HCL Technologies Ltd., a leading global IT services provider has announced its strategic partnership with Basware, a leading provider of purchase-to-pay solutions. HCL will leverage Basware’s industry leading Invoice Automation, Travel & Expense, Procurement and Connectivity solutions to deliver customers with process enhancements and increased cost reductions.

With the Basware P2P model, HCL will help customers align their procurement and finance organizations as well as ensure effective networking of P2P processes with the supply base.

“Customers are fast realizing that automating their purchase-to-pay process is an important way to drive significant cost reductions and improve productivity. Our partnership with Basware completes HCL’s F&A BPO strategy to provide end-to-end finance & accounting services across the purchase-to-pay (P2P) landscape. This partnership with Basware powers HCL’s P2P services by providing customers with a strong technology platform, and the ease to shift to e-invoicing while benefiting from process efficiencies and cost reductions,” said Randy Mueller, Vice President – Finance & Accounting, Business Services, HCL Technologies Ltd.

“We are pleased to be working with HCL to help their customers reap the benefits that purchase-to-pay automation delivers, such as cost savings, greater productivity and streamlined processes,” said Ari Salonen, Basware General Manager, North America. “Most importantly, these companies will gain critical visibility and control over their entire company-wide spend.”