Basware Receives Green Supply Chain Award for Driving Supply Chain Sustainability

Basware Recognized for Helping Companies Achieve Environmental Improvements through its Global e-invoicing Open Network

Basware, the leading provider of purchase-to-pay solutions, today announced that it has received a Green Supply Chain award from Supply & Demand Chain Executive magazine. The award recognizes Basware for helping companies leverage its Global e-invoicing Open Network to drive sustainable improvements in their supply chains. The Basware Open Network, which connects buyers and suppliers by forming interoperability agreements with local and global e-invoicing partners, helps companies reach their green targets by significantly reducing paper. The Open Network reduces the need to print, post, process, manually key-in, store and dispose of paper invoices.

Through the Basware Open Network, e-invoices and purchase messages can flow smoothly from any supplier to any buyer through any provider of e-invoicing services regardless of its own operator, location or document format standards. The Basware Global e-invoicing Open Network has a global reach of 100 partners across the globe, and to date has supported more than nine-million global transactions in 2010.

“The environmental benefits of reducing paper invoices are tremendous,” said Ari Salonen, general manager, Basware North America. “If the billions of invoices that are sent every year were sent electronically, the number of trees, water, and power that would be saved on paper manufacturing alone would be staggering. We are proud to play a role in helping companies reduce their carbon footprint, while improving key business processes, and we are grateful to Supply & Demand Chain Executive for including us in the prestigious Green Supply Chain Awards.”

“Leading companies are recognizing sustainability as a potential competitive advantage in a time of supply constraints and demand volatility,” said Andy K. Reese, editor, Supply & Demand Chain Executive. “The 2010 Green Supply Chain Awards highlight the role of the supply chain as a key enabler of sustainability.”

Supply & Demand Chain Executive collected submissions for the 2010 Green Supply Chain Awards through an online nomination process. Award recipients were chosen based on their projects to incorporate sustainability objectives into their own supply chains or to enable sustainability in their customers’ supply chains. The companies included in the Green Supply Chain Awards will appear in the November/December 2010 issue of Supply & Demand Chain Executive, and online at www.sdcExec.com.


About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive’s user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage.

About Basware
Basware is the global leader in purchase-to-pay solutions with more than 1,500 customers and 1,000,000 users in over 50 countries around the world. With Basware, organizations can reduce the cost of buying and paying for goods and services and gain visibility and control of their entire spending process by automating manual processes, from sourcing, contract management, purchasing and supplier collaboration to invoice automation. Basware solutions and services enable substantial cost reductions across businesses and deliver value by providing compliance and control, as well as fast return on investment. The solutions are distributed and implemented, either on site or as a service, in Europe, the U.S., and Asia-Pacific through an extensive network of Basware offices and business partners. www.basware.com