Force 4
Global Scale: Rise of Open Networks
Open invoice networks are intelligent ecosystems where buyers, suppliers, and tax authorities connect seamlessly. Translation? You replace the hassle of managing suppliers across dozens of different portals with real-time data exchange that powers automation and gets you closer to autonomous AP.
Today’s networks
Enterprises connect buyers, suppliers, and tax authorities through structured e-Invoicing networks to ensure compliance and data integrity.
Tomorrow’s networks
Global invoice networks evolve into intelligent, self-optimizing ecosystems that scale across borders, formats, and tax regimes. Seamless onboarding, real-time data exchange, and intuitive experiences make compliance and collaboration feel frictionless.
The network effect
These networks are growing because their value multiplies.
When suppliers onboard easily and get paid on time, relationships strengthen while supply chain risks drop. These advantages compound as every new supplier makes the ecosystem more powerful. And scale matters as there are US$150 trillion in cross-border transactions annually.
It’s like the tipping point of any digital marketplace. One seller isn't ideal. One thousand sellers is a marketplace. One million is an economy. That network effect is already happening in AP as these networks gain traction.
Total cross-border transactions every year
Where 1.2 million organizations already connect
Basware doesn't just talk about open networks. We have built one of the largest of 1.2 million organizations and counting. It's how we know networks work. Not in theory, in practice, and across borders, formats, and tax regimes.
When you connect to the Basware Network, you're joining an ecosystem that's already proving the power of the network effect.
