Spend dashboard
The orders made and the subsequent invoices received and processed can be visualized with dashboarding. Based on this, KPIs can be defined that provide guidance to improve various sub-processes in the purchase-to-pay process.
Have you put 90% of invoices into approval circulation within two days of receipt? With Basware Analytics, you have instant visibility of this.
Supplier performance
In addition to insight into its own performance, Basware Analytics also provides insight into supplier performance. Information on lead time, order fulfillment and delivery quality are provided.
Order and invoice information can be broken down by suppliers, departments and orders, within and outside the contract. The analytics allow you to understand how supplier invoices contribute to inefficient processing in accounts payable due to missing data.This information can be factored into the source to contract process.
Carbon Footprint Index
By adopting electronic invoicing, companies can not only reduce paper use within the organization, but also enhance their green reputation by reducing carbon emissions.
With Basware's Carbon Footprint Index for invoices, users can view carbon emissions per invoice and compare the index to similar companies.
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