The OB10 cooperation will help Basware customers streamline their invoicing and payment process, allowing customers to benefit from improved efficiency and transparency within the financial supply chain. Through e-Invoicing, organisations can optimise their invoice processes and further eliminate the need for paper invoices while reducing cycle times and improving cash flow forecasting.
The partnership also enables delivery of invoice data from the suppliers accounting system, via the OB10 network into the Basware Business Transactions e-Invoicing service and further to Basware Enterprise Purchase to Pay solutions, allowing users to receive accurate, real-time invoice data. This is achieved through OB10âs best practice supplier enrolment, data integration and mapping, enabling invoice data to be extracted from a supplierâs billing system, using their existing data format, and sending it to Baswareâs e-Invoicing service â eliminating the need for customers to process, manually key-in, or store paper invoices.
âBasware is delighted to announce the partnership with OB10. To serve our customers in the best possible way, we have made a conscious decision to establish an open supplier network which makes us unique in the e-Invoicing operator space,â says Ilkka Sihvo, CEO, Basware. âThanks to this new partnership, our customers can further extend their e-Invoicing reach through OB10âs global network. We believe that electronic invoicing helps our customers improve the invoice processing itself, but also helps them make a contribution in an effort to help the environment.â
Jamie Gunn, CEO, OB10 says:
âBasware is a forward thinking international company, known for its vision and the quality of its products. We are pleased to bring OB10âs e-Invoicing services to Baswareâs customers worldwide and believe the industry, analyst community, customers and prospects will recognise this as a significant combination in the marketplace. We have a history of successful joint implementations and look forward to replicating those successes rapidly and over a wider geographic footprint.â