Tuesday 12th December 2017,
Payables Place

News

Basware’s New Alusta Platform

Basware’s New Alusta Platform

On February 29th, 2012 Basware introduced its new cloud-based platform called Alusta (meaning ‘platform’ in Finnish) to the market. Basware was already one of the major providers of eInvoicing and procure-to-pay (P2P) solutions and with this new highly scalable and flexible cloud-based platform they are likely to cause a stir in the market. This new [...]

March 14, 2012 Vishal News 1

Mobile Capture for AP – It’s Real

Mobile Capture for AP – It’s Real

In January of 2012, Kofax introduced Kofax Mobile Capture. This came approximately a month after Kofax announced a minority investment ($500K) in MobiFlex Inc, a mobile app specialist. Kofax Mobile Capture through the use of apps will allow customers to use the cameras from smart phones and tablets to capture the image of a document. [...]

February 15, 2012 Vishal News 1

Basware Expands Its Open Network with German Acquisition

Basware Expands Its Open Network with German Acquisition

On January 17, 2012, Basware kicked off the New Year by announcing that it had acquired First Businesspost GmbH (“1stbp”)for €12.2 million, which includes assumption of the company’s debt (€ 3.2 million). Before we get into an analysis of the deal, here are some key figures for 1stbp in the year ended 2011: Revenues: €2.4 [...]

February 2, 2012 Vishal News 1

Voulez-Vous eInvoice? Ariba Buys b-process

Voulez-Vous eInvoice? Ariba Buys b-process

Ariba (NASDAQ:ARBA), a cloud-based provider of collaborative commerce solutions, announced the acquisition of b-process in October 2011. The acquisition, for approximately €35 million in cash, allows Ariba to further expand its global footprint for eInvoicing solutions. b-process, a privately-held French company, is an electronic invoicing service provider, which offers certified VAT and regulatory compliant eInvoicing [...]

January 5, 2012 Vishal News 0