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Basware sets up business unit for Small & Medium Businesses

Wednesday 22nd January, 2020

Basware has announced the formation of a distinct business unit within the company called InvoiceReady. The unit is named after the existing product suite, which is a cloud-based complete procure-to-pay (P2P) solution for small and medium-sized businesses (SMBs).

Regina Duzanskaja, who has been with Basware since 2014 serving as the Vice President of Corporate Development, has been appointed as General Manager of the new unit.

“Although Basware has evolved over our 30 year history into serving enterprise customers with our Networked P2P offering, we have always recognised the value and opportunity within the small and medium sized business community,” states Klaus Andersen, CEO, Basware. “InvoiceReady is an exceptional existing product suite designed to serve the SMB segment with a cloud-based, complete procure-to-pay (P2P) solution.”

InvoiceReady has a large and loyal customer base of more than 400 customers in Finland and internationally. The customers can enjoy full benefits of automation with procurement, accounts payable automation, travel and expense management, contract management automation and archive bundled in a single suite. Connected to Basware Network customers can effortlessly process invoices in any format (eInvoices, paper, and PDF). InvoiceReady delivers efficiency and improves SMB’s bottom line; enhances internal and external collaboration.

The InvoiceReady business unit is staffed with dedicated functional teams, including research & development, sales & marketing, as well as delivery and support.