Ad van der Poel Selected for Innovating e-Payment, Financing Solutions to Improve Cash Flow, Working Capital
STAMFORD, Conn., July 20, 2016 –Basware, the global leader in networked purchase-to-pay (P2P) solutions, e-invoicing and innovative financing services, today announced that Ad van der Poel, its SVP, Financing Services, was among the top professionals selected by Global Finance, a leading trade magazine, in its Who’s Who in Treasury & Cash Management 2016 issue. Van der Poel was recognized for driving new payment strategies that help companies improve cash flow and working capital throughout his 20-year career in financial services. He was a key driver in the creation of Basware’s innovative Financing Services division and continues to lead the division, as well as its flexible financing solutions.
“We’re very proud that Ad has been selected as a member of this elite group of Treasury & Cash Management professionals as a result of his innovative contributions to the field,” said Esa Tihilä, Basware CEO. “He has been instrumental in developing critical new approaches in payment, financing and cash management to help companies of all sizes optimize working capital, boost cash flow and improve liquidity. These capabilities enable them to quickly seize business opportunities and be competitive in today’s global marketplace.”
Van der Poel was instrumental in establishing Basware Financing Services, a portfolio of real-time, flexible financing and payment strategy options that enables strategic cash management. By using a combination of these services, companies of all sizes can address their different cash-flow and working-capital requirements at different points in time and have multiple payment options for different suppliers.
Global Finance’s Who’s Who in Treasury & Cash Management recognizes the most influential, creative and powerful people in corporate treasury and transaction services. It will be published in the September 2016 issue as part of Global Finance’s 12th annual Treasury & Cash Management Supplement. Decisions were made by the Global Finance Editorial Review Board based on the nominations, discussions with analysts and consultants and further independent research.
“In these volatile times, corporate treasurers and transaction services executives must ensure the stability and smooth management of a myriad of financial functions that are essential to company operation. They are tasked with navigating a course through Brexit, the U.S. elections and ongoing geopolitical upheaval,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. “The individuals that we honor in Global Finance’s Who’s Who in Treasury and Cash Management are those that have been recognized as best in their field by their peers and colleagues, and by our own Editorial Board. They are well equipped to successfully chart a course through these unknown waters.”
Further information can be found at https://www.gWfmag.com/global-finance-names-whos-who-treasury-cash-management-2016/.
About Global Finance
Global Finance, founded in 1987, has a circulation of 50,000 and readers in 191 countries. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Global Finance also targets the 8,000 international portfolio investors responsible for more than 80% of all global assets under professional management.
Its website — GFMag.com — offers analysis and articles that are the heritage of 29 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.
Basware is the global leader in providing networked purchase-to-pay solutions, e-invoicing and innovative financing services. Basware’s commerce and financing network connects businesses in more than 100 countries and territories around the globe. As the largest open business network in the world, Basware provides scale and reach for organizations of all sizes, enabling them to grow their business and unlock value across their operations by simplifying and streamlining financial processes. Small and large companies around the world achieve significant cost savings, more flexible payment terms, greater efficiencies and closer relationships with their suppliers. The company’s North American business, Basware, Inc., is headquartered in Stamford, Conn. Find out more at www.basware.com.