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ING teams up with Basware on automated invoice payment solution

Thursday 26 February 2015 00:46 CET | News

Financial institution ING has unveiled that it will start to provide an automated invoice payment solution from Basware that can be added to the existing purchase-to-pay (P2P) workflow.

Dubbed Basware Pay, the automatic invoice payment solution is set to be integrated into the e-invoicing process in order to enhance cash flow management of companies.

The service will be provided in cooperation with Basware, a provider of electronic invoicing and purchase-to-pay solutions, and is based on MasterCard’s global payment network.

In recent news, Basware has launched Basware Discount, a solution within its Financing Services portfolio, which allows buyers and vendors to optimise invoice payment terms.


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Keywords: ING, Basware, automated, invoice, payment, purchase-to-pay, P2P, workflow, Basware Pay, cash flow, electronic invoicing, MasterCard, e-invoicing
Categories: Banking & Fintech
Companies:
Countries: World
This article is part of category

Banking & Fintech






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