services.

“We’ve designed the assessment to be sent to multiple functional owners and stakeholders in the customer organisation. This allows us to capture various perspectives and share our expertise to help evolve operations and leverage our solutions to their fullest potential,” said Dos Santos.

“I honestly can't imagine doing this work without the Basware Advisory team,” said Ryan Martens, Director of Accounts Payable, Mohawk Medbuy. “Basware is up to date on best practices, so get the team in early and often. We continue to work on improvements thanks to the roadmap/Maturity Action Plan. It shows us that even better outcomes are available and achievable.”

For more information on Basware Maturity Services, visit the Basware blog here.


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About Basware:

Basware offers the largest open business network in the world and is the global leader in providing networked purchase-to-pay solutions, e-invoicing and innovative financing services. Our technology empowers organisations with 100% spend visibility by enabling the capture of all financial data across procurement, finance, accounts payable and accounts receivable functions. Basware is a global company doing business in more than 100 countries and is traded on the Helsinki exchange (BAS1V: HE).

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