Could Have Been a Contender - Management to Blame - Vice President Basware Employee Review

1.0
30 Jan 2020
Recommend
CEO approval
Business outlook

Pros

Used to be a good place to work but leadership at executive levels have led to bad decisions in personnel, product directions, and strategy.

Cons

Company results have been flat to negative for a number of years. Company willingly tried to position itself to be acquired. Financing deal last year will most likely severly impact the future of the company. They gave up almost 7% of the company stock in order to receive a 50+ million euro loan for 5 years at 8.75% interest. Money is cheap these days, it is a major tell when the best deal a company can get is these terms.

Explore other reviews about Basware

5.0
18 Dec 2025
Recommend
CEO approval
Business outlook

Pros

Culture Product People Roadmap Executives

Cons

Process, constantly changing GTM and strategy

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Basware Response
4mo
Thank you for your thoughtful feedback. We’re glad to hear that your overall experience as a Baswarean is positive when it comes to our culture, people, product, and leadership team. As a growing organization, we are working to ensure that we have the best GTM approach that support our customers and partners, ultimately enabling our teams to succeed. We are optimistic that during 2026 we will have stablished our approach which so far is bringing in great results. Thank you for taking the time to share your perspective - this is very valuable - and thank you for your ongoing contribution. Warm regards, Jane Broberg Chief Human Resources Officer
1.0
1 June 2026
Recommend
CEO approval
Business outlook

Pros

They pay for all airfare with the Corp Credit card

Cons

Started an account expansion team in 2026, led by an inexperienced RVP with little to no management skills and a very tactical approach. Product enablement in Finland did not translate to what customers owned. 5 weeks before accounts were assigned. Another 2 weeks before comp plans were issued. ARR price points were a fraction of what was communicated during the interview process. No customer information available in SFDC. Needed to access multiple systems to find contracts and customer entitlements. The expense reporting system is almost unusable.

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