Fintech PR
Basware Named a Leader in Inaugural Gartner Magic Quadrant for Accounts Payable Applications
To Basware, recognition underscores expertise in AI-driven finance with Invoice Lifecycle Management powered by 40 years of innovation
HELSINKI and CHARLOTTE, N.C., March 24, 2025 /PRNewswire/ — Basware, the global leader in Invoice Lifecycle Management, has been named a Leader in the first Gartner® Magic Quadrant™ for Accounts Payable Applications. For Basware, this exemplifies its commitment to continuous innovation for the office of the CFO – delivering an end-to-end invoice lifecycle solution that spans from network and invoice ingestion to statement reconciliation and recovery services.
As the Accounts Payable (AP) automation market is set to grow at a 12.8% CAGR through 2030, businesses are under increasing pressure to embrace digital transformation and AI, while e-invoicing compliance mandates, sophisticated fraud threats, and the shift to cloud-based ERP systems are reshaping finance operations. These pressures are compounded by squeezed budgets, making efficiency and automation critical for financial resilience. Basware empowers organizations to address these challenges head-on.
Redefining AI-driven, end-to-end Invoice Lifecycle Management, Basware is powered by the largest, open e-invoicing network and unmatched data insights, strengthening the most complex financial operations worldwide. This is done through intelligent automation, stemming from Basware’s ability to handle all invoices, everywhere in any format, along with offering full compliance and complete control of the entire invoice lifecycle process.
Unlike any other market solutions, Basware provides full visibility and a single source of truth across all invoices on its platform. The result is lower operating costs, compliance and fraud protection, optimized working capital, talent development and retention, and better decision making.
More than 6,500 customers across the globe including DHL, Heineken, and Sony have selected Basware’s Invoice Lifecycle Management to streamline invoice processing, enhance compliance, reduce costs, and gain full visibility and control over their operations. Collectively, customers have processed more than 2 billion invoices totaling more than $10 trillion in invoice spend through Basware, leveraging its automation and AI-driven insights to drive efficiency.
Jason Kurtz, CEO at Basware, commented:
Basware is redefining how finance teams operate – eliminating inefficiencies, ensuring compliance, and delivering AI-driven insights so CFOs can make smarter, faster, strategic decisions. We believe that being named a Leader in the first Gartner Magic Quadrant for Accounts Payable Applications is a testament to our relentless commitment to driving value in AP automation. After 40 years of innovation, we’re still leading the charge to make the invoice lifecycle process 100% touchless, 100% compliant, and 100% protected.”
Examples of customer achievements made possible with Basware include:
- INNIO seamlessly implemented AP automation at speed after a private equity buyout while simultaneously delivering millions in annual savings.
- Billerud leveraged AI and machine learning to modernize invoice processing, reducing total invoice costs by 25%.
- Huntsman saved nearly $9 million in duplicate payments and errors.
- Heineken achieved 100% automation and a 95% compliance rate, a powerful foundation for its upcoming SAP S/4 HANA ERP migration slated for 2027.
Robert-Jan Van Looy, Senior Process Expert Purchase to Pay at Heineken, a Basware customer, shared:
“We are pleased to see Basware recognized as a Leader in the Gartner Magic Quadrant. This validates our decision to partner with Basware in delivering on our Evergreen strategy to become the Best Connected Brewer.”
Basware’s recognition as a Leader in the Gartner Magic Quadrant comes on the heels of key innovations, including the launch of Basware Insights, advancements in GenAI, and the introduction of AP Assurance, an integrated fraud protection and statement reconciliation solution. This also follows recognition from other major industry assessments, including Basware being named a Leader in The Forrester Wave™: Accounts Payable Invoice Automation, Q3 2024, being featured in the IDC MarketScape: Worldwide Accounts Payable Automation Software for Large Enterprises 2024, and peer-recognized as a Customers’ Choice in the 2023 Gartner Peer Insights™ ‘Voice of the Customer’: Procure-to-Pay Suites.
A complimentary copy of the Gartner® Magic Quadrant for Accounts Payable Applications report is available HERE.
Gartner Disclaimer:
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, MAGIC QUADRANT and PEER INSIGHTS are registered trademarks of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.
Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.
*40 Years of AP Innovation
+++++Over the past year, Basware has reinforced its platform with key innovations including:
- Basware Insights – Gen AI-driven insights, developed specifically for the needs of finance and shared services.
- Touchless Invoice Processing Discovery Dashboard – a dashboard that monitors and optimizes the touchless rate of AP processes, reducing complexities and risk across receiving, matching, workflow and transfer.
- Smart Coding – a market leading, AI-driven coding engine that automates non-PO invoice coding, reducing manual effort and improving accuracy
- AP Protect – an AI-powered solution that helps finance teams protect against the threat of profit loss, invoice errors and fraud.
About Basware
Basware is how the world’s best finance teams gain complete control of every invoice, every time. Our Intelligent Invoice Lifecycle Management platform ensures end-to-end efficiency, compliance and control for all invoice transactions. Powered by the world’s most sophisticated invoice-centric AI – trained on over 2 billion invoices – Basware’s Intelligent Automation drives real ROI by transforming finance operations. We serve 6,500+ customers globally and are trusted by industry leaders including DHL, Heineken and Sony. Fueled by 40 years of specialized expertise with $10 trillion in total spend handled, we are pioneering the next era of finance. With Basware, Now it all just happens.™
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VICTORIA, Seychelles, March 27, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announced the listing of CORN (CORN) on both spot and futures markets, scheduled for March 28, 2025 (UTC). The listing on MEXC will be accompanied by an exciting Airdrop+ rewards event totaling 149,000 USDT.
CORN represents a next-generation blockchain solution built on Arbitrum Orbit, offering unprecedented scalability and efficiency for Bitcoin-centric applications. The project introduces groundbreaking features including Bitcorn (BTCN) as its gas token, the popCORN System for long-term incentives, and LayerZero technology for seamless cross-chain asset transfers. By supporting Stylus, CORN enables developers to create smart contracts using multiple programming languages, pushing the boundaries of blockchain innovation.
To celebrate the CORN listing, MEXC will launch an extraordinary Airdrop+ event with a massive 149,000 USDT prize pool. The event, which will run from March 27 to April 6, 2025, will offer multiple opportunities to participate:
Benefit 1: Deposit and share 80,000 USDT in Futures bonus (New user exclusive)
Benefit 2: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (For all users)
Benefit 3: Invite new users and share 19,000 USDT in Futures (For all users)
MEXC has established itself as an industry leader by consistently providing users with early access to promising eb3 projects. In 2024, MEXC introduced 2,376 new tokens, with 1,716 of those being initial listings. According to the latest TokenInsight report, MEXC leads the industry with the highest number of spot listings at 461 and the fastest listing speed. Additionally, the exchange consistently adds new tokens in bi-weekly cycles, showcasing its exceptional ability to quickly capture market trends.
Looking ahead, MEXC will continue to enhance its platform by providing advantages such as low fees, deep liquidity, a wide selection of trending tokens, and daily airdrops, enabling traders to access high-potential projects early, receive generous rewards, and enjoy an optimal trading experience.
For full event details and participation rules, visit the event page.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article about cryptocurrencies does not represent MEXC’s official stance or investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully evaluate market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.
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LONDON, March 27, 2025 /PRNewswire/ — Wirex, a leading web3 money app, is strengthening its position as the go-to payment solution for travelers with the launch of Wirex Travel, a new booking platform offering up to 65% off hotel prices and up to 8% cashback for users who pay with their Wirex card.
As a pioneer in borderless payments, Wirex has long provided travelers with benefits like zero foreign exchange fees, interbank exchange rates, and crypto rewards. Now, Wirex Travel extends these advantages by giving users a smarter way to book accommodations while maximizing their savings and rewards.
Designed as a user-friendly travel marketplace, Wirex Travel provides access to thousands of hotel deals worldwide, with seamless payment options in both crypto and traditional currencies.
“Travel should be simple, seamless, and rewarding. With Wirex Travel, we’re helping users unlock incredible hotel deals while earning generous rewards when they pay with their Wirex card,” said Pavel Matveev, Co-Founder of Wirex. “This is another step toward making travel more accessible and cost-effective for our global user base.”
Key Features of Wirex Travel:
- Global Hotel Bookings – Access thousands of hotels worldwide at exclusive prices.
- Up to 65% Off – Book hotels at significantly reduced rates.
- Up to 8% Cashback – Earn rewards when paying with a Wirex card.
- Fiat & Crypto Payments – Pay seamlessly with Bitcoin, USDT, or traditional currencies.
- Exclusive Deals – Unlock special offers available only to Wirex users.
With Wirex Travel, Wirex continues to push the boundaries of digital payments, making travel more affordable, rewarding, and crypto-friendly.
For more information, visit Wirex Travel.
Notes to editors:
About Wirex
Wirex is a prominent UK-based digital payments platform with over 6 million customers spread across 130 countries. It offers secure accounts, making it easy for users to store, purchase, and exchange multiple currencies seamlessly. As a principal member of both Visa and Mastercard, Wirex goes beyond traditional services, embracing the evolving trends of Web3 to provide mainstream access to digital finance and wealth management. Having processed transactions totalling $20 billion, Wirex aims to contribute to the adoption of a cashless society by facilitating straightforward transactions in various currencies worldwide. Wirex is simplifying digital payments, making it more accessible and convenient for people across the globe.
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Fintech PR
SS&C Technologies Welcomes Seasoned Global Business Leader Francesco Vanni d’Archirafi to its Board of Directors
WINDSOR, Conn., March 27, 2025 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the election of Francesco Vanni d’Archirafi as a new independent director to its Board of Directors. Francesco is a seasoned global business leader with a record of strategically growing revenue, earnings, and shareholder value at public and privately-owned financial services companies.
“We are delighted to welcome Francesco,” said Bill Stone, Chairman and Chief Executive Officer. “Francesco has extensive experience running large global enterprises in executive and board capacities. His deep expertise in financial services, M&A and securities services will help SS&C achieve its strategic goals. His global expertise will be invaluable in guiding SS&C’s ongoing international expansion.”
Francesco is the Chair of the Board of Directors of Euroclear Holding and Euroclear SA/NV. He is also the Chairman of the Board of Directors of Verti S.p.A. and a member of the Board of Directors of Mapfre International S.A. and Mapfre S.A., where he chairs its Audit and Compliance committee. He held multiple leadership roles at Citi, including CEO of Global Transaction Services and CEO of Citi Holdings. Francesco has also served on the boards of Banco Nacional De Mexico SA, the Private Export Funding Corporation and LCH Group Holdings Ltd and was Chairman of Citibank Europe plc and Citi International plc.
Commenting on his appointment, Francesco said: “I am honored to join SS&C’s Board of Directors. SS&C has a strong reputation for innovation, excellence and focus. I am excited to be a part of its continued growth and success.”
David Varsano, Board member and Nominating and Governance Committee Chairman, added: “As a member of the SS&C’s Board, I am excited to have Francesco join our ranks. His extensive experience in large global enterprises and commitment to improving the world of finance make him an excellent addition. I am confident he will contribute to our growth.”
In addition to his corporate board roles, Francesco also sits on the boards of multiple nonprofits, including United Way Worldwide, Voluntary Solidarity Fund International, The Felix Project, Junior Achievement Worldwide, and on the advisory board of several leading business schools.
About SS&C Technologies
SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. More than 22,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.
Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.
Follow SS&C on Twitter, LinkedIn and Facebook.
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