CFOtech Australia - Technology news for CFOs & financial decision-makers

Basware stories

Businesspeople concerned malfunctioning robots losing money ai errors

Forrester predicts AI errors to cost B2B firms over USD $10 billion

Last week
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Forrester warns that AI errors could cost B2B firms over USD $10 billion by 2026 due to unregulated tool use, while influencer spending and AI negotiation rise.
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Basware acquires UK's AP Matching to optimise invoice processing

Tue, 14th May 2024
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AP automation firm Basware acquires UK-based AP Matching, integrating accurate financial data and automated reconciliation to improve invoice processing and boost cost savings for clients.
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Basware unveils AI-powered solution to combat invoice fraud

Thu, 25th Apr 2024
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Basware has launched an AI-based solution, AP Protect, aimed at helping companies shield from invoice fraud and errors.
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Financial institutions increasingly deploy AI in fight against fraud

Tue, 2nd Apr 2024
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Amid growing fraud concerns, a study reveals 70% of financial institutions are turning to AI and machine learning to bolster defenses, marking a notable shift towards tech innovation.
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Basware boosts innovation with key AI & CIO appointments

Fri, 1st Mar 2024
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Basware, the global fintech, has boosted its AI and digital transformation drive, with key appointments of Anssi Ruokonen as Director of AI Research and Barrett Schiwitz as CIO.
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Basware unveils global expansion plans after bookings surge by 52%

Thu, 22nd Feb 2024
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Following a 52% surge in bookings, global AP automation leader Basware reveals expansive growth strategy, with a firm focus on AI innovation, customer growth, and fraud prevention.
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Finance leaders anticipate more scrutiny, focus on automation for 2024

Wed, 31st Jan 2024
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A Forrester and Basware study reveals 80% of CFOs anticipate increased regulatory scrutiny in 2024, with talent retention, cost optimisation and automation also key concerns.
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Tech leaders debate AI expansion at Parliamentary Summit

Tue, 30th Jan 2024
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UK tech leaders debate challenges and potential benefits of widespread AI deployment in UK businesses at Parliament Street Artificial Intelligence Summit.
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Global economy faces uncertainty amid AI disruption, survey reveals

Tue, 16th Jan 2024
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Survey ahead of World Economic Forum reveals geopolitical turmoil, financing conditions and AI disruption are set to create a year of global economic unpredictability.
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Basware launches Catalogues

Tue, 14th Jun 2011
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Basware introduces Catalogues, a new service boosting global trade opportunities for organisations by enhancing supplier visibility and control.
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Basware goes InvoiceReady

Tue, 26th Oct 2010
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Basware is launching InvoiceReady, a new eInvoicing service for SMEs, promising to automate and simplify invoice and expense processing from receipt to payment.
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Basware to open New Zealand office - four new partners wanted

Fri, 17th Sep 2010
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Basware plans to establish a New Zealand office, seeking four partners to enhance its growing presence and offer electronic invoicing services in the market.