Basware to deliver Connectivity Services to Veolia Environmental Services in the United Kingdom

Basware to deliver Connectivity Services to Veolia Environmental
Services in the United Kingdom

ID: 7054

(Thomson Reuters ONE) - Basware to deliver Connectivity Services to Veolia EnvironmentalServices in the United KingdomBasware Corporation stock exchange release, October 19, 2009Basware will deliver Basware Connectivity Services to VeoliaEnvironmental Services in the United Kingdom. The value of the dealis approximately EUR 650 000 over the next 3 years.Veolia Environmental Services is the leading UK waste managementorganisation, with almost 12,500 employees and revenues above £1.3billion (EUR 1.4 billion). Veolia Environmental Services serves73,000 commercial customers and provides services to 16 millioncustomers through its contracts with local authorities.Basware Connectivity is a new set of services which enables suppliersand buyers of all sizes and maturity to transact electronically. Theservice to be delivered includes Basware Scan and Capture services."Basware Connectivity Services has in a short time become our fastestgrowing solid fundamental revenue generator. Our solutions areindustry-independent and this agreement with Veolia EnvironmentalServices further strengthens our position on the UK market acrossvarious industries. Basware Connectivity service allows companies tohandle purchase to pay processes online and to achieve fast return oninvestment," says CEO Ilkka Sihvo, Basware Corporation.The Basware Connectivity services include the ability to delivere-invoices and purchase messages with Basware Business Transactions,an outsourced Basware Scan and Capture solution to convert all paperinvoice to electronic format, the ability for suppliers to key-ininvoices, receive orders electronically, send order confirmations aswell as upload and create electronic catalogs via Basware SupplierPortal and an outsourced Basware Supplier Activation service tocommunicate with the suppliers, assist and activate them to connectto the buyers' purchase to pay process.BASWARE CORPORATIONIlkka SihvoFor more information, please contact:CEO Ilkka Sihvo, Basware CorporationTel. +358 9 8791 7251 or +358 40 501 8251DistributionNASDAQ OMX Helsinki LtdKey mediaThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 19.10.2009 - 10:12 Uhr
Sprache: Deutsch
News-ID 7054
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