Invoice Automation news and trends

Basware Appoints Interim CEO Jason Kurtz to Permanent Role
Personnel // August 22, 2023

Basware has appointed Jason Kurtz, who has served as interim CEO since the start of 2023, as its permanent CEO. Kurtz has over two decades of experience in B2B enterprise Software-as-a-Service (SaaS) and a successful track record in managing global organizations that will be applied...

Genesis Bidco Aims to Acquire Fraud Prevention Firm Glantus
Acquisitions // August 14, 2023

Basware subsidiary Genesis Bidco Limited has announced its intention to purchase the entire share capital of Glantus Holdings PLC, a provider of specialist audit recovery and fraud prevention software. In response, the Glantus board has unanimously endorsed the acquisition, the companies said in a Monday (Aug. 14) press...

Robotic Process Automation Tech Firm UiPath Notches $225M
B2B Payments // July 13, 2020

As it looks to develop its hyperautomation technology, robotic process automation (RPA) company UiPath has notched $225 million in an Alkeon Capital Management-led Series E investment round at a $10.2 billion post-money valuation. Sequoia Capital, Coatue and Accel were among the other firms participating in the round,...

American Express, SAP Team Up For Invoice Automation
Partnerships / Acquisitions // July 08, 2020

American Express (NYSE:AXP) and SAP Concur announced on Wednesday (July 8) two new offerings integrating services, the latest in a long series of collaborations between the companies. Both offerings, American Express said in its announcement, will “help businesses streamline and automate their invoicing and expense...

Quick Reads
Unimarket Adds Invoice Automation and Processing Capabilities

February 07, 2024
Unimarket has launched the “Virtual Mailroom,” a product that automates and simplifies the processing of invoices, whether they are electronic, PDF or paper. The Virtual Mailroom digitizes supplier invoices of all formats and enables customers to process them at a low fixed cost within 48 hours, the provider of spend management and procurement solutions said in […]

Basware Appoints Interim CEO Jason Kurtz to Permanent Role

August 22, 2023
Basware has appointed Jason Kurtz, who has served as interim CEO since the start of 2023, as its permanent CEO. Kurtz has over two decades of experience in B2B enterprise...

Genesis Bidco Aims to Acquire Fraud Prevention Firm Glantus

August 14, 2023
Basware subsidiary Genesis Bidco Limited has announced its intention to purchase the entire share capital of Glantus Holdings PLC, a provider of specialist audit recovery and fraud prevention software. In response, the...

American Express, SAP Team Up For Invoice Automation

July 08, 2020
American Express (NYSE:AXP) and SAP Concur announced on Wednesday (July 8) two new offerings integrating services, the latest in a long series of collaborations between the companies. Both offerings, American...