Basware, the leading provider of e-invoicing and purchase-to-pay solutions, today announced that it has closed a reseller agreement with Cintas Document Management. Cintas provides highly specialized services to businesses of all types primarily throughout North America. According to the agreement Cintas will sell Basware Purchase to Pay (P2P) / Accounts Payable Automation services as an addition to its current service offering. In addition, Cintas Document Management has been recently certified by Basware as an Imaging Service Bureau provider to handle the conversion of paper invoices to digital.
"Basware has identified its key markets offering significant upside potential for the company in terms of market share and transaction volume," said Esa Tihilä, CEO Basware Corporation. "This agreement with Cintas forms a strategic relationship, opening up unique access to the small and mid-market in North America where the adoption is rapidly increasing. Cintas can in turn rely on our proven, world-class solutions and our corporate scope and resources to make the joint initiative successful."
"The relationship with Basware allows Cintas to provide a better customer experience by offering services to enhance the P2P process," said Karen Carnahan, President & Chief Operating Officer, Cintas Document Management. "Basware´s services are an important addition and we look forward to this continued alliance," she added.
About Cintas Corporation
Headquartered in Cincinnati, Cintas Corporation provides highly specialized services to businesses of all types primarily throughout North America. Cintas designs, manufactures and implements corporate identity uniform programs, and provides entrance mats, restroom cleaning and supplies, tile and carpet cleaning, promotional products, first aid, safety, fire protection products and services and document management services for more than 1 million businesses. Cintas is a publicly held company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of the Standard & Poor´s 500 Index.
About Basware
Basware is the global leader in cloud based e-invoicing and purchase-to-pay solutions with more than 1,000,000 users in over 60 countries. Basware´s B2B Cloud solutions and services provide an open, secure and global ecosystem for buyer and supplier collaboration, connecting more than 1.9 million buyers and suppliers globally. The solutions are architected to meet the needs of SMEs and global enterprises and are built upon Basware´s deep knowledge and experience of B2B financial processes, coupled with intelligent cloud connectivity and the Open Network. With Basware, organizations benefit from more efficient procurement, accounts payable and accounts receivable processes, sustainable cost savings, better insight to cash flows and improved buyer-supplier relationships. The solutions are available via the cloud, on-premise or through business process outsourcing in Europe, the U.S, and Asia-Pacific through an extensive network of Basware offices and business partners. The company´s U.S. business, Basware, Inc., is headquartered in Stamford, Conn. More information can be found at www.basware.com.
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