Transform with Full Source to Pay Automation

Simplify operations and spend smarter with a holistic approach that delivers 100% spend visibility

Book a Meeting

Source to Pay

Are you looking for ways to cut costs, increase efficiency, and reduce risk across your global operations?

Look no further. If streamlining your financial processes, gaining visibility into your overall spend, and releasing working capital from your supply chain are on your to-do list, a full Source to Pay solution can get you there quicker. And Basware is the only solution that can empower you to capture 100% of your financial data to get 100% spend visibility. 

Costly Operations

Paper-based processes are a drain on an organisation's limited resources. If you are not leveraging automation your employees are spending their time on tactical data entry activities, money is being lost every day because you are:

  • Struggling to control spending and enforce purchasing policies
  • Handling a lot of exceptions and disputes in your AP department
  • Dealing with strained supplier relationships and late fees
  • Unable to get visibility on how money is being used

Lacking Visibility & Control

With paper and manual processes, your financial data is probably scattered throughout the organisation, making it difficult to collect, organise, and analyse. If you don't have an automated Source to Pay solution, you're likely unable to:

  • Get 100% spend visibility and apply analytics
  • Derive actionable insights for process improvement, supplier quality, and fraud detection
  • Make informed, strategic decisions based on real-time, complete data.

Limited Supplier Transparency & Collaboration

A disjointed source-to-pay process means that your ability to form strategic partnerships with suppliers is limited. You're likely feeling this pain if you're experiencing:

  • Difficulty validating suppliers and supplier data
  • Uncertainty about fraud potential
  • Trouble right-sizing the supply base
  • Strained supplier relationships due to late payments, exceptions, and lacking communication
  • Concern about supply chain risk.

The Future is 100% Clear with Basware Source to Pay

With the largest and most adaptive business network that easily on-boards 100% of suppliers, a true AP automation hub that captures 100% of invoices, and an e-procurement solution that enables 100% user adoption, Basware Source to Pay is the only solution that delivers 100% spend visibility. Complete data capture and a powerhouse of business analytics arm you to save money, make growth a reality, and propel your organisation into the future. 

Book a Meeting
The Future is 100% Clear with Basware Source to Pay

Source to Pay Benefits

Propel your business forward with the market-leading end-to-end P2P solution. Join the largest open business network and leverage actionable analytics to create efficiencies, improve forecasting and grow your business.​​​​​​​

100% Spend Visibility

The greatest benefit of Source to Pay automation is the collection and aggregation of financial data across your entire operations in one single platform. Basware is the only solution with the capabilities to capture 100% of your data and empower you with ways to take action on it. When you're able to on-board all of your suppliers, capture all invoices from direct and indirect spending, and get everyone using the e-procurement solution, ultimately what you get is 100% visibility across all of your enterprise spending - and that's a powerful thing.

This visibility is the key enabling you to:

  • Understand how money is being used
  • Eliminate wasteful spending
  • Right-size the supply base
  • Get volume discounts
  • Ensure on-time, accurate payments
  • Source strategic partnerships and innovation
  • Forecast cash flow reliably.

Smooth Operations

Source to Pay automation eliminates the tedious, manual activities that slow-down your process, run-up costs, and make business difficult.

Once your workflows are automated for optimal speed and efficiency, you can expect to:

  • Dramatically reduce cycle times
  • Pay suppliers faster
  • Avoid late fees, lost invoices, duplicate payments, and other similar issues
  • Build and strengthen strategic relationships with suppliers
  • Save money and release working capital
  • Reduce supply chain risk.

Risk Mitigation

Automating your Source to Pay process means peace of mind. Moving away from paper-based, manual processes gives you the tools to:

  • Eliminate maverick spending
  • Ensure global tax compliance automatically
  • Prevent lost and duplicate invoices
  • Reduce exceptions and stop errors
  • Validate supplier data and increase supplier transparency
  • Create a complete electronic audit trail
  • Identify potentially fraudulent activities.
Gartner Magic Quadrant for P2P

Gartner Magic Quadrant for P2P

Forrester 2017 Vendor Report

Forrester 2017 Vendor Report

Leader in the 2018 IDC MarketScape

Leader in the 2018 IDC MarketScape

Features of Basware Source to Pay

The Basware Network

Basware Source to Pay is delivered over our network - the largest and most compliant, adaptive network in the world. Joining it means you'll gain access to 220+ global partner networks and over 1 million buyers and suppliers. Your organisation can use the Basware Network to send and receive purchase orders and invoices, manage vendor data, collaborate with partners, create or join payment programs, and take advantage of financing services to enable better cash flow management.

Read more about the Basware Network here.

100% User Adoption for e-Procurement

The best way to achieve 100% user adoption is to give users a procurement solution that fits in with the way they already work. With its compliant, consumer-like shopping experience, and advanced search abilities, users can easily and quickly find what they need. And when it's that simple, users will find little reason not to use the solution every time. After the user places the request, users can get what they need quickly thanks to line level approval workflows, ensuring that as items are approved, POs are created, and orders are placed without holding up the entire order for lagging approvals.

World-Class Global AP Automation

Basware's AP Automation solution processes 100% of your invoices. That means EDI, XML, paper, PDF, PO and Non-PO invoices for direct and indirect spending are all accepted on the Basware Network and converted into true e-invoices. All your invoices are automatically matched through invoice, PO, goods receipt, quality check, contract, and other means at the line level and header level - creating a touchless AP process and minimising exceptions. Our global compliance automatically ensures you're meeting various country regulations and tax requirements.

Read more about AP Automation here.

Integration Capabilities for 250+ ERPs

Many global corporations have multiple ERP systems, leading to costly integration projects for your IT team. With multiple ERP systems, your financial data is disjointed. But, with Basware, you don't need to worry - everything you need for integration lives in our purchase-to-pay solution itself. So, Basware can easily, quickly, and simultaneously integrate with all your ERP systems (we've done it for over 250 ERPs), making it the true central hub for all your financial data. Our solutions come with certified ERP intelligence, enabling seamless interoperability with the world’s leading ERP systems, including SAP, Oracle, and Microsoft Dynamics.

Learn more about how we integrate here.

Out-of-the-Box Analytics

Basware Analytics is your powerhouse of business insights. Using your financial data, a range of staple reports and dashboards help you analyse key procurement, AP, and finance metrics and take action on the information you see. You can perform granular analysis of your data to improve processes, identify and correct issues, analyse spending patterns, forecast cash flow, and make better informed decisions. Source to Pay analytics enable you to easily track progress against goals, benchmark your success against top performing companies on the Basware Network, streamline processes, spend smarter, and more.

Learn more about Basware Analytics.