BAS1V Basware Oyj

Basware Recognized in the Gartner® Critical Capabilities for Procure-to-Pay Suites Report

(Nasdaq: BAS1V) once again received a highest ranking for accounts payable invoice automation (APIA) in the latest .1

“For the past 35+ years, we’ve been working diligently to optimize accounts payable operations for our customers via innovative and proven automation solutions, so it’s rewarding to reconfirm that our global customers process the highest percentage of electronic invoices, independent of whether invoices originate from paper, PDF files or structured e-Invoices,” said Klaus Andersen, CEO, Basware. “We believe securing one of the highest scores for APIA for the second year demonstrates our strength in helping our customers in their journey of digitalizing their invoice processing, creating real spend visibility, and once and for all, getting rid of manual and paper-based processes.”

2021 Gartner Critical Capabilities for Procure-to-Pay Suites takes a deeper view into what Gartner has deemed the “critical capabilities” a best-in-class procure-to-pay (P2P) solution should have.

1 Gartner, “Critical Capabilities for Procure-to-Pay suites,” Micky Keck, William McNeill, Kaitlynn Sommers, Patrick Connaughton, November 15, 2021.

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Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Basware:

Basware is the only procure-to-pay and e-invoicing solution provider that empowers businesses with 100% spend visibility through 100% supplier connectivity and 100% data capture. Our cloud-based technology enables organizations to fully manage their spend, mitigate financial risk and reduce the cost of operations via automation. With the world’s largest open business network and an open technology ecosystem, we are uniquely positioned to deliver the solution required for Visible Commerce, which provides customers with complete transparency into all the flows of money, goods, and services around the world. A global company, Basware has offices in 14 countries and is traded on the Helsinki exchange ().

EN
19/11/2021

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