Holistic S2P Ecosystem
Basware’s ecosystem philosophy is powered by a data-driven core that centralises processes and spend visibility using the above Basware procure-to-pay solutions (business network, electronic procurement, AP automation and analytics). This centralised core expands into and complements all S2P stages, using our open API and seamless integration capabilities.
Through the ecosystem approach, customers can expand their P2P processes to broader S2P functionality through value-added services like contract lifecycle management, strategic sourcing, supplier risk management by using our preferred partners or a suitable, alternative partner nominated by the customer. This expansion is powered by our integration capabilities that ensure the process is seamless, the various modules entwine, and all data is centralised and visible.
Learn more about our best-of-breed ecosystem approach
The Basware Network gives you access to 220+ global partner networks and over 2 million buyers and suppliers. Leverage the largest global, open commerce network to interact and collaborate with all your suppliers – from the largest to the smallest. The Basware Network is supported by easy onboarding services and there are no fees required to join.
The Basware Network is used in 175 countries across the world and supports multi-language and multi-currency invoice processing, with UI in 25 languages and multi-language customer support. We also offer the strongest global compliance with connections to government hubs that automate tax and compliance requirements across the world.
Basware Accounts Payable (AP) Automation solution accelerates your invoice processing cycles by eliminating manual AP processes across invoice receipt and approval. Basware solutions increase straight-through processing of invoices and minimise exceptions – by applying intelligent logic to automatically route, code, match, and approve invoices.
More touchless processing of invoices allows your limited AP staff to focus on value-added activities such as resolving exceptions, analysing spend, and managing supplier relationships.
Basware offers an advanced electronic procurement (e-procurement) solution to automate the entire procurement process from catalog and requisition management all the way through fast approval workflows, purchase order (PO) and goods receipt management, spend analytics, and beyond.
E-Procurement with Basware offers a compliant, consumer-like shopping experience, guided purchasing and advanced search capabilities, so that users can easily and quickly find what they need to purchase. This drives user adoption and compliance with purchasing policies, to reduce maverick spending.
Having the right data to make informed decisions is critical to staying agile in an ever-changing business world. Basware Analytics is you powerhouse for actionable insights to support company-wide agility. Using your financial data, a range of staple reports and dashboards, you can analyse key procurement, AP, and finance metrics.
Perform granular analysis of your data to improve processes, identify and correct issues, analyse spending patterns, forecast cash flow, and make informed decisions.
Basware Analytics enables you to easily track progress against goals, benchmark your success against top performing companies on the Basware Network, streamline processes, spend smarter, and much more.