Basware Has Highest Global Deployment Suitability Score

A Leader in the Gartner Magic Quadrant

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Aug 16, 2018, 09:00 ET

ESPOO, Finland, Aug. 16, 2018 /PRNewswire/ -- Basware (Nasdaq BAS1V) has received the highest score for global deployment suitability of any P2P solution provider from Gartner. The report, published in May, also recognized Basware as a Leader in the Gartner Magic Quadrant for Procure-to-Pay Suites for the third consecutive time.

"We pride ourselves on our ability to handle complexity for customers operating in a truly global environment," said Eric Wilson, SVP of North America at Basware. "When you consider the specific invoice formats, legal and tax requirements and invoice storage and archiving rules that span the globe, what once may have been a simple automation process takes on new meaning. Basware provides a solution that automatically takes care of those aspects and keeps pace with a rapidly changing compliance environment."

Headquartered in Espoo, Finland with 20 additional offices across North America, Europe and Asia/Pacific, Basware is well-equipped to support multinational organizations with complex requirements. The company offers an intuitive user interface in 24 languages, multilingual teams in multiple countries for supplier onboarding, and multi-currency and industry-leading compliance support so invoices can be sent and automatically converted to meet country-specific VAT/tax and format regulations around the world.

Basware is widely recognized for its ease of global deployment, superior technical support and consulting capability.

"We're delighted to be singled out in this report for this critical strength – perhaps the most important consideration for any company dealing with – or expecting to deal with - complex global procure-to-pay scenarios," said Mikko Pilkama, Senior Vice President Global Products at Basware. "In today's competitive environment it is especially important to choose a partner with experience supporting compliant purchasing and e-invoicing on a global scale."

About Basware:

Basware is the global leader in providing networked source-to-pay solutions, e-invoicing and innovative financing services. The Basware commerce and financing network connects businesses in more than 100 countries and territories around the globe. As the largest open business network in the world, Basware provides scale and reach for organizations of all sizes, enabling them to grow their business and unlock value across their operations by simplifying and streamlining financial processes. Small and large companies around the world achieve significant cost savings, more flexible payment terms, greater efficiencies and closer relationships with their suppliers.

SOURCE Basware