The partnership of industry leaders Basware and
BravoSolution delivers a powerful source-to-pay
(S2P) solution that lets you realize the benefits of negotiated supplier savings across all of your purchasing and finance processes. This integrated solution – spanning sourcing, spend analysis and supply management, as well as purchase-to-pay (P2P) and e-invoicing – overcomes a major problem that companies are facing today: ‘the savings gap.’ Companies are missing out on signficant savings that they negotiated with suppliers because many of their corporate and finance processes are not in compliance with agreed-upon contracts. Now, thanks to the combined offering of best-in-class solutions from
BravoSolution and Basware, you can create significant value and maximize cashable savings throughout P2P – helping you improve your bottom-line financial performance.
Basware and BravoSolution have a proven track record in delivering source-to-pay excellence at the world’s largest industrial, services, public and regulated companies.
VALUE
CREATED
Worlds's leading independent supply management solutions provider
» Spend Analysis
» Sourcing
» Supplier Performance Management
» Contract Management
BravoSolution offers sustained supply management value through spend analysis, sourcing and vendor management solutions and services, while
Basware’s innovative purchase-to-pay and e-invoicing solutions enable companies to automate procurement and accounts payable
(AP) processes and increase spend under management. All of the Basware and BravoSolution offerings are integrated to work together effectively, allowing you to select the solutions that best meet your needs today and immediately begin gaining value across procurement and finance.
This powerful combination of solutions and services makes it easy for procurement and finance teams to work together to ensure that the value of their negotiated savings is realized across the S2P process. For example, using
Basware Purchase and Basware Catalogs employees can purchase products and services from approved contracts that were strategically sourced through BravoSolution Sourcing. By integrating these solutions, companies are able to not only negotiate the best contracts, but also ensure that their employees are purchasing on-contract across their operations.
VALUE
CONTRACTED
Reduces sourcing times with electronic tendering and auctions
Simplifies management of electronic sourcing and auction events
Automates building and management of strategic sourcing projects
Provides easy-to-use tools for analysing RFI, RFP, RFQ responses
Assists early analysis and avoidance of supplier risks
Offers collaboration and compliance with a secure, web-based service
Easily connects suppliers through the world’s largest open commerce network
Enables on-contract purchasing and spend visibility against budget
Offers consumer-style purchasing experience to drive end-user adoption
Simplifies exchange of e-catalogs, e-orders and e-invoices with suppliers
Enables workflows and collaboration across Purchase-to-Pay
Integrates seamlessly with more than 250 different ERP systems
Source-to-Pay
VALUE
REALIZED
VALUE
MEASURED
World’s leading independent purchase-to-pay
& e-invoicing solution provider
» Procurement Solutions
» Accounts Payable Automation
» Basware Commerce Network
» P2P Analytics

BravoSolution’s strategic supply management solutions help you gain the most value from your supply base by identifying the best purchasing value, maximizing savings, negotiating contracts and managing the contract lifecycle. The Bravo-
Solution suite offers several modules, which address sourcing, contract management, spend analysis and vendor relationship management:
• BravoSolution e-Sourcing is a powerful endto-end sourcing management system that enables you to identify the best purchasing value and make secure and compliant sourcing decisions. The sourcing dashboard provides a complete view of the sourcing activity so you can monitor the status as well as make informed strategic and tactical decisions.
• BravoSolution Contract Management manages the entire contract lifecycle, ensuring contracts are visible, controlled, and proactively managed in a timely fashion. With this solution, it is easy to automate the contract lifecycle, including expirations, renewals, warranty periods and price changes.
• BravoSolution Spend Analysis enables you to identify savings opportunities and compliance breakdowns throughout the procurement process to ensure that you realize negotiated savings. The spend analysis module allows you to easily aggregate spend data from multiple systems, cleanse and classify the data to a common classification structure, and perform multi-dimensional analysis.
BravoSolution is the world’s leading independent supply management solution provider:
Strategic focus on spend analysis, sourcing, supplier performance management and contract management solutions
Customers include Alitalia, EDF,
GDF, Novartis, Total, Unilever,
Wyeth
Leader in Gartner Magic Quadrant of Strategic Sourcing Application
Suites 2013
Over 550 employees in 14 offices on 5 continents
Local Market Operation Center available in 13 languages
• BravoSolution e-Auctions allows you to maximize savings and dynamically negotiate contracts to achieve the greatest value. By conducting web-based, competitive negotiations, you can capture multiple revised offers, accelerate the negotiation process and promote transparent behavior across the supply base. Effectively managed e-auctions lead to significant cost savings as well substantial and sustainable improvements in your supply base.
• BravoSolution Vendor Management is a powerful supplier profiling and database tool that allows you to quickly identify and collaborate with your suppliers. With
BravoSolution Vendor Management, you can build sophisticated strategic sourcing databases and give suppliers fast and easy access to relevant category-specific opportunities.
"
The global recession may be showing signs of coming to an end, but companies are continuing to rely on procurement to deliver significant, sustainable savings – and in turn, make a clear impact on profit margins and profitable growth. Through our partnership with Basware we are now able to help procurement and finance teams to work better together to ensure negotiated savings and value are realized right across the business – even after the contracts are signed."
Nader Sabbaghian
CEO, BravoSolution
The BravoSolution Supply Management Suite

Basware is the purchase-to-pay and e-invoicing expert, with over 25 years of innovation and best-practice experience across hundreds of major companies worldwide. Its award-winning solutions not only deliver increased visibility, efficiency and control over the entire purchaseto-pay cycle, but they also take your business commerce experience to a whole new level.
Basware enables trading partners to connect and transact over the largest open business commerce network, while transforming corporate purchasing into an easy “online shopping” experience that rivals the best of consumer websites.
Basware's portfolio of purchase-to-pay solutions and services optimizes financial process performance, ensuring that companies realize negotiated savings through intelligent purchasing and AP processes. Basware Purchase to Pay includes catalog services, contract management, e-procurement and accounts payable automation solutions as well as sophisticated analytical and data visualization capabilities for real-time insight into your financial data:
• Basware Commerce Network allows buyers to easily identify, engage and transact collaboratively with millions of suppliers across the globe. This world’s largest open B2B network has over 900,000 actively trading companies and 160+ interoperable partners.
Over 50 million transactions are conducted via
Basware Commerce Network annually, representing over $420 billion in annual spend.
• Basware Procurement suite features Basware
Purchase, which empowers employees to purchase across all categories of spend using a consumer-style shopping experience; Basware
Catalogs, which manages approved catalog content from preferred suppliers; and Basware
Contracts, which allows you to track operational purchasing against your contracts.
Basware manages all eProcurement activities across purchase-to-pay, helping organizations establish best-practice purchasing processes across all indirect and services spend.
• Basware AP Automation automates the entire invoice handling process, from paper invoice data capture, full e-invoice integration, automatic matching of invoices with purchase orders (POs) or invoice plans, review and approval workflows, to the transfer of approved invoices to an ERP or other system for final payment execution.
Basware is the world’s leading independent purchase-to-pay & e-invoicing solution provider:
Strategic focus on procurement solutions, accounts payable automation, e-Invoicing services and P2P analytics
The Basware Commerce Network is the largest network of its kind in the world, connecting millions of business users in over 900,000 companies across 100+ countries
– with over $420 billion spend and
50 million transactions annually over the network
Customers such as ABB, Europcar,
Finnair, Metso, Toshiba, UniCredit
Leader in The Forrester Wave™ for
AP-EIPP (2008) and eProcurement Solutions (2011)
Award-winning solutions recognized by leading industry trade publications
Over 1,400 employees in 23 offices on 6 continents
120 support and service management professionals in 10 support centers across all time zones
• Basware e-Invoicing enables you to send and receive 100% electronic invoices from day one.
Through a variety of connectivity options – including scan & capture, virtual printer, and
CloudScan, a cloud-based scanning solution – it’s easy to receive true e-invoices and benefit from significant cost savings as well as increased accuracy, efficiency and cash flow visibility. Basware e-Invoicing is one of the key transactions services that is offered via the
Basware Commerce Network.
• Basware Analytics with 100% spend visibility.
Basware Analytics offers easy-to-use analytics and reporting across the entire P2P process. It offers several packaged dashboards, reports, key metrics and key performance indicators, graphs and other sophisticated visualization tools for AP and procurement professionals.
"
This strategic alliance is focused on releasing the potential value of strategic sourcing through best-in-class operational purchase-to-pay solutions. The partnership offers customers packaged integration points between the solutions to deliver seamless processes across source-to-pay, for example for such customers like our key client Finnair. We are focused on bringing about better buying solutions and services to a joint customer base, building on our existing and impressive traction in key regions across the globe."
Esa Tihilä
CEO, Basware
The Basware Purchase-to-Pay and e-Invoicing Suite

When a strategic sourcing event is conducted within BravoSolution, key supplier and contract information becomes readily available within the
Basware Purchase to Pay solution, enabling you to realize negotiated procurement savings and track them with real-time visibility across all invoiced spend. Additionally, Basware allows you to easily identify, collaborate and transact with suppliers globally across the largest open commerce network with electronic invoices, catalogs and orders. As result, you gain faster and more efficient processes, while reducing manual work and errors. Other key benefits are increased visibility and control over your cash flow and spend.
The joint BravoSolution/Basware S2P offering enables easy sharing of supplier data and negotiated contract details for operational purchasing. Additionally, supplier data can be sent to ERP systems for master data management using the Basware AnyERP solution which provides certified integration with all major ERP vendors. This makes the integrated solution seamlessly interoperable even within the most demanding global enterprises and heterogeneous
IT environments. The integrated solution is available via Software-as-a-Service (SaaS), giving companies the flexibility to choose the most suitable configuration for their needs.
"
The Basware-BravoSolution union immediately creates a significant and formidable provider in the marketplace.
Companies looking to transform their source-to-pay processes would be wise to call on these partners."
Andrew Bartolini
Chief Research Officer
Ardent Partners
VALUE
CREATED
VALUE
CONTRACTED
Spend Analysis
Vendor Management Master Data Management
Contract Management Tender Management
Contract Execution eCatalog Management
VALUE
REALIZED
Purchasing Compliance Automation of Invoices
VALUE
MEASURED
Cross-Enterprise Spend & P2P Performance Insights
About BravoSolution
Supply management executives are now, more than ever, under pressure to deliver more savings, develop and manage strategic supplier relationships, accelerate procurement cycles, and maintain process excellence.
Confronted with these diverse yet consistent challenges, CPOs and sourcing professionals must seek tailored solutions that deliver rapid ROI to their business.
BravoSolution offers leading software and services to fit the needs of today’s sophisticated supply management organizations. Our services organization, one of the world’s largest teams of professionals dedicated exclusively to sourcing and procurement consulting, delivers lean, targeted services to support strategic sourcing and procurement initiatives. Our industry leading software toolkit supports the full supply management lifecycle across myriad industries, geographies and business models.
As of today, over 50,000 procurement professionals in 60 different countries are benefiting from
BravoSolution’s technology and service – unlocking tangible benefits such as increased process efficiency, decision support, cost reduction, improved process governance, greater quality relationships with vendors and the ability to share, understand and act upon the wealth of sourcing-related data held within their organization.
BravoSolution has locations in the United Kingdom, Italy, France, Germany, Spain, Benelux, the United States, the
United Arab Emirates, South America, Mexico and China. www.bravosolution.com • twitter.com/bravosolution • www.youtube.com/bravosolutionus
About Basware
Basware provides open, secure, cloud-based purchase-to-pay and e-invoicing solutions to organizations of all sizes, resulting in greater efficiencies in procurement, accounts payable and accounts receivable.
Companies across all industries, from small businesses to corporate giants use Basware solutions to drive sustainable cost savings, proactive insight to cash flows and improved buyer–supplier relationships. The Basware
Commerce Network is founded on the principles of openness, where all types of organization can collaborate and trade, making it the largest in the world. Today we connect millions of business users in 900,000 companies across over 100 countries.
Basware is the global leader in providing solutions for better buying, better selling and connected commerce.
Find out how Basware boosts financial performance and profitability at www.basware.com.
https://twitter.com/basware • www.facebook.com/BaswareCorporation • www.linkedin.com/company/basware
Basware Corporation | Linnoitustie 2 | P.O. Box 97 | FIN-02601 Espoo, Finland | Tel. +358 9 879 171 | Fax +358 209 3410 123
© Copyright 2013
Basware Corporation