Bregal milestone partners with basware oyjs board, chaired by ilkka sihvo, and the executive management team, led by klaus andersen, to accelerate the companys growth, expand its geographic presence, deliver innovative product improvements and develop thriving partner ecosystems to strengthen baswares position as a market leader. Helsinki stock quote basware oyj bloomberg markets. In 1992 basware introduced their first financial management software. Basware oyj is a finlandbased company engaged in software development. The transaction volume delivered by the automation services business and startup fees for services continued to develop favorably, increasing by 80. He received a graduate degree from aalto university. Basware corporation board of directors for more information, please contact ceo ilkka sihvo, basware corp. Klaus andersen appointed as ceo of basware basware. Bregal milestone invests in basware, a world leader in. Ilkka sihvo occupies the position of chairman of basware oyj, chief executive officer at softaforce oy and chief executive officer for solaforce human capital management.
Network services, purchase to pay, and einvoicing services. Company profile for basware oyj including key executives, insider trading, ownership, revenue and average growth rates. Itella information offers solutions for the invoicing processes and financial management in europe. Ingelog has studied economics and business administration at uppsala university. Basware s software is used in over a thousand organizations in various business sectors, in both the private and public sector. The company develops and provides software solutions for financial processes and related transactions, such as purchase management and invoicing, financial management solution tools for various financial tasks. Basware acquires itellas norwegian invoice automation. For basware, this is the first saas agreement with a private sector company. Basware oyj company profile and news bloomberg markets. Ingelog is a board member in a number of businesses both in the uk and in the nordic region. The board of directors is confident in his capabilities to lead basware into profitable growth, said ilkka sihvo, chairman of the board of directors.
Basware s commerce and financing network connects businesses in over 100 countries and territories around the globe. Basware to deliver an invoice automation solution to ikea in. Basware toimittaa laskuautomaatioratkaisun invensys plc. Basware oyj is engaged in the provision of cloudbasedsolutions to organizations of all sizes.
The company operates in northern europe and the united states. Klaus andersen commented i am very excited to take on the role of ceo because basware is a leader in the global purchasetopay market and has the largest einvoicing network in the world. Founded in 1985 basware develops, markets and sells software that supports ebusiness and. This new geographical location also allows us to offer 247 support to our global customers. We are glad to continue working with the tag services staff on building up the business in the area, says ilkka sihvo, ceo of basware. In a statement, basware chairman of the board ilkka sihvo said the company has a strong independent organic strategy and is wellpositioned to further expand its. It offers analytics, travel and expense management, sourcing, and eprocurement solutions. Basware oyj develops, markets, and sells software solutions for financial processes and buyersupplier related transactions. Find out which similar solutions are better according to industry experts and actual users. The thirdquarter market conditions were challenging, but our net sales increased nevertheless, while our profitability. View roope kanervas profile on linkedin, the worlds largest professional community. Basware global leader in providing purchase to pay and einvoicing solution of eprocurement for any size of the company, with significant cost saving, more flexible payment terms, greater efficiency. Apr 01, 2020 ilkka sihvo has served as chairman of the board of directors of basware oyj since march 15, 2018.
Apr 30, 2007 it further strengthens our position as a global forerunner in the software as a service market, says ilkka sihvo, ceo, basware corp. Baswares solutions generate cost savings and therefore demand is not heavily dependent on the economic situation. Roope kanerva senior solution consultant basware linkedin. See the complete profile on linkedin and discover ilkka s connections and jobs at similar companies. Of its products, basware eflow is the market leader in the nordic countries as is basware target. Basware s automated services also create transparency in financial records for a companys upper echelon and regulators, salonen said.
He was independent vice chairman of the companys board fro. The last quarter of 2007 succeeded well as a whole. Vesa will work with klaus to ensure an orderly transition. Basware continues strong growth in profitability in the third. Software 2779 companies including basware basware 8 executives to email now. The company offers accounts payable automation software, eprocurement solutions, a purchasetopay solution for invoice handling, strategic sourcing solutions, purchase to pay analytics solutions, business consulting solutions, and travel and expense management solutions. Helsinki including stock price, stock chart, company news, key statistics, fundamentals and company profile. He was independent vice chairman of the companys board from february 16, 2012. Ilkka sihvo toimitusjohtaja osakekurssin muutos vuosina 20052010 euroa 25 20 15 10 5 0. The companys product line includes solutions for electronic business. Oct 16, 2008 baswares solutions generate cost savings and therefore demand is not heavily dependent on the economic situation. Baswares software is used in over a thousand organizations in various business sectors, in both the private and public sector.
Baswares ceo ilkka sihvo comments in conjunction with the interim report. The transaction gives us valuable expertise to improve our competitiveness, reports ilkka sihvo, ceo, basware corporation. Basware purchase management, basware invoice processing, basware contract matching and basware order matching and catalogue service management form the saas service. Our net sales grew by over 26 percent and profitability nearly 70 percent compared with the same quarter last year, said ilkka sihvo, ceo, basware corp. Vesa tykkylainen has today announced that he has resigned from his position as ceo of basware. See the complete profile on linkedin and discover jyrkis connections and jobs at similar companies.
Espoo, finland, january 24, 2011 basware corporation board of directors for more information, please contact ceo ilkka sihvo, basware corp. Bregal milestone partners with basware oyjs board, chaired by ilkka sihvo, and the executive management team, led by klaus andersen, to accelerate the companys growth, expand its geographic presence, deliver innovative product improvements and develop thriving partner ecosystems to strengthen basware s position as a market leader. Jan 15, 2020 software 2779 companies including basware basware 8 executives to email now. Mar 21, 2019 the financing agreement has been tailored to baswares needs and the proceeds will strengthen baswares balance sheet and support our growth and progress towards positive cash generation in the medium term, ilkka sihvo, chairman of the board of directors of basware, elaborated in the release.
Basware provides networked purchasetopay solutions, and einvoicing and financing services for organizations. Jan 25, 2011 espoo, finland, january 24, 2011 basware corporation board of directors for more information, please contact ceo ilkka sihvo, basware corp. Stock quote news stock market quotes, online stock quotes. See the complete profile on linkedin and discover roopes connections and jobs at similar companies.
Easily compare features, pricing and integrations of 2020 market leaders and quickly compile a list of solutions worth trying out. The board of directors has appointed klaus andersen, cto of basware, as interim ceo effective as of march 11, 2019. Neste oil continues as our client and takes the basware solutions into use in its financial service. Basware oyj provides networked purchasetopay solutions, and einvoicing and financing services in finland and internationally. In the software industry, ilkka sihvo has 30,047 colleagues in 2,817 companies located in 67 countries. Basware company profile office locations, competitors. Mar 01, 2019 in a statement, basware chairman of the board ilkka sihvo said the company has a strong independent organic strategy and is wellpositioned to further expand its leadership position in this. This deal is a significant one for basware, says ilkka sihvo, ceo, basware corp. In 1997 the company introduced their first invoice processing software. Bas1v is the global leader in providing networked sourcetopay solutions, einvoicing and value added services.
Company information for basware oyj ordinary shares eur0. View jyrki tunnelas profile on linkedin, the worlds largest professional community. Jan 24, 2018 the nomination board of basware corporation, consisting of mr. The finnish management team hannu vaajoensuu, ilkka sihvo, kirsi erakangas, antti pollanen and sakari perttunen bought the company in 1990. Hannu vaajoensuu chairman of baswares board of directors.
Basware to deliver an extensive software solution to suomen terveystalo may 22, 2007 basware has signed a significant agreement with suomen terveystalo, a finnish private healthcare company, for the delivery of financial management solutions as well as electronic invoice processing and procurement solutions. Sihvo is also on the board of smilehouse oy and basware corp. The financing agreement has been tailored to baswares needs and the proceeds will strengthen baswares balance sheet and support our growth and progress towards positive cash generation in the medium term, ilkka sihvo, chairman of the board of directors of basware, elaborated in the release. Nomination boards proposals to baswares annual general. The basware solutions will be used in the neste oil financial service that serves the corporations finnish units. The recruitment process to select a new ceo has started.
Basware alternatives 2020 best similar software from. Strong growth and profitability describe the third quarter of the year. We can now provide the basware enterprise purchase to pay solutions and services directly to endusers. Andrew billett representing arrowgrass capital partners llp, chairman of the nomination board, mrs annika ekman representing ilmarinen mutual pension insurance company, mr. View ilkka sihvo s profile on linkedin, the worlds largest professional community. Baswares procurement portfolio expands with sourcing and. The company develops and provides software solutions for financial processes and related transactions, such as purchase. Bregal milestone invests in basware, a world leader in source.
Ilkka sihvo has served as chairman of the board of directors of basware oyj since march 15, 2018. At basware, ilkka sihvo has 7 colleagues who can be contacted including klaus andersen ceo, michael ingelog vice chairman of the board industry colleagues. Key professional experience vice chairman of the board, basware corporation, 20122018 ceo, solaforce, 2014ceo, softaforce, 2012ceo, basware corporation, 20052011 chairman of the board and chief financial officer, basware corporation, 20002004. Baswares automated services also create transparency in financial records for a companys upper echelon and regulators, salonen said.
1072 654 1102 649 726 572 1182 745 398 696 95 1618 606 1566 413 516 903 1665 1 124 796 138 1017 704 778 138 1066 902 1037 598 1119 338 1040 670 1339 578 796 1382