December 12, 2016
Basware receives highest score for adaptability in PayStream's 2016 Procure-to-Pay Navigator report
Basware scores highest in invoice creation, capture and receipt, purchase order management, payment initiation and execution, reporting and analytics, and versatility
STAMFORD, Conn. -- Basware, the global leader in providing networked purchase-to-pay solutions, e-invoicing and innovative financing services, has received the highest score for Adaptability in the 2016 Procure-to-Pay Navigator report by PayStream Advisors* (a Levvel Company). In the report “adaptability” is evaluated in the basis of provider experience and resources, and Basware scored highest on the Adaptability measure over any vendor that participated.
The report evaluated Procure-to-Pay solutions from 16 software vendors across 12 categories. Basware scored highest in five of the categories, including Invoice Creation, Capture and Receipt; Purchase Order Management; Payment Initiation and Execution; Reporting and Analytics; and Versatility.
The 2016 Procure-to-Pay Navigator report states: “Basware excels in its reporting capabilities, which include out-of-the-box dashboards with a full set of both ad-hoc and custom reporting tools, and in payments support – it offers versatile financing services options and can integrate with almost any payment tool to streamline invoice payment.”
Ilari Nurmi, SVP, Purchase-to-Pay at Basware, said, “We are very pleased about our positioning in the report as an impressive company that offers a leading solution among global P2P providers, built upon our global presence and experience. The evaluation highlights Basware’s excellence in delivering networked, end-to-end purchase-to-pay solutions, enabling our customers across the world to achieve better financial agility.”