Basware Corporation is a Finnish software company selling enterprise software for financial processes, purchase to pay and financial management; main competitors in this arena include Coupa, Ariba, Tungsten Network and iPayables. Basware’s products are packaged composite applications (PCA) that are intended to interact with and complement the functionalities of existing systems, such as enterprise resource planning (ERP) systems, used across the organization to support daily processes. The company’s software can also be implemented as a software as a service (SaaS) delivery. These technologies are known as Cloud-Invoicing and guarantee a barrier-free exchange of structured documents. Basware claims that Cloud Invoicing will reform the whole way of business-to-business interoperability. The company has operations across over 50 countries on six continents. Basware’s markets include Nordic countries, Europe, Russia, North America and Asia Pacific. The company has its own subsidiaries in Scandinavia, Western Europe and the United States. Additionally, Basware has over 70 value added resellers in Europe.