Basware is a global leader in purchase-to-pay automation software. It has over 1,000,000 users in more than 2,000 customer organizations. Basware offers a comprehensive electronic procurement and invoice processing solution to help customers achieve efficiencies, cost savings, compliance and visibility across the entire purchase-to-pay process. Key features include intelligent capture and matching of invoices, purchase orders and contracts to drive automation. Basware also offers supplier activation and portal services to help customers increase the number of electronic invoices received.

1. Basware Enterprise Purchase to Pay 1

2. Basware in BriefThe global leader in purchase-to-pay automationDevelops software for procurement and financial process automationMore than 1,000,000 (March 2010) software users in over 2,000 customer organizationsServices through the network of more than ten own officesin Europe, Australasia and the USExtensive partner network in more than 50 countries Founded in 1985, publicly listedNet sales of EUR 103 million in 2010Over 970employees at end of 20102

3. Basware has more than 1,500 large customers

4. Basware ANZ customers

5. Managing Purchase to Pay Is on Everyone’s Agenda5FinanceAgendaProcurementAgendaAccountsPayableAgendaFinancial Reporting

6. Cash Flow Visibility

7. Business Support

8. Spend Management

9. Supplier Base Rationalization

10. Supplier Collaboration

11. Compliance

12. Control and Visibility

13. Efficiency

14. SavingsSupplier AgendaOptimized Delivery

15. Receivables OptimizationSource: Aberdeen Group 2006

16. ComplianceEPP Automation Drivers 6SavingsIMPROVED BUSINESS PROCESSESEfficiencyFlexibilityDirectAutomated manual tasks

17. Optimized processes

18. Improved cycle timesIndirectIntegrated processes

19. Improved collaboration

20. Multi-channel, anywhere, anytime accessFast ImplementationPractical integration to ERPs and other systems

21. Easy-to-use

22. No programmingAdaptabilityModular & scalable to future needs

23. Process changesControlAudit trail

24. Approval rights

25. User rights

26. Data securityTransparencyTransactions

27. Processes

28. SystemsFrom Early Maturity to Excellence7ExcellenceSustainability and innovation through visibility

29. KPI-based early warning system

30. End-to-end process improvementMature Operations Visibility through continuous measurement

31. Full deployment of best practices

32. Transformation of operations from transaction processing to business supportActive OperationsDeployment of best practices

33. Measurement and feedback with basic set of KPIs

34. Transformation of people and processesEarly Maturity – Rapid Implementation of Best PracticesSuccessful rollout of initial set of best practices

35. Easy deployment and adaptation

36. Ramp-up of people and process analyticsBasware – a P2P leader and global playereProcurement Solution providersElectronic Invoice Presentment & Payment providersBasware is leader in Strategy, Current Offering and Market Presence “Basware regarded as a leader in eProcurement”

37. Basware EPP Solutions9Basware Connectivity ServicesBusinessTransactionsSupplierActivationSupplierPortalScan and CaptureBasware ProcurementBasware Invoice AutomationBasware RFxManagementBaswareContract LifecycleManagementBaswareContract MatchingBaswareInvoiceProcessingBasware Purchase ManagementBaswareOrder MatchingBasware Travel & Expense ManagementBasware Document Archiving

38. Basware - Certified with more than 230 ERP applications10

39. Key Features of Basware EPPComprehensive solution, supporting the entire EPP processMaximum automation withLeading edge scan and captureNext generation rule-based matchingPowerful exception handling workflowAutomatic archivingIntegrated key performance indicators (KPI) enable continuous process improvementAnywhere, anytime access with mobile solutionExtreme robustness and simple integration - in even the most complex of IT environmentsCompliant with de-facto IT standards11

40. True Automation is More Than WorkflowAutomation ≠ Workflow!Automation enablers:E-procurementE-InvoicingIntelligent scan and captureRule-based processing and matching of invoices, purchase orders and contractsPowerful exception management12

41. PO Invoice Automation13Invoicematcheswithapprovedpurchaseorder (PO)Informative work flowInvoicedoesnotmatchwith PO(discrepancy)Automation

42. Recurring Invoice Automation14Invoicesmatchwithapprovedpaymentscheduleorbudget (contract)Informative work flowInvoicesdonotmatchwithcontract(exceptions)Automation

43. Partnerships and Certified Integrations15

44. Basware EPP Customer ValueProcess efficiencies throughout the organization Full visibility of transactions and processesAvailability of spend and valuable supplier dataStronger supplier relationshipsCash flow visibilityImproved compliance and controlInstant bottom-line savingsImproved agility and flexibilityLowers threshold into a shared service centre operationsGlue and stabilizer in the changing business environment16

45. Focus on increasing the number of real e-invoices17BaswareSupplierPortalAccounts ReceivableAccounts PayableBaswareBusinessTransactionsSupplierBuyerBaswareScan and CaptureSupplier Activation Service

46. All the invoices delivered as electronic invoicesIntercompanyInvoicesTOP20BaswareBusiness TransactionsBaswareInvoice AutomationSuppliersMatchingSuppliersSuppliersTOP20BaswareSupplier PortalSmall SuppliersERPWEB ENTRY

47. PaperinvoicesBaswareScan and Capture Service processesallincomingpaperinvoicesMail receipt, sorting and batchpreparationData extraction and validationInvoicedeliveryback to you, the customer in electronicformat via Baswaree-invoicenetworkPaper destruction or returning after storage periodBenefitsSignificantsavingsthroughoutsourcing: own labour + space, software and hardware notneededAccurate and extensivehighquality data enablesmaximumautomation in the laterstages of the accountspayableprocess19

48. E-invoicesElectronic exchange of invoices via monitored, secure and robust transaction platform (BT)

49. Delivers connectivity to over 150.000 suppliers via international network

50. Supports use of electronic signature

51. Provides monitoring of invoice status (supplier/buyer)

52. Automatic data validation for incoming invoicesBenefitsSignificant, further reduction of cost per invoiceSpeeds up invoice processing time enabling discount negotiations and preventing late payment feesIncreases invoice data content and accuracyDelivers savings to both buyer and supplierStrengthens supplier collaboration

53. Frompaper to e-invoices – BaswareSupplierActivationSupplier activation to e-invoicing can also be outsourced to BaswareSupplier data collected to identify the suppliers already capable of sending electronic invoices + immediate activation of these suppliersAppropriate tools offered to activate suppliers not yet capable of sending e-invoicesExtensive reporting of activation results As a resultMore and more e-invoices, less paper invoicesAverage cost per invoice in constant decreaseSuccessful supplier activation also requires commitment from the customer side21

54. GettingsmallsuppliersonboardSuppliers can be activated to electronic invoicing – regardless of their size and technical capabilitiesThe Basware Supplier Portal tool can be used by all sizes of suppliers, including the smaller and more ad-hoc suppliersA supplier can quickly and easily key in his invoice for the recipient partyThe supplier can even add attachments (such as worksheets) to the keyed in invoiceThese typed invoices and attachments are delivered to the buyer’s Basware system via the e-invoice networkRights can be given to allow key suppliers to track their own invoices, reduces customer effort spent on answering inquiries 22

55. Controlled Performance– fromPurchase to Pay[For more information: Paul.Turner@Basware.com]23