E-invoicing and purchase-to-pay software vendor Basware has unveiled a visual analytics and reporting suite, Basware Analytics, to help users improve cost management through better data visualization.
The suite offers deep analysis and insight across available Purchase-to-Pay (P2P) information, including transactional data across invoicing, invoicing, procurement, accounts payable and their trade network data, to help businesses make smarter decisions.
“Companies of all sizes need to closely manage and understand their costs and financial strategies to ride out fluctuations in the economy,” said Esa Tihilä, CEO of Basware, in a statement. “Basware Analytics gives employees at every level accurate, up-to-date insight into the financial transactions and interactions that define the movement of cash in their businesses. Additionally, Basware Analytics processes spend, invoice and procurement data to give financial teams the insight that they need to make better decisions. With this data, organizations can strengthen their long-term financial performance.”
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Basware Analytics includes customizable dashboards tailored to specific job functions, including CFO / CPO Spend Visibility, CFO / CPO Vendor Analysis, FSSC / AP Manager Process Metrics and Business Managers Tracking.
The solution is also accessible on mobile devices, such as tablets. It operates on Basware’s Alusta platform and will be available in the next release in June.