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2013-11-21 13:50:00 CET 2013-11-21 13:50:46 CET REGULATED INFORMATION BasWare - Company AnnouncementBasware signs significant agreement with nonprofit hospital system in North America for accounts payable automation and e-invoicing solutions powered by AlustaBasware Corporation, stock exchange release, November 21, 2013 at 14:50 Basware signs significant agreement with nonprofit hospital system in North America for accounts payable automation and e-invoicing solutions powered by Alusta Basware will deliver accounts payable automation and e-invoicing solutions to one of the largest nonprofit hospital systems in North America. The services are powered by Alusta, Basware's unified cloud-based platform for purchase-to-pay. The Basware services to be delivered include invoice automation with matching for orders and plans, data analytics, mobile technology, a supplier portal, and e-invoicing receiving solutions. The value of the agreement is approximately EUR 1.9 million over three years. Implementation is scheduled to begin this quarter."Over 2 million invoices are processed annually across the clients' network of hospitals and they will now be able to leverage Basware's invoice automation solutions to help them improve working capital management by providing control, automation and visibility across their payable processes. They will also focus on on-boarding their suppliers to Basware's e-invoicing network so that the advantages of e-invoicing and cost savings can be shared with all parties. The customer will benefit from increased accuracy, mobility and centralized access to all our services via the Basware Commerce Network, where all types of organizations can easily collaborate and trade. In addition, Basware Analytics will provide them with greater levels of visibility and actionable data across their entire purchase-to-pay process", says Esa Tihilä, CEO, Basware Corporation. "Alusta technology continues to expand in North America, further strengthening our position in a key market for Basware." For more information, please contact: Esa Tihilä, CEO, Basware Corporation Tel. +358 40 480 7098 Distribution: NASDAQ OMX Helsinki Ltd Key media www.basware.com [HUG#1744906] |
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