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Say hello to fully automated processes with Basware Touchless Invoicing. Learn more
Accounts Payable
Learn about the three, key takeaways from the last of our 3-part Autumn Webinar Series, “Machine Learning in Practice—Towards a Touchless AP Automation.”
Procure to Pay
Basware was named a Leader in the 2019 Magic Quadrant for Procure-to-Pay Suites for what our “ease of integration.” Learn how we seamlessly integrate with 250+ ERPs and business applications.
Procurement
Basware was named a Leader in The Forrester Wave™: eProcurement, Q4 2019. Read more to learn what features of our eProcurement solution we think identified us as a Leader.
Predictive analytics, data, S2P ecosystems, smart processing, AI, and compliance – just a few of the upcoming trends that we at Basware predict will be on all modern businesses’ strategic plan for 2020.
Catch up on all the latest blog posts from Basware. Covering everything from procurement and supply chain management to purchasing procedures and financial analytics.
Basware introduces a new way to request quotes from suppliers during your sourcing process—Framework Agreements. Always ensure you get the best price and terms for the services you need through this new feature.
E-Invoicing
No longer can organisations depend on OCR to help them achieve touchless invoicing or to provide valuable data to help their business. SmartPDF, e-invoicing, and Smart coding, on the other hand, can.
e-Procurement and APIA vendors are extending their solutions to provide for the entire end-to-end P2P process. Learn how joining Finance and Procurement teams together is the best way to manage this.
The rise of ecosystems, the 5 qualities of thee leading applications, getting the most out of your data, and analytics for root cause analysis are just four for the key topics discussed in our recent webinar.
Catch up on all the latest blog posts from Basware.
According to a recent EIU report, digitisation will greatly affect Finance and Procurement over the next years. Because of this, it’s vital to arm your workforce with digital skills and recruit digital talent.
Data rules the modern business world. Because of this, it’s important to know just how to use it to produce valuable analytics and fuel intelligent applications that will propel your business forward.
Basware’s global deployment suitability and general global scalability is just one of the reasons we were named a Leader in the 2019 Gartner Magic Quadrant for Procure-to-Pay Suites report.
2019 has been has seen great change thanks to e-invoicing, the European standard on public sector e-invoicing, and PEPPOL. Make sure your global or local organisation is aware and on top of changes that may affect your organisation.
Retail is changing and therefore, so must its procurement and finance functions. In order to keep up with these changes, it’s important to discover innovation within these roles to sustain retail.
Coexistence and coopetition are necessary amid competitive, business landscapes. Mix and match solutions provide a more personalised experience, allowing customers to best equip their organisations.
The pressure is on for retail organisations to deliver goods quickly, accurately, and oftentimes for free. They can do that and gain a competitive advantage by getting creative with their supply chains.
Basware scored highly across multiple critical capabilities and use cases in Gartner’s Critical Capabilities for Procure-to-Pay Suites 2019 including #1 in AP automation.
This is a review of what survey respondents had to say regarding the research process for the 2018 Gartner Magic Quadrant for Procure-to-Pay Suites.
Purchase-to-pay automation provides your organisation with massive amounts of data. Making use of it to better your business may seem like a difficult or even worthless task, but it’s not.
Shared service centers (SSC) and business process outsourcing (BPO) are facing digital transformation. In order to succeed, it’s important for them to proactively respond and prepare for the future.
Accounts Payable (AP) automation decreases careless errors, reduces the need for manual intervention, increases efficiencies, streamlines your operations, and helps fight fraud and mitigate risk.
It’s time to stop making excuses and start seeing the benefits of digital transformation. Security improvements, increased interdepartmental collaboration, and more strategic tasks await.
Basware’s user experience (UX) and user interface (UI) are two important contributors we believe contribute to our solution’s usability and Leader position in the 2019 Gartner Magic Quadrant.
In the latest EIU report sponsored by Basware, automation is believed to have the biggest effect on finance and procurement over the next two years. Here’s how industry professionals are preparing.
For the fourth time, Basware was named a Leader in the Gartner 2019 Magic Quadrant for Procure-to-Pay Suites. We believe our global scalability, usability, and ERP integration capabilities recognised us as a Leader.
It was time to change from an on-premise invoicing solution to a cloud-based one. So why did HOYTS choose to go with Basware again? Read the blog post to find out.
Is your organisation stuck in a “No PO, no pay” policy slump? Step back and see if this type of procurement policy is truly what your organisation needs.
Find out what Shared Service Centre leaders are doing to evolve their organisations by using AI and RPA to improve visiblility of spend management for effectiveness, efficiency and performance.
Find out what the attendees of the Procurement Innovation Festival festival in Sydney had to say to Basware about their perception of the future of procurement, P2P & S2P and their event take-aways.
Based on popular discussions had at Basware Connect, we’ve come up with five hacks that you can use to make your purchase-to-pay processes more efficient and easier.
In order to combat inaccurate and insufficient catalogue content, Basware now offers a way for suppliers and buyers to share the responsibility of updating content with the help of supplier-enabled content management Product Manager.
3 reasons you shouldn't use your ERP for procurement to pay
After deciding to transform your purchase-to-pay solution to the cloud, your next question might be “what’s next?” Take a look at what’s expected at each step of your transformation to the cloud with Basware.
OCR (Optical Character Recognition) technology reads invoices and converts them into machine-readable format. Learn more about OCR here.
The free market has always been that – free. So, what happens when open commerce is threatened by a changing global commerce landscape? Learn how procurement and finance professionals are combatting the threat.
In the Forrester Vendor Landscape report, Basware has been recognized for the sheer strength and reach of our network. Learn more about our network and how to choose the best one for your company.
There are a lot of moving parts when integrating your company with another during an acquisition or merger. Don’t leave your P2P solution on the back burner during the change.
Australia and New Zealand have made the decision to adopt the PEPPOL e-invoicing framework. The best way to prepare for these upcoming changes is by joining the Basware Network.
In order to manage and reduce supplier risk, it’s important to adopt an always-on, automated, and systematic approach to monitoring your suppliers. Here’s how Basware’s newest Vendor Manager feature can help.
Transitioning from manual to automated invoice processing was a successful move for this international manufacturing company, whose efficiency levels increased by 50%.
Basware’s new feature, SmartOrders, simplifies the purchase order process by allowing buyers to send POs via email and suppliers to receive, respond, and flip the PO into an invoice all from an actionable email.
Heineken Nederland unified their five separate ERP systems thanks to Basware’s award-winning “ease of integration” capabilities, touting our experience and leadership in integrating to +250 ERPs.
Manual invoice exception handling decreases visibility, and leads to missed early payment discount opportunities. Where other solutions fail to help, Basware’s invoice automation processes fill the gaps.
When implementing a change management plan for purchase-to-pay, you must adopt and adhere to a “the sooner the better” philosophy. Get your team on board and define your goals early to ensure success.
You have the questions, we have the answers – What you need to know as a sender and receiver of PDF invoices by e-mail.
“Visibility” is the million dollar word in the procurement landscape. But not all purchase-to-pay softwares can deliver on their promises. Building awareness of the potential pitfalls is key to your organisation’s success.
Basware’s new Approval Confidence Index scoring makes it easy to choose items for purchase and approve or deny requests. Using transactional data, it scores transactions on a 1-10 scale for quick decision-making.
Benchmarking is an important part of ensuring the growth of your organisation. Learn how peer benchmarking, internal data, maturity assessments, and stakeholder input affects this process.
Not just aligning, but integrating your Finance, Procurement, and Treasury departments can bring cross-departmental efficiencies and open the door to better purchase to pay.
Electronic invoicing has been around for a while. But, some organizations still don’t realize how many facets of their organization it positively affects, outside of just e-invoicing.
75% of end users say a better pool of approved suppliers would help reduce maverick spending. Maybe it’s time to shed some light on why employees provide responses like this…maybe it’s time to ask ‘why?’.
Case Study
Removing the heavy burden on Toyota Industrial Equipment’s staff saved time for finance and those responsible for dispute management. Find out how – read the case study summary.
Digital transformation plays a vital role in ensuring your organisation continues to grow. Make sure you’re not stunting your growth by fearfully not fully embracing the digital transformation.
When Heineken Nederland, one of the world’s leading brewers, needed to automate 430,000 invoices each year they turned to Basware’s e-invoicing, scanning and matching solution to help them.
Social Responsibility
Global purchase-to-pay leaders by day, avid advocates of fun and giving back by night. Here’s just some of the fun had and volunteer initiatives performed by Baswareans in 2018.
Procurement professionals should look to an Asset Management tool as a way to achieve their cost savings goals and get more spend under management.
It’s important for procurement to review their decision to adopt a P2P solution. Take a look at your decisions and understand if you’re truly using your P2P system to its fullest ROI potential.
One of the biggest parts of Basware’s business model is taking customer feedback very seriously. Using this information, we make our solutions as customer-centric as possible.
Toshiba selected Basware for their purchase-to-pay solution because they knew a global deployment suitability leader would help them reach their e-invoicing goals.
Basware case study: VINCI Energies has streamlined and digitised the process of sending and receiving invoices for over 1,600 business units in 52 countries around the world. That’s the power of Basware!
Increase buyer satisfaction with your organisation's service and quality by introducing effective guided purchasing experiences for your employees. Your team will thank you, too.
The new year brings new regulations and compliance standards for PEPPOL. Make sure your global or local organization is aware and on top of changes that may affect your organization.
Managers face the challenge to implement digital transformation in their organizations. Though the idea may come from the top, the steps to achieve it starts at the bottom
Procurement gets a bad rapport because of their seemingly nonstop demands for policy and budget adherence. But, procurement should, instead, be considered a hero.
ConnXus is now a reseller of Basware and with a holistic approach towards supplier management, they'll help customers access the best procurement solutions through inclusive procurement strategies.
Gartner’s Magic Quadrant for P2P Suites named Basware a pioneer of open B2B networks, praising our Network as one of the most extensive, global e-invoicing networks available.
Ongoing education and training, visibility into your supply chain, and an end-to-end purchase-to-pay platform are a few ways your organisation can battle maverick spending.
Olav Maas
Jason Vincelette
Jeff Meredith
Sush Koka
Michael Pyliotis
Sanna Eklund
Basware Representative
Ali Al Hamami
Sean Delaney
Sami Peltonen
Kevin Kamau
Cristian Tudorache
Darryl Owen
Pekka Lindfors
Maximilian Borgmann
Andrew Dos Santos
Adoum Namde
Guest Author