Basware Expands Cooperation with ISS Palvelut Oy to Cover the Entire Purchase-to-Pay (P2P) Process in Finland, Sweden, and Norway


Basware has signed an extensive agreement to deliver an end-to-end Purchase-to-Pay (P2P) solution to ISS Palvelut Oy across its operations in Finland, Sweden, and Norway. ISS Palvelut has already been using Basware Invoice Automation solutions, and the cooperation will now be expanded to cover the procurement process as well. The agreement includes e-procurement, invoice matching, services for managing catalogs and exchanging procurement messages, validation services for incoming invoices, mobile use of the solutions, and supplier and customer activation services. The three-year agreement is of significant value to Basware and includes both licenses and services.



"By automating the entire purchase-to-pay process, ISS Palvelut will achieve significant cost and process benefits. With this new agreement, Basware will provide a shared procurement system for three countries, providing control and transparency to the procurement process of ISS Palvelut, which processes several millions of transactions per year," says Esa Tihilä, CEO, Basware Corporation. "We are pleased to be extending our relationship with ISS Palvelut in helping them become even more efficient across their business operations."



ISS Palvelut Oy is the third largest private employer in Finland, and a leading real estate and business facilities company. Its services cover all of the maintenance and support services needed by property owners and users. In 2012 the company's turnover was EUR 555 million, and it employed 12,000 people. ISS Palvelut is part of the international ISS Group which operates in more than 50 countries and has approximately 530,000 employees worldwide.



For more information, please contact:



Esa Tihilä

CEO

Basware Corporation

Tel. +358 40 480 7098



Distribution:

NASDAQ OMX Helsinki Ltd

Main media

www.basware.com



About Basware

Basware provides open, secure, cloud-based purchase-to-pay and e-invoicing solutions to organizations of all sizes, resulting in greater efficiencies in procurement, accounts payable and accounts receivable.



Companies across all industries, from small businesses to corporate giants use Basware solutions to drive sustainable cost savings, proactive insight to cash flows and improved buyer-supplier relationships. The Basware Commerce Network is founded on the principles of openness, where all types of organizations can collaborate and trade, making it the largest in the world. Today we connect millions of business users in 900,000 companies across over 100 countries.



Basware is the global leader in providing solutions for better buying, better selling and connected commerce. Find out how Basware boosts financial performance and profitability at www.basware.com.



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Source:

Basware, PL 97, Espoo 02601, Finland






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