Basware Launches Cloud Platform for B2B Commerce

Basware Alusta enables electronic transactions across open network for all companies including small-to-medium enterprises


Total visibility from a single platform: Users have visibility of cash obligations and movement from requisition to payment. This provides finance departments with early insight into cash movements across the entire end-to-end process, improving the accuracy of cash flow forecasts and helping reduce the need for third-party provisioning.

Neutral network connectivity: Allows a company of any type with any data format to connect to the open commerce ecosystem and transact, regardless of its own company infrastructure, technical expertise or regulatory context. This delivers a multi-enterprise business solution that is easy to participate in and flexible enough to handle the different perspectives of all functions involved in financial operations.

Multi-tenant software-as-a-service packages: The Basware Alusta platform provides packaged solutions optimized for organizations of all sizes, pre-built with templates based on more than 25 years of experience, delivering world-class processes from day one without requiring major upfront investment. SMEs can choose to access Basware’s InvoiceReady or Invoice Pro solutions, designed to eliminate paper from their accounts payable operations, scaling adoption based on need, and paying based only on usage.

Process-as-a-service: Basware Alusta gives businesses the ability to start with a single process and deploy additional processes and collaboration functionality if and when the business requires it. It is scalable regardless of organization size and most importantly, businesses only pay for the services they use.

“Efficiency, visibility and usability are the words that come to mind with Basware’s new Alusta platform,” said Vishal Patel, Research Director at Ardent Partners, Boston. “The cloud-based solution introduces a mix of sophistication and simplicity to help companies manage and improve their B2B relationships. By combining the new platform with its Open Network, Basware customers have the potential to drive deeper, more collaborative relationships with their trading partners.”

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