Basware acquires Redmap to expand AI-driven AP in Australia

December 19, 2025

Basware, a global leader in invoice lifecycle management, has acquired Redmap, an Australian provider of accounts payable automation software, in a move that underscores growing demand for intelligent finance solutions across the Asia-Pacific region.

The deal brings together Basware’s global scale and AI-driven technology with Redmap’s local expertise and strong footprint in the Australian mid-market, creating a broader portfolio of invoice automation tools for both mid-sized and enterprise organisations.

Jason Kurtz, CEO at Basware, said, “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.”

Redmap has built a strong customer base across industries such as retail, mining and aged care, supporting hundreds of organisations to improve invoice processing speed, accuracy and financial visibility.

Its clients include Evolution Mining, Lowes Menswear and Officemax, while its ERP partnerships include Melbourne-based Pronto Software.

Basware’s Invoice Lifecycle Management Platform™ underpins the combined offering, bringing together AI-driven automation, built-in compliance and access to what the company describes as the world’s largest AP dataset.

Kurtz said, “With the acquisition of Redmap, companies of all sizes can access world-class invoice automation solutions tailored to their specific needs and ERP systems.

“Whether a business is running SAP or Pronto Xi, Basware is committed to being a customer first, partner-enabled provider that delivers purpose-built solutions to transform their AP operations and lead them to the future of intelligent finance.”