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2007-12-17 10:37:31 CET 2007-12-17 11:07:45 CET REGULATED INFORMATION BasWare - Company AnnouncementBasWare signed a global Invoice Automation agreement with SKFBASWARE CORPORATION STOCK EXCHANGE RELEASE December 17, 2007 BasWare Corporation has signed an agreement with SKF Dataservice AB, which provides data services to the SKF Group globally. BasWare will deliver and implement Invoice Automation solution and BasWare Key Performance Indicator Reporting Tool for all units within SKF Group to over 50 countries. The Invoice Automation solution will be used to process over a million invoices annually. The value of the deal is close to EUR 1 million. "SKF is already our customer in Sweden and has used Invoice Processing solution since 2005. This agreement is a strong proof of customer satisfaction and we are pleased that SKF extends the product portfolio to a complete invoice automation solution in a significant number of countries," says Ilkka Sihvo, CEO, BasWare Corporation. BasWare Invoice Automation solution consists of BasWare Invoice Processing and matching solutions for matching pre-approved purchase orders with incoming invoices. With the solution, companies can reduce manual routines and costs as well as gain process control and improve process transparency and compliance. BasWare Key Performance Indicator Reporting Tool measures purchase to pay process efficiency to decrease costs, and improves the operational productivity by intensive measurements and analyzes. For more information, please contact CEO Ilkka Sihvo, BasWare Corporation Tel. +358 9 87917251 or +358 405018251 BASWARE CORPORATION Ilkka Sihvo Distribution OMX Nordic Exchange Helsinki Key media |
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