1. Meet Basware
June 2010

2. Basware in Brief
• The global leader in purchase-to-pay
automation
• Develops software for procurement and
financial process automation
• More than 1,000,000 software users in
over 1,500 large organizations
• Services through a network of more than
ten own offices in Europe, Asia and the
US
• Business partners in over 30 countries
• Founded in 1985, publicly listed
• Net sales EUR 93 million in 2009
• 808 employees at end of Q1 2010

3. Business environment trends
Customers Competitors & market
• CIO role changing from IT to business support • Mix of market maturity
• Purchase-to-pay and savings driving • Growing market driven by specialists.
the RFP’s Replacement investments in procurement
• Changing software deployment models starting (10 years life cycle)
• Supplier-buyer networks high in “hype” • Consolidation of vendors, large ERP
• From in-house scanning to outsourced players entering the market, acquisitions
Technology Legislation Economy
• Next generation web • Strengthening of corporate • Market turn is around the
applications governance requirements corner
• From fixed processes to • EU level e-business • Savings on the agenda
business rules driven acceleration of enterprises
automation
• Cloud computing

4. Basware supporting the customer journey
Reducing the purchase cost by 3%
Remove manual errors
has the same effect as*
Increase turnover by Large global consulting
(Automated discrepancy)
• 52% in trade industry company identified annual Fully electronic financial
• 60% in food industry or savings of $2.5M
process – no more paper
• 43% in mechanical engineering through PM automation &
reviewing spend
with 100% e-invoicing now
*Dr. Robert Fieten, BME, 2009
Increased efficiency with >90%
automated invoice matching
Recommendation to Scan & capture service to enable
outsource scanning to
accelerate einvoicing shift into e-invoicing.
Can we automate tendering?
Starting point - contract
archives / Excel sheets Where are we spending money?
/ paper
Are we buying against valid contracts ?
How is it purchased?
What have we purchased?
How much have we purchased and from whom?
Year 1 Year 2 Year 3 Year 4 Year 5

5. Basware Enterprise Purchase to Pay Solutions
Basware Connectivity
Basware Procurement Basware Invoice Automation
Basware RFx Basware Basware
Management Contract Lifecycle Contract Matching
Management Basware
Invoice
Processing
Basware
Basware Purchase Management
Order Matching
Basware KPI Tool
Basware Travel & Expense Management
Basware Document Archiving

6. Basware Financial Management Solutions
Basware Business Planning Basware Group Consolidation
Basware Group
Basware Business Planning
Consolidation
Basware Basware
Basware Analyzer Basware
Transparent IFRS / Public Sector
Cash Flow
Reporting Package
Basware
Invoice Processing

7. Strong Global Presence
Germany and UK Finland, Russia and Scandinavia
Global Alliances on strategic • Headquarters in Finland,
position Scandinavian organization with
subsidiaries in Sweden, Denmark, Norway
• Expansion started to Russia.
• Mainly direct operations (excl. Russia)
• Whole product range in distribution
• Pilot area for new products
North America as the • Sustaining growth, high profitability
strategic market
Europe
Middle East, India,
• Subsidiaries in Germany, the UK,
the Netherlands and France China and Japan
• Southern Europe on mid term on radar screen
• Focus remaining on direct and indirect
North America • High growth
• Ofiices in Stamford, Boston and • Continuing profitability
Chicago • Multiple channel partners in each market APAC business
• Direct sales as main revenue
Asia Pacific emerging in Australia
source in the short term
• Subsidiary in Australia, branch in Singaporeand R&D in India.
• Channel network and co-marketing
efforts with a few business partners • Operations in Australia (mainly direct) and Asia
• Strong growth with additional focus (mainly indirect)
areas (Connectivity, Federal • Emerging market
market, low-mid size segment) • Profitability in the short term
• Profitability in the short term • Competence center expansion in India

8. International Operations & Reseller Channel
• International operations’ share of net sales 54% in Q1 2010
• Resellers share of product sales 10 percent in 2009

9. Basware Technology Partners
• Basware has been partnering with SAP since 2001
• Basware Enterprise Purchase to Pay solutions can easily be integrated with
different SAP ERP systems
• Basware is a Microsoft's highest level Gold Certified Partner
• Product development moving to MS .NET architecture
• Basware is an Oracle Certified Partner
• Basware Enterprise Purchase to Pay solutions integrate seamlessly with all
Oracle ERP systems
• Basware Invoice Automation solutions integrate seamlessly with Content
Management Platform of EMC/Documentum
• Basware partners with Kofax and resells the Kofax Capture for Basware capture
solution enabling line item recognition
• Basware is a Technology Partner in the Citrix Global Alliance Partner Program.
Cooperation with Citrix enables Basware to deliver its leading Enterprise Purchase
to Pay solution to a leading desktop and application virtualization platform
• Basware partners with Transcepta, a provider of on-demand electronic invoicing
and Electronic Invoice Presentment and Payment (EIPP) solutions for businesses
of all sizes.

10. Basware has more than 1,500 large customers

11. Thank you!
www.basware.com