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2009-09-22 14:00:17 CEST 2009-09-22 14:01:21 CEST REGULATED INFORMATION BasWare - Company AnnouncementBasware to deliver Invoice Processing Solution to Her Majesty's Prison ServiceBasware to deliver Invoice Processing Solution to Her Majesty's Prison Service Basware Corporation stock exchange release, September 22, 2009 at 15:00 Basware, the global leader in purchase-to-pay solutions, announced today that it had signed a contract to provide its invoice workflow solution at Her Majesty's Prison Service (HMPS) to 5700 users. The solution will support HMPS' continued drive to cut internal costs within its accounts payable department and speed up payments to suppliers. As the British Executive Agency that manages 138 prisons within England and Wales, HMPS reports into the Ministry of Justice. In 2005, The HMPS Shared Services Centre was set up in Newport, UK to handle all finance, procurement and HR activities. Basware Invoice Processing solution was selected after a review of several other suppliers. The system, which will be accessed by the Accounts Payable team as well as 5,700 users throughout the UK, will help deliver prompt payment of about 750,000 invoices each year."We are pleased to be delivering the Basware Invoice Processing solution to a large public sector organisation such as Her Majesty's Prison Service. The deal is testament to our continued success within the UK and and encourages us to continue with our chosen strategy in a market where our services are so well-received," said Ilkka Sihvo, CEO, Basware Corporation. For more information, please contact CEO Ilkka Sihvo, Basware Corporation, Tel. +358 9 8791 7251 or +358 40 501 8251 BASWARE CORPORATION Ilkka Sihvo DISTRIBUTION Helsinki Stock Exchange Principal media www.basware.com |
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