Basware Oyj develops and provides cloud-based software solutions for accounts payable automation, procure-to-pay processes, e-invoicing networks and invoice lifecycle management; its core offerings include the Intelligent Invoice Lifecycle Management platform powered by AI trained on over 2.2 billion invoices, AP automation with scan and capture capabilities, statement reconciliation, e-invoicing compliance engines, purchase management tools, supplier collaboration networks connecting 20 million buyers and suppliers, and managed services for invoice processing and ERP integration such as with SAP S/4HANA. The company serves over 6,500 customers globally including DHL, Heineken and Sony, processing more than 230 million invoices and $10 trillion in spend annually across 190 countries, with primary operations in Northern Europe and the United States. Founded in 1985 and headquartered in Espoo, Finland, Basware Oyj went private following a 2022 acquisition by investors including Accel-KKR, Long Path Partners and Briarwood Capital Partners; recent developments include the May 2024 acquisition of AP Matching to enhance statement reconciliation and managed services, the October 2023 acquisition of Glantus for invoice analysis and fraud prevention, a 52% bookings growth in 2023 driving major global expansion and partner ecosystem development, and a November 2025 €50 million investment from Bregal Milestone to accelerate growth, product innovation and geographic presence.