Excited to be named Tableau solution partner of the year
Thursday, 12 Mar 2015
At Basware our mission is to help companies unlock the power of networked commerce with collaborative supplier relationships and actionable spend analytics.
Vice President, Global Product Marketing
That’s why we’re very proud to be recognized as a strategic solution partner of the year by Tableau, a market leader in business analytics and data visualization.
This award acknowledges the strength of the Basware’s global Purchase-to-Pay and Analytics solutions and recognizes the successful partnership between two market leaders.
"Our annual EMEA Tableau Partner Summit provides an opportunity for us to acknowledge partners doing exemplary work to help customers see and understand their data," said James Eiloart, Vice President for the EMEA region at Tableau.
The reason for the growing customer traction of Basware Analytics powered by Tableau is clear. Over the last decade, the way companies manage spend and working capital has become increasingly data driven and indirect spend is under the microscope at many organisations.
This has resulted in a dramatic shift in how companies manage spend. To cope with rising costs and global competitive pressure, the role of business leaders and line managers has shifted from managing budgets in a spreadsheet to continuously aligning spend with corporate strategy and current priorities.
Cash flow is the lifeblood of any business but many companies lack the necessary tools and real-time visibility into spend. As a result, they struggle with unplanned spend, high payment cycle times and administrative costs, late supplier payments and penalties, as well as missed opportunities to optimize working capital and improve payment terms.
In a business climate where procurement is increasingly distributed, business leaders need spend management tools that are insightful, easy to use and mobile. Imagine the potential savings and bottom line impact of putting powerful spend analytics in the hands of every cost center owner in the business, enabling them to:
- Access spend and financial insights anywhere, anytime
- Drill into different spend categories by team and location
- Monitor and improve discipline around spend behaviors
- Make better spend decisions to drive growth and increase profit
As a business leader responsible for a managing a global budget, it’s my job to ensure my team is spending on the right things to drive financial performance. Thanks to Basware purchase-to-pay analytics powered by Tableau, I can spend more time focused on top line growth while managing costs.
Thank you Tableau for recognizing our successful partnership.