Basware

Accounts payable (AP) and invoice fraud is an increasing concern for organizations worldwide. Our latest fraud report, created in collaboration with sharedserviceslink, collates the thoughts of 100 global business leaders and CFOs – revealing alarming, ongoing trends. Key findings include: 📈 68% of organizations encountered at least one fraud attempt in 2024. 🤖 Generative AI is making fraud attempts more convincing, with 62% of respondents identifying it as a primary contributor. 🛠️ Lack of AP automation is a key driver of rising AP fraud, identified by 28% of organizations. 💼 Internal fraud is on the rise, with employees setting up phantom vendors and submitting false invoices. 🤝 Collaborative fraud involving vendors and employees is becoming more common, with kickbacks and conflicts of interest. With AP fraud growing in frequency and sophistication – now is the time to equip your organization with the knowledge and power to combat it effectively. Protect your business from AP fraud, download our full report. https://lnkd.in/eqEbznUh   #FraudPrevention #APFraud #APProtect

Named a #leader in the enterprise and midsized markets, check out report highlights on Basware: • Advanced invoice automation 👩💻 • Deeply rooted expertise in global compliance requirements 🤓 • Touchless invoice processing 👋 • Over 40 years of invoicing experience 🕰️ • A seasoned partner 🤝 🌎 The IDC MarketScape: Worldwide Accounts Payable Automation Software 2024 Vendor Assessments offer in-depth analyses of global players in the SaaS and cloud-enabled accounts payable management software market. 💪 It is a competitive space where innovation is driving efficiency and growth for companies around the world. IDC’s team of analysts highlighted many of Basware’s core strengths and ranked us a #leader. 🤿 For a deeper dive, download the assessment excerpt here: https://bit.ly/4c1JFTB #IDCMarketScape #APAutomation #Basware #GlobalCompliance #TouchlessProcessing #TechnologyLeadership #SaaS #BusinessEfficiency #Fintech #VendorAssessment #DigitalTransformation

🌍 France’s E-Invoicing Mandate: Key Updates You Need to Know 🚀 The shift to mandatory electronic invoicing in France is gaining momentum, with key milestones set to reshape how businesses operate: 📅 2025: Exemptions for domestic e-invoicing will no longer be needed. 📅 2030: All intra-community invoices must meet EN16931 standards and flow through designated platforms. 📌 What does this mean for your business? - New compliance requirements - Enhanced efficiency through the upcoming national directory for VAT-registered businesses - Testing and implementation phases starting in 2025 ✅ Why partner with Basware? As a PDP (Platform for Data Processing), Basware is committed to guiding businesses through these changes. With 40+ years of expertise, we help you stay compliant, efficient, and ready for the future. 👉 Don’t let the changes catch you off guard. Now’s the time to prepare! Read our blog: https://bit.ly/4f0g6Dm #ElectronicInvoicing #France #Compliance #DigitalTransformation #Basware

Customer Success Loading... Complete! 🔋    Angela Hodson and her team at Aurorium have experienced a complete transformation since implementing Basware! Here’s what they had to say about their journey:  ✨ “Prior to Basware, we did a lot of manual data entry into our ERP system.”  ✨ “We increased electronic payments from 30% to an impressive 70%.”  ✨ “We went from a data entry department to problem solvers. Now, we have the time to dig into issues and go straight to the source to fix them.”    Aurorium’s success speaks volumes! With Basware and Velocity Procurement, Angela's team has reduced manual tasks, empowered efficiency, and turned into a strategic financial powerhouse. 🌟    🎥 Hear more from Angela on how Basware helped reshape their workflow and unlock their potential. 

🌟 Is your AP process running as efficiently as it could be? Learn how finance leaders are driving cost savings and business value through AP automation. 💡 Check out our blog by Horia Fratean to explore key insights from Basware’s AP Benchmarking Report and unlock the full potential of your AP function. 📥 Download the ebook here: https://bit.ly/3TrWb8q #FinanceAutomation #APMetrics #CFOInsights #OperationalExcellence #BusinessOptimization #AccountsPayable

🚨 Are you ready to out-smart AP fraudsters in 2025? 🚨 Our latest report, The Rise in AP Fraud, is LIVE and uncovers a perfect storm of challenges facing businesses. With 62% of organizations citing GenAI as a key driver behind the surge in invoice fraud attacks, it’s clear that AP departments at the forefront of this global $485bn issue need to take action, and now! Key findings include: 🤖 68% of organizations were victims of fraud this year 📌 90% lack dedicated fraud prevention teams, leaving under-resourced AP teams overwhelmed - creating greater vulnerability for your business 🕵 GenAI is making fake invoices more convincing and harder to detect. Thomas Santacroce, Global VP of AP Assurance at Basware said: “With increasingly sophisticated fraud tactics on the uptick, organizations must prepare for stricter AI and compliance rules. Proactive fraud prevention today not only mitigates risk, but also future-proofs operations against costly penalties.” 🚨Fraud tactics are evolving, but so are the solutions. The report - conducted by sharedserviceslink - highlights how automation and AI-driven processes, like those offered by Basware, are empowering companies to reduce risks and stay ahead. 🔍 Ready to protect your business? Read the full report to uncover insights and actionable steps to safeguard your operations in 2025 and beyond. 📖 Download the Report 👉 https://lnkd.in/edy5_Zhx Check out the news 👉 https://lnkd.in/eAfUBGva Want to make it all just happen? Get in touch 👇   #APFraud #GenerativeAI #FraudPrevention #FinanceTransformation

Basware AP Automation equals significant savings! 💸 This commissioned Forrester study uncovered benefits totaling $1.83M over three years! Dive into the study to learn more. https://bit.ly/49rPFUT #CostSavings #FinancialSuccess #APAutomation #NowItAllJustHappens

Basware North America turned up the holiday magic this year! 🎉❄️ Last week, our teams came together to turn good intentions into meaningful action—making sandwiches for local charities, strengthening bonds over an epic night of bowling and games, and fostering genuine connections. We showed that giving back and having fun go hand in hand, creating moments that build something bigger and lasting. ✨ The real highlight? Celebrating our 2024 Game Changers: Melissa Wagenhauser, Brad Kemper, and Adriana Hernández Di Nápoli! These colleagues prove why Basware isn't just a company, but a community that truly shines. 🏆 One incredible holiday celebration, endless inspiration. Here's to an amazing 2024 and an even brighter 2025!

🎉 Join our insightful webinar where we'll reveal the findings from our latest survey on AP crime and fraud with sharedserviceslink and discuss how generative AI is being put to ill use by fraudsters. Ensure your finance team is prepared for 2025. Register now. https://lnkd.in/eR9-RBaV 📅 January 15.  🔎 Revealing the latest survey findings on AP crime.  🤖 Discussion on how generative AI is being used in fraud.  🛡️ Tips to protect your finance team in 2025. Don't miss out on this must-attend event! Save your spot today.   #APfraud #preventfraud #finance #fraudprevention #APProtect   

Imagine cutting invoice processing time by 70% and eliminating nearly all manual errors. Sound like a finance fantasy? It's not. On January 23rd, Basware is pulling back the curtain on AI-powered AP transformation that's rewriting the rules of financial operations. In our exclusive webinar, you'll see: 🦾 Live demos of AI that think and work like your smartest team member 📈 Real case studies showing $ millions saved and productivity soaring 🙌 Invoice processing transform from a cost center to a strategic advantage 🎁 BONUS: Refer a finance friend or colleague, and you'll both get a chance to win a $500 Amazon gift card OR donation to a charity of your choice. One hour could change everything about how you see Accounts Payable. Don't miss out. 👉 https://lnkd.in/gb3D7e4p #AItoROI #APautomation #NowItAllJustHappens