Basware, a global leader in invoice lifecycle management, is strengthening its compliance capabilities for SAP customers by making its e-invoicing and tax compliance solutions available on SAP Store—helping organizations modernize their ERP while keeping up with global e-invoicing and tax requirements.
Basware Invoice Lifecycle Management became available on SAP Store earlier this year, and Basware has seen a 3X increase in demand from SAP customers as they look to complement their ERP strategies, the company said.
Basware's SAP-certified connector already plugs directly into the SAP Cloud ERP ecosystem without custom integrations. The addition of Basware Compliance extends the same clean core approach to compliance.
"Modernization and compliance are often treated as competing initiatives, and that's a mistake," said Jon Stevens, SVP, business development and alliances, Basware. "Organizations that build both into their finance processes and tackle them together can move faster, reduce risk, and create a stronger foundation for AI-driven finance."
As global invoicing and tax regulations continue to evolve, compliance isn't a single checkpoint, it needs to be embedded throughout the invoice journey from the moment data enters an ERP system through to final payment.
Basware's compliance capabilities for accounts payable enable compliant e-invoicing in more than190 countries, covering 60-plus mandates, including France, where customers are already live ahead of the September deadline. Basware is now preparing for upcoming e-invoicing mandates in Germany, ensuring SAP customers have a clear path to compliance ahead of regulatory deadlines, the company said.
For more information about this news, visit www.basware.com.