BasWare - Company Announcement

Basware signs accounts payable automation and e-invoicing agreement with a provider of hospital services in North America

Basware Corporation, stock exchange release, January 5, 2015 at 10:00

Basware signs accounts payable automation and e-invoicing agreement with a
provider of hospital services in North America

Basware has signed an agreement for the delivery of accounts payable automation
and e-invoicing solutions with a provider of hospital services in North America.
The solutions are powered by Alusta, Basware's unified cloud-based platform for
purchase-to-pay. The agreement includes invoice automation and 100% inbound e-
invoicing. Basware is also providing Basware Analytics for gaining immediate
insight into their financial performance and a mobile solution, which enables
reviewing and approving purchase invoices regardless of time and place. The
value of the agreement exceeds EUR 350,000."This customer processes 400,000 invoices annually. Basware solutions enable
them to cut costs and complexity and quickly switch to 100% paperless invoicing.
They will achieve spending transparency and harness the power of easy
visualization technologies to make better financial decisions. At the same time
they can experience the true benefit of connected global commerce via the
Basware Commerce Network, an open network that allows buyers and suppliers of
all sizes to collaborate and trade", says Esa Tihilä, CEO, Basware Corporation.

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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