Basware solutions have greatly improved the accuracy and speed of our AP process. Today, we are achieving automated matching rates of up to 97% on electronic invoices.
The new solution received warm welcome. By eliminating paper, many errors are avoided, and invoice validation has become easy and therefore quick.
We have increased the level of automation and seen a dramatic decrease in processing errors thanks to the automatic matching of invoices using automated rules.
The statistics from the Basware dashboard allow me to follow up very closely. We have been able to save 48% on our postal cost. That has proven the business case.
It’s early days but we’ve quickly been able to achieve 65% end to end ‘touchless’ automatic matching in North America. This significantly reduces paper processing and enhances our internal controls over a large portion of our spend.