Mphasis has announced partnership with Basware Corporation to provide F&A Business Process Services spanning purchase-to-pay and e-invoicing. Mphasis will embed Basware’s platform and its Commerce Network within its own portfolio and provide transaction-based e-procurement and invoice automation services to its clients around the world. Basware is the global leader in providing solutions for better buying, better selling and connected commerce.
Through the partnership, Mphasis will offer a true and comprehensive “Business Process-as-a-Service”, which organizations can adopt irrespective of the financial systems they are on. This integrated “platform plus services” has the potential to offer significant value through the summation across process optimization, platform consolidation, workforce optimization and business insights to its clients. Mphasis’ trained professionals will deliver the services out of its centers in the U.S., Canada, Poland and India, thereby providing clients the options needed to balance regulatory requirements and cost of operations.
"Our partnership with Basware enables Mphasis to rapidly introduce true BPaaS services in the field of Procure-to-Pay and invoice automation to the market," said Anurag Bhatia, SVP & Head of BPO, Mphasis. "This is an ideal solution for business leaders to improve the efficiency and effectiveness of their finance operations. The solution delivers a platform-through-services that drives significant business improvement - while being extremely easy to adopt with near minimal upfront investments."
The service features an easy-to-use plug-and-play model with transaction-based pricing, to maximize efficiencies in the F&A function in organizations.
