Basware

Basware Overview

Basware is a global leader in providing Invoice Lifecycle Management solutions, designed to help finance teams achieve maximum efficiency, compliance, and control over their entire procure-to-pay (P2P) process. Trusted by thousands of organizations worldwide, including major brands like DHL and Sony, Basware processes over 230 million invoices annually. They are recognized as a leader in AP automation by industry analysts, including Gartner and Forrester.

Basware Key Features

• Intelligent Automation: Leverages sophisticated AI, trained on a vast dataset of invoices, to automate various AP tasks, delivering tangible ROI.
• End-to-End Invoice Management: Offers a comprehensive system to manage all invoices throughout their lifecycle, unifying processes and simplifying operations.
• Global Compliance Engine: Provides robust tools to ensure full compliance with global invoicing and tax regulations, offering complete control over financial transactions.
• e-Invoicing Network: Facilitates seamless e-invoicing, including receiving, sending, enriching, and archiving e-invoices, with interoperability across various networks.
• AP Automation Tools: Includes features like Touchless Invoice Processing, SmartCoding, SmartPDF, Invoice Matching, AP Protect, AP Audit & Recovery, and Statement Matching to streamline accounts payable.
• S/4HANA Hub and Integrations: Offers solutions tailored for SAP S/4HANA transformations and provides extensive ERP integrations for seamless connectivity.
• Procure-to-Pay Solutions: Extends capabilities to cover the entire P2P process, including e-Procurement and a Basware Marketplace.
• Supplier and Customer Focus: Provides dedicated resources and support for suppliers and offers services to enhance customer value and success.
• Analytics and Insights: Delivers Basware Insights to provide visibility and data-driven decision-making for finance operations.