Basware and Efima combine automation and outsourcing

Process development and increased automation bring additional benefits to outsourcing.

Basware – the leading supplier of purchase-to-pay and e-invoicing solutions – and Efima – developer of financial management – have entered a strategic collaboration expanding both companies’ offering. The strategic cooperation combines high-quality outsourcing services with the automation of the purchase-to-pay process. The combined product portfolio can in the future cover also other Basware solutions.

Organizations of all sizes are currently aiming at increased automation in financial management. Automation releases competence from routine tasks to more demanding ones. Efima’s and Basware’s cooperation ensures that even companies choosing to outsource can benefit from automation of all working phases. The combined offering of the companies comprises the holistic outsourcing of the automated purchase-to-pay process by Basware and of other financial processes as offered by Efima.

"This win-win collaboration allows us to offer – in addition to financial systems – also process outsourcing to those Finnish companies that are interested in this option. This enables us to reach for completely new customers", says Vice President Pekka Lindfors from Basware.

"Efima’s important competence area is the development of customers’ financial processes. Transparency and automation are essential in order to make the processes efficient. With this collaboration contract we step up to become a supplier of financial management outsourcing to organizations who have chosen Basware’s solutions", says Tero Salminen, Managing Director for Efima.

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