OverviewSuggest Edit

Basware provides networked purchase-to-pay solutions, and e-invoicing and financing services for organizations. The Company offers accounts payable automation software, e-procurement solutions, a purchase-to-pay solution for invoice handling, strategic sourcing solutions, purchase to pay analytics solutions, business consulting solutions, and travel and expense management solutions.

HQEspoo, FI
Employee Ratings4
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2020)1,334(-1%)
Share Price (Nov 2021)€32.1(+2%)
Cybersecurity ratingCMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Basware

Ilkka Sihvo

Ilkka Sihvo

Vice Chair of the Board, and Chair of the Remuneration Committee
Klaus Andersen

Klaus Andersen

Asko Schrey

Asko Schrey

Member of the Board, Chairman of the Audit Committee
Minna Smedsten

Minna Smedsten

Member of the Board, Chair of the Audit Committee
Jane Broberg

Jane Broberg

Chief HR Officer
Daryl Rolley

Daryl Rolley

Member of the Board, Member of the Remuneration Committee
Show more

Basware Office Locations

Basware has offices in Espoo, Pori, Tampere, Chicago and in 14 other locations
Chatswood, AU
Sage Building, level 15/67 Albert Ave
Aalst, BE
Korte Keppestraat 7
Brøndbyvester, DK
Kirkebjerg Allé 84, 1. sal
Pori, FI
Isolinnankatu 22a 4. krs
Tampere, FI
Vuolteenkatu 1
Paris, FR
20 Rue de Caumartin
Show all (21)

Basware Financials and Metrics

Basware Revenue

Market capitalization (10-Nov-2021)


Closing stock price (10-Nov-2021)

Basware's current market capitalization is €464 m.
Show all financial metrics

Basware Cybersecurity Score

Cybersecurity ratingPremium dataset



SecurityScorecard logo

Basware Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset


out of 100

CSRHub logo

Basware Online and Social Media Presence

Embed Graph

Basware Company Culture

  • Overall Culture



  • CEO Rating



  • Compensation



Learn more on Comparably

Basware News and Updates

E-invoicing will reduce human interference and fraud – Global Analysis & Forecast Research Report 2020-2027 | Key Players: Basware, Cegedim SA, Comarch SA, Coupa Software Inc., International Business Machines Corp

The E-invoicing Market delivers a comprehensive study of the market, including its dynamics, structure, characteristics, Key players, growth and demand drivers, etc. As a Complete Analysis report, it covers all details inside analysis and outlook according to Premium Market Insights Posted via Indus…

Basware names Blair Tolbard VP, sales, North America

Basware (BAS1V), the global leader in networked source-to-pay solutions, e-invoicing and innovative...

Finland's Basware in talks on takeover offer from Tradeshift

Finland's Basware is in discussions with Tradeshift about a possible takeover offer from the U.S. firm, the provider of cloud-based solutions for businesses said on Friday.

Procure-to-Pay Convergence Market Review and Vendor Comparison Report 2018 Featuring AvidXchange, Basware, Corcentric, Ivalua, SAP Ariba & Tradeshift

DUBLIN, Nov. 26, 2018 /PRNewswire/ -- The "Procure-to-Pay Convergence: Market Review and Vendor Comparison" report has been added to ResearchAndMarkets.com's offering. Procure-to-Pay Convergence: Market Review and Vendor Comparison, examines the trend toward a tighter, more seamless...

Basware receives takeover approach from Tradeshift

On November 16, 2018, in response to media speculation, Basware confirmed that it had been approache...

Finland's Basware received conditional offer from U.S. payment tech firm Tradeshift

Finnish payment software firm Basware said on Tuesday it has received an indicative takeover proposal from U.S. peer Tradeshift.
Show more

Basware Blogs

5 Steps for a Successful P2P Cloud Transformation

Pekka Lindfors Vice President of Sales Basware According to a study by the Cloud Security Alliance, 33% of organizations have a “full steam ahead” attitude toward cloud services. Once your business agrees to make the transformation from on-premise to cloud-based purchase to …

How to Reach Fintopia: Lessons in Digital Evolution from Trailblazers

Sami Peltonen VP of Product and Business Management, North America Basware What are the exact characteristics and qualities of leading financial departments — those who have evolved to fly instead of crawl? What actions do these trailblazers take to succeed? These are the qu…

Focus on Supply Chain Transparency to Navigate Dynamic Global Trade says new report by the EIU

Lauri Palokangas Director of Product Marketing Basware According to ourworldindata.org, global exports today are more than 40 times larger than 100 years ago. Much of this due to long-term relentless focus on developing free trade – across the world, but especially between t…

Basware Transforms the IOFM APP2P Spring Conference with Fintopia

Lindsay Munn Head of Global Content, Basware The most magical place on earth got even more magical this year as attendees of the Institute of Finance & Management (IOFM) spring conference APP2P 2019 got an idea of what it feels like to travel to the utopian state of acco…

Find Your “Perfect Fit” Business Network with Basware

Jeff Meredith Senior Analyst Relations Manager Basware The Forrester Vendor Landscape: B2B Business Networks, 2017 To 2018 report views Basware as a rapidly growing business network which has expanded the scale and scope of its offering. Read more about why the Basware Netwo…

Make P2P the First Wave of Your Merger & Acquisition Project

Lauri Palokangas Director of Product Marketing Basware In order to successfully acquire or merge with another company, organizations must ensure their acquisition plan keeps purchase-to-pay processes at the top of their project list to avoid time-consuming and expensive setb…
Show more

Basware Frequently Asked Questions

  • When was Basware founded?

    Basware was founded in 1985.

  • Who are Basware key executives?

    Basware's key executives are Ilkka Sihvo, Klaus Andersen and Asko Schrey.

  • How many employees does Basware have?

    Basware has 1,334 employees.

  • Who are Basware competitors?

    Competitors of Basware include Zycus, Tradeshift and Fraedom.

  • Where are Basware offices?

    Basware has offices in Espoo, Pori, Tampere, Chicago and in 14 other locations.

  • How many offices does Basware have?

    Basware has 21 offices.