Basware's embedded purchase to pay analytics gives you powerful insights into 100% of your financial data – prioritizing opportunities for savings and growth!
Most organizations begin by trying to capture spend data at the requisition level but this requires an overhaul of internal processes, chasing down employees to enforce compliance and managing an ever changing list of supplier catalogues – ALL to capture on average 26% of actual spend within your organization.
With Basware’s Analytics – you don’t have to change a single thing. Once you've implemented our AP automation solution, we work to onboard your vendors and streamline your payments throughout implementation. That means, on Day 1 of Go Live, you can see 100% of spend in your platform.That includes direct, indirect, On or Off PO, On or Off Contract, recurring payments, utilities, expenses and more.
You'll be empowered to fix process bottlenecks, improve efficiency, control spend and detect fraud. You'll get the tools you need to help you more accurately forecast cash flow, optimize working capital, minimize risk and map out where to take the company next.