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Basware expands cooperation with major Finnish forest industry group by offering accounts payable automation and e-invoicing services


Basware has signed an agreement on the delivery of accounts payable automation and e-invoicing services to a major forest industry group in Finland. With the new agreement, the customer will be using the accounts payable automation and e-invoicing services on Basware’s flexible cloud-based Alusta platform. The value of the five-year agreement exceeds EUR 1.3 million. The new services will be deployed globally.

“We are very pleased to offer solutions to develop and enhance the financial processes of our long-term customer. The customer will be able to receive 100% of their 500,000 annual invoices as e-invoices via the open Basware Commerce Network. Automated invoice processing significantly improves the transparency and productivity of financial administration while cutting costs,” says Esa Tihilä, CEO, Basware Corporation.

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