Basware completed the acquisition of AP Matching.

Basware, an AP automation and invoice processing firm, completed the acquisition of AP Matching, a financial technology company. Financial terms were not disclosed. "CFOs often struggle to oversee the complexities of invoicing processes end-to-end, which can lead to erroneous payments slipping through the gaps. The repercussions of failure in statement reconciliation is money lost from a company's P&L (profit and loss statement). But it can be fixed and automated. We're excited to combine forces with AP Matching, so that CFOs can enhance their AP automation processes and increase the accuracy of financial recording. We're on a mission to unlock the future of finance and provide the best end-to-end technology to drive value for our customers. With AP Matching, we will do just that," Jason Kurtz, Basware CEO.