Esa Tihilä
CEO, Basware Corporation

We will continue to support and develop our joint offerings to enable our customers to buy and pay for goods and services in a simplified, paperless and cost-efficient way.

This is great news for all North American customers because together with Verian we can provide a wider offering and services portfolio and we now have a stronger and larger organization to support our current and future customers. Best of all, our combined customers will benefit from even better and improved procurement and automated invoice processing solutions and services that will enable them to manage their spend, financial processes and working capital more efficiently.

Otherwise everything will remain the same, the same Verian and Basware teams will continue developing their market-leading solutions and services according to the existing product development roadmaps, and customers will have the same support across both Verian and Basware portfolios.

Verian customers and prospects not only have all the benefits of the solutions and services they know and love, but will also have access to Basware’s comprehensive, global offering and the opportunity to be part of the largest open commerce network in the world that connects more than 1 million businesses. 

Another big gain as a result of digitally connecting trading partners over the network is access to the new cloud-based financing services for capturing supplier discounts and just-in-time financing for payables and receivables. As a result, all trading partners can build better relationships with new options to improve cash flow and working capital.

This is a prime example of 1+1=3. We are now able to offer North American businesses in all market segments the most comprehensive and global purchase-to-pay, commerce network and financing services available today, without sacrificing anything they have grown accustomed to.  Through this union, customers and prospects simply have more options, more opportunities and more value, and reinforces our long-term commitment and stated strategy of being the leading networked P2P service provider in North American and the world.

Once again, as a CEO of Basware, I welcome all Verian customers and joint prospects to the Basware family and into the ecosystem of world’s largest open B2B commerce network!