Basware to deliver an extensive e-invoicing service to ISS Palvelut

Basware to deliver an extensive e-invoicing service to ISS Palvelut

ID: 53988

(Thomson Reuters ONE) -


Basware Corp. stock exchange release April 28, 2011 at 11:05

Basware has agreed to deliver an extensive e-invoicing solution to ISS Palvelut.
The value of the agreement is approximately 700,000 Euros over the next three
years. The services will be implemented at the Finnish business units of ISS
Palvelut by the beginning of June 2011.

The services include the transaction of e-invoices, data recognition services
for scanned invoices, a printing service, supplier portal as well as supplier
and customer activation. Basware's e-invoicing services enable automated
invoicing as well as allow organizations to immediately shift to 100 percent
electronic invoicing. The service sends invoices in electronic format from the
invoicing solution, transfers the documents to the desired format and transmits
them to the buyer's invoice processing solution or printing service, depending
on the preferred solution. Additionally Basware activates suppliers to start
using e-invoicing.

"We are pleased to be able to deliver an extensive e-invoicing solution to ISS
Palvelut. With the Basware service, companies can automate their invoice
processing and quickly benefit from lower costs per invoice. The service can
also be easily scaled as invoice volumes grow," says Ilkka Sihvo, CEO, Basware
Corp.

For more information, please contact:

Ilkka Sihvo, CEO, Basware Corp.
Tel. +358 40 501 8251

Distribution:
NASDAQ OMX Helsinki
Key media
www.basware.com



ISS Palvelut is the third largest private employer in Finland, and a leading
real estate and business facility company. We produce personnel support services
for private companies and organisations, and the public sector. Through our
operations, we create qualitative and financial value for our customers'
business operations. Our annual turnover is EUR 516 million, and we employ about




12,000 people. ISS Palvelut is part of the international ISS Group which
operates in over 50 countries. www.iss.fi, www.issworld.com







This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Basware via Thomson Reuters ONE

[HUG#1510028]


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Datum: 28.04.2011 - 10:05 Uhr
Sprache: Deutsch
News-ID 53988
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