When we were founded in 1985, our main goal was to provide the best financial technologies on the market. And today, over 35 years later, that objective holds true.
2019
Launch: Basware can provide actionable insights to manage KPIs and workloads in AP departments and financial shared service centers
Launch: SmartOrders service advances collaboration between buyers and suppliers in the procurement process via actionable emails
2018
Launch: SmartPDF service easily turns email-based invoices from suppliers into true electronic invoices
Launch: Committed spend analytics include 100% of spend, both direct and indirect, based on purchase orders, payment plans and non-PO invoices providing both retrospective and future views into spend
2017
Launch: Basware analytics with the peer benchmarking capabilities enables users to track their performance against their peers
Launch: SmartCoding helps organizations further automate their invoice processing of non-PO invoices through machine learning
2016
Launch: Marketplace an advanced catalogue management solution for private and public sector
Launch: Collaborative e-procurement solution that engages employees to drive cost savings
Acquisition: Verian, a leading cloud-based purchase-to-pay solution provider in the US
2015
Acquisition: Procserve, the UK's leading e-procurement solution provider for the public sector
2014
Launch: Basware's first value-added services on the Basware Network, Financing Services portfolio
2013
Acquisition: Certipost, the leading e-invoice operator in the Benelux
2012
Launch: Alusta, the cloud-based B2B platform for transaction collaboration on Basware's Network
Acquisition: First Businesspost , the German e-invoicing operator
2009
Acquisition: Itella, a specialist invoice automation company
2008
Acquisitions: TAG Services and Contempus
2007
Acquisition: Digital Vision Technologies and its data capture expertise
2006
2005
2000
1992
1985
We don’t like to boast, but we do appear to have a habit of winning awards. See for yourself.
2019 Magic Quadrant Leader for Procure to Pay suites for the fourth time
High scores for use cases and capabilities in The Gartner 2019 Critical Capabilities for Procure to Pay Suites Report
2018 Magic Quadrant Leader for Procure to Pay suites for the third time
2016 Magic Quadrant Leader in Procure to Pay suites for the second time
2016 Technology Insight Representative Provider in procurement networks
2015 Magic Quadrant Leader for Procure to Pay suites for Indirect Procurement
Leader in the Forrester Wave: eProcurement Platforms, Q4 2019 with top scores for product strategy, globalization and invoice processing
Recognized as a Leader in The Forrester WaveTM: eProcurement Platforms, Q4 2019
2016 Vendor Landscape: B2B Business Networks positioning as one of the largest cross-industry supplier networks
Leader in the Worldwide SaaS and Cloud-Enabled Accounts Payable Applications 2019 Vendor Assessment
Value leader for all buyer personas in the Q2 2019 Solution Map for P2P
2016 listing in 50 Providers to Know
Best in Class in the 2019 ePayables Technology Advisor and #1 in Solution Strength and Invoice Process
2016 received the highest score for Adapability in the Procure-to-Pay Navigator report
2016 e-procurement solutions named Innovative Procurement Technology of the Year at Innovate Awards