BasWare.

• Position: PROCUREMENT SOFTWARE - BasWare Invoice Processing, BasWare Purchase Management and BasWare Document Archiving software introduced

BasWare, a provider of financial automation software, has introduced three enhanced solutions to its Purchase to Pay portfolio: new versions of BasWare Invoice Processing, BasWare Purchase Management and BasWare Document Archiving.

The enhanced portfolio enables large organizations to increase process efficiency, while reducing the cost of the end-to-end financial function. Automation begins at the procurement stage and ensures faster processing of invoice approval and payment.

"It's amazing how few organizations have any control over their purchase-to-pay processes," said Esa Tihila, general manager, Europe and Americas, for BasWare. "Our research has found that the vast majority has no purchase order process in place, and even fewer have an end-to-end view of their purchase-to-pay process. We're trying to encourage businesses to take control of their financial processes by providing simple tools that enable the introduction of procurement controls and transparency of the complete invoice processing and payment process."

BasWare Purchase Management (PM) 3.4 enables procurement professionals to efficiently manage the internal procurement process, while streamlining product catalogue management. Its key benefit, the company says, is that it enables plan-based purchasing, which...