ConnXus Enters Strategic Partnership with Basware

MASON, Ohio, Aug. 28, 2018 /PRNewswire/ -- ConnXus, a global leader in supplier management for companies seeking responsible, sustainable and diverse sourcing, announced a new reseller partnership with Basware (Nasdaq: BAS1V), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services.

"ConnXus customers will now be able to access the proven global Purchase-to-Pay platform offered by Basware," said Daryl Hammett, ConnXus General Manager & Chief Operating Officer. "We are excited to be able to easily extend and increase the scope of services we offer through the Basware cloud offering. Our goal is to provide a holistic solution from a supplier management point of view across the entire supply chain."

As part of the partnership, ConnXus will immediately be able to resell Basware capabilities for the entire procurement platform. Because Basware accepts all invoice formats and offers a variety of integrated solutions, ConnXus customers, and their suppliers, can quickly become part of the larger global network.

Both companies seek to streamline the business-to-business network by providing full visibility throughout the procurement process.

"The ability to provide 100 % paperless invoicing and PO matching, regardless of system or format, is a key differentiator for Basware," said Mike Jasper, Director of Business Development for Basware. "We are excited to give the ConnXus customer network access to our free and open supplier network – the largest in the world."

About ConnXus

ConnXus supplier management software solutions simplify the complexities of global supply chains and allow buyers to achieve their goals of responsible and sustainable sourcing. ConnXus is a CPUC-certified minority-owned business enterprise based in Mason, Ohio with local, regional and international capabilities. For additional information about ConnXus and our growing suite of supplier management solutions, visit ConnXus.com.

About Basware

Basware (Nasdaq: BAS1V) is the global leader in providing networked purchase-to-pay solutions, e-invoicing and innovative financing services. Basware's commerce and financing network connects businesses in over 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. Find out more at www.basware.com.

SOURCE ConnXus