Basware has signed an agreement with a large global industrial corporation
(Thomson Reuters ONE) -
Basware Corporation stock exchange release, September 2, 2010 at 14:20
Basware will provide e-invoicing services to a Finnish global industrial
corporation for receiving e-invoices. Basware Business Transactions Service
enables the customer to receive invoices in an electronic format globally. The
value of the deal is not disclosed but it does not have a significant impact on
Basware's net sales and profit in 2010 yet. Additionally, Basware will provide a
supplier portal to enable the customer's suppliers to submit electronic
invoices. The growing e-invoice volumes will have an impact on Basware's net
sales and operating profit in the future.
"This global agreement is an important one for us and it proves our solid
competitive competence in e-invoicing markets and our ability to further expand
and develop our e-invoice and supplier network," says CEO Ilkka Sihvo, Basware
Corporation.
Basware Business Transactions is a part of the extensive Basware Connectivity
Services. Basware Business Transactions e-invoicing service delivers invoice
data directly to the customer's invoice processing solution, which speeds up the
invoice approval process as incoming invoices can automatically be posted and
matched to an existing contract. Receiving e-invoices increases the automation
of the invoice handling process as no scanning is needed and posting can be done
automatically per line item. Electronic invoices can be received to any invoice
processing system.
BASWARE CORPORATION
Ilkka Sihvo
For more information, please contact:
CEO Ilkka Sihvo, Basware Corporation
Tel. +358 40 501 8251
Distribution
NASDAQ OMX Helsinki Ltd
Key media
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Source: Basware via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 02.09.2010 - 13:22 Uhr
Sprache: Deutsch
News-ID 41137
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