Basware boosts supplier collaboration with global Marketplace
(Thomson Reuters ONE) -
Basware boosts supplier collaboration with global Marketplace
Basware Network expanded with an advanced catalogue management solution to
strengthen buyer-supplier relationships in both private and public sector
ESPOO, Finland, 29 November, 2016 - Basware, the global leader in providing
networked purchase-to-pay solutions, e-invoicing and innovative financing
services, is launching Marketplace, a global catalogue management tool on the
Basware Network. Marketplace facilitates stronger buyer-supplier relationships
by allowing private and public sector organisations across the world to access
negotiated supplier contracts, browse available products and services with a
consumer-like shopping experience, and place orders directly with suppliers.
Following a great success in the UK, with multiple active buying communities on
the platform, Marketplace will expand to other countries around the world and
become available to over 1 million businesses on the Basware Network already
streamlining their procurement process and managing their financial supply
chain. By using the same intuitive platform to connect purchase-to-pay (P2P) and
order-to-cash (O2C) processes, both buyers and their suppliers will form more
collaborative and mutually beneficial relationships as a foundation for
sustainable growth of their businesses.
Ilari Nurmi, SVP, Purchase-to-Pay at Basware, explains: "As international
procurement processes increasingly depend on strong buyer-supplier
relationships, built on mutual trust and reliability, business networks are
becoming more important than ever before. Marketplace helps organisations create
and nurture these essential relationships with their suppliers, and vice versa.
After years of collaboration with our customers in the UK, we are excited to
bring Marketplace to organisations around the world, enabling them to build
deeper, stronger and transparent relationships that will fuel mutual success."
Marketplace connects suppliers with all of their customers on the Basware
Network allowing them to easily upload catalogue content with "upload once, use
for all" approach and then manage customer specific price lists and discounts,
and reduce their cost of doing business by ensuring their customers are ordering
with accurate product and price information. It also allows suppliers to sell
more by becoming the partner of choice as they are receiving more orders
directly from the buyer's e-procurement solution.
"Basware's Marketplace makes the review and amendment of catalogue data easy due
to the simple and easy to understand interface which mirrors what is seen by the
end users in the buying interface. Buyers are able to benefit from an enhanced
experience that mirrors those of major online retailers making it simpler and
quicker to train buyers," says Chris Goodier, Contracts Manager, Bedfordshire,
Hertfordshire and Cambridgeshire Constabulary.
Buyers across the globe can effectively access the Marketplace within their
Basware Purchase-to-Pay solution, or from any other e-Procurement or ERP
solution, extracting better value from sourced supplier contracts for greater
savings. Buyers can also reduce manual work in reviewing price changes and
placing purchase orders (POs). Marketplace ensures greater spend under
management by providing employees views to access the right items, at the right
price, with a consumer-style e-commerce shopping experience for negotiated
products and services.
As result, Marketplace provides buyers and suppliers with new opportunities to
connect and a place to grow their business.
More information:
To learn more about how Basware can help your business connect and grow, visit
business-growth.basware.com.
To learn more about Basware's e-Procurement offering, visit:
www.basware.com/procurement.
About Basware
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. Find out more at www.basware.com.
Follow Basware on Twitter: (at)Basware, join the discussion on the Basware
LinkedIn, Basware Facebook and Basware Blog and subscribe for the latest news.
Contacts:
Sirje Ahvenlampi-Hyvönen
Communications Director, Basware
sirje.ahvenlampi(at)basware.com, tel. +358 50 557 3822
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Basware via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 29.11.2016 - 11:00 Uhr
Sprache: Deutsch
News-ID 509546
Anzahl Zeichen: 5711
contact information:
Town:
Espoo
Kategorie:
Business News
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"Basware boosts supplier collaboration with global Marketplace"
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