Basware bolsters C-suite leadership, expanding Invoice Lifecycle Management expertise to address market trade tariffs
As global economic turbulence persists – with Goldman Sachs recently forecasting a 45% chance of a U.S. recession this year – cost optimization has become a priority for CFOs once again. Rising pressures from volatile trade tariffs to e-invoicing mandates are compounding the urgency for finance transformation.
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Against this backdrop, finance leaders are in the midst of complex and costly SAP S/4 HANA migrations, forcing them to rethink their approach to finance operations. Legacy Enterprise Resource Planning (ERP) systems alone cannot meet today’s demands, and CFOs are increasingly turning to specialist Invoice Lifecycle Management providers to fill critical gaps in their core ERP systems and future-proof their operations.
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These ERP upgrades can cost large enterprises from tens of millions to hundreds of millions of dollars depending on complexity and number of users, as well as years of implementation time. As a result, it’s critical to gain complete control over all invoices, everywhere – driving demand for AI-powered Invoice Lifecycle Management platforms that integrate seamlessly into ERP environments.
Leadership hires to support a new standard of invoice expertise
To extend its Invoice Lifecycle Management capabilities, Basware has appointed Katarina Paasi as Chief of Staff.
This expansion of the C-suite leadership team reinforces Basware’s commitment to delivering Invoice Lifecycle Management at scale – meeting the growing demands of enterprises seeking to cut costs, transform finance operations, and stay compliant amid rising pressures.
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With over a decade at Basware and 25 years in operations, Paasi brings deep institutional knowledge and an execution-focused approach. As Chief of Staff, she will focus on strengthening internal governance, aligning strategic priorities, and enabling operational excellence across teams.
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Source – PR Newswire
