Basware : signs e-invoicing agreement with multinational engineering and electronics company in Germany

Basware Corporation, stock exchange release, March 27, 2015 at 12:00

Basware signs e-invoicing agreement with multinational engineering and electronics company in Germany

Basware has signed an agreement for the delivery of e-invoicing services with a multinational engineering and electronics company in Germany. The agreement covers inbound e-invoicing. The value of the agreement exceeds EUR 650,000 over three years.

"The customer is one of the largest automotive suppliers in the world. By joining the Basware Commerce Network, they can collaborate, trade and achieve closer relations with their business partners. 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. "We have continuously strengthened our position in the automotive industry and this agreement yet again demonstrates our ability to expand our reach in the industry."

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