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Basware signs partnership agreement with Fitek Slovakia to increase presence in Central Eastern Europe

08 October 2018

Basware signs partnership agreement with Fitek Slovakia to increase presence in Central Eastern Euro

Espoo, Finland, 8 October 2018 — Basware (Nasdaq: BAS1V), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, and Fitek Slovakia, a market trendsetter in financial automation processes in Central Europe, have entered into a partnership where Fitek Slovakia will have the opportunity to offer Basware’s accounts payable automation solution to Slovakia and surrounding countries.

“We are excited to expand our partner base in Central Eastern Europe. Basware technology combined with Fitek deep market knowledge is a winning formula for enterprise customers of all sizes,” says Ilari Nurmi, SVP Business Development & Alliances, Basware.

The cooperation covers the Central Eastern European market for invoice processing, accounts payable automation and Basware Network Services.

“I’m delighted that Basware has recognized Fitek as a fast-growing and successful company in Central Eastern Europe. Our service portfolios complement each other and both parties understand the business and trends. I’m sure together we bring the future of e-services to CEE region,“ declares Ján Mindek, Managing Director, Fitek Slovakia.

Fitek is the market leader in financial automation processes. Fitek lowers the costs of customers by optimizing and accelerating their financial processes. The company operates in Estonia, Latvia, Lithuania, Slovakia, Serbia and Bosnia and Herzegovina. Fitek employs more than 240 people.