Basware Oyj is a Finland-based company that provides cloud-based solutions for businesses. Its solutions are used by organizations to capture financial data from procurement, finance, as well as accounts payable (AP) and accounts receivable (AR) functions. Furthermore, the Company offers touchless e-invoicing capability. The Companyâ€™s operating segment, Purchase-to-Pay, is divided into the following groups: Cloud and Non-cloud. The Cloud group includes sales from Software as a Service (SaaS) and other subscription types, transaction revenue and financing services. The Non-cloud group includes sales from licenses, maintenance and consulting, as well as alliance fees. The Company operates worldwide and has offices in more than 10 countries.