Basware Corporation, stock exchange release, June 6, 2013 at 10:30
Basware signs an accounts payable automation and e-invoicing agreement with a food processing and marketing company in Ecuador
Basware has signed an agreement with an Ecuadorian company specializing in food processing and marketing for the delivery of Basware Accounts Payable Automation and Basware e-Invoicing for connecting and transacting with suppliers, and automating the invoicing process. The solutions will be implemented in Ecuador as well connecting suppliers in other countries throughout South America. The value of the deal exceeds EUR 500,000 over the next 3 years.
Basware Accounts Payable Automation will be delivered as a service (SaaS) on Basware Alusta, a cloud-based platform for purchase to pay. Additionally, the customer will implement Basware e-Invoicing over the Basware Commerce Network.
"We are pleased to help a premier company in Ecuador gain critical visibility and control over its key finance processes; and improve relationships with suppliers," says Esa Tihilä, CEO, Basware Corporation. "Through e-invoicing and AP automation, the customer will be able to dramatically increase accuracy as well as comply with the Ecuadorian government e-invoicing mandate. This will result in greater efficiencies, costs savings and improved communication with suppliers."
For more information, please contact:
Esa Tihilä, CEO, Basware Corporation
Tel. +358 40 480 7098
Distribution:
NASDAQ OMX Helsinki Ltd
Key media
www.basware.com
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Source: Basware via Thomson Reuters ONE
