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2009-10-01 11:40:52 CEST 2009-10-01 11:41:54 CEST REGULATED INFORMATION BasWare - Company AnnouncementBasware to deliver Connectivity Services and Invoice Processing solution to leading manufacturer of building materialsBasware Corporation stock exchange release, October 1, 2009 at 12:45 Basware to deliver Connectivity Services and Invoice Processing solution to leading manufacturer of building materials Basware will deliver Basware Connectivity Services and Basware Invoice Processing solution to one of the world's largest manufacturers of building materials. The value of the deals exceeds EUR 400 000. Basware Connectivity is a new set of services which enables suppliers and buyers of all sizes and maturity to transact electronically. The service to be delivered now includes Basware Scan and Capture services. The services will be implemented initially in Germany and potentially on group level. The implementation starts in December 2009 and is estimated to be completed by February 2010. Basware Invoice Processing solution helps organizations in their invoice processing by mastering the process both internally and externally."We launched Basware Connectivity services as a complete solution in 2009 and yet another agreement proves that we have succeeded in our development work. Basware is the only company who can deliver all documents related to purchase to pay process in one solution. Basware Connectivity service allows companies to handle purchase to pay processes online and to achieve fast return on investment," says CEO Ilkka Sihvo, Basware Corporation. The Basware Connectivity services include the ability to deliver e-invoices and purchase messages with Basware Business Transactions, an outsourced Basware Scan and Capture solution to convert all paper invoice to electronic format, the ability for suppliers to key-in invoices, receive orders electronically, send order confirmations as well as upload and create electronic catalogs via Basware Supplier Portal and an outsourced Basware Supplier Activation service to communicate with the suppliers, assist and activate them to connect to the buyers' purchase to pay process. BASWARE CORPORATION Ilkka Sihvo For more information, please contact: CEO Ilkka Sihvo, Basware Corporation Tel. +358 9 8791 7251 or +358 40 501 8251 Distribution NASDAQ OMX Helsinki Ltd Key media |
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