Press release

Basware Appoints Blair Tolbard General Manager for North America

Sponsored by Businesswire

, the global leader in networked source-to-pay solutions,
e-invoicing and innovative financing services, is pleased to welcome
Blair Tolbard as its General Manager and Vice President of Sales for
North America, effective June 3, 2019. Tolbard, a veteran of the
enterprise software industry, recently served as Group Vice President of
Sales for JAGGAER.

“Our team in North America is brimming with tremendous talent; Blair,
with his results-driven nature and track record of building and
nurturing highly effective teams, is exactly the type of leader we need
to take us to the next level in our largest market,” stated Klaus
Andersen, CTO and interim CEO, Basware. “Blair’s extensive sales, sales
leadership and operational background provide him with the skills to
accelerate companies to exponential business growth, increased revenues,
and organizational excellence. We’re excited to see those skills at work
here at Basware.”

Prior to JAGGAER, Blair was a Co-Founder and President of MiCore
Solutions – a technology consulting and remote application management
company. During his career, he has also held senior positions at Oracle
Corporation and IBM.

“I am thrilled to join Basware, a company with industry leading software
and a reputation for excellence,” stated Tolbard. “The North American
market for networked purchase-to-pay solutions, e-invoicing and
innovative financing services represents an amazing opportunity — and
Basware is positioned perfectly to serve companies looking to achieve
100% spend visibility in their digital transformation efforts. It is an
exciting time.”

About Basware

Basware offers the largest open business network in the world and is the
global leader in providing networked purchase-to-pay solutions,
e-invoicing and innovative financing services. Our technology empowers
organizations with 100% spend visibility by enabling the capture of all
financial data across procurement, finance, accounts payable and
accounts receivable functions. Basware is a global company doing
business in more than 100 countries and is traded on the Helsinki
exchange (BAS1V: HE).

More information about Basware is available at