Basware sign deal with Alliance Healthcare

Basware sign deal with Alliance Healthcare

ID: 42842

(Thomson Reuters ONE) -


Basware Corporation stock exchange release, September 20, 2010 at 14:50

Basware will deliver its Purchase Management and Invoice Automation solutions as
well as Connectivity Services to Alliance Healthcare, the leading international
provider of pharmaceutical wholesale. The value of the deal is not disclosed.

Connectivity Services include outsourced Scan and Capture which transfers paper
invoices into electronic format and Basware Business Transactions Service
enables the customer to receive and send invoices in an electronic format. The
number of invoices to be transacted through Basware's service averages 621.000
per annum over 3 years. The solutions will initially be implemented in the UK,
with further deployments planned across Europe.

"We are pleased to deliver our scalable solutions to Alliance Healthcare. Our
solutions can grow and expand together with Alliance Healthcare to meet their
growth demands.  Invoice Automation together with Basware Connectivity Services
offer a solid and efficient foundation for cost savings in a company," says CEO
Ilkka Sihvo, Basware Corporation.

Basware Invoice Automation (IA) uses automatic, business-rule based matching to
minimize the need for time-consuming, repetitive invoice-handling tasks and
enables efficient management of exceptions. Basware Purchase Management (PM)
automates enterprise purchasing processes by providing a cost-efficient way to
manage and control the organization's requisitioning, approval and ordering
processes.

The Basware Connectivity service offers a variety of ways to exchange e-invoices
and purchase messages between suppliers and buyers.  Outsourced Basware Scan and
Capture services transfers paper invoices into electronic format. Basware
Business Transactions Service enables the customer to receive and send invoices
in an electronic format.  Basware Supplier Portal publishes or downloads




information and completes transactions online.


BASWARE CORPORATION
Ilkka Sihvo

For more information, please contact:
CEO Ilkka Sihvo, Basware Corporation
Tel. +358 40 501 8251

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NASDAQ OMX Helsinki Ltd
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originality of the information contained therein.

Source: Basware via Thomson Reuters ONE


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Datum: 20.09.2010 - 13:49 Uhr
Sprache: Deutsch
News-ID 42842
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