Press release

Basware Unveils Customer Award Winners at Annual Conference

Sponsored by Businesswire

, the global leader in networked source-to-pay
solutions, e-invoicing and innovative financing services, announced the
winners of its annual awards program at its user conference, Connect,
in Chicago yesterday. Terex
, Verisk
, and the YMCA
of the Greater Twin Cities
were recognized.

“Our team is dedicated to helping our customers reach their financial
supply chain goals, which are far-reaching and ultimately impact the
overarching business ecosystem,” said Tommy Benston, Vice President of
Customer Success for Basware. “As such, we think it’s important to pause
to celebrate their tremendous wins. Please join us in congratulating
these stand-out companies.”

The award criteria and recipient stories for each category are as

  • Innovation Adoption Award: Celebrates the company that used
    Basware product innovations in a new or creative way. This year’s
    award went to Terex Corporation, global manufacturer of lifting
    and material processing products and services delivering lifecycle
    solutions that maximize customer return on investment, for adoption of
    “best fit matching.” Terex recently exceeded one million transactions
    where best fit matching was applied. Best fit matching has been one of
    the key components in helping Terex achieve touchless processing
  • Global Expansion Award: Recognizes a company for using Basware
    solutions to help accommodate its global expansion. Verisk
    the world’s most effective and responsible data analytics company
    in pursuit of customers’ most strategic opportunities, expanded into
    Asia-Pac using Basware technology to connect their operations
  • Non-Profit Transparency Award: Commends a non-profit that
    provides full transparency for its spend-stewardship. The YMCA of
    the Greater Twin Cities
    activated the full purchase-to-pay Basware
    blended solution, allowing it to have 100% spend visibility for all
    stakeholders in 2018 and beyond.

This is the second year that Basware has hosted its awards program at
Connect. Connect is an inspirational and thought-provoking annual user
conference that explores the latest trends in finance, accounts payable
and procurement.

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).