Basware Adds Leading Source of Diversity Data to Supplier Management Solution
Allows Customers to Search Their Supply Base by Diversity Indicators Provided by Dun Bradstreet Basware (Nasdaq: BAS1V) has added diversity data to its Supplier Management solution, allowing customers to identify minority-owned and small business suppliers within their base. The data is provided by Dun Bradstreet s Diversity Database, the most trusted and definitive source of diverse business information in the market today. By having access to our diversity data in the Basware solution, customers can trust that they have the most complete database in the market at their fingertips, comments Lauri Mähönen, Sales Director Finland, Dun Bradstreet Europe. We are pleased to be a part of helping companies turn diversity data into strategic opportunities.
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Basware has added diversity data to its supplier management solution, enabling customers to better identify minority-owned and small business suppliers within the program. The data is provided by Dun & Bradstreet’s Diversity Database.
With the software, customers can quickly find minority-owned and small businesses within their network, helping organizations develop and evolve their supplier diversity programs. Data for existing suppliers is automatically updated when imported, and new suppliers will have the data included during the onboarding process. In addition, diversity indicators can be exported to other customer systems through its application programming interfaces.
“The genesis of this integration with Dun & Bradstreet was our commitment to add another lens of visibility for our customers as we see more and more placing an emphasis on supplier diversity, which we applaud,” states Sami Peltonen, Vice President of Purchase to Pay Produc
Basware Named an Accounts Payable Leader in IDC MarketScape 2020-2021 Report Basware (Nasdaq: BAS1V) today announced that it is named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Accounts Payable Automation Applications for Enterprise 2020-2021 Vendor Assessment (doc US47032520, December 2020). This IDC MarketScape study provides an assessment of the SaaS and cloud-enabled accounts payable automation applications for enterprise and discusses the criteria that are important for companies to consider when selecting a system. The IDC MarketScape has recognized Basware as a Leader in AP Automation, said IDC analyst Kevin Permenter. Basware is an especially appealing fit for complex global enterprises with multi-ERP environments that need to automate a variety of invoice types. Its integration experience not just with ERPs but also with direct procurement, SRM, VMS and tax solutions is also invaluable in an era where solution providers need to fit into a lar
Rethinking your investment plans post-COVID? Win big by starting with high-value low-risk procurement applications
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Promo Basware, with research and advisory firm Gartner, has looked at how businesses are rethinking their investment plans in light of the economic uncertainty caused by the pandemic. They produced a report earlier this year that suggests businesses look to start small and deploy best-of-breed modules that deliver a speedy ROI.
Featured Gartner analyst Micky Keck suggests that contract lifecycle management and accounts payable invoice automation (APIA) can be good places to look for quick wins. APIA touches many finance and treasury processes, and APIA projects can be completed in under six months and drive a large ROI due to high levels of document automation and error reduction.