BASWARE EPP SOLUTIONS INCREASE EFFICIENCY AND DELIVER COMPLIANCE
Basware Enterprise Purchase to Pay (EPP) Solutions deliver value by providing compliance and control, as well as fast return on investment. Leaders in providing solutions that can offer you a reliable way to improve control and performance of purchase to pay process end-to-end, which will benefit your business prospects and add a level of integrity to your company’s operations

Built-in intelligent best practices,
process automation, and powerful exception management increase efficiency and reduce costs. Automating your organisation’s procurement, invoice handling, and travel and expense management process not only improves business performance but frees your staff to focus on core business and generate customer value.
Basware EPP offers proven solutions for procurement, invoice automation and travel and expense management. With Basware you can improve spend compliancy and make cost savings throughout your procurement cycle – from sourcing and contract management to day-to-day purchasing and supplier connectivity. Basware EPP also delivers market leading solutions for invoice automation, including invoice data capture, invoice matching, review and approval, and transfer for payment and archiving.
Basware EPP Solutions are easy to implement and easy to roll out. Basware is compatible with over 200 enterprise resource planning (ERP) systems and has certified integration with all leading ERP systems. For example, Microsoft Certified for Windows Server 2003, SAP ® Certified Interface, and Certified for SAP ® NetWeaver™ certifications and endorsements guarantee seamless integration with Basware Enterprise Purchase to Pay Solution. Basware’s suite provides a global solution for purchase to pay automation that cannot be matched by any other workflow solution or ERP system. World-class organizations around the globe trust Basware to automate and streamline their financial processes.
The built-in best practices of Basware EPP solutions enable end-to-end automation of your purchase to pay process with strict financial controls to prevent fraud and ensure compliancy with corporate policies and legislation such as the Sarbanes-Oxley Act. The best and next practices offered by Basware EPP contribute to building efficient controls without increasing costs.
Strengthening financial controls, without increasing costs, has traditionally been extremely difficult – if not impossible. Basware EPP applies leading-edge technologies to increase financial controls, while reducing costs by process automation and improved collaboration.
The most straightforward way to increase process EPP process efficiency is to automate manual, paper based, and error prone processes. Basware EPP offers you the most advanced tools for purchase to pay automation. It integrates often siloed procurement and accounts payable processes into a manageable entity and provides full visibility and control over the end-to-end process.
The key best practices for providing automation efficiencies and preventing manual intervention include:
• Electronic interchange of business documents
• Leading-edge scan and capture
• Next generation business rule based matching
• Automatic validation and early detection of erroneous transactions and documents
• Powerful exception handling
• Automatic archiving

Leveraging business rules in data validation, early detection of exceptions and automatic matching Basware offers unique multi-dimensional business rule based data validation, early detection of exceptions, and matching of invoices to purchase orders, contracts or any predefined payment schedule. Basware’s automated solution validates purchase requisitions and invoices against a set of business rules describing corporate policies and procedures, contracts, bookkeeping rules, purchasing documents, and basic supplier data.
For example, all non-matched invoices can be sent automatically with proper coding to the approval workflow based on business rules, policies, and other data accumulated in the process. Rules-based matching is a powerfull tool for automating the handling of contract based invoices.
Basware’s comprehensive five-way matching also utilises business rules in purchase order matching. During the matching process, Basware order matching verifies that an approved and appropriately coded purchase order exists, and then ensures that the goods receipt has been made.
Five-way matching extends the process to cover the verification of quality inspection and a complete audit trail. Flexibility has come at a price for many organisations, whose ERP project implementations have taken years to fully roll-out. After lengthy implementation and roll-out, it is common that a huge number of change requests are waiting even before the original roll-out is completed. This means that every tailor-made application module or modification is subject to an ongoing change process. Basware believes in a Packaged Composite Application (“PCA”) model, where the Basware solution sits on top of the ERP system, using standard interfaces (“SOA”) and requiring no changes to the ERP system. This enables painless upgrades and coexistence with ERP systems.

Contact Info
For more information
Tel: 01483 459740
Fax: 01483 447525
Email: marketinguk@basware.com
Website: www.basware.co.uk

Industrial Focus July/August 2008