Basware Oyj
Basware Oyj is a Finnish software company specializing in cloud-based Invoice Lifecycle Management, Accounts Payable (AP) automation, and procure-to-pay solutions. Headquartered in Espoo, Finland, the company's mission is to deliver true automation for finance teams, ensuring compliance, digitizing invoices, and enabling touchless invoice processing for its global customer base.
Basware offers a comprehensive suite of products and services, including its Invoice Lifecycle Management platform, a global e-invoicing network, e-procurement, SmartCoding, and advanced InvoiceAI with intelligent agents for enhanced automation. The company's solutions also encompass SmartPDF, Invoice Matching, AP Assurance, AP Protect, AP Audit & Recovery, and Statement Matching. Basware serves global enterprises across various industries such as automotive, healthcare, construction, education, energy, and consumer goods.
Jason Kurtz serves as the CEO of Basware, a position he assumed permanently in 2023. In recent developments, Basware acquired AP Matching in 2024 to strengthen its statement matching capabilities and launched new AI agents within its InvoiceAI platform in late 2025 and early 2026, focusing on intelligent automation for finance professionals. The company also achieved French tax certification ahead of the 2026 e-invoicing mandate. Celebrating its 40th anniversary in 2025, Basware reported processing over 2 billion invoices and managing $10.1 trillion in business spend. Basware was taken private in August 2022 by a consortium led by Accel-KKR.
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