Basware Announces Major Global Expansion Drive as Bookings Grow 52% in 2023 [Yahoo! Finance]
ALSTOM UNSP/ADR (ALSMY)
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Source: Yahoo! Finance
expansion plans as Bookings rose 52 per cent and Recurring Revenue Growth accelerated year-over-year (YoY) in 2023. In 2023, Basware acquired Glantus alongside expanding its footprint globally, including markets such as APAC and Southern Europe . Basware has ambitious plans to continue its expansion across the US, Europe and APAC with further investment in customer growth, AI innovation, compliance and fraud prevention expected this year. Last year, the company made several key hires including Jason Kurtz as CEO to lead the company's growth strategy. Basware also welcomed Steve Canning as Chief Revenue Officer and Mark Johnston as Chief Customer Success Officer to drive growth and value for customers throughout the sales and customer cycle. Over 2023, following a rebrand and focus on AP (accounts payable) automation, Basware expanded with more than 100 high-profile brands including DHL Express and Alstom , while adding to its global portfolio of 900+ AP customers. It maintained
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