What is e invoicing Basware?

E-invoicing (also referred to as electronic invoicing) automates and streamlines the process of receiving invoices from suppliers. E-invoicing delivers a number of benefits to buying organizations receiving a high volume of invoices annually, including: Lower invoice processing costs Fewer errors and exceptions Faster invoice processing and approval Better visibility into suppliers and spend Improved cashflow forecasting Because Basware runs the largest open commerce network in the world, we can help customers receive all invoice types on a global scale, making it easy for you to connect to 100% of your suppliers and gain 100% spend visibility. Importantly with Basware, your suppliers don’t have to pay to join our Network. Suppliers can send invoices in their preferred format (paper, PDF, EDI, XML, etc.) and our integrated suite of solutions automatically converts and delivers those invoices electronically.