Basware Corporation stock exchange release, December 22, 2011 at 14:30
Basware will deliver Basware Invoice Automation and Basware Connectivity Services to Skanska construction group in Finland. The value of the deal for the next three years is significant. The solutions will be taken into use during 2012.
Skanska has already been Basware's Invoice Automation customer in Estonia and partly in Finland. Now the use of Basware Invoice Automation solution will be extended to the whole Skanska organization in Finland. In addition, Skanska will take Basware Purchase Invoice Matching, Order Matching and Mobile Client into use. Also Basware Connectivity Services to be delivered includes scanning services and automated handling of incoming e-Invoices.
"We are happy to extend our cooperation with a Fortune 500 list company like Skanska. This extension is a proof of customer satisfaction. Basware Invoice Automation solution together with Basware Connectivity Services increase the level of automation of invoice processing and make business processes more efficient in Skanska", says Esa Tihilä, CEO, Basware Corporation.
The scan & capture service is part of Basware Connectivity Services that enable companies to improve purchase-to-pay process quality as well increase the number of electronic invoices, purchase messages and supplier catalogs while reducing time spent on reviewing, approving and processing. The Basware Connectivity Services also makes it easier for suppliers to start transacting electronically.
For more information, please contact:
Esa Tihilä, CEO
Tel. +358 40 480 7098
NASDAQ OMX Helsinki