News
January 18, 2012
Basware acquires fastest growing e-invoice network in Germany
Guildford, England, 18th January 2012 – Basware, the leading provider of purchase-to-pay solutions, has today announced the acquisition of First Businesspost GmbH ('1stbp'), the fastest growing and most innovative e-...
January 17, 2012
Large markets accelerating e-invoicing adoption rates globally
Guildford, UK, January 17, 2012 – Basware, the leading provider of purchase-to-pay solutions, and Billentis, the independent experts in e-invoicing, estimates that the number of B2B e-invoices sent globally rose by 20 per cent in...
January 4, 2012
UK FDs say they are more likely to put squeeze on suppliers as only 37 per cent report confidence in company’s financial performance
Guildford, January 4, 2011 - Almost half (45 per cent) of UK financial heads say that they are more likely to extend the terms for supplier payment now than...
December 15, 2011
Technology developments will play a vital role for finance and accounts payable departments to grow the business in a challenging economic climate
[Guildford, 15th December 2011] – Basware, the leading provider of purchase-to-pay solutions, has today announced its annual predictions for the...
December 14, 2011
HM Treasury says “majority” of invoices are received on paper
Guildford, 14th December 2011 – An FOI request, submitted by Basware, the automated purchase-to-payment specialist, has revealed that HM Treasury still receives the majority of its invoices on paper, leading to a...
November 30, 2011
Increased interdependency of financial systems leading to cash flow visibility concerns
Guildford, November 30, 2011 – Financial systems are becoming increasingly interconnected, within businesses and on a global scale, creating a network effect whereby any changes made to these systems...
October 13, 2011
Growth of Automation Services drives revenue growth
Guildford, 13th October 2011 – Basware, the leading provider of purchase-to-pay solutions, continued consistent growth in its financial results with the release of its Q3 2011 earnings, with a net sales growth of 4.2 per cent to EUR 24.1...
October 2, 2011
Rolls out Connectivity and Invoice Automation to streamline financial processes
Guildford, 3 October 2011 – Cofely, Europe’s number one energy and environmental services company, has taken on services from Basware to process its 240,000 invoices per year.
The company will roll out...
September 25, 2011
Financial software firm Basware reports a 400 per cent increase in software-as-a-service take-up in three years
[London, 26 September 2011] Basware, the global provider of ‘purchase-to-pay’ financial technology, has reported a big increase in software-as-a-service (SaaS) implementations...
September 6, 2011
Basware campaigns for reduced costs in the purchase-to-payment cycle
Guildford, 7th September 2011 – Basware, the leading provider of purchase-to-pay solutions, has found that the majority of companies in the UK and Europe are putting unnecessary pressure on themselves by overpaying in the...
July 10, 2011
Strong increase in transaction volumes attributed to growth
Guildford 11th July 2011 – Basware, the leading provider of purchase-to-pay solutions, continued consistent growth in its financial results with the release of its H1 2011 interim report and Q2 earnings. The results show a net sales...
June 20, 2011
Basware InvoiceOut™ combines process excellence with leading invoice automation technology to minimise cost and maximise agility of financial processes
[London, 20 June 2011] – Basware, the leading provider of purchase-to-pay solutions, has today launched Basware InvoiceOut™, a...
June 13, 2011
Only 18 per cent of companies automate this process despite 76 per cent of UK finance professionals believing that e-invoicing would help to streamline operational efficiency
[London, 13th June 2011] – Research from Basware, the leading provider of purchase-to-pay solutions, shows that UK...
June 9, 2011
A complete catalogue service allows organisations to trade with a multitude of organisations globally
[Guildford, 9th June 2011] – Basware, the leading provider of purchase-to-pay solutions, has today launched Basware Catalogs, offering businesses a complete package of catalogue services that...
May 31, 2011
The State Treasury of Finland subsidises e-invoicing portal to offer free electronic invoicing services to suppliers
Guildford, 31st May 2011 – Basware, the leading provider of purchase-to-pay solutions, has announced the first agreement of its kind whereby the State Treasury of Finland...
May 11, 2011
Basware’s Open Network becomes one of the biggest purchase-to-pay networks globally
Guildford, 12th May 2011 – Basware, the leading provider of purchase-to-pay solutions, has seen a significant increase in the number of active suppliers and buyers in its Open Network with the total...
April 13, 2011
Net sales and profitability increased strongly
Guildford, 14th April 2011 – Basware, the leading provider of purchase-to-pay solutions, disclosed strong growth in its financial results with the release of its Q1 2011 interim report, with a net sales growth of 12.7% from Q1 2010 to EUR 26...
April 5, 2011
Supplier reticence seen as primary barrier to adoption of e-invoicing
Guildford, 6th April 2011 – 97% of businesses believe that effective use of e-invoicing would help companies to achieve operational efficiency but adoption is hampered by the inability to offer suppliers the possibilities...
March 29, 2011
Best practice framework helps businesses identify strategies for effective purchase-to-pay
Guildford, 30 March 2011 – Basware, the leading provider of purchase-to-pay solutions, has today launched ‘The Cash Flow Manifesto’, a purchase-to-pay (P2P) model, providing a framework for...
March 7, 2011
Report cites Basware’s leading procure-to-pay solution and open network strategy
Guildford, 7 March 2011 – Basware, the leading provider of purchase-to-pay solutions, has been confirmed as a leader in eProcurement Solutions by Forrester Research Inc. in the March 2011 report The...