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RNS - Basware signs service agreement with leading building materials company in Finland

Company: Basware Oyj Date: 2012-10-09 Language: English Register to download

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  Disclosure 302251

##### BasWare - Company Announcement

  

#### Basware signs service agreement with leading building materials company in Finland

  

Basware Corporation, stock exchange release, October 9, 2012 at 15:30 Basware signs service agreement with leading building materials company in Finland Basware will supply extensive e-invoicing and invoice automation solutions as a service to a leading building materials company in Finland. The solutions include electronic and automatic processing of inbound invoices, supplier portal, and service for exchanging procurement messages. The services will be commissioned in Finland, and the value of the multi-year agreement is over EUR 400 000. The delivery will commence during October."Our new customer processes approximately 0.5 million inbound invoices and order messages a year. With Basware's solution, the customer can increase the efficiency of invoice processing and cooperation with suppliers," Esa Tihilä, CEO, Basware Corporation, comments. "This agreement is a good proof of how our service sales are increasing further in Finland as well, similarly to our other market areas," Tihilä adds. For more information, please contact: Esa Tihilä, CEO, Basware Corporation Tel. +358 40 480 7098 Distribution: NASDAQ OMX Helsinki Ltd Key media www.basware.com \[HUG#1647683\]