Basware Corporation

GUILDFORD, England, October 27, 2010 - Basware, the leading provider of purchase-to-pay solutions, has further expanded its Open Network for e-invoice and purchase message transaction by passing the significant milestone of 100 partners across the globe.

GUILDFORD, England, July 7, 2010 - - 35% of Accounts Payable Departments Have Not Paid Suppliers Due to Internal Finance Errors - 24% Know Their Own Organisation has not Been Paid Due to Customer/External Finance Mistakes Weaknesses in finance processes are resulting in additional costs for businesses and even causing invoices to go wholly unpaid, according to a new report released today by Basware (www.basware.com/Pages/default.aspx).

ESPOO, Finland, June 23, 2010 - Basware, the global leader in purchase-to-pay solutions, today announced the addition of supplier functionality to its Basware Connectivity services.

ESPOO, Finland, May 26, 2010 - - 58% of CFOs see improving profit margins as a strategic priority in 2010, up from 39% in 2009 - Cost saving has declined as a strategic priority, dropping 5 percentage points from 2009 - Appetite for automation within purchase-to-pay processes increases in search for efficiencies and visibility CFOs' poor visibility of key financial information is undermining confidence in their departmental and company performance, and ultimately leaving doubts around profitability, according to the annual The Cost of Control independent report, released today by Basware ( www.basware.com/).

GUILDFORD, England, May 4, 2010 - Basware, the leading provider of purchase-to-pay solutions, has announced that it processed more than 1 million e-invoices and purchase messages in March 2010 through its Business Transactions service, an average of one per second.