Basware concludes extension agreement on delivering an extensive e-invoicing solution to Metso as a service

2013-02-26 07:35:31 -
Basware Corporation, stock exchange release, February 26, 2013, at 08:30

Basware concludes extension agreement on delivering an extensive e-invoicing
solution to Metso as a service

Basware has signed an extension agreement on the delivery of an extensive e-
invoicing solution to the global technology and services supplier Metso. In
addition to sending and receiving e-invoices, the agreement covers supplier
activation service and the Basware CloudScan solution, allowing the customer to
easily convert paper invoices into digital format directly into the cloud. The
value of the two-year agreement is over EUR 350,000, and the services will be
deployed by Metso Group globally. Metso Group already uses an extensive range of
Basware invoice automation services.

"We are satisfied with being able to continue and expand our cooperation with
our long-term client, Metso," says Esa 
  
    
      
        

	    
  
  Tihilä, CEO, Basware Corporation. "With
the CloudScan solution and the interface to receive e-invoices, we can manage
our client's payment traffic comprehensively. With this agreement, the annual
volume of invoices processed by us will increase by approximately 200,000
invoices. With automation, the client will benefit from accelerated processing
of invoices and lower costs per invoice throughout the Group."

Metso is a global supplier of technology and services to customers in the
process industries, including mining, construction, pulp and paper, power, and
oil and gas, and it has 30,000 employees in over 50 countries.

For more information, please contact:

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

Distribution:
NASDAQ OMX Helsinki Ltd
Main media
www.basware.com



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Source: Basware via Thomson Reuters ONE
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