Basware Exec Named ‘Pro to Know’ by Supply & Demand Chain Executive Magazine

Stamford, CT - 25 February 2014

Ilari Nurmi Recognized for Helping Companies Leverage Financial Automation to Gain Value in a Connected World

Basware, the leading provider of e-invoicing and purchase-to-pay solutions, today announced that Ilari Nurmi, the company’s senior vice president of products and services, has been named a 2014 “Provider Pro to Know” by Supply & Demand Chain Executive magazine. Nurmi was awarded this recognition for helping companies increase financial automation and gain critical value in today’s connected business environment. He has enabled organizations to save significant time, money and eliminate paper-based invoices as well as more effectively manage spend, cash flow, working capital and payments to suppliers.

“The 2014 ‘Pros to Know’ is an elite group of professionals who have helped companies achieve significant value and competitive advantage. They exemplify the talent, knowledge, skills and effort needed to shape and advance the industry,” said Barry Hochfelder, editor of Supply & Demand Chain Executive.

Nurmi is helping to spearhead solutions based on the cloud, mobility and analytics. He has led Basware initiatives during the past year, including managing an expanded portfolio through new partnerships; introducing new products and services; expanding Basware’s cloud-based open e-invoicing platform, the Basware Commerce Network; and engaging customers in the adoption of e-invoicing.

Nurmi also is working with the Basware team and MasterCard to develop and introduce a new electronic payment service. This service, which is the first of its kind in the industry, will change the way businesses around the world pay and get paid. The combined global B2B payment solution will ensure that suppliers are quickly paid upon invoice approval, while extending payment terms for buyers.

“I am honored that Supply & Demand Chain Executive has selected me as a ‘Pro to Know,’ said Nurmi. “This recognition is a result of the efforts of the entire Basware team to help organizations achieve value in an increasingly connected world. We are committed to providing financial process solutions and services that will help them achieve operational excellence and critical business benefits.”

The 2014 “Provider Pros to Know” award recognizes individuals from software firms and service providers, consultancies or academia who have helped companies or the supply chain community at large meet the significant challenges of today’s business climate, and who have demonstrated leadership in moving the industry forward.

The full listing of the 2014 ‘Pros to Know’ will be available in the March 2014 issue of Supply & Demand Chain Executive magazine and on the Supply & Demand Chain Executive Web site.

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