Stock quote news stock market quotes, online stock quotes. Strong growth and profitability describe the third quarter of the year. 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. Ingelog has studied economics and business administration at uppsala university. Bregal milestone invests in basware, a world leader in. 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.
The thirdquarter market conditions were challenging, but our net sales increased nevertheless, while our profitability. Bregal milestone invests in basware, a world leader in source. Basware oyj company profile and news bloomberg markets. This new geographical location also allows us to offer 247 support to our global customers.
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. Helsinki including stock price, stock chart, company news, key statistics, fundamentals and company profile. The company develops and provides software solutions for financial processes and related transactions. The companys product line includes solutions for electronic business. Ilkka sihvo toimitusjohtaja osakekurssin muutos vuosina 20052010 euroa 25 20 15 10 5 0. Basware corporation board of directors for more information, please contact ceo ilkka sihvo, basware corp. Find out which similar solutions are better according to industry experts and actual users. 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. It further strengthens our position as a global forerunner in the software as a service market, says ilkka sihvo, ceo, basware corp. The company operates in northern europe and the united states. Baswares solutions generate cost savings and therefore demand is not heavily dependent on the economic situation. Basware oyj is a finlandbased company engaged in software development. 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.
Basware to deliver an invoice automation solution to ikea in. Sihvo is also on the board of smilehouse oy and basware corp. In 1997 the company introduced their first invoice processing software. The company develops and provides software solutions for financial processes and related transactions, such as purchase. Baswares procurement portfolio expands with sourcing and. It offers analytics, travel and expense management, sourcing, and eprocurement solutions.
Ingelog is a board member in a number of businesses both in the uk and in the nordic region. The board of directors has appointed klaus andersen, cto of basware, as interim ceo effective as of march 11, 2019. The recruitment process to select a new ceo has started. At basware, ilkka sihvo has 7 colleagues who can be contacted including klaus andersen ceo, michael ingelog vice chairman of the board industry colleagues. Andrew billett representing arrowgrass capital partners llp, chairman of the nomination board, mrs annika ekman representing ilmarinen mutual pension insurance company, mr.
Company profile for basware oyj including key executives, insider trading, ownership, revenue and average growth rates. He was independent vice chairman of the companys board from february 16, 2012. Basware company profile office locations, competitors. In 1992 basware introduced their first financial management software. Basware oyj provides networked purchasetopay solutions, and einvoicing and financing services in finland and internationally. 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. The nomination board of basware corporation, consisting of mr. Basware s commerce and financing network connects businesses in over 100 countries and territories around the globe. Neste oil continues as our client and takes the basware solutions into use in its financial service. 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. For basware, this is the first saas agreement with a private sector company. Basware oyj is engaged in the provision of cloudbasedsolutions to organizations of all sizes. Apr 01, 2020 ilkka sihvo has served as chairman of the board of directors of basware oyj since march 15, 2018. The thirdquarter market conditions were challenging, but our net sales increased nevertheless, while our.
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. The last quarter of 2007 succeeded well as a whole. 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. Itella information offers solutions for the invoicing processes and financial management in europe. He received a graduate degree from aalto university. Baswares ceo ilkka sihvo comments in conjunction with the interim report. Basware s automated services also create transparency in financial records for a companys upper echelon and regulators, salonen said. Of its products, basware eflow is the market leader in the nordic countries as is basware target. Jan 15, 2020 software 2779 companies including basware basware 8 executives to email now. Vesa tykkylainen has today announced that he has resigned from his position as ceo of basware. Basware oyj develops, markets, and sells software solutions for financial processes and buyersupplier related transactions. Basware toimittaa laskuautomaatioratkaisun invensys plc. Klaus andersen appointed as ceo of basware basware. View roope kanervas profile on linkedin, the worlds largest professional community.
See the complete profile on linkedin and discover roopes connections and jobs at similar companies. Basware continues strong growth in profitability in the third. Basware alternatives 2020 best similar software from. The basware solutions will be used in the neste oil financial service that serves the corporations finnish units. The transaction gives us valuable expertise to improve our competitiveness, reports ilkka sihvo, ceo, basware corporation. Company information for basware oyj ordinary shares eur0.
The finnish management team hannu vaajoensuu, ilkka sihvo, kirsi erakangas, antti pollanen and sakari perttunen bought the company in 1990. See the complete profile on linkedin and discover ilkka s 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. View ilkka sihvo s profile on linkedin, the worlds largest professional community. This deal is a significant one for basware, says ilkka sihvo, ceo, basware corp. Ilkka sihvo has served as chairman of the board of directors of basware oyj since march 15, 2018. Basware acquires itellas norwegian invoice automation. In the software industry, ilkka sihvo has 30,047 colleagues in 2,817 companies located in 67 countries. Helsinki stock quote basware oyj bloomberg markets.
Baswares automated services also create transparency in financial records for a companys upper echelon and regulators, salonen said. 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. View jyrki tunnelas profile on linkedin, the worlds largest professional community. Basware purchase management, basware invoice processing, basware contract matching and basware order matching and catalogue service management form the saas service. Jan 25, 2011 espoo, finland, january 24, 2011 basware corporation board of directors for more information, please contact ceo ilkka sihvo, basware corp. 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. He was independent vice chairman of the companys board fro. We can now provide the basware enterprise purchase to pay solutions and services directly to endusers. The transaction volume delivered by the automation services business and startup fees for services continued to develop favorably, increasing by 80. 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. See the complete profile on linkedin and discover jyrkis connections and jobs at similar companies. 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. Roope kanerva senior solution consultant basware linkedin. Founded in 1985 basware develops, markets and sells software that supports ebusiness and. 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 provides networked purchasetopay solutions, and einvoicing and financing services for organizations.
The board of directors is confident in his capabilities to lead basware into profitable growth, said ilkka sihvo, chairman of the board of directors. Software 2779 companies including basware basware 8 executives to email now. Oct 16, 2008 baswares solutions generate cost savings and therefore demand is not heavily dependent on the economic situation. Basware s software is used in over a thousand organizations in various business sectors, in both the private and public sector. Bas1v is the global leader in providing networked sourcetopay solutions, einvoicing and value added services.