What is Basware?Basware is a provider of e-invoicing and purchase-to-pay solutions for businesses all over the world, in a wide range of industries. A number of solutions are available, designed to assist users in automating e-procurement, e-invoicing, and accounts payable processes, alongside managing fixed assets, inventories, contract lifecycles, travel & expenses, and more.
Basware offers users access to the Basware Network, an international business ecosystem which connects more than 220+ B2B networks around the globe. Joining the network enables businesses to connect with their trading partners and potential customers, exchange eCatalogs, send and receive invoices and purchase orders, create credit notes, join payment programs, and more. Basware supports over 70 different formats for e-invoices and automatically converts sent invoices to the preferred format of the recipient, removing the need for users to prepare different invoice or order types for different trading partners.
Basware Purchase enables users to automate their procurement process using built-in best-practice workflows to manage reviews and approvals for requisitions, purchase order creation, and goods receipt processes. The accounts payable processing software can make decisions on the best way to process invoices on behalf of users, based on approval policies, business rules, and the information in the invoice. Invoices are also automatically matched to orders, contracts, or goods receipts at the header level, line level, or both, to create coding and initiate workflows. Users are notified of new tasks, missing receipts, and auto-escalations, and can collaborate on individual invoices through ‘chat-like’ dialogues.
Basware offers users access to analytics covering the full purchase-to-pay process, giving users the opportunity to proactively manage KPIs, recognize problems and their causes, and identify cost savings across the whole enterprise. Ad hoc reports can be created at any time, and shared with colleagues through the native Android and iOS mobile apps.
Software by Baswarewww.basware.com