Basware, a cloud-based solution from Espoo, Finland, offers purchase-to-pay and e-invoicing services to manage spend and forecast growth.
HQ
Finland
Founded
1985
Employees
1663
Basware is a cloud-based solution designed to streamline purchase-to-pay processes and e-invoicing for businesses worldwide. It enables organisations to reduce costs, manage spend and forecast growth effectively.
Basware offers an Intelligent Invoice Lifecycle Management Platform that ensures end-to-end efficiency, compliance and control for all invoice transactions. This platform is powered by advanced invoice-centric AI, trained on over 2 billion invoices, driving real ROI by transforming finance operations.
Trusted by industry leaders such as DHL, Heineken and Sony, Basware serves over 6,500 customers globally. With 40 years of specialized expertise and handling over $10 trillion in total spend, Basware is pioneering the next era of finance.
Basware’s platform covers all needs across the entire invoice lifecycle, enabling businesses to consolidate systems and simplify processes. It provides complete compliance and control, offering unique financial assurance capabilities that protect transactions and data integrity.
Basware is headquartered in Espoo, Finland. Founded in 1985, the company has grown to employ over 1600 people.
Basware is recognized as a leader in the Gartner Magic Quadrant for Accounts Payable Applications. This recognition underscores its leadership in AI-driven, end-to-end Invoice Lifecycle Management. The company is trusted by thousands of customers worldwide, managing over 230 million invoice transactions annually.
Basware is known for its deep expertise in global compliance requirements, helping businesses scale and adapt to regulatory changes. The company’s focus on automating the last mile of AP processes has established it as a powerhouse in the industry.
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