Lemonsoft

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Industry:

Software & Telecomms

Regions:

Nordics

Solutions:

E-Invoice Receiving, E-Invoice Sending

1,500 Lemonsoft customers shared close to 3 million documents over the Basware network in the past year and show double digit growth year over year.

Lemonsoft is a Nasdaq First North listed Finnish enterprise software supplier specializing in serving the manufacturing industry, wholesale and retail, construction, professional services, and accounting industry verticals. Lemonsoft has one of the broadest product portfolios in the market, serving 7000+ customers in the SME market. Product brands include Lemonsoft, Logentia, PlanMill, Finazilla, Metsys, Lixani, Talosofta and Kellokortti. Lemonsoft’s main focus is improving the customer’s operational efficiency and reducing the total cost of ownership. Customers benefit from an extensive partner network that also provides factoring, e-payslips, EDI and integration services.

Key Takeways

1,500

Lemonsoft customers, exchanging around 3,000,000 e-invoices

GROWTH

Double digit growth year over year

19%

increase in invoice volume per year

Lemonsoft's Challenges

Lemonsoft works mainly with Small-toMedium Enterprises (SMEs) and understands the challenges companies in this sector face. Lemonsoft can onboard buyers and suppliers to the open network quickly due to this deep understanding of the local market, SMEs and Basware solutions. Customers benefit from this partnership through customized services, fit to their specific needs.

Fiscal regulations differ country to country (even within Europe and the UK). Lemonsoft is well versed in these regulations and ensures that network settings comply. The Basware Open Network safeguards compliance regarding tax, finance and international trading regulations.

Solution

Lemonsoft conducted a thorough partner selection process with the primary needs being ease of use, electronic deployment, and seamless integration into existing systems. Basware was selected because they met essential requirements and provided a competitive pricing model.

“Our customers had many different E-invoicing operators. We wanted to develop our offering so that Lemonsoft would have a partner offering everything and that partner should be willing to integrate deeply with Lemonsoft, without heavy deployment. Basware exceeded our expectations”, remembers Lemonsoft Deputy CEO, Jan-Erik Lindfors. “We wanted to take our offering further than has normally been the case. This way we improved our offering and created genuine value for our customers, improving their productivity. This partnership is a real win-win-win situation, for Lemonsoft, our customers and Basware”.

Basware is an efficient and intuitive P2P System that covers the full spectrum of our global needs. The positive experience for business users has ensured mass adoption and the support we receive concerning compliance has been invaluable..

Sara Gregorsson, Financial Systems Analyst, Education First

Results

The Basware Open Network connects over 2 million buyers and suppliers in over 175 countries. Together they exchange more than 150 million transactions that represent 800 billion euros of spent. The open network is an ecosystem of 220 interoperability partners.

1,500 Lemonsoft customers shared almost 3 million documents over the Basware network in the past year and show double digit growth year over year.

Lemonsoft customers find the service deployment to be simple. The joint solution created by Basware and Lemonsoft is automatically provided to all Lemonsoft ERP customers and is provisioned accordingly. At the end of 2021 Lemonsoft reported that 1,500 customers were actively using the E-invoicing product; which resulted in a 19% increase in invoice volume per year.

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