Basware completed the acquisition of Redmap.

Basware, a provider of cloud-based Procure-to-Pay and e-invoicing solutions completed the acquisition of Redmap, a provider of accounts payable automation software. Financial terms were not disclosed. "Today's finance environments are more complex than ever, and every organization – not just the largest companies – needs solutions to streamline and simplify financial processes. Redmap understands this, and their team has built a great product tailored for middle market companies and ERP platforms. Together, we can bring innovation, capabilities and resources often reserved for large enterprises, to transform finance organizations and accounts payable operations for these customers and drive long-term efficiency and growth," Jason Kurtz, Basware CEO.