Basware and a Large Finnish Industry Group Renewed Their Agreement
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Linnoitustie 2, Building Cello
Press release date: January 10, 2012
Basware and a large Finnish industry group renewed their agreement for next three years. According to the agreement Basware will deliver Basware Invoice Automatio solution, scan&capture and e-Invoicing services to the group globally. The value of the deal exceeds EUR 450 000.
"We are happy to be able to renew our agreement with existing customer, which is a proof that our solutions are scalable and suit well the needs of our customers", says Esa Tihilä, CEO Basware Corporation.
The scan & capture service is part of Basware Automation Services that enable companies to improve purchase-to-pay process quality as well increase the number of electronic invoices, purchase messages and supplier catalogs while reducing time spent on reviewing, approving and processing. Basware Automation Services also makes it easier for suppliers to start transacting electronically.
Basware is the global leader in Purchase to Pay (P2P) solutions and aims to become the leading e-invoice supplier in the world. Founded in 1985, Basware Corporation is listed on the NASDAQ OMX Helsinki Ltd. Headquartered in Finland, Basware has a total of 20 offices in Europe, United States and in Asia Pacific. Net sales in 2010 amounted to EUR 103 million and number of employees was over 900.
Esa Tihila, CEO, Basware Corporation
Tel. +358 40 480 7098