Basware

The Basware Corporation is a Finnish provider of software solutions and services with more than 1 million users in over 60 countries worldwide leader in purchase -to- pay solutions. The Basware Open Network for e -invoice and purchase today connects more than 320,000 companies worldwide.

The solutions of Basware optimize the entire process from procurement to invoice processing. They allow a fully automatic process, starting with the requirements relating to authorization, order, order and delivery confirmation through to invoice processing.

With the Basware solutions and services, companies can improve their liquidity, optimize working capital and manage their financial processes throughout the entire purchase-to- pay process flexible.

The solutions are implemented either locally or offered as a service. Basware it sells its own offices in Europe, the U.S. and Asia -Pacific, as well as an extensive network of business partners.

Basware Corporation was founded in 1985 and is listed on NASDAQ OMX Helsinki Ltd.. listed.

Among the customers of Basware include major international companies from various industries, including Nycomed, Alfred Ritter GmbH & Co. KG. , Heineken, Finnair and the Bonn General-Anzeiger.

History

Basware was founded in 1985. 1990 was a management buy -out. In 1992, the first Financial Management Software and 1997, the first Invoice Processing software appeared. In 1999, the company's first customers and partners outside of Finland.

In 2000, Basware was listed on the NASDAQ OMX Helsinki Ltd.. (formerly: Helsinki Stock Exchange) listed. In the same year first purchase management software and e -invoicing service and first electronic invoicing, archiving and procurement software appeared. In addition, the company expanded by several offices in Europe, in 2002, followed by a branch in the USA. In 2003, the first solution for IFRS scope of consolidation. In the same year Basware entered into a partnership with Xerox for a distribution in twelve European countries.

In 2004, the President of Finland Basware chose for the Internationalization Award. In the years 2005 and 2006 were carried out by canvassing Trivet software, and the software company Analyst.

2007 is the first provider Basware an EPP solution with full Unicode support. In the same year the Basware Mobile Client has been introduced.

International activity

Basware has grown internationally very quickly and in more than 60 countries on six continents worked. The target market of Basware is Europe, Russia, North America and Asia / Pacific. The company has 12 own branches and a dense network of partners. Overall, this comprehensive network support and service to over 1 million end-user ready.

Technology partner

Basware has partnerships with leading global technology companies.

• Since 2001, Basware SAP Partner.
• The interface for Basware Enterprise Purchase to Pay solutions, Basware anyERP adapter has two SAP certifications ("SAP ® Certified Interface" and " Certified for SAP NetWeaver ® ™ ").
• Basware is a Microsoft Gold Certified Partner and has the highest level of partnership and the Independent Software Vendor Competence.
• Basware is the Oracle Certified Partner. This certification guarantees that the Basware Enterprise Purchase to Pay solutions are seamlessly integrated with all Oracle ERP systems, as well as in JD Edwards and PeopleSoft ERP applications.
• In connection with the development of Mobile application is Basware member of Nokia Forum PRO Enterprise Zone, a special support program within Nokia 's international development program, Forum Nokia.

Since July 2009, Basware is also member of the Association electronic invoice eV ( VeR ).