BasWare to Host Webinar with Aberdeen Group's Jeff Pikulik on Best Practices in Accounts Payable on July 27

Business Wire, July 27, 2005

BasWare

WHAT:       BasWare, Inc., the world-leading provider of enterprise
            purchase to pay software, will host a webinar, "Strategies
            for Success in Accounts Payable: Best Practices and
            Recommendations." The webinar hosted by BasWare's David
            Furth will feature Jeff Pikulik, Director of Research for
            the Aberdeen Group, discussing findings from an Aberdeen
            Group recent research report.

            The webinar will address the drivers influencing the
            accounts payable transformation, best practices that are
            being deployed and recommendations for improvement. During
            the webinar, participants will learn how to:
                -- Create a more strategic role for their accounts
                payable departments
                -- Reduce invoice processing costs by 30-60 percent
                -- Achieve labor reductions of 25-40 percent
                -- Increase on-time payments earnings discounts up to
                500 percent

WHEN:       Wednesday, July 27, from 2:00-2:45 pm. (EDT)

REGISTER:   To register for the event, please call 203-487-7905 or
            visit
 https://baswareevents.webex.com/baswareevents/j.php?ED=86582967&RG=1.

CONTACT:    Diane Pardes, Pardes Communications, 781-652-8059,
            dpardes@pardescommunications.com; Linda Pendergast-Savage,
            Pardes Communications, 508-224-7905,
            pendergast@pardescommunications.com; or Robert Cohen,
            BasWare, Inc., 203-487-7905, robert.cohen@basware.com.

About the Study

To uncover the strategies for success in accounts payable, the Aberdeen Group conducted a benchmark study of more than 700 companies and performed a detailed analysis of AP practices at 25 major organizations. The report, Invoice Reconciliation and Payment Benchmark Series:Accounts Payable Success Stories, is available at http://www.aberdeen.com/link/sponsor.asp?spid=30410172&cid=1948.

About BasWare

BasWare Corporation (HEX: BAS) is a profitably growing global software company with more than 300,000 users in 21 countries. BasWare offers best-of-breed solutions that enable companies and organizations to reduce costs, expedite processes and achieve full control over the entire purchase to pay cycle. Headquartered in Espoo, Finland, the company has eight subsidiaries located in the United States, United Kingdom, France, Germany, Sweden, Denmark, Norway and the Netherlands. Founded in 1985, BasWare's net sales in 2004 were more than (US) $40 million. The company currently employs more than 350 people. Additional information is available at www.basware.com/us.>

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