Finnish fintech innovator, Basware, announces the hiring of Barrett Schiwitz as the new Chief Information Officer (CIO) and Anssi Ruokonen as the Head of AI Research and Enablement. These hires underscore the company’s commitment to accelerate its digital transformation journey.
Both Schiwitz and Ruokonen bring substantial industry experience. Schiwitz will oversee the management of information systems, leveraging his thirty year career at Snap One. The goal is to lead a system makeover across departments with a keen eye towards improving customer engagement.
This transformation represents a significant change for Basware, with the customer experience set to be enhanced significantly. Such change initiatives put Basware a step ahead, setting the stage for critical advances in industry innovation.
Ruokonen, on the other hand, formerly the chief product officer at AI company Fluentic, is set to head the AI trajectory at Basware. A key strategy is to zero-in on AI technology to bolster its services, signaling the commitment to optimizing operational efficiencies.
Ruokonen’s AI expertise will drive major progress in their AI applications, reshaping process automation and data analysis models. With an intensified focus on AI, customers can expect heightened service offerings. This dedication to AI technology highlights Basware’s innovation, elevating the company’s industry reputation.
Recognizing the potential of AI, Basware estimates a business impact of over $4.4 trillion across global sectors. The belief in AI’s potential drives Basware’s forward-thinking approach, marking the company’s pledge to leading-edge technology.
Established in 1985, Basware has earned trust as a fintech solutions provider, especially noted for its accounts payable automation and invoice processing platform. Handling over 220 million invoices annually, the platform integrates with business systems in real-time, a feature cited as key to its success.
As a fintech industry stalwart, Basware continues to innovate and adapt. Successfully meeting the needs of diverse businesses for over three decades, the company has built a faithful customer base. This loyalty is owing to its user-friendly platform and dedicated customer service.
