[June 14, 2011] Basware launches catalog service available through open network Tweet Jun 14, 2011 (Datamonitor via COMTEX) -- Basware, a provider of purchase-to-pay solutions, has launched Basware Catalogs, offering businesses a complete package of catalog services that enables improved engagement between buyers and suppliers through the Basware Open Network. Suppliers benefit from the ability to create customer-specific catalogs that can be maintained easily, thus improving the service they provide to customers. Combined with the Basware Open Network, Basware Catalogs allows organizations to start trading with more suppliers. Basware Catalogs provides buyers with access to accurate, relevant catalog content and the Open Network allows purchasing organizations to receive catalogs from any supplier globally, extending the number of suppliers a business can trade with. Along with improved catalog content, businesses are more likely to see reduced maverick buying, enhancing contract compliance and spend control. Basware Catalogs is a packaged offering including: a buyer/supplier tool, professional supplier activation services and the benefit of joining a trading network. Businesses also benefit from Basware's expertise in activating and enabling suppliers to use the catalog tools, allowing organizations to extend the use of catalog-based purchasing as well as to start issuing and receiving purchase orders and invoices electronically. Basware Catalogs enables purchasing organizations to promote buying from preferred vendors at contracted prices and it allows purchasing staff to focus on catalog content, removing the need to deal with technical catalog problems. Esa Tihila, Senior vice president, Basware comments: "Visibility of spend is a priority for any organization and buyers want to take advantage of preferred supplier relationships to maximize the value they can save on purchases. By implementing a complete catalog service offering it gives businesses greater control of budgets, reducing maverick spend across the organization. From a supplier perspective, it improves the ability to sell to customers and helps to reinforce long lasting customer relationships. "It also eases the ability to manage catalog content, reducing the time spent on manually updating this information. What makes our approach unique is how we combine this functionality and the level of service with our Open Network, irrespective of the country of origin or the legacy technology, giving businesses the chance to trade with thousands of suppliers worldwide." http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon [ Back To TMCnet.com's Homepage ]