Basware delivers a scanning service of inbound invoices for a large, global industrial corporation

Basware Corporation stock exchange release, July 2, 2012 at 14:00

Basware delivers a scanning service of inbound invoices for a large, global
industrial corporation

Basware will deliver Basware Scan & Capture service to a Finnish, global
industrial corporation. The value of the deal exceeds EUR 500.000 during the
next three years. The service will be implemented globally.

The customer is already using Basware Transaction services including the
validation service for inbound paper invoices and the e-invoicing solution.
Through the Scan & Capture service, Basware will be managing the customer's
entire handling process of paper purchase invoices.

"By centralizing the handling of paper purchase invoices, our customer is able
to further enhance the handling process and improve the cost effectiveness. With
Basware's scanning service, the paper invoices are converted to e-invoices: the
customer will receive only e-invoices and at the same we also activate the
suppliers to send e-invoices in the future. We are happy to be able to extend
the cooperation with our long-term customer by offering additional services that
enhance their invoicing processes", says Esa Tihilä, CEO, Basware Corporation.

More information:

Esa Tihilä, CEO, Basware Corporation
Tel. +358 40 480 7098

Distribution:
NASDAQ OMX Helsinki Ltd
Main media


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