PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

Basware Launches New Release of its Verian eProcurement Solution Suite; Provides Increased Collaboration, Time-Saving Features

By PaymentsJournal
August 2, 2016
in Press Releases
0
0
SHARES
0
VIEWS
Share on LinkedIn
Press Releases - Office Folder on Background of Working Table with Stationery, Glasses, Reports. Business Concept on Blurred Background. Toned Image.

Press Releases - Office Folder on Background of Working Table with Stationery, Glasses, Reports. Business Concept on Blurred Background. Toned Image.

Summer Release Offers Additional Customer-Driven Features to Enhance the Industry-Leading Procurement Platform

STAMFORD, CT. – Aug. 2, 2016 – Basware, the global leader in networked purchase-to-pay, e-invoicing and innovative finance solutions, announced today the summer release of its cloud eProcurement solution suite, from recently acquired Verian. The new version, which was developed based on customer feedback, incorporates advanced features and functionality to provide greater collaboration, efficiency and time savings as well as convenience for mobile users.

“Our customers are continuously working to empower their staff with a self-managing system that automates key tasks and delivers greater efficiency and improved cash flow,” said Tehseen Dahya, general manager, North America, Basware. “The new release of the Verian eProcurement solution suite helps organizations further these goals by enabling end-users, procurement teams and accounts payable staff to more easily and efficiently work together as they create and process orders for goods and services regardless of their location. It also enables organizations to achieve greater accuracy and productivity in their purchasing and finance operations and ultimately cut costs through increased visibility into spend.”

The new solution suite empowers users to more fully communicate with each other and engage in the buying process. New features built into the requesting process enable users to save time, while upgraded strategic sourcing capabilities expedite the sourcing process. Additionally, continued advancements in the mobile application provide more convenience for remote activities.

In addition to the ability to easily make requisition modifications during approval, some of the solutions’ expanded capabilities include: receiver and buyer enhancements for greater efficiency and ease-of-use, one-click capabilities extended to email approvals, account coding enhancements and mobile application enhancements, including the ability to approve expense reports remotely.

Basware recently acquired Verian to bring the very best in e-procurement and invoice automation solutions to the market. Through this union, Basware is now able to offer North American businesses the most comprehensive purchase-to-pay solutions, access to the world’s largest open B2B commerce network, and additional financing and supplier management services.

As part of the acquisition of Verian, Basware now embraces the WeProcurement approach to customer adoption, which empowers customers to harness the “Power of We” across their enterprises and create a collaborative process that delivers relevance, intelligence and awareness within the e-procurement system. This systematic approach makes employees better stewards over company funds by enabling everyone to work together to save costs, reduce risk and fuel new working capital. To learn more about WeProcurement and the importance of relevance, intelligence and awareness in an e-procurement solution, download the eBook.

About Basware
Basware is the global leader in providing networked purchase-to-pay solutions, e-invoicing and innovative financing services. Basware’s commerce and financing network connects businesses in over 100 countries and territories around the globe. As the largest open business network in the world, Basware provides scale and reach for organizations of all sizes, enabling them to grow their business and unlock value across their operations by simplifying and streamlining financial processes. Small and large companies around the world achieve significant cost savings, more flexible payment terms, greater efficiencies and closer relationships with their suppliers. The company’s North American business, Basware, Inc., is headquartered in Stamford, Conn. Find out more at www.basware.com.

0
SHARES
0
VIEWS
Share on LinkedIn

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    syria visa mastercard

    Visa’s Stablecoin Platform Marks the Next Phase of Digital Payments

    July 17, 2026
    cross-border payments

    Beyond Pix: The Cross-Border Layer Latin America Is Building Next

    July 16, 2026
    digital euro

    Can the Digital Euro Be the Difference Maker the EU Needs?

    July 15, 2026
    tap-to-pay

    Tap-to-Pay Gives Small Merchants a Big Advantage

    July 14, 2026
    cyber resilience

    Modern Cyber Risk Is Breaking Longstanding Security Assumptions

    July 13, 2026
    Merchants Real-Time Payments, swipe fees, BNPL

    How Software Turned Payments Into a Seamless Part of Commerce

    July 10, 2026
    credit union data, credit union technology

    Inside the Tech Shift Redefining How Credit Unions Operate

    July 9, 2026
    embedded payments

    What Embedded Payments Can Solve for Small Businesses

    July 8, 2026

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2026 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result