Basware finds collaboration easy to accept

Together the two companies seek to accelerate small business and consumer payments by offering a complete payment solution for customers sending electronic invoices from Basware customers. The process can be completed in just a few steps, without registration or log-in.

“It is financially beneficial for the company if they are paid easily and quickly,” statesMikko Pilkama, SVP of Network and Financing Services.

Mercedes-Benz Financial Services is one company that has already embraced the solution.

“This ‘one click payment’ has resulted in quicker incoming payments, improvement of working capital, easier debtors matching, reduced days sales outstanding and elimination of incorrect or late payments,” states the company’s manager, Finance & Administration,Tanja Kubera.

Basware is the global leader in providing networked purchase-to-pay solutions, e-invoicing and innovative financing services. This year has started strongly for the company, with Global Finance Magazine also bestowing it with the Best Invoice Discount Management 2018 Award.