Basware CEO Named Supply Chain ‘Pro to Know’ by Leading Supply Chain Publication

23 February 2015


Esa Tihilä Recognized for Helping Companies Unlock Value in their Financial Operations

STAMFORD, Conn., Feb. 25, 2015 – Basware, the leading provider of e-invoicing and purchase-to-pay solutions, announced that Esa Tihilä, the group’s CEO, has been named a 2015 “Provider Pro to Know” by Supply & Demand Chain Executive magazine, a leading supply chain publication.  Tihilä was recognized for championing the adoption of e-invoicing worldwide and leading the innovation of new solutions and services to boost financial automation and global B2B e-commerce, which enable companies to unlock value across their financial operations.

In addition to delivering purchase-to-pay solutions that help companies achieve new levels of control over spend, cash flow and working capital, Tihilä has been a pioneer in the world of B2B e-commerce. Under Tihilä’s leadership, Basware has introduced new ways of buying and selling to help companies achieve significant cost savings and boost cash flow. Among the company’s solutions is the Basware Network – the largest open business network in the world, connecting 1 million companies across 100 countries and enabling easy collaboration between trading partners.  The company also combines automation with innovative new Financing Services, such as Basware Pay, an e-payment solution that addresses payment bottlenecks and cash-flow issues by allowing suppliers to get paid sooner and buyers to extend payment terms; and Basware Discount, which enables buyers and vendors to optimize invoice payment terms for better working capital management.

Additionally, as co-chair of EESPA, the European E-Invoicing Service Providers Association (EESPA), Tihilä champions e-invoicing to promote economic efficiency and growth.  EESPA is an international not-for-profit association that focuses on public policy issues, the creation of an interoperable eco-system and promoting the widespread adoption of e-invoicing for the benefit of the economy.

I am honored to be selected as a ’Pro to Know’ by Supply & Demand Chain Executive,” said Tihilä. “The entire team at Basware is committed to innovating new solutions and services to boost financial automation and global B2B e-commerce to help organizations achieve operational excellence and business benefits.

The 2015 Provider Pros to Know award recognizes individuals from software firms and service providers, consultancies or academia who have helped their supply chain clients or the supply chain community prepare to meet industry challenges, as well as provide thought-leadership that is shaping and advancing the supply chain industry.

This year’s Pros to Know are innovators who are delivering critical advances to the supply chain industry,” said Barry Hochfelder, editor of Supply & Demand Chain Executive. ”These individuals are helping organizations around the world better collaborate throughout the supply chain to achieve key business benefits.”

The full listing of the 2015 Pros to Know will be available in the March 2015 issue of Supply & Demand Chain Executive magazine and on the Supply & Demand Chain Executive Web site at


About Supply & Demand Chain Executive

Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. Supply & Demand Chain Executive is a publication of Cygnus Business Media. On the Web at


About Basware    

Basware is the global leader in providing purchase-to-pay and e-invoicing solutions in the world of commerce. We empower companies to unlock value across their financial operations by simplifying and streamlining key financial processes. Our Basware Network, the largest open business network in the world, connects one million companies across 100 countries and enables easy collaboration between buyers and suppliers of all sizes. Through this network, leading companies around the world achieve new levels of spend control, efficiency and closer relations with their suppliers. With Basware, businesses can introduce completely new ways of buying and selling to achieve significant cost savings and boost their cash flow.

Find out how Basware helps money move more easily and lets commerce flow at



Robert Cohen                                                                                
Basware, Inc.                                                                                                  


Diane Pardes
Pardes Communications LLC

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