IT services vendor Mphasis, an HP company, will embed Basware’s platform and its Commerce Network and provide transaction based e-procurement and invoice automation services to its clients.
Focusing on providing purchase-to-pay and e-invoicing, the service features a plug-and-play model with transaction-based pricing, to maximize efficiencies in the F&A function in enterprises, said Mphasis.
The association between Mphasis and Basware, a solutions provider for better buying, better selling and connected commerce, will enable enterprises to benefit from significant value through the summation across process optimization, platform consolidation, workforce optimization and business insights to its clients.
Mphasis’ trained professionals will deliver the services out of its centers in the U.S., Canada, Poland and India, thereby providing clients the options needed to balance regulatory requirements and cost of operations.
On the other hand, Basware’s commerce network with 1 million buyers and sellers will support Mphasis customers’ exchange of purchase and invoice messages.
As per the deal, Mphasis has selected Basware Alusta Purchase-to-Pay automation solutions as the foundation for the Business Process as a Service offering. In addition to optimizing working capital through automation, Mphasis’s customers will benefit from Basware’s analytics, social collaboration, and mobile solutions to identify improvement opportunities, resolve issues, and allow end-users the freedom to connect from anywhere.
InfotechLead News Team