23 Sep MasterCard and Basware announce new partnership
Posted at 07:10h
in AP Automation, Purchase to Pay, Purchase to Pay Process, Supplier Networks, Supply Chain, Supply Chain Finance, Working Capital Management
On the back of the extraordinary announcements over recent weeks , MasterCard and Basware have just declared another supply chain finance deal.
It's a big deal and it's another sign if we needed it that products and services providing working capital support to business is one of the faster growing areas in B2B. I chatted to Esa Tihilä, CEO of Basware and Hany Fam, President, Global Strategic Alliances at MasterCard last week about this new partnership. It's good news for Basware - they now have an important new string to their bow, but I think it's even better news for MasterCard who couldn't have chosen a better partner.