Basware, a global leader in purchase-to-pay solutions, recently announced that it has been named the best global provider of Electronic Invoice Presentment and Payment Services by Global Finance, a leading magazine on international financial markets.
For the third consecutive year, the magazine recognized Basware’s exclusive position in its ranking of the World’s Best Treasury and Cash Management Banks and Providers 2012, which will be published in the March 2012 issue of the magazine.
Basware received this recognition for its leadership in invoice automation, procurement, and connectivity solutions that improve supplier and buyer relationships and promote electronic document exchange around the world, through one of the world’s largest open networks for e-invoice and purchase message transactions. The Basware Open Network allows suppliers to implement e-invoicing and connect to buyers without installing proprietary technology, which is typically required with traditional closed networks. By making it easier for suppliers to submit e-invoices and encouraging use of more electronic processes, Basware enables buyers and suppliers to drive down processing costs and improve control over cash flow, while increasing critical internal visibility between Procurement and Finance, and externally between buyers and suppliers.
Click here to read the entire Basware press release.
