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Basware extends agreement with Metso to deliver e-invoicing

Tuesday 26th February, 2013

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.

Esa Tihilä, CEO, Basware Corporation, said: "We are satisfied with being able to continue and expand our cooperation with our long-term client, Metso.”

He added: "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.