Maximize your e-Procurement success – 
 managing people, planning, and expectations

Global business can be complex. Managing supply doesn’t have to be. Whether your supplier is on the other side of the street or the other side of the World, you need to be able to connect, securely and easily. Basware Open Network lets you realise the true potential of a collaborative network of global supply partners. Send and receive catalogues along with all your purchase orders, confirmations, and e-invoices – from your network operator to anywhere in the world. Faster transactions also mean opportunities to eliminate late payments and capture significant early pay discounts.

Learn more about the benefits of catalogue-based procurement with the Basware Catalogue service available through Open Network.

• Boost catalogue-based purchasing by enabling regularly updated catalogue content from important suppliers through Basware Catalogues
• Built-in compliance features eliminate maverick spend, a major source of cash leakage
• Increase your confidence and trust in your suppliers with full transaction visibility
• Drive dynamic discounting – with automated invoice processing you can make payments earlier to capture substantial discounts
• Tap into a global eco-system of suppliers on Basware’s Open Network

Do you know your spend in real time? It’s a simple question, but for many companies it’s a difficult one to answer. In the past, Procurement and Finance were often seen as separate entities with separate goals and activities. Procurement bought the goods. Finance paid the bills. Today, their paths have begun to sharply intersect with dramatic effect. By finally enabling full integration with suppliers to share electronic content, Procurement makes all your supply transactions visible for greater spend under management. The result? You see your cash outflows for more accurate overall cash management and forecasting.

The benefits:

• Heightened network collaboration increases your spend insight – see cash outflows in real time for better cash management
• Enable dynamic discounting – make early payments for returns on capital of over 30%
• An open, global electronic trading network enables extended enterprise collaboration – send and receive e-invoices, purchase orders, catalogues, and more
• Collaboration enriches risk management – be aware of supply risks before they even become a concern