Press release

Basware Introduces SmartOrders, an Email Collaboration Service

Sponsored by Businesswire

(Nasdaq: BAS1V)
, the global leader in networked source-to-pay
solutions, e-invoicing and innovative financing services, has launched
an easy way for buyers to send electronic purchase orders (POs) to their
suppliers. The new SmartOrders service advances collaboration between
buyers and suppliers in the procurement process via actionable emails.

“Purchase orders are still exchanged between buyers and suppliers in a
variety of different formats – including via mail, fax or phone – which
then have to be manually entered and processed, resulting in increased
costs and inefficiencies on both sides of the equation. With the new
SmartOrders service, customers can eliminate tedious paper and manual
processes,” explains Martin Lux, Senior Product Manager for Basware.

Using the SmartOrders functionality, buyers can send POs in a PDF format
to their supplier base using actionable emails and suppliers can receive
the POs from the email. Suppliers do not have to register or log into
any application to use this service, which significantly increases
supplier adoption. Suppliers then have the option to send order
responses and flip the POs into invoices, enabling further automation,
which leads to cost savings, efficiencies, visibility, control, and
better data quality.

SmartOrders is part of Basware’s comprehensive e-Orders for Buyers
services, which offer buyers multiple ways to electronically send POs to
their suppliers – including delivery via the Basware Portal, electronic
delivery via the network, EDI delivery, and now in PDF format via email
leveraging the new SmartOrders.

The e-Orders for Buyers service is easy and scalable and delivers
several benefits:

  • Cost savings by getting rid of paper and manual processes
  • Increased efficiencies by automating communication between buyers and
  • Enhanced visibility and control over POs
  • Improved data quality and accuracy resulting in fewer wrong deliveries

Click here
to learn more about the e-Orders for Buyers service.

About Basware:

Basware offers the largest open business network in the world and is the
global leader in providing networked purchase-to-pay solutions,
e-invoicing and innovative financing services. Our technology empowers
organizations with 100% spend visibility by enabling the capture of all
financial data across procurement, finance, accounts payable and
accounts receivable functions. Basware is a global company doing
business in more than 100 countries and is traded on the Helsinki
exchange (BAS1V: HE).

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