Basware expands relationship with Hankkija delivering accounts payable automation and e-invoicing services in Finland

Basware Corporation, stock exchange release, December 22, 2014 at 16:30

Basware expands relationship with Hankkija delivering accounts payable
automation and e-invoicing services in Finland

Basware has expanded relationship with Hankkija and signed an agreement on the
delivery of accounts payable automation and e-invoicing services in Finland. The
services are powered by Alusta, Basware's unified cloud-based platform for
purchase-to-pay. The agreement includes invoice automation, inbound e-invoicing
and scanning services. In addition, the agreement covers the Basware Analytics
for gaining immediate insight into financial performance, and mobile solution,
which enables reviewing and approving purchase invoices regardless of time and
place. The value of the agreement is approximately EUR 700,000 over four years.
The customer already has Basware's travel and expense management solution in
use.

"We are happy that we can continue our cooperation with Hankkija. With our
services, the customer can receive all invoices as e-invoices and streamline and
automate their processing. Visual reports offer visibility to expenses and help
to make better decisions. E-invoicing is a key enabler in improving financial
administration processes and transparency, achieving significant cost savings,
and strengthening supplier-buyer relationships," says Esa Tihilä, CEO, Basware
Corporation.

Hankkija Oy is owned by Danish Agro (60 %) and SOK (40 %) and it operates in the
agricultural sector.

For more information, please contact:

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

Distribution:
NASDAQ OMX Helsinki Ltd
Main media
www.basware.com


[HUG#1882873]