Blog

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

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.

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

Learn how automating your accounts payable process boosts efficiency, reduces errors, and streamlines workflows for better financial control.

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

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

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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

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.

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.

See how accounts payable automation enables seamless remote work, boosts efficiency, reduces errors and ensures business continuity for finance teams.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Explore how AP automation drives efficiency, compliance, and resilience as businesses adapt to rising invoice volumes & a rapidly evolving digital landscape.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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

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

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

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.