Finnish e-procurement and e-invoicing software company Basware has been selected by Huf Hülsbeck & Fürst (Huf), a German company within the automotive industry, for its AP automation and e-invoicing services powered by the Alusta cloud-based platform for Purchase-to-Pay.
Under the agreement, Huf is set to use Basware's Invoice Automation along with scan and capture and supplier activation services. The delivery of the services will begin on October 2012.
Alusta: key elements
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With the Basware Alusta platform buyers and sellers from different departments are able to access the same transaction data from their user interfaces. Furthermore, users have visibility of cash obligations and movement from requisition to payment, and they can connect to the open commerce ecosystem and transact, regardless of their own company infrastructure, technical expertise or regulatory context. The platform provides software-as-a-service packages for organisations as well as process-as-a-service packages for businesses.
The integration of e-invoicing and procure-to-pay systems is an essential step in developing fully automated e-commerce. The issue for companies is: do you buy stand alone e-invoicing services or integrated e-invoicing and P2P packages?
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