Basware appoints new chief revenue officer

Basware, a global leader in invoice lifecycle management, has appointed Mark McCarthy as chief revenue officer, as the company continues to accelerate growth and reinforce its leadership in invoice lifecycle management.

McCarthy brings more than 30 years’ experience in digital transformation and financial software, including senior roles at SAP and Coupa. 

He most recently served as Basware’s chief of staff and as operating partner at investor Accel-KKR, supporting the company’s commercial strategy.

Mark said: “Basware has a rich history of innovation in invoice automation and I’ve long-been an admirer from the outside. 

“Now, as businesses navigate an increasingly complex financial landscape, Basware's role as a strategic partner has never been more critical. 

“I’m excited to take over from the strong foundation set by Steve Canning and lead our go-to-market sales strategy to deliver even greater value to our customers.” 

He succeeds Steve Canning, who will remain with Basware in a sales advisory role after leading the business to record-breaking growth.

Steve added: “Leading Basware's sales strategies has been a privilege, and I am immensely proud of what we have achieved. 

“Having recently been named a leader in the Gartner Magic Quadrant, Basware’s market position is stronger than ever. 

“I am excited to hand over the baton to Mark and retire from a full-time role into my new sales advisory role. 

“The company will continue to drive innovation and deliver outstanding value to customers, and I look forward to continuing to support Basware.”

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