Basware: Basware receives highest score for Adaptability in PayStream 2016 Procure-to-Pay Navigator Report

Basware receives highest score for Adaptability in PayStream 2016 Procure-to-Pay Navigator Report

Basware scores highest in Invoice Creation, Capture, Receipt and Purchase Order Management, Payment Initiation and Execution, Reporting and Analytics, and Versatility

Espoo, Finland, 12 December, 2016 - Basware (http://www.basware.com), the global leader in providing networked purchase-to-pay solutions, e-invoicing and innovative financing services, has received the highest score for Adaptability in the 2016 Procure-to-Pay Navigator report by PayStream Advisors* (a Levvel Company). In the report "adaptability" is evaluated in the basis of provider experience and resources, and Basware scored highest on the Adaptability measure over any vendor that participated.

The report evaluated Procure-to-Pay solutions from 16 software vendors across 12 categories. Basware scored highest in 5 of the categories, including Invoice Creation, Capture, Receipt and Purchase Order Management, Payment Initiation and Execution, Reporting and Analytics, and Versatility.

The 2016 Procure-to-Pay Navigator report states: "Basware excels in its reporting capabilities, which include out-of-the-box dashboards with a full set of both ad-hoc and custom reporting tools, and in payments support - it offers versatile financing services options and can integrate with almost any payment tool to streamline invoice payment."

Ilari Nurmi, SVP, Purchase-to-Pay at Basware, says: "We are very pleased about our positioning in the report as an impressive company that offers a leading solution among global P2P providers, built upon our global presence and experience. The evaluation highlights Basware's excellence in delivering networked, end-to-end purchase-to-pay solutions, enabling our customers across the world to achieve better financial agility."

More information:
*The PayStream 2016 Procure-to-Pay Navigator Report
Download the report: www.basware.com/knowledge-center/paystream-P2P-navigator-report-2016 (http://www.basware.com/knowledge-center/paystream-P2P-navigator-report-2016)
Find out more about Basware Purchase-to-Pay: www.basware.com/solutions/purchase-to-pay (http://www.basware.com/solutions/purchase-to-pay)

About Basware
Basware (http://www.basware.com) 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 (http://www.basware.com).

Follow Basware on Twitter: @Basware, join the discussion on the Basware LinkedIn (http://www.linkedin.com/company/basware), Basware Facebook (http://www.facebook.com/BaswareCorporation) and Basware Blog (http://www.basware.com/blog) and subscribe (http://www.basware.com/Subscribe-form?ref=http://response.basware.com/GLOBAL-2011-ConnectionSubscription-Drupal) for the latest news.

Contacts:
Sirje Ahvenlampi-Hyvönen
Communications Director, Basware
[e-mail] (mailto:[e-mail]), tel. [phone]

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