Basware Solutions for the Retail and eCommerce Industry

Accounts Payable Automation solution that makes it all happen for the Retail and eCommerce Industry

Over recent years, the retail industry has transformed from primarily brick-and-morter operations to online shopping, encouraging significant changes in consumer buying behaviors. In a highly competitive environment with increasingly tight margins, retailers must find ways to drive cost savings and maximize profitability.

With Basware, now it all just happens. Our AP Automation solutions help companies finally automate their complex, labor-intensive invoice processes to deliver process efficiencies and cost savings, while enabling real-time visibility of overall spending.

The benefits of AP Automation for the Retail and eCommerce industry

  • Keep up with changing regulations by relying on our local expertise in countless global markets.

  • Automate non-PO invoices using custom spend plans, AI coding, and better approval workflow.

  • Seamlessly integrate all your ERPs and other financial systems, no matter how many you use.

  • Develop a robust AP strategy with experts who know how to get a greater and faster ROI with an AP-first approach.

What can you achieve with Basware when True Automation happens?

89%

Touchless processing

99.7%

Electronic invoicing

85%

Paid on time

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Staples Business Advantage Cast Study

Staples, the world’s largest office products company, needed a way of delivering e-invoices directly to their customers’ back-office systems. They came to Basware to invest in innovation that could deliver results. 

Download their case study to learn how Basware’s e-invoicing solution helped Staples reduce their paper consumption and how their employees are now able to provide alternative e-invoicing methods for both large and small customers.

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Electronic invoicing means working more intelligently, reducing operational costs and helping to preserve the environment.

Staples Business Advantage

Retail Industry Factsheet

The rise of internet shopping and major shifts in consumer buying patterns have reshaped the retail industry. Innovative technologies like artificial intelligence are paving the way for greater development of retail solutions that deliver process efficiencies and cost savings.

Learn more in our Retail Industry factsheet.

Read now

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Basware Solutions for the Retail and eCommerce Industry

Contact us to see how our AP Automation Solutions can make it all just happen for your retail or ecommerce business.

Contact us

What does it take to make it all happen?

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Intelligent
Automation.

Sophisticated invoice-centric AI, trained on an unrivalled dataset of over 2.2Bn invoices, delivering real ROI.

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All Invoices. Everywhere.

One system across the entire invoice lifecycle to consolidate systems, processes and simplify your business.

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Full Compliance. Complete Control.

The world’s only end-to-end, dual-sided compliance engine for complete invoice lifecycle management.

FAQs

What other industries do you support with AP Automation?

At Basware, we are proud to deliver an AP Automation solution that's versatile to meet the needs of many industries. We firmly believe that no industry should be left out when it comes to streamlining their accounts payable processes, which is exactly what companies achieve with our solution.

Whether you're operating in the biopharma, construction, consumer goods, education, energy and utilities, financial services, healthcare, hospitality, manufacturing, oil and gas, real estate, retail and ecommerce, or transportation and logistics industry, rest assured, we've got you covered.

Each of these industries has unique needs and challenges, and our solutions are tailored to meet those specific demands. To see how we serve your industry, visit our industry-specific pages and explore how we can make a difference in your accounts payable operations.

What is AP Automation?

Dive into the world of AP automation, where manual tasks are digitized for enhanced efficiency. Discover its mechanics, benefits, and financial considerations, alongside answers to common queries and strategies for stakeholder engagement. Learn more ->

Why choose AP Automation?

As businesses seek efficiency and cost-effectiveness, the transition from manual to automated accounts payable (AP) processes emerges as a pivotal strategy. Delve into the realm of AP automation, unraveling its multifaceted benefits and constructing a compelling business case for its adoption. Learn more ->

What are the AP Automation challenges?

Discover the landscape of AP automation, from its promising benefits to the hurdles it may present. Explore our guide to uncover insights and strategies for successful implementation and optimization.

What is the AP Automation adoption and implementation process?

Explore the practicalities of adopting and implementing AP automation, from understanding the process flow to developing a comprehensive project plan. Gain insights into key steps and considerations, accompanied by answers to frequently asked questions for a well-informed approach. Learn more ->

What is an Accounts Payable audit?

Check out our comprehensive Accounts Payable Internal Audit Checklist, covering everything you need to know about auditing your AP operations. From fraud detection to compliance assurance, this guide explores the importance of AP audits and internal controls, offering practical insights to streamline operations and enhance efficiency.