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Basware adds supplier functionality to its Basware Connectivity services suite

Thursday 24 June 2010 10:43 CET | News

Purchase-to-pay services company Basware has added supplier functionality to its Basware Connectivity services. Basware Connectivity for Suppliers enables Accounts Receivable (AR) departments to deliver all sales invoices electronically to their customers, irrespective of the invoice format required by the customer organisation.

E-invoicing increases invoice accuracy, as well as ensuring that invoices are sent on time and have been received. This results in increased visibility over the entire process, facilitating cash flow forecasting as well as increased customer satisfaction.

Basware Connectivity for Suppliers ensures the delivery of sales invoices through the Basware Business Transactions service. Accounts Receivable can send all their sales invoices to all customers through one single service, which generates time and cost savings in reduced postal charges. Basware routes the invoices to the appropriate delivery channel according to customer capabilities.

To ensure delivery in the correct format for all customers, Basware provides Accounts Receivable with an outsourced printing service and the ability to deliver invoices by email to customers not yet able to receive e-invoices directly to their invoice processing solution. Once invoices have been delivered, they are archived to guarantee integrity, enabling future compliance where there are legal requirements for storing e-invoices.


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Keywords: Basware, supplier functionality, Basware Connectivity, accounts receivable
Categories: Banking & Fintech
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Countries: World
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Banking & Fintech






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