Basware Renews and Expands Invoice Automation Solution Contract with Invensys Plc in the United Kingdom
Linnoitustie 2, Building Cello
Press release date: July 13, 2012
Basware has renewed a contract to provide its Invoice Automation solution to Invensys Plc (BTR Industries). Additionally, the contract covers e-Invoicing and associated services to help facilitate all of Invensys Plc's e-invoicing as well as to activate the suppliers to send e-invoices. The value of the deal exceeds over EUR 650.000 over the contract term until March 2015. The solution will be deployed using Software as a Service (SaaS) delivery methods.
Invensys Plc develops and applies advanced technologies that enable the world's manufacturing and energy generating facilities, mainline and mass transit rail networks and appliances to operate safely and efficiently. Invensys brings its technologies to a global customer base: Invensys® solutions are used in around 180 countries worldwide, and the company has offices in more than 50 countries, employing around 20,000 people. Invensys Plc is listed on the London Stock Exchange.
"We are pleased to continue the cooperation with Invensys Plc. This is a proof of customer satisfaction and full scalability of our solution. With the Basware Invoice Automation solutions, companies can automate their invoice processing and quickly benefit from lower costs per invoice", says Esa Tihilä, CEO Basware Corporation.
Esa Tihilä, CEO, Basware Corporation
Tel. +358 40 480 7098
NASDAQ OMX Helsinki Ltd
Basware is the global leader in cloud based e-invoicing and purchase-to-pay solutions with more than 1,000,000 users in over 60 countries. Basware's B2B Cloud solutions and services provide an open, secure and global ecosystem for buyer and supplier collaboration, connecting more than 1.9 million buyers and suppliers globally. The solutions are architected to meet the needs of SMEs and global enterprises and are built upon Basware's deep knowledge and experience of B2B financial processes, coupled with intelligent cloud connectivity and the Open Network. With Basware, organizations benefit from more efficient procurement, accounts payable and accounts receivable processes, sustainable cost savings, better insight to cash flows and improved buyer-supplier relationships. The solutions are available via the cloud, on-premise or through business process outsourcing in Europe, the US, and Asia-Pacific through an extensive network of Basware offices and business partners. Basware Corporation is listed on the NASDAQ OMX Helsinki Ltd.