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Benefits and Insights

Why use Basware Purchase Management?

Key differentiators & advantages of Basware Purchase Management

  • Gain immediate spend visibility. Our Analytics solutions deliver the real-time insights your business needs to empower users to proactively manage finances, allowing you to control costs, identify saving opportunities, improve cash flow and enhance supplier relationships.

  • Negotiate and manage supplier contracts and obligations, and track spend and budget compliance against agreed-upon terms to realize the negotiated value.

  • Ensure compliant purchasing is maximized via consumer-style shopping experiences that help ensure end-user adoption. Contract compliance engines make sure purchases are based on negotiated terms, and mobile apps empower employees with anytime, anywhere access to key tasks.

  • Achieve 100% e-invoicing from day one and remove paper from your financial operations immediately. Regardless of the formats used, you can instantly receive invoices as e-invoices, helping to make your processes more efficient and reduce your invoice-handling costs by up to 90%.

  • Attain best-in-class straight-through processing rates across AP through more intelligent, streamlined invoice-handling processes. Boost efficiency across operations while ensuring compliance with national and international payables legislation.

  • Continuously improve performance through KPI analysis – make it easy for everyone to drive performance metrics, spot problems, identify root causes and take remedial action across the whole Purchase-to-Pay cycle.
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