Will Trade Financing Allow Basware to Achieve Its Lofty Goals? [PRO]

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In this Spend Matters PRO article, we explore what the Basware Commerce Network delivers, going beyond improving the e-invoicing and procure-to-pay process alone. Basware is making some major bets on supply chain finance (definitionally speaking in our vernacular: trade financing) as the centerpiece of its future network value proposition. But will Basware succeed where Ariba and SAP to date have not yet driven financing liquidity outside of the occasional transaction in which early payment is affected? It’s a tricky question to answer, but Basware is throwing multiple irons into the financing, payments and working capital fire.

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