Startin Point Pte Ltd

Basware Invoice Automation
Solution for Financial Invoice Automation

Basware Invoice Automation (IA) uses automatic, business-rule based matching to minimize the need for time-consuming, repetitive invoice-handling tasks and enable efficient management of exceptions. Basware Invoice Automation optimizes process performance in financial departments and business units, enabling your organization to focus on creating added value for your customers.



Built-in best practices enable a high level of automation, as well as compliance with legislative requirements. The solution provides you with full transparency and control throughout the accounts payable process. ’s Invoice Automation solution helps you cut up to 60% from your organization’s invoice processing workload. Consequently, your organization saves money because there is no longer a need to manually check, internally distribute, or locate and archive paper-based invoices. The easy integration of Basware solutions with existing systems yields even greater return on your current ERP investments (ROeI).

Download Fact Sheet »

Invoice Processing
Automate your invoice processing

Basware Invoice Processing is a cutting-edge electronic invoice processing solution that eliminates the need to manually process purchase invoices. This solution supports electronic workflow, revision, cost allocation and approval of invoices as well as transfer to an organization’s ERP or financial system. With its versatile reporting, this solution provides complete access and display for all invoice information, as well as a spend analysis.
The process starts by automatic matching of invoices to purchase orders, contracts or other pre-defined payment schedules. Invoices that do not match will automatically be coded and sent to the right person for review and approval. Basware multi-level workflow makes sure that the invoices are handled according to your company’s policies. Powerful business-rules management can also be used to streamline and develop the invoice handling process.

Key Features:

• Personal archive for your invoices
• Free-form scan and capture with line-item recognition
• Full audit trail
• Versatile reporting and analysis tools
• Seamless integration with over 200 ERP and AP systems
• Implementation as quick as six to eight weeks

Contract Manufacturing
Speed up your contract matching process

Basware Contract Matching automates the processing of periodic or contract-based purchase invoices. Typically the approval workflow and coding of a recurring invoice are identical, which makes them ideal for invoice automation. The system automatically matches the invoice with the contract or payment schedule and transfers the matched invoices directly to the accounts payable system for payment. If the invoice does not match, it is automatically coded and sent to the authorized person for approval.

You can store all your organization’s contracts with relevant coding and payment schedules into the Basware database. The system supports tracking of matched invoices and automatically informs you of any expiring contracts.

Order Matching
Cut your invoice approval workflow

Basware Order Matching automatically matches invoices with approved purchase orders on a header or line-item level. The audit trail and coding are automatically copied to the invoice – no workflow is needed and the invoice can be transferred directly for payment.

Basware uses comprehensive five-way purchase order matching instead of the more traditional three-way matching. During the matching process, Basware Order matching verifies that an approved and appropriately coded purchase order exists, and then ensures that the goods receipt has been made. Five-way matching extends the process to cover the verification of quality inspection and a complete audit trail. Basware Order Matching is also easy to integrate with any ERP or purchasing system.

Ascent Xtrata Pro for Basware
Scan and capture your invoices with greater accuracy and efficiency

Ascent Xtrata Pro for Basware is a single platform that enables automated data capture of invoices. The solution uses a combination of different technical approaches, including freeform recognition with up to 80% initial accuracy, and a learn-by-example non-template approach. Easy to use and flexible, Ascent Xtrata Pro for Basware can be optimized by non-IT specialists, and tailored through template design to handle exceptions for important suppliers.

With flexible freeform recognition, Ascent Xtrata Pro for Basware is far better at capturing line-item level data than template-based technologies. Freeform recognition also uses artificial intelligence to handle minor differences or deviations in the received invoice. Through its learn-by-example capability, the solution continuously improves matching accuracy.

The solution includes learn-by-example technology for classification and extraction, making it easier to maintain and extend than solutions built with templates and rules. With powerful statistical reporting and visual aids, results can be viewed instantly, enabling you to rapidly identify process bottlenecks.

Value Added Modules

Travel & Expense Management
Streamline your travel and expense management processes

Basware Travel & Expense Management (TEM) is a versatile solution that automates your travel planning and expense reimbursement processes, improving payroll accuracy and reducing reimbursement time. The software enables reporting, analysis, and direct integration with accountants, banks, and credit card companies to give you greater control over business travel expenses.

With Basware Travel & Expense Management, organizations can reduce the time and cost of expense reimbursement processing by two thirds. International organizations, which typically spend 20 % of total indirect purchasing on business travel, can therefore realize dramatic savings.

KPI Reporting Tool
Analyze and continually improve your purchase-to-pay process

Basware KPI Reporting Tool analyzes your organization’s key data, identifies possible bottlenecks, and enables you to find root causes for ineffective performance in your purchase-to-pay-process. Ultimately, it provides you with the necessary information to optimize your organization’s overall performance and achieve your strategic goals.

Transparent, intensive analysis on your business data, combined with seamless, straightforward integration with Basware solutions, provides you with the means to drive real improvements in quality, productivity, and customer service.

Basware KPI Reporting Tool, with automatic data import, helps your organization to establish a continuous cycle on improvement – plan, implement, check, and act.

Mobile Client
Stay in control of your purchase requisitions and invoices on the move

Basware Mobile Client allows you to control your enterprise’s purchase to pay process via smart phones and mobile devices. You can use Basware Mobile Client to handle requisitions from Basware Purchase Management (PM) and invoices from Basware Invoice Processing (IP). You can work offline when connectivity is unavailable, and then update all changes over a secure, encrypted SSL link.

Round-the-clock mobile assess ensures that no task has to be left waiting in your organization’s system, even when key people are away from the office. Be in control – any time, anywhere!

Document Archiving
Achieve compliance, cost savings, and organizational efficiency

The typical organization produces large quantities of various types of documents – financial documents, contracts, invoices, and requisitions to name but a few. In addition to ease of access, mandatory compliance and regulatory issues are the largest motivating factors driving adoption of document archiving solutions.

A document archiving system must deliver compliance and control, but efficiency is where Basware Document Archiving delivers its return on investment. Reducing the time and effort required to manually archive and retrieve documentation delivers instant savings across the organization.

Basware Document Archiving is light, focused archiving solution that is quick to implement and extremely easy to use.