Deloitte and Basware Create Center of Excellence to Drive Digital Finance Transformation and Compliance at Scale

  • e-Invoicing
  • 19.02.2025 08:45 am

Deloitte and Basware have expanded their partnership with the creation of a practice-based Center of Excellence to support enterprises in accelerating digital finance transformation. This expansion comes in response to increasing demand driven by large-scale SAP S/4HANA migrations, heightened global e-invoicing compliance mandates, and the need for cost optimization through accounts payable (AP) automation.  

By combining Deloitte's deep finance and compliance expertise with Basware's industry-leading Invoice Lifecycle Management platform, the alliance will deliver scalable, automated solutions for organizations in EMEA that enhance compliance, reduce costs and drive operational efficiencies. 

Governments across EMEA are implementing stricter e-invoicing and tax compliance regulations, requiring companies to adapt quickly or risk penalties, operational disruptions, and increased costs.  

At the start of 2025, Germany introduced a mandate for companies to be able to receive e-invoices, with larger companies mandated to issue e-invoices by January 1, 2027, while France will follow a phased roll-out from September 1, 2026, requiring the mandatory reception of e-invoices for all companies. 

Through this expanded partnership, Deloitte and Basware's Centre of Excellence (COE) will provide enterprises with a seamless, fully automated AP solution. This will ensure compliance while unlocking substantial financial benefits and operational efficiencies – chosen by hundreds of companies for AP as they migrate to S/4HANA, Oracle Fusion, and other platforms. 

Kevin Farrell, SVP, Business Development and Alliances at Basware mentioned:  

"With regulatory pressures and the pace of digital transformation intensifying, businesses need to take immediate action to modernize their finance operations. By integrating Deloitte's expertise in finance transformation and the COE with Basware's advanced Invoice Lifecycle Management platform, we deliver unmatched operational efficiency, ensure robust compliance, and drive tangible financial success for our clients—helping them stay ahead of the curve." 

Accelerating compliance, reducing costs, and futureproofing AP operations 

The Centre of Excellence is already delivering project value to customers, further developing the joint go-to-market strategy to reach a wider audience of CFOs and finance leaders, enhancing compliance innovation and the delivery of Basware's solutions through Deloitte consultants.  

Henri Lhomme, Managing Partner, Head of Technology & Performance Management at Deloitte France, emphasized the urgency of action:  

"As regulatory pressures and digital transformation accelerate, businesses must act now to modernize their finance operations. Combining Deloitte's reach and expertise with Basware's AP automation capabilities, we empower the office of the CFO to streamline accounts payable, ensure full compliance, and unlock significant cost savings." 

Delivering Measurable Business Impact  

Through this expanded alliance, Deloitte and Basware will:  

  • Help enterprises achieve up to 89% touchless invoice processing, significantly reducing manual intervention and processing times. 
  • Ensure organizations stay ahead of evolving global and local e-invoicing compliance mandates without costly last-minute adaptations. 
  • Enable companies to capture early payment discounts, reduce fraud risk, and optimize working capital, potentially saving millions annually. 
  • Provide a pool of Deloitte-certified consultants trained on Basware's platform to drive successful financial transformation projects. 

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