BasWare - Company Announcement

Basware signs purchase-to-pay automation and e-invoicing agreement with a leading rental services provider in the European construction industry

Basware Corporation, stock exchange release, June 10, 2015 at 13:30

Basware signs purchase-to-pay automation and e-invoicing agreement with a
leading rental services provider in the European construction industry

Basware has signed an agreement for the delivery of purchase-to-pay automation
and e-invoicing services with a leading rental services provider in the
construction industry. The services will be implemented group-wide in the Nordic
countries and Europe. The solutions are powered by Alusta, Basware's unified
cloud-based platform for purchase-to-pay. The agreement includes purchase-to-pay
automation and 100% inbound e-invoicing. Basware is also providing Basware
Analytics for gaining immediate insight into their financial performance. The
value of the agreement exceeds EUR 650,000 over five years."Basware's globally scalable services to the entire purchase-to-pay cycle
enables our customer to transform their procurement and AP process and provide
visibility they need to make better financial decisions. Networked purchase-to-
pay empowers them with financial agility and enables deep collaboration between
finance, accounts payable, procurement, treasury and trading partners", says Esa
Tihilä, CEO, Basware Corporation. "A switch to e-invoicing will significantly
enhance the processing of this customer's 500,000 annual invoices and lead to
better working capital management."

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


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