Stamford, Conn., November 11, 2016
ADS Solutions and Basware Announce A Partnership That Allows Wholesale Distributors Using Accolent ERP to Automate Accounts Payable and e-Invoicing
ADS Solutions®, a leader in business management solutions for wholesale distribution, announced a partnership with Basware, the global leader in networked purchase-to-pay (P2P) solutions, e-invoicing and innovative financing services.
ADS Solutions’ Accolent ERP® software is a fully integrated end-to-end ERP platform built on a web
architecture that can be deployed in the Cloud or installed on-premises. Accolent ERP delivers the full suite of functionality required by wholesale distribution.
Through ADS Solutions’ partnership with Basware, Accolent ERP customers will gain access to the leading einvoicing, invoice inquiry, and accounts payable (AP) automated workflow capabilities. Basware’s solution will work seamlessly with Accolent ERP software to allow customers to maximize profit and efficiency, provide access to funding, and establish a strong controls environment. The AP automation solution is very flexible and full-featured, accommodating recurring invoices and support for pre-defined payment plans.
“This partnership allows Accolent ERP customers to maximize their AP efficiency,” said Ann Grace, ADS Solutions Director of Marketing. “With Basware and Accolent ERP, customers can automate their entire AP process flow, saving considerable amounts of time and money. Our customers also gain access to Basware’s business commerce network which connects them to over one million companies across 100 countries, and links them to more than 200 interoperability partners.”
Venkat Bala, CTO at ADS Solutions emphasized the scale and technical flexibility of this global partnership, noting that “Basware’s network supports more than 60 invoice formats, including PDF, EDI, and cXML as well as outsourced scan and capture services and printing solutions.”
According to Tehseen Dahya, Basware general manager, North America, ADS Solutions customers can expect a seamless integration between Accolent ERP and the Basware network. “Transmitting invoices over the Basware network is simple; an account can easily be accessed from the ADS Solutions portal. E-invoicing presents efficiencies and advantages to both buyers and suppliers. Buyers benefit from increased visibility, efficiencies and control over invoices, while suppliers benefit from quicker invoice processing and potentially faster payment and improved cash flow,” said Dahya.
“This partnership allows Accolent ERP’s SMB customers to get access to the leading AP automation solution, and we are proud to have helped ADS Solutions create this partnership with Basware” said Daniel Ervin, CEO of Phoenix Fire.
Basware is the global leader in providing networked purchase-to-pay solutions, e-invoicing and innovative financing services. Basware’s commerce and financing network connects businesses in over 100 countries and territories around the globe. As the largest open business network in the world, Basware provides scale and reach for organizations of all sizes, enabling them to grow their business and unlock value across their operations by simplifying and streamlining financial processes. Small and large companies around the world achieve significant cost savings, more flexible payment terms, greater efficiencies and closer relationships with their suppliers. The company’s North American business, Basware, Inc., is headquartered in Stamford, Conn. www.basware.com
About ADS Solutions®
ADS Solutions is a leader in providing powerful, intuitive and easy-to use Cloud ERP software to wholesale distributors. ADS Solutions’ Accolent ERP software delivers fully integrated, end-to-end functionality for wholesale distribution, including sales, inventory control, warehouse management, fulfillment, purchasing, and e-commerce capabilities. Accolent ERP’s functionality is optimized for the Wholesale Distribution market across a broad range of vertical industries. ADS Solutions is headquartered in the San Francisco Bay Area in Novato, CA.