Blog

During a two-day meeting, the Business Payments Coalition gathered together to continue their discussion of the GAP analysis of PEPPOL and Australian model and how this could be adopted in the US markets. From that meeting, we found 8 major takeaways.

Managing risk across your supply chain may feel like an overwhelming objective when there are so many moving pieces. Luckily, there are unique solutions available to better your visibility and compliance across all your processes.

More thorough spend visibility and better analytics shed light into procurement and can help you find the holes needing repair. Use the data revealed to establish more strategic decisions and spot maverick spend before it happens.

Machines can’t learn, artificial intelligence can’t think, and analytics can’t predict or prescribe what happens next unless you have a foundation of complete, accurate, timely data. This blog describes how you can capture 100% of your spend data, enabling you to use new technologies like AI in your Finance and Procurement strategy.

At Basware, our Advisory Services team not only understands the software happening behind the scenes, but also helps you get the most out of your integrated solutions.

The deadline for Italy’s mandatory e-invoicing mandate is quickly approaching. Make sure you’re up-to-date and learn what’s required from your organisation: if you do business on a global scale.

How are organisations preparing for the future and successfully utilising new technologies like AI? Read why digital literacy is so important and how to stay human in the face of AI in this guest blog from futurist Rohit Talwar. procurement and supply chain management to purchasing procedures and financial analytics.

Reduce your AP workload and save a lot of trees in the process with a new service from Basware: SmartPDF – the quick and easy way to improve AP automation.

Catch up on all the latest blog posts from Basware.

Here are 5 procurement blogs to help you plan for the new year. Attract the right procurement employees, integrate machine learning, increase supplier collaboration, and save money in 2019.

Still unsure about Machine Learning and AI? This technology is present in every step of the purchase-to-pay process and can add immense value to your organisation.

Zombie and ghost assets threaten the two things you never want in the finance world: lost money and risk. Integrate asset tracking with procurement to prevent loss and save time.

The Business Payments Coalition is a group of procurement professionals working towards allowing all buyers and suppliers to exchange invoices, regardless their provider. Read to learn more about what they’re doing and how you can help.

Know where you are going and help predict cash flow by seeing when spend is likely to occur. Leverage predictive analytics and real-time data with the new Basware committed spend dashboard.

Superfinance – The merging of mind & machine in finance & procurement

How do you manage 500,000 invoices each year? Tokmanni, the largest discount retailer in the Nordics knows. With Basware, not only do they process these invoices, they also match almost 70% of them to POs!

McDonald’s Germany is using Basware e-invoicing to process more than 270,000 invoices from nearly 30,000 German businesses per year. What’s their AP department’s Secret Sauce? This blog post reveals all.

Probably the most familiar beer brand in the world, Carlsberg is sending half a million e-invoices to their customers from their head office in Denmark. Find out how they achieved this AND saved 48% on post.

Interoperability connects multiple business networks allowing information to be communicated with ease. Now, let’s look at what else it can do for our organisations.

71% of P2P organizations said they expect the digitalization of B2B transactions will have a more transformational impact on the way they do their jobs than any other trend. Read the role networks will play.

Leveraging a Procurement Marketplace not only brings buyers and suppliers closer, it increases compliance with purchasing policies internally and drives user adoption. Read how.

Regulations have been set into motion to mandate e-invoicing in B2G. Similar laws are expected to affect B2B and B2C organizations. Are you ready to send e-invoices today?

Diagnose and cure supplier friction in procurement such as price negotiations, delayed payments, cash flow problems, mail room overload, and continuous inquiries to AP on payment status.

Catch up on all the latest blog posts from Basware. Covering everything from procurement and supply chain management to purchasing procedures and financial analytics.

When does reducing the number of invoices and streamlining a supplier database help keep planes in the sky? When you’re Finavia, and all your procurement processes are managed with Basware.

New technologies and digital transformation are vital parts of Procurement and Accounts Payable organizations. Learn strategies to prepare personnel and manage change.

Get a recap of the main concepts covered in the Hackett Group and Baseware webinar “Unlocking Digital Value in Procurement.” Link to on-demand webinar included.

Matching small amounts to purchase orders is a large task but not for Basware’s customer, Are – Finland’s largest technical building services provider.

Learn how Basware’s catalogue SmartSearch feature personalises and simplifies your product procurement process so you get exactly what you’re looking for

This is a summary of the Valmet –Basware case study. It explains why Valmet chose to work with Basware to automate its invoice and procurement processes.

Catch up on all the latest blog posts from Basware. Covering everything from procurement and supply chain management to purchasing procedures and financial analytics.

Catch up on all the latest blog posts from Basware. Covering everything from procurement and supply chain management to purchasing procedures and financial analytics.

100% supplier on-boarding is possible – want to learn how? Read this blog for the re-cap of our recent webinar on simplifying supplier on-boarding using improved tools within the Basware solution.

Read how DHL is using Basware for their full purchase-to-pay process around the world – with a successful rollout to more than 50 countries worldwide, so far.

With cost savings being a top priority, contract compliance is always front of mind for procurement. Learn how guided buying improves e-procurement and drives on-contract spending.

This post explains how machine learning, artificial intelligence (AI) and robotic process automation (RPA) are being used at Basware to help customers work towards getting 100% visibility.

You get procurement; we get procurement; your users don’t get procurement – and that’s exactly how it should be. Leverage technology and get 100% user adoption without overwhelming people. Learn how.

Technology is bringing the world closer every day and you need to ensure your purchase-to-pay solution is one that can scale with you. This is where global deployment suitability comes in.

You can change the process, but how do you change minds to solidify that change? We’ve put together a list of strategies to help you lead a transformation in AP through technology and change management.

Catch up on all the latest blog posts from Basware. Covering everything from procurement and supply chain management to purchasing procedures and financial analytics.

As we find more ways to unlock the power of automation and exciting new technology in the world of finance and procurement, here’s how we keep people at the center of our focus.

Read how digital transformation is changing the way procurement defines and measures value in this guest blog post from The Hackett Group.

Singapore was already a leader in e-invoicing adoption in APAC, and now they’re raising the bar by embracing PEPPOL e-invoicing standard. Read this blog to learn what this means for your global company.

How do we gather our customers’ feedback so we can improve how we serve them today at tomorrow? This blog post explains – and talks about what customers, castles and feedback have in common.

POs deliver tremendous value to organizations, but the idea that this tool can work for all spending is unrealistic. Read this blog to learn why ‘no-PO, no-pay’ policies are not enough to achieve 100% spend visibility.

Basware's Payment plans automate recurring non-PO invoices. You can optimise the AP automation by getting critical data visibility in the area of spending.

Gartner named Basware a Leader in the 2018 Magic Quadrant for Procure-to-Pay Suites for the third time1 – but it’s not as mysterious as it seems. Read on for a demystification of the Gartner Magic Quadrant evaluation process.

Organisations should view suppliers as strategic partners. In this post, we’re going to take a deeper dive into the process of segmenting suppliers to begin a supplier collaboration project.

What do procurement professionals need to know about modern technologies like artificial intelligence and machine learning to get control over indirect spend? Read this blog to find out.

Once you’ve rolled out an AP automation solution, look at extending automation to more areas – for example recurring invoices – and use tools like payment plans to optimise more processes.

Organizations face the relentless challenge of managing their data. Gain control with the standardization of data to optimise its use across the enterprise using the 4 Cs – code, company, category, country.

Get advice on Digital Transformation directly from the experts. The world is getting taken over by the Digital Revolution and all you need is a successful guide to be the part of this process.

Italy is now extending their requirement for electronic submission of invoices to business relationships between private companies. Find out what this means for you and your global business.

High invoice volumes and a lack of supply chain transparency breed risk in business. Read how you can improve supplier information management to reduce risk.

The mandate to “increase supplier collaboration” is easier said than done. Learn how to increase supplier collaboration and where to start today in this blog post.

Sometimes cleverly crafted software demos can gloss over important nuances or mask inadequacies. Here are 10 questions to ask in a purchase-to-pay demo.

Proper supplier information management is more difficult than it may seem on the surface. Read how to improve supplier information management in part 1 of this series.

Taking on a cloud transformation project may seem daunting. But your on-premise purchase-to-pay solution is hindering growth. Read 5 reasons why purchase to pay is better in the cloud.

In this blog post, Freshfields Business Analysis Manager Berenice Koch shares insights on how they integrated Basware’s future-proof, ERP-system-independent purchase-to-pay solution into their infrastructure, replacing an outdated invoice workflow system.

Armed with your procurement data and visibility into company buying habits, you can see the ways to reduce costs by better managing spending and suppliers. We recommend the following these 5 ways to slice and dice that spend data for cost reduction.

90% of all invoices worldwide are still processed manually – but not for long. Read how top performing companies are already targeting e-invoicing rates of 90% or above.

Read why you should join the largest open business network in the world - even if you already have a different purchase-to-pay solution.

Purchase-to-pay automation provides massive amounts of data. Making sense of it all and using it to better your business may seem like an impossible task, but it’s not.