Procurement Magazine September 2024 | Page 55

BASWARE
TOP 10

08

FOUNDED
Jason Kurtz CEO , Basware

BASWARE

REVENUE : US $ 750M EMPLOYEES : 1,400 CEO : JASON KURTZ
: 1985
Basware is looking to empower procurement through its use of AI and invoice automation , procurement analytics and supplier collaboration .
The programme is particularly suited to empowering finance teams through its tools designed to assist with invoicing . It offers predictive analytics that use an intelligent algorithm to identify invoices at risk of being paid late , enabling organisations to prevent late payments , capture early payment discounts and optimise cash flow .
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