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Sievo joins Basware’s Partner Ecosystem

Wednesday 26th August, 2020

Basware announces the addition of a leading procurement analytics SaaS company to its partner ecosystem. Sievo’s technology will provide Basware customers with additional complementary specialist services to Basware’s existing procure-to-pay suite.

“Last year Basware moved forward with a new strategy that addressed the entire source-to-pay ecosystem,” said Sami Peltonen, VP P2P Solutions, Basware. “Business analysts have widely acknowledged that a single end-to-end solution falls far short of perfection in the complex enterprise P2P ecosystem – no one provider does it all. By bringing on application partners that are best-of-breed, Basware can offer customers exactly what they need in a holistic ecosystem that offers the best of the best.”

Basware launched its application partner program last year. Supported by API-based architecture, customers can manage suppliers and spend in Basware’s core platforms, while capitalising on complementary specialist services.

Established in Finland in 2004, Sievo offers spend analysis, savings lifecycle, spend forecasting, contract management, procurement benchmarking and 3rd party data enrichment solutions.

"We are pleased to bring our expertise to the Basware ecosystem," said Sammeli Sammalkorpi, CEO of Sievo. "We share the same vision with Basware that best-of-breed specialists are needed to get the best functionalities within each source-to-pay domain. Sievo can seamlessly integrate Basware data into its analytics platform to provide AI-powered insights to end users."

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