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Strangers No More – How Procurement and Finance Can Thrive in a Downturn
Procurement and finance – the Odd Couple no more ,[object Object],[object Object],[object Object],[object Object],Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
“ Your supplier’s LC is locked away and safe”  Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
“ It’s a little too late for a gold standard …” Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
“ Don’t worry about your supplier’s credit lines — they’re safe with us”  Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
“ A run on the bank”  2007 2008 Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
“ We’re using the new Federal money we’ve taken for a small renovation project” Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
The case for visibility into suppliers’ financial health:  “ We’ve found a new lender to sell our receivables to”  Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
“ Our investment bankers tell us not to worry”  Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
“ Sure … we can underwrite that”  Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
“ I hear that Chapter 11 is better than 7” Chapter 7 Chapter 11 Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
And let’s not forget other reasons why procurement and finance are being forced together by necessity  “ Fair Trade” not “Free Trade” Failed stimulus policies (e.g., automotive incentives in US vs. China)  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
Upstream vs. downstream P2P – a few lessons learned  from the trenches  ,[object Object],[object Object],[object Object],[object Object],Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
Basware Enterprise Purchase to Pay Solutions
Basware in Brief ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Basware has more than 1,500 large customers
Basware EPP Solutions Basware Connectivity Customer Legacy Systems e.g. Financial  Systems, ERP Procurement Invoice Automation KPI Measurement and Continuous Improvement Supplier Catalog Exchange Purchase message  Exchange Scan and capture E-invoice Exchange
Why Basware? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
For more information jointheconversation.basware.com/en

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How Procurement and Finance Can Thrive in a Downturn - Webinar Presentation

  • 1. Strangers No More – How Procurement and Finance Can Thrive in a Downturn
  • 2.
  • 3. “ Your supplier’s LC is locked away and safe” Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
  • 4. “ It’s a little too late for a gold standard …” Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
  • 5. “ Don’t worry about your supplier’s credit lines — they’re safe with us” Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
  • 6. “ A run on the bank” 2007 2008 Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
  • 7. “ We’re using the new Federal money we’ve taken for a small renovation project” Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
  • 8. The case for visibility into suppliers’ financial health: “ We’ve found a new lender to sell our receivables to” Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
  • 9. “ Our investment bankers tell us not to worry” Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
  • 10. “ Sure … we can underwrite that” Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
  • 11. “ I hear that Chapter 11 is better than 7” Chapter 7 Chapter 11 Copyright © Spend Matters, LP and Azul Partners, Inc. – Not for distribution
  • 12.
  • 13.
  • 14. Basware Enterprise Purchase to Pay Solutions
  • 15.
  • 16. Basware has more than 1,500 large customers
  • 17. Basware EPP Solutions Basware Connectivity Customer Legacy Systems e.g. Financial Systems, ERP Procurement Invoice Automation KPI Measurement and Continuous Improvement Supplier Catalog Exchange Purchase message Exchange Scan and capture E-invoice Exchange
  • 18.
  • 19. For more information jointheconversation.basware.com/en