One of the big barriers to electronic invoicing is persuading suppliers to sign on. E-commerce solution provider Basware has launched a new cloud platform, Alusta, that the company says makes it easier for suppliers to adopt e-invoicing.
Basware, based in Finland, already offered a software-as-a-service version of its e-procurement and e-invoicing products. But John Webster, Basware's vice president of global product marketing, says Alusta "has been built from the bottom up to be a fully multitenant cloud solution, as well as a solution that can be taken by a large corporate and installed behind their firewall."
The multitenant aspect means Basware can give companies more flexibility. "Small organizations can start with a scaled-down version, very simple accounts payable automation," Webster says. "As you grow as a business, you can select a bigger package with more capabilities." Companies are paying only for what they use, he says, and "you can start small, grow fast, even retract if you have to."
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
- Exclusive discounts on ALM and Treasury & Risk events.
- Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
*May exclude premium content
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
