Basware signs scanning services agreement with leading manufacturer of building materials in Belgium

Basware Corporation, stock exchange release, April 3, 2014 at 12:00

Basware signs scanning services agreement with leading manufacturer of building materials in Belgium

Basware will deliver scanning services to one of the world's largest manufacturers of building materials in Belgium. BasWare will convert all customer's inbound paper invoices to e-invoices and direct them to their invoice automation system. The value of the agreement is approximately EUR 300,000 over three years. The services will be implemented in Belgium and The Netherlands.

"The customer's parent company in Germany is using Basware Invoice for invoice automation globally and this agreement extends our cooperation in Belgium and The Netherlands. By centralizing the handling of paper purchase invoices, our customer is further enhancing and speeding up the invoice handling process while significantly improving cost effectiveness. With Basware's scanning services, the paper and e-mail invoices are converted to electronic invoices; the customer will receive only validated e-invoices to their Basware Invoice solution," says Esa Tihilä, CEO, Basware Corporation.

For more information, please contact:

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

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www.basware.com

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Source: Basware via Globenewswire
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