Basware's CEO Named 'Pro to Know' by Supply & Demand Chain Executive Magazine

22 February 2012


Esa Tihilä Recognized for Promoting Effective Financial Management Through Basware Open Network; Helping Companies Cut Costs, Gain Visibility and Control

Basware, the global leader in purchase-to-pay solutions, today announced that Esa Tihilä, the company’s CEO, has been named a 2012 Provider Pro to Know by Supply & Demand Chain Executive magazine. The 2012 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.

“The men and women included in the 2012 Pros to Know exemplify the talent, knowledge, skills and effort necessary for supply chain leadership. They are an elite group leading the industry and their own enterprises into the evolving future,” said Barry Hochfelder, editor of Supply & Demand Chain Executive.

Tihilä was recognized for helping more than 1,000,000 Basware users around the world implement strong financial practices, and purchase-to-pay and e-invoicing solutions to achieve significant business benefits. Some of these benefits include managing cash flow, spend and working capital management; managing and strengthening supplier relationships and reducing supplier risk; substantially reducing costs; and gaining visibility and control throughout the financial value chain.

Tihilä was named CEO of Basware in Oct. 2011, and has been a member of the executive team at Basware since 2005.  He has been a driving force in helping Basware establish and grow the largest global open network in the world for e-invoicing. Unlike the traditional, closed networks, the Basware Open Network enables suppliers to easily connect with buyers regardless of the data format or back-end system being used. In addition, Tihilä was recently named Chair of the European E-invoicing Service Providers Association (EESPA), responsible for promoting interoperability and the creation of an interoperable eco-system, and advocating and supporting the wide adoption of e-invoicing, among other responsibilities.

“I am honored to be chosen as a Pro to Know by Supply & Demand Chain Executive,” said Tihilä.  “Along with the entire Basware team, I remain committed to helping companies implement strong financial practices and solutions to achieve operational excellence and business benefits.” 

The full listing of the 2012 Pros to Know will be available in the March 2012 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

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