Neocol has announced a key partnership agreement with Basware to expand the distribution of their range of financial process automation solutions in the UK market.

The strategic appointment will see Neocol distribute Basware’s Enterprise Purchase to Pay software, and will play a key role in helping Basware to further boost its presence in the financial services sector.

Basware’s automation solutions integrate with finance systems and content management technology solutions to streamline overall financial management, increase visibility and optimise approvals processes. This enables Neocol to offer customers fully flexible automation software that is high in functionality and cost-efficient.

Steve Ellis, Managing Director at Neocol said: ”The alliance with Basware allows us to bring further value to our clients in the area of Enterprise Purchase to Pay. Increased automation means increased efficiency, giving our customers a transparent accounts payable process and enabling them to optimise financial processes and strengthen supplier relationships”

Paul Sandford, Channel Manager at Basware UK added: “Neocol meet the preferred Basware partner criteria: they have a strong customer base and have a solid understanding of financial and procurement processes”

Neocol and Basware have agreed to partner following their collaboration on a project to streamline the handling of publisher John Wiley and Sons’ supplier invoices, improving its overall financial management and boosting supplier relationships.