05 Sep 2011 Basware to deliver Invoice Automation as a Service
I’m not sure that IAAAS will catch on as a 21st century business acronym – but what it stands for is impressive.
Basware will deliver Invoice Automation as a Service, together with Basware Connectivity services including Scan & Capture, Supplier Portal and e-invoicing to a worldwide leading supplier of pipe systems. The value of the deal over the contract period of 3 years is approximately EUR 650.000.
“We are happy to see that our solutions are more and more being delivered as a service. In addition Basware Connectivity services make invoice processing more efficient and lower costs. Our solutions also scale up easily when the customer’s volumes grow,” says Ilkka Sihvo, CEO, Basware Corporation.
Basware’s e-invoicing services enable automation of purchase and sales invoices as well as allow organizations to immediately shift to 100 percent electronic invoicing. The services include the transaction of e-invoices, data recognition services for scanned invoices, a printing service, supplier portal as well as supplier and customer activation. The service sends invoices in electronic format from the invoicing solution, transfers the documents to the desired format and transmits them to the buyer’s invoice processing solution or printing service, depending on the preferred solution. Additionally Basware activates suppliers to start using e-invoicing.