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Basware invoice processing for Procurement

ap automation all businesses have two top priorities save time and save money what's more you crave insights that will help you bring your a game into a constantly changing digital business environment so how can you get there say hello to basswear ap automation as a world leader in accounts payable automation basswear has helped many businesses like yours save time and money our customers save three times more money than they invest achieving 307 percent roi over three years by investing in ap automation with basswear you'll become paperless touchless and gain complete visibility into your spend and processes so how do you get there one by adopting e-invoicing for 100 paperless invoice processing two by fully automating your system for a completely hands-off touchless approach and finally three by gaining insights into your spend through advanced analytics so how can we get you to 100 paperless processing our customers are diverse but one detail many have in common is that they used to process heavily in paper invoices but not anymore our customers report 65 to 95 time savings for invoice processing and over 80 cost savings a key factor to their success is their ability to eliminate paper invoices from day one and delivering 100 electronic invoices to suppliers without enforcing immediate changes basswear also processes pdf invoices with machine readable technology treating them as if they were genuine e-invoices and simplifying the invoice process even more and when they're ready basswear helps your suppliers adopt e-invoicing too to further eliminate the hassle of paper invoices through the bassware network with the help of over 220 connected networks you'll always receive e-invoices in the right format when you go electronic everything is easier data quality increases with validation data enrichment and automatic rules for incoming invoices automation rates go up and processing times go down going paperless not only saves costs and time it also supports you and your suppliers sustainability goals adopt a hands-off ap approach where e-invoices and automation handle previously time-consuming manual steps that's where customers can save hundreds of thousands of dollars or euros per year by letting basswear ap automation handle repetitive manual processes with basswear both po and non-po invoices are processed straight through po-based invoices direct and indirect regardless of the po's source are automatically matched and processed for payment fastware excels in automating non-po invoices something no other ap automation vendor can do we automatically detect and flag invoices that are recurring so you don't need to search for the needle in the haystack all you have to do is decide if you want to automate based on a schedule or a budget and thanks to a variety of options you can easily adapt to complex payment schedules or you can use self billing where you generate invoices automatically and pay on time no need to bother your suppliers finally you can automate non-recurring non-po invoices with basswear's unique smart coding capabilities coding templates and smart coding eliminates the need to remember complex rules and reduces user entry errors with a paperless environment and automated processes you gain valuable insights to further improve your performance bassware analytics shows critical kpis at a glance and lets you benchmark your performance against peer companies predictive analytics helps you eliminate late payments by identifying what invoices are likely to fall through the cracks so you can focus on those that make the biggest impact you also get forecasts of when spend will occur whether you have po or not for example a customer used bassware analytics to track on-time payment performance and spend under management against their targets they achieved doubled on time performance and an incredible four times increase in spend under management in just four months in most business cases only a small part of early payment discounts are captured but with insights from bestware analytics paired with industry-leading process efficiencies you can make significant additional savings the easiest and best way to do this is by using dynamic discount offer early payments to your suppliers and receive discounts on a sliding scale this means a true win-win situation with your supplier join the wide range of customers who have automated their ap transformed to the cloud and achieved process and efficiency improvements with bassware simplify your operations and spend smarter with basswear