What does Basware do?

Basware is a global leader in finance automation and networked purchase-to-pay solutions, founded in 1985 in Finland. The company pioneered the accounts payable automation industry with the invention of the first invoice processing software featuring "scan & capture" workflow technology. Basware transitioned from on-premise software to cloud-based SaaS solutions in 2011, enhancing its offerings over the years. The company's core products include purchase-to-pay solutions, invoice automation, e-invoicing services, procurement solutions, analytics and benchmarking tools, financing services, and mobile solutions. Basware operates in over 50 countries and serves more than 6,500 customers, processing over 230 million invoices annually. The company connects 20 million buyers and suppliers and has processed over $10 trillion in total business spend. With a mission to provide true automation for finance teams, Basware aims to enable complete control of every invoice.