Through e-invoicing and AP automation, NBCUniversal will be able to dramatically increase accuracy and compliance, while uncovering discounts and other opportunities for savings.
Guildford, UK (PRWEB UK) 20 May 2013
Basware, the leading provider of e-invoicing and purchase-to-pay solutions, today announced that NBCUniversal Media, LLC, a major media and entertainment company, has selected Basware Accounts Payable Automation and Basware e-invoicing delivered across the Basware Commerce Network for connecting and transacting with suppliers, and automating the invoicing process. These solutions, which will be implemented in the U.S. and other regions globally, will enable NBCUniversal to conduct e-invoicing, gain visibility and control over invoices, and improve relationships with suppliers.
Basware Accounts Payable Automation will be implemented via Software as a Service (SaaS) on Basware’s Alusta, a cloud-based platform for purchase to pay. Additionally, NBCUniversal will implement Scan & Capture and Basware e-Invoicing over the Basware Commerce Network.
“We are pleased to help such a prestigious media company gain critical visibility and control over its key finance processes,” said Mike Cassano, VP, Basware North America. “Through e-invoicing and AP automation, NBCUniversal will be able to dramatically increase accuracy and compliance, while uncovering discounts and other opportunities for savings. This will result in greater efficiencies, costs savings and improved communication with suppliers.”
The Basware Commerce Network is founded on the principles of openness to encourage all types of organizations to collaborate and trade, and the number of active buyers and suppliers trading in the network is now more than 900,000. Seamless connections with more than 160 international e-invoicing platforms make it the largest inter-operator network in the world, with buyers and suppliers exchanging e-orders and e-invoices.
NBCUniversal is one of the world’s leading media and entertainment companies in the development, production, and marketing of entertainment, news, and information to a global audience. NBCUniversal owns and operates a valuable portfolio of news and entertainment television networks, a premier motion picture company, significant television production operations, a leading television stations group, world-renowned theme parks, and a suite of leading Internet-based businesses. NBCUniversal is owned by Comcast Corporation.
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 organizations 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 http://www.basware.co.uk