Networked source-to-pay solutions, e-invoicing and innovative financing services provider, Basware, has reportedly received the highest score for global deployment suitability of any P2P solution provider from Gartner. The report, published in May, also recognised Basware as a Leader in the Gartner Magic Quadrant for Procure-to-Pay Suites for the third consecutive time.
Eric Wilson, SVP of North America at Basware, stated: “We pride ourselves on our ability to handle complexity for customers operating in a truly global environment. When you consider the specific invoice formats, legal and tax requirements and invoice storage and archiving rules that span the globe, what once may have been a simple automation process takes on new meaning. Basware provides a solution that automatically takes care of those aspects and keeps pace with a rapidly changing compliance environment.”
Headquartered in Espoo, Finland with 20 additional offices across North America, Europe and Asia/Pacific, Basware is well equipped to support multinational organisations with complex requirements. The company offers an intuitive user interface in 24 languages, multilingual teams in multiple countries for supplier onboarding, and multi-currency and industry-leading compliance support so invoices can be sent and automatically converted to meet country-specific VAT/tax and format regulations around the world.
Mikko Pilkama, Senior Vice President Global Products at Basware, added: “We’re delighted to be singled out in this report for this critical strength, perhaps the most important consideration for any company dealing or expecting to deal with complex global procure-to-pay scenarios. In today’s competitive environment it is especially important to choose a partner with experience supporting compliant purchasing and e-invoicing on a global scale.”