Basware, a provider of purchase-to-pay (P2P) and electronic invoicing (e-invoicing) solutions, has acquired the network and e-invoicing business of Certipost, a Belgian Post Group (bpost) company and e-invoice operator in the Benelux region.
Certipost positions itself as a growing specialist in secure electronic document exchange for companies, the government, and consumers. In 2011, Certipost had more than 85,000 companies using its technology to exchange documents electronically and it reaches over 100,000 companies in Europe through roaming. Certipost has developed knowledge on providing services for both local and international buyers and supplier in e-invoicing, which supports Basware services.
Gert Roeckx, chief executive officer (CEO), Certipost, said: “Basware will enable Certipost to grow even stronger in the Benelux market. The combined network will allow us to reach more trading partners in Europe, increase technological innovation and develop the small and medium-sized enterprise [SME] market in Belgium and the Netherlands. Certipost’s strategy is completely in line with Basware’s strategy focusing on seamless service, customer satisfaction and growth.”
Data from Swift’s latest RMB tracker shows exceptional growth in RMB adoption in the United Arab Emirates (UAE), witnessing a 210.8% growth in payments value of the currency since August 2014, albeit from a low base.
Sentiment in the financial services sector deteriorated in the three months to September, as firms digested the challenges of lower interest rates and the uncertainty caused by the vote to leave the European Union (EU), according to the latest CBI/PwC Financial Services Survey.
However, a London summit on the industry’s introduction of the technology cautions that testing and acceptance are still at an early stage and firms should proceed with caution.