Basware renews e-invoicing services agreement with major telecommunications operator in Belgium

Basware Corporation, stock exchange release, April 1, 2014 at 11:30

Basware renews e-invoicing services agreement with major telecommunications operator in Belgium

Basware has renewed the agreement to provide its e-invoicing services to one of the largest telecommunications operators in Belgium. The services enable the customer to send all their invoices electronically. The value of the renewed agreement exceeds EUR 1 million over three years.

"The customer processes nearly 600,000 e-invoices annually today with volume expected to grow significantly over the next 12 months. By increasing the percentage of e-invoices from all invoices sent, they are able to experience the true benefit of connected commerce across the BasWare Commerce Network, an open network that allows buyers and suppliers of all sizes to collaborate and trade", says Esa Tihilä, CEO, Basware Corporation. "As a market leader in the Benelux region, we are pleased to continue our cooperation with this major customer and provide services that empower their e-invoicing adoption. E-invoicing is a key enabler in simplifying connections, improving processes, making significant cost savings and strengthening buyer-supplier relationships".

For more information, please contact:

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

Distribution:
NASDAQ OMX Helsinki Ltd
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www.basware.com