Wednesday 18th March, 2015

Basware has announced that it's joined the UK government’s G-Cloud Digital Marketplace. The company’s presence on the G-Cloud 6 framework will help make it easier for public sector bodies to procure Basware solutions.

Public sector organisations in the UK process millions of payments each year, representing a significant allocation of public resources. Basware’s cloud-based financial solutions will help enable government bodies to operate more efficiently by automating the accounts payable process, freeing up time and money that can be invested in frontline services.

"A recent parliamentary inquiry found that e-invoicing could save the public sector and its suppliers at least £2 billion per year. These savings could then be fed directly back into the economy, to protect frontline jobs and improve services." says Stephen Carter, Head of e-invoicing Centre of Excellence at Basware.

Established in 2012, the G-Cloud was set up to allow government organisations to procure cloud services without having to resort to a full-length tender process. Software providers offer their services at a designated price point, and public sector bodies can only purchase the specific service that is outlined in the service description, at the specific price displayed. This provides a degree of certainty for both parties in a centralised marketplace that is tightly regulated.