Press release

Basware Expands Customer Base in Entertainment Sector

Sponsored by Businesswire

(Nasdaq: BAS1V)
, the global leader in networked source-to-pay
solutions, e-invoicing and innovative financing services, has signed a
deal with a new customer in the entertainment industry, a sector where
Basware is a popular solution. With a global presence, the customer will
implement the Basware purchase-to-pay (P2P) solution in close to 50

Basware earns accolades for being a pioneer in the open
business-to-business (B2B) network approach and offering one of the most
extensive, global e-invoicing networks. These capabilities allow the
company to transform the P2P operations of businesses of all size and
types, locally and internationally, with ease.

“As is the case with many of our customers that have operations across
the world, our new customer needed a flexible, compliant, sophisticated
global P2P solution,” stated Sami Peltonen, VP, Product and Business
Management North America for Basware. “In this case, that meant
technology that could support end users who speak multiple languages and
could integrate with other technologies. Making it easy to spend
smarter, regardless of process complexities or business size, is exactly
what we do.”

Basware offers the largest open business network in the world and is the
global leader in providing networked purchase-to-pay solutions,
e-invoicing and innovative financing services. Our technology empowers
organizations with 100% spend visibility by enabling the capture of all
financial data across procurement, finance, accounts payable and
accounts receivable functions. Basware is a global company doing
business in more than 100 countries and is traded on the Helsinki
exchange (BAS1V: HE).