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Blog

Archive listing

Accounts Payable

4 Key Takeaways on Emerging Trends in Global e-Invoicing Compliance

Read our blog to learn about 4 key takeaways on emerging trends in global e-invoicing compliance and how to stay on top of the regulation changes.

  • Georg SonnerGeorg Sonner
  • 5 min
  • December 20, 2021

Market Trends

Steady Your Supply Chain for the Omicron Variant with Visibility

Read this blog to learn how you can mitigate supply chain disruption from the Omicron variant and learn from the past.

  • Basware RepresentativeBasware Representative
  • 9 min
  • December 16, 2021

Market Trends

Futureproofing your S2P Strategy - Solution Ecosystem vs. Single Suite

In a joint webinar with Sievo, Forrester, and SirionLabs, we discussed what to consider when building your S2P strategy. Read this blog for a teaser of the chat and a link to the on-demand version.

  • Magnus BergforsMagnus Bergfors
  • 6 min
  • December 15, 2021

E-Invoicing

Compliance update: Italy cross-border e-invoice reporting requirements from July 1st, 2022

Italy cross-border e-invoice reporting requirements from July 1st, 2022

  • Jens NärgerJens Närger
  • 9 min
  • December 13, 2021

Procurement

Procure-to-Pay Trends Predictions and Advancements for 2022 and Beyond

P2P trends for 2022 are changing the game for organizations worldwide. Here are our top four P2P trends to watch for.

  • Katie ColbourneKatie Colbourne
  • 4 min
  • December 10, 2021

Accounts Payable

5 Ways Automation Improves Your Accounts Payable Processes

Looking to optimise your Accounts Payable (AP) processes? Look no further. Read this blog to learn how automation is the key to total optimization.

  • Basware RepresentativeBasware Representative
  • 4 min
  • December 1, 2021

Partners

Enabling World-Class Partner Implementations with Basware's Sound Boarding Service

Read how Basware’s Sound Boarding service within the Partner Center of Excellence program optimises partner implementations.

  • Niclas HillNiclas Hill
  • 9 min
  • November 23, 2021

Industry Recognition

Basware Flexes AP Muscles in Spend Matters SolutionMap, Fall 2021

Read about Basware’s “top tier” rankings in 7 out of the 10 functionalities in the in the recent Spend Matters SolutionMap, Fall 2021.

  • Alf SteinebachAlf Steinebach
  • 6 min
  • November 22, 2021

Accounts Payable

3 Questions to Ask to Successfully Archive Electronic Invoices

Reduce security risk, maintain compliance, and increase efficiency by automating your invoice archiving processes.

  • Martin LuxMartin Lux
  • 9 min
  • November 15, 2021

Accounts Payable

A New Approach to P2P – Ecosystem and AP First

In the 2021 Gartner® Magic Quadrant™ for Procure-to-Pay Suites, our market responsiveness in the wake of the pandemic was noted as a strength, as well as our AP Automation. Read to learn more.

  • Alf SteinebachAlf Steinebach
  • 5 min
  • October 28, 2021

Accounts Payable

Be prepared for France’s 2024 e-invoice mandate

While e-invoicing is already the norm for many France businesses, on 1st July 2024 all companies subject to VAT will be required to accept e-invoices. Read this blog and how Basware can assist with this mandate to ensure global compliance for your company.

  • Jens NärgerJens Närger
  • 10 min
  • October 28, 2021

Procurement

Basware to Help Expand e-Invoicing with the Business Payment Coalition

Recently, Basware has upped our role in the Business Payments Coalition (BPA) in the United States. With this increased involvement, Basware joins the E-Invoice Exchange Market Pilot.

  • Basware RepresentativeBasware Representative
  • 5 min
  • October 18, 2021

E-Invoicing

The future is open: Peppol Invoice Response

With the onset and adoption of Peppol worldwide, it’s important to consider how this affects supplier relationships. Read on to learn how you can improve these supplier-buyer interactions with Basware and Peppol Invoice Response.

  • Ali Al HamamiAli Al Hamami
  • 7 min
  • October 7, 2021

Procurement

Procurement Collaboration, Resilience, Technology, and Sustainability

In a recent Nordic Leaders Circle discussion, Nordic procurement and finance leaders discussed automation, analytics, sustainability, and the strategic role of procurement. Read for a quick recap.

  • Ann StrömbergAnn Strömberg
  • 8 min
  • October 5, 2021

Procurement

What is e-Procurement?

Electronic procurement, or e-procurement, is the business to business (B2B) process of requisitioning, ordering, and purchasing goods and services – find out more here.

  • Basware RepresentativeBasware Representative
  • 8 min
  • September 20, 2021

Accounts Payable

Robotic Process Automation (RPA) vs. Machine Learning (ML): What’s best for your P2P?

In this blog we clarify the differences between robotic process automation (RPA), artificial intelligence (AI) and machine learning (ML), to guide decision-making to deliver a measurable impact on your P2P operations.

  • Maarten LaukensMaarten Laukens
  • 9 min
  • September 17, 2021

Accounts Payable

Invoice verification checklist: You should pay...

When it comes to invoices, only those that contain the mandatory information required by law entitle companies to deduct input tax. But often, there are some unknowns when it comes to this mandatory information. Read to find out what’s required.

  • Sven MaschbergerSven Maschberger
  • 6 min
  • August 31, 2021

Partners

Cheers to 2 Years of Our Partner Program

Two years ago, we kicked off our Partner Program and made it a Basware “must win battle.” Read to see the progress we’ve made, where we’re at now, and what we’re planning for the future.

  • Sean DelaneySean Delaney
  • 8 min
  • August 25, 2021

E-Invoicing

Go Greener in Energy & Utilities with Digitization and Automation

With energy use contributing to 73% of all emissions globally, Energy and Utilities companies are the key players in the climate change issue. Read how digitizing your P2P processes contribute to sustainability.

  • Basware RepresentativeBasware Representative
  • 10 min
  • August 25, 2021

Procurement

Top Procure-to-Pay Risks During Project Implementation

As companies navigate a procure-to-pay (P2P) digitization project, inevitably there will be unknowns and obstacles throughout the process. Don’t overlook common procure-to-pay risks throughout the project implementation.

  • Katie ColbourneKatie Colbourne
  • 6 min
  • August 23, 2021

Accounts Payable

Evaluating AP Automation Software – Tips for Selection & Key Differentiators

Read this teaser from our latest whitepaper to learn how to evaluate Accounts Payable (AP) automation solutions and vendors and successfully select the best fit for your firm.

  • Basware RepresentativeBasware Representative
  • 10 min
  • August 12, 2021

Accounts Payable

5 ways software helps humans be more human

Ironically, advanced technology creates more complexity, giving people less time. Here’s how software can help humans be more human – by Michael Pyliotis, VP of Basware APAC

  • Michael PyliotisMichael Pyliotis
  • 10 min
  • August 4, 2021

Procurement

Procurement Post Pandemic – What Have we Learned?

Now more than ever, it’s time to use this momentum to embrace procurement disruption and digitize processes. Embrace change to encourage a transformation within your organization.

  • Katarzyna FonteynKatarzyna Fonteyn
  • 8 min
  • August 4, 2021

Market Trends

How Energy and Utilities Businesses Avoid Fraud with Automation

Energy and utilities organisations need to invest in technology that allows them to become insights-driven to properly manage risk and improve the overall P2P process. More in the blog.

  • Basware RepresentativeBasware Representative
  • 10 min
  • August 3, 2021

Procurement

Powering Up an AP Transformation Strategy for the Energy and Utilities Industry

In this blog, we delve into the value of AP automation and how two of Basware’s Energy and Utilities customers took control of their processes and costs by automating their AP operations.

  • Basware RepresentativeBasware Representative
  • 10 min
  • July 28, 2021

Accounts Payable

Accounts Payable Automation and Working from Home – Simplifying Remote Working

It's clear that some sort of remote work is undeniable for the future of business. So, what’s the best way to ensure your company keeps business running as usual? Empower accounts payable through automated solutions.

  • Sush KokaSush Koka
  • 11 min
  • July 26, 2021

AP Automation

8 Reasons Why You Should Automate Payments

Take your accounts payable (AP) operations to the next level by automation the final part of the process – payments. Learn the 9 key benefits you can realize by automating.

  • Sush KokaSush Koka
  • 6 min
  • July 15, 2021

E-Invoicing

How to ensure Peppol SI-UBL 2.0 compliance in the Netherlands

To stay compliant with e-invoicing regulations in the Netherlands, buyers and suppliers need to support Si-UBL 2.0, the updated version of a Peppol e-invoicing core format.

  • Ali Al HamamiAli Al Hamami
  • 12 min
  • July 15, 2021

Accounts Payable

The CFO Agenda Session Recap: Digitalisation – The Rise of a New Era of Change

In a digital event hosted by the CFO Agenda, 4 business leaders discussed the role of digitalization and how it has prompted a new era of business. Read this recap for their thoughts.

  • Basware RepresentativeBasware Representative
  • 7 min
  • July 15, 2021

Accounts Payable

Transform Your AP Pain into Peak Performance: A 3-Step Approach to Automation

Basware teamed up with the Institute of Finance & Management (IOFM) to identify a practical 3-step approach to getting the most out of your accounts payable (AP) operations with automation.

  • Basware RepresentativeBasware Representative
  • 5 min
  • July 10, 2021

Procurement

What is “Spot Purchasing?” And How Can it be Compliant?

Learn what differentiates a “spot buy” (or spot purchase) from a strategic sourcing or tactical sourcing even and how your company can transform these into compliant purchases.

  • Jyrki RajalaJyrki Rajala
  • 9 min
  • July 9, 2021

Procure to Pay

5 Life Lessons from Procure-to-Pay (P2P) Software

What can software teach us about life? Simplify, remember it's not all about you, start with what's urgent and see the bigger picture.

  • Basware RepresentativeBasware Representative
  • 13 min
  • July 7, 2021

Compliance

How to connect to Peppol and ensure e-invoice compliance

When ensuring globally compliant B2B & B2G connectivity, e-invoicing through Peppol is a central business requirement. Read on to learn what Peppol is, and how the Basware Network helps to connect to Peppol.

  • Ali Al HamamiAli Al Hamami
  • 13 min
  • July 6, 2021

Accounts Payable

Basware Helps LatAm Businesses Stay Compliant with Global e-Invoicing Mandates

Read to learn about the history of Latin America’s e-invoicing journey and how Basware helps businesses stay compliant with their mandates concerning e-invoicing and archiving.

  • Jens NärgerJens Närger
  • 12 min
  • June 16, 2021

Accounts Payable

Basware InvoiceReady brings AP automation to SMEs

InvoiceReady is the perfect solution for SMEs looking to automate their P2P, but aren’t quite ready for a full deployment. Learn the value of implementing this Basware solution.

  • Basware RepresentativeBasware Representative
  • 6 min
  • May 24, 2021

E-Invoicing

Let the pros help with global e-invoice compliance

Compliance is difficult, especially when you’re a firm doing business worldwide. Learn how automation and teaming up with Basware can simplify compliance, archiving, and audits.

  • Jens NärgerJens Närger
  • 7 min
  • May 19, 2021

How data-driven recommendations can drive your process efficiency and better spend management

In this blog, we discuss how using data-driven recommendations provided by elite and advanced analytics increases efficiency across your whole procure-to-pay process while also givng a better grip on spend.

  • Sanna EklundSanna Eklund
  • 8 min
  • May 18, 2021

AP Automation

The digital needs of the transportation and logistics industry

The global pandemic drastically changed the way people shop and therefore equally affected the way transportation and logistics companies operate. Learn how AP digitization and automation present opportunities to remain flexible amid uncertain times.

  • Rafiq RajaballyRafiq Rajabally
  • 7 min
  • May 13, 2021

Procurement

The top influencer of business commerce – consumer commerce

In this blog, we discuss how adopting an e-procurement solution mimics a consumer-like purchasing experience is a surefire way to help businesses reach their procurement goals.

  • Jason VinceletteJason Vincelette
  • 8 min
  • May 10, 2021

Accounts Payable

Reshaping the Future of Accounts Payable During a Digital Evolution

The need to automate AP processes has never been more pressing. IOFM partnered with Basware to analyze the best strategy now that invoice volumes are picking up for many organizations. Read more in this blog.

  • Basware RepresentativeBasware Representative
  • 5 min
  • May 6, 2021

Procurement

The “Why” and “How” of Supplier Diversity

Read to learn why supplier diversity is key to business continuity and brand reputation and see how Basware’s Supplier Management solution helps customers with their supplier diversification needs.

  • Sami PeltonenSami Peltonen
  • 6 min
  • April 29, 2021

Procurement

5 reasons it's important to accelerate P2P digitalisation: Forrester Total Economic Impact (TEI) P2P Webinar

Read the key takeaways from the recent webinar with Basware and Forrester Consulting on the importance of digitalizing the procure-to-pay process and how Basware measures ROI for its customers.

  • Sush KokaSush Koka
  • 5 min
  • April 22, 2021

E-Invoicing

Automate Biopharma Compliance and Focus on What’s Important

Compliance is difficult, especially when you’re a biopharma firm doing business worldwide. Learn how automation and teaming up with Basware can simplify compliance, archiving, and audits.

  • Jens NärgerJens Närger
  • 7 min
  • April 20, 2021

Procurement

Ramp up digital procurement with Basware, an IDC Leader

Digital P2P technologies are on the rise. Stepping up your procurement game and digitizing processes is one sure way to keep up with P2P trends. Read more in the blog about the 2021 IDC MarketScape.

  • Magnus BergforsMagnus Bergfors
  • 7 min
  • April 17, 2021

Market Trends

Transparency – the new (and most important) business responsibility

Consumers are demanding more visibility and transparency into how ethical, sustainable, and human organizations’ practices are. This blog discusses what this new responsibility means for businesses.

  • Jason VinceletteJason Vincelette
  • 11 min
  • April 6, 2021

Procurement

Real-time auditing in AP Automation

With Basware’s real-time auditing functionalities, AP teams can better improve cash flow, prevent fraud, and streamline reguation compliance. Learn more in the blog.

  • Jens NärgerJens Närger
  • 6 min
  • April 1, 2021

Procurement

Nordic Leaders Circle Recap – Key Takeaways and Insights from Leading Nordic CFOs

6 CFOs sat down for an enlightening roundtable discussion and answered questions regarding their operations amid the pandemic and their plans for post-pandemic success. Read the recap from the Nordic Leaders Circle discussion.

  • Anne SudgardenAnne Sudgarden
  • 12 min
  • March 31, 2021

Market Trends

Pharma and Biotech Supply Chain Risk. Solution: Automation

Biotechnology and pharmaceutical organizations need to invest in technology that allows them to become insights-driven to properly manage risk and improve the overall P2P process. More in the blog.

  • Dineka SharmaDineka Sharma
  • 10 min
  • March 18, 2021

Accounts Payable

Automation: The Cure for Pharma and Biotech Transformation

In this blog, we delve into the value of AP automation and how two of Basware’s Pharma and Biotech customers took control of their processes and spend by automating their AP operations.

  • Dineka SharmaDineka Sharma
  • 9 min
  • March 16, 2021

Accounts Payable

AP automation: now or never?

Is now the time for finance departments to finally transform their operations and digitize and automate their accounts payable processes? Yes. And this blog explains just why.

  • Sami PeltonenSami Peltonen
  • 8 min
  • March 9, 2021

Procurement

Cloud and Automation – Forrester provides quantified benefits of P2P

Based on research by Forrester Consulting, we now have the quantified value and return on investment (ROI) of cloud-based P2P solutions such as Basware’s. Read about the savings and gains possible.

  • Jason VinceletteJason Vincelette
  • 13 min
  • March 3, 2021

Procurement

The Rise of the Ecosystem in Procurement and Sourcing

The days of the P2P suite are limited. Instead, procurement sourcing should consider vendors with a strong core solution and partner ecosystems allow plugins for specialized microservices vendors.

  • Sami PeltonenSami Peltonen
  • 7 min
  • March 2, 2021

Procurement

Leveraging Basware Spend Plans for P2P process efficiencies & better spend visibility

With Basware’s Spend Plans functionality, organisations can account for recurring spend, eliminate manual handling and improve process efficiencies. Leveraging this feature provides full spend visibility for accurate forecasting and financial planning.

  • Jens NärgerJens Närger
  • 6 min
  • February 15, 2021

PEPPOL P2P – Closing the gap on e-procurement

With PEPPOL now expanding into more countries around the world, businesses must consider how it can be used across the purchasing process and throughout the whole procure-to-pay (P2P) process to extract greater benefits.

  • Mats HansenMats Hansen
  • 7 min
  • February 9, 2021

Procurement

Make the Most of Your P2P with Cloud

With the increasing usage of cloud-based operations over on-premise hardware, what’s the most effective way for businesses to upgrade their processes? This blog digs into Forrester’s research on just what firms can do and how cloud benefits organizations’ P2Ps.

  • Dr Matt LeesDr Matt Lees
  • 11 min
  • February 5, 2021

Accounts Payable

8 Accounts Payable Processes to Automate NOW

Take a look at these eight different processes within accounts payable (AP) that can be automated to drive immense efficiencies across the finance function and the P2P workflow overall.

  • Greg MesslerGreg Messler
  • 19 min
  • February 4, 2021

Procurement

3 Real Examples of Why You Need a Supplier Management Plan

Take a look at these 3 real examples of ineffective supplier management and the consequences. Also, learn 4 best practices to combat supplier risk.

  • Basware RepresentativeBasware Representative
  • 7 min
  • January 29, 2021

Market Trends

Top 10 Procure-to-Pay Trends You Can’t Ignore: 2021 and Beyond

How can organisations establish a plan for success moving forward into 2021 in beyond? Read about the top 10 trends we predict will be the most impactful

  • Basware RepresentativeBasware Representative
  • 5 min
  • January 21, 2021

Procurement

3 Disruptive Trends Shaping the Future of Finance and Procurement

How will AI, analytics, data, and business ecosystems affect procurement and finance roles? Read to get a sneak peek of our new ebook.

  • Basware RepresentativeBasware Representative
  • 4 min
  • January 15, 2021

Partners

How Basware takes Partner Onboarding and Training to the Next Level

Read how Basware breaks down their innovative and agile Partnership Onboarding Program by tracking customer satisfaction, time to value, and quality.

  • Thijs van BemmelenThijs van Bemmelen
  • 7 min
  • January 8, 2021

3 important lessons of 2020 from 6 CFOs

In our brand-new virtual event Nordic Leaders Circle, we were able to hear from a panel of 6 Nordic CFOs and hear what they learned from 2020.

  • Basware RepresentativeBasware Representative
  • 5 min
  • January 6, 2021

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