Basware is a provider of procure-to-pay and e-invoicing solutions, focused on delivering comprehensive spend visibility through complete data capture. Founded in 2002 and headquartered in Fort Mill, South Carolina, the company offers a cloud-based platform that automates financial processes, allowing organizations to manage their spending effectively while mitigating financial risk and lowering operational costs. Its advanced accounts payable automation and invoicing services streamline complex invoice processes for finance leaders in global enterprises. By offering features such as touchless invoice processing, smart coding, and e-procurement, Basware enhances operational efficiency and ensures compliance with regulatory changes, ultimately reducing errors and risks for its clients.
APMatching is a cloud-based technology for automated invoice processing, statement reconciliation, and duplicate prevention.
Glantus
Acquisition in 2023
Glantus is a global provider of accounts payable automation and analytics solutions, focusing on the manufacturing and distribution sectors. The company offers a data platform that enhances operational efficiency by eliminating costs, maximizing working capital, and generating new revenue streams. This platform integrates seamlessly with existing systems, minimizing disruption and operational risk. Glantus generates revenue through product licenses, annual subscriptions, professional services, and vendor recovery services. While the majority of its revenue comes from the United States, the company also maintains a presence in the United Kingdom, the Republic of Ireland, and other regions.
Verian
Acquisition in 2016
Verian Technologies offers cloud-based procurement software designed to automate the complete purchase-to-pay process. By providing web-based electronic procurement services, the company enables organizations to streamline their procurement operations, significantly reducing operational costs and enhancing efficiency. Verian's solutions are particularly beneficial for midsized and large organizations, allowing them to analyze and manage their non-payroll spending effectively.
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