CHARLOTTE, N.C.--(BUSINESS WIRE)--Basware announced today that the spring release of its cloud eProcurement solution, from recently acquired Verian, offers users the latest in Purchase-to-Pay (P2P) technology to meet specific needs of varying roles, departments and industries. This innovation allows more flexibility to configure the eProcurement system in ways that increase user adoption, improve efficiency and productivity and give everyone valuable time back in their work day – ultimately driving savings from users across the enterprise.
This release focuses on delivering even more relevance to users – a key pillar of the company’s WeProcurement approach – to support them with leaner electronic processes for ordering goods and services. Configuring these processes for the nuances of various users’ daily tasks empowers these employees to make the best buying decisions in their natural workflow, without having to understand the procurement process.
Users will experience greater efficiency and track to budgets more accurately with additional mobile capabilities and enhancements to coding that show them only the relevant coding information they need and not more. A powerful travel and expense (T&E) engine will give users the tools they need to create expense reports on-the-go and allow companies to track this traditionally nebulous area of indirect spending within a single eProcurement system.
“We are excited to continue delivering the latest technology that drives savings and efficiency through collaboration and stewardship over company funds,’’ said Esa Tihilä, CEO at Basware. “WeProcurement has the power to change the way employees spend company money by focusing on their P2P needs – and we’re committed to delivering innovation to support the approach.”
Basware recently acquired Verian to bring the very best in eProcurement and invoice automation solutions to the market. Through this union, Basware is now able to offer North American businesses the most comprehensive P2P solutions, access to the world’s largest open B2B commerce network, and additional financing and supplier management services.
WeProcurement is now part of the Basware P2P solution line, empowering customers to harness the “Power of We” across their enterprise and create a collaborative process that delivers relevance, intelligence and awareness within the eProcurement system. This systematic approach makes employees better stewards over company funds by enabling everyone to work together to save costs, reduce risk and fuel new working capital. To learn more about WeProcurement and the relevance pillar, download the eBook.
Basware is the global leader in providing networked purchase-to-pay solutions, e-invoicing and innovative financing services. Basware’s commerce and financing network connects businesses in over 100 countries and territories around the globe. As the largest open business network in the world, Basware provides scale and reach for organizations of all sizes, enabling them to grow their business and unlock value across their operations by simplifying and streamlining financial processes. Small and large companies around the world achieve significant cost savings, more flexible payment terms, greater efficiencies and closer relationships with their suppliers. The company’s North American business, Basware, Inc., is headquartered in Stamford, Conn. Find out more at www.basware.com.