Home Business News Basware launches maturity services to help customers develop source-to-pay processes

Basware launches maturity services to help customers develop source-to-pay processes

by Peter Smyth Tech Journalist
10th Apr 19 1:41 pm

Basware the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, recently introduced Maturity Services, a new assessment tool for Basware customers. Maturity Services helps organizations assess, develop and refine their source-to-pay processes to benchmark, and then achieve, best-in-class source-to-pay with Basware.

Andrew Dos Santos, business consulting practice Lead for Basware said, “What we often see is that organizations struggle to see where they stand compared to others in the implementation of automated processes. With Maturity Services we can help them not only understand where they are in their journey but also how they stack up against the current standard. Once they have a clear idea of key outcomes they want to achieve, Basware helps them strategize and agree on the concrete steps needed to reach them,”

At the core of Maturity Services lies the maturity assessment tool, an online role-based survey that provides the customer with an understanding of their organization’s maturity across seven areas that include Procurement, Accounts Payment and Organization and Governance. It also gives a more detailed analysis of a specific area of customer’s interest, allowing focused development plans to be created and then actioned with further support offered through Basware coaching services.

Santos said, “We’ve designed the assessment to be sent to multiple functional owners and stakeholders in the customer organization. This allows us to capture various perspectives and share our expertise to help evolve operations and leverage our solutions to their fullest potential.

Ryan Martens, director of accounts payable of Mohawk Medbuy said, “I honestly can’t imagine doing this work without the Basware Advisory team.

“Basware is up to date on best practices, so get the team in early and often. We continue to work on improvements thanks to the roadmap/Maturity Action Plan. It shows us that even better outcomes are available and achievable.”

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