The AP Blackhole

Basware helps identify and eliminate the ‘blackholes' by enabling improved processes that reduce risk and save money... fast.

Three quarters of organisations are ‘mired in a manual and paper-based rut', according to the 2009 E-Payables report from Aberdeen Group. The report also highlights that cost containment and better cash management are CFO's biggest priorities today. This is why, in the analyst's view, more and more businesses are moving to electronic AP solutions.

Aberdeen provides a very compelling business case for automating AP. Companies using electronic tools can reduce invoice processing costs by over 91% - compared to those who don't. In addition, real-time visibility of financial data ensures the finance department is better able to plan and manage working capital, cost containment and supplier risk strategies.

At Basware, we've helped thousands of businesses transform AP by automating the invoice handling cycle - to deliver the highest possible levels of visibility, accuracy and control.

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Solutions for Financial Process Automation

Invoice Automation | E-Procurement | Planning and Reporting | Data Capture | Basware Connectivity