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Monday, February 26, 2024

Finnish Aibidia elevates cross-border business management with appointment of former SAP executive, Matthias Grabellus, as Chief Product Officer

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Helsinki-based Aibidia has made a strategic move by appointing Matthias Grabellus, formerly associated with Celonis and SAP, as its Chief Product Officer and renowned for his pivotal role in shaping SAP’s groundbreaking S/4HANA platform. The company is focused on fortifying its purpose-built platform, anticipating a transformative impact on how global professionals navigate cross-border complexities, generating substantial value for clients on a global scale. Aibidia aims to leverage Grabellus’s proven expertise to reshape the cross-border management landscape.

Founded in 2018, Aibidia is a leader in cross-border business management, offering advanced technology solutions for multinational enterprises. With over 5,000 legal entities managed and an average client revenue of 7 billion Euros, the company focuses on transforming global business operations. Recent highlights include significant customer expansion across 12 countries, international office openings in the UK and Germany, and strategic partnerships with industry giants like Delivery Hero and AUTO1 Group.

Matthias joined Aibidia from Celonis and SAP, where he played an instrumental role. At SAP, he led the overall SAP Finance and GRC (Governance, Risk and Compliance) portfolio accelerating SAP’s software development. He laid the groundwork for the foundational S/4HANA platform by successfully introducing the revolutionary Universal Journal which brings accounting-related data to a single platform. His innovative approach reshaped SAP’s ERP offerings and established a new industry standard for efficiency and performance. He now brings his expertise to Aibidia to lead the development of a unified platform that will revolutionize the cross-border management industry.

His appointment marks a milestone in Aibidia’s breakthrough year, highlighted by significant customer expansion in 12 different countries across 3 continents, including the recent addition of German tech giants Delivery Hero and AUTO1 Group. Throughout the year, Aibidia has also opened its first international offices in the UK and Germany following a successful Series A funding round.

Looking ahead, Matthias is focused on building the Aibidia platform to its fullest potential.

“Our domain-specific understanding of the underlying source SAP data will enable us to develop the end-to-end platform, that’s not just functional but transformative. It will change how professionals manage cross-border business, enabling them to create more value streams for their clients and their companies.”

Aibidia, Hannu-Tapani Leppänen, Matthias Grabellus
Aibidia’s CEO and Founder Hannu-Tapani Leppänen is excited to see the impact of hiring new CPO

Commenting on his appointment, Hannu-Tapani Leppänen, Chief Executive Officer and Founder at Aibidia added, “Having Matthias on our team is a significant step forward for Aibidia. His expertise, remarkable achievements at SAP, and forward-thinking approach are exactly what Aibidia needs as we’re creating a purpose-built platform that brings a common language to cross-border business management. We’re excited to see the impact he will have.”

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Nurcin Metingil
Nurcin Metingil
A permanent student, a passionate first reader and nowadays doing master’s degree in Publishing Management. Beside these, I am up for games! I have been playing games since I was 6. Now, I am whispering "Business. Business. Numbers. Is this working?"

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