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plusBasware (Procure-to-Pay)

Basware (Procure-to-Pay)

Basware Procure-to-Pay helps organizations automate purchasing and invoice processing while ensuring regulatory compliance through its global e-invoicing network and supplier connectivity.
Starting at
Pricing not available
plusIvalua (Procure-to-Pay)

Ivalua (Procure-to-Pay)

Ivalua is a global provider of unified source-to-pay software that enables organizations to manage sourcing, procurement, supplier management, contract lifecycle management, invoicing, and spend analytics within a single, modular and configurable platform that integrates with all the major ERPs.
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3.2
18
Starting at
Pricing not available
plusCorcentric (Procure-to-Pay)

Corcentric (Procure-to-Pay)

Corcentric Procure-to-Pay is a cloud-based procurement automation platform that digitizes purchasing, supplier management, invoice processing, and payment workflows. The platform helps organizations improve spend visibility, enforce procurement policies, and streamline supplier collaboration across the entire procure-to-pay lifecycle.
StarStarStarStarStarStarStarStar
2.3
4
Starting at
Pricing not available

Market Segment

Entry-Level Pricing

Pricing not available

Free Trial Not Available

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3.2

(18)

Market Segment

Entry-Level Pricing

Pricing not available

Free Trial Not Available

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2.3

(4)

Market Segment

Entry-Level Pricing

Pricing not available

Free Trial Not Available

Overall Score & Breakdown

Basware (Procure-to-Pay)

Emerging
8/ 100
0100
039 Emerging4059 Capable6074 Established7589 Advanced90100 Best-in-class

Ivalua (Procure-to-Pay)

Score not available yet

Corcentric (Procure-to-Pay)

Emerging
8/ 100
0100
039 Emerging4059 Capable6074 Established7589 Advanced90100 Best-in-class

Score breakdown by pillar

Buyer Sentiment
46
Categories

Basware (Procure-to-Pay)

Ivalua (Procure-to-Pay)

Corcentric (Procure-to-Pay)

Pros & Cons

Basware (Procure-to-Pay)

Top Pros

correctStrong invoice automation - Basware focuses heavily on AI-driven invoice automation, helping organizations reduce manual AP work and improve efficiency.
correctHigh touchless processing rates - the platform can achieve ≈89% touchless invoice processing, making it one of the strongest solutions for AP automation.
correctLarge global supplier network - Basware’s network connects businesses globally and supports electronic document exchange with suppliers across many countries.
correctStrong ERP integration - Basware integrates with 250+ ERP systems, making it suitable for complex multi-ERP enterprise environments.
correctGlobal compliance support - the platform supports global e-invoicing standards and tax compliance through its invoice network and compliance engine.

Top Cons

crossInvoice-centric focus - Basware’s strongest capabilities are in AP automation and invoicing, while procurement features may be less comprehensive than some competitors.
crossComplex implementation for large enterprises - large global deployments and multi-ERP integrations can increase implementation complexity.
crossSupplier onboarding effort - organizations may need to enable and onboard suppliers to the network to achieve full automation benefits.
crossLimited pricing transparency - pricing is typically not publicly available and requires direct vendor engagement and negotiation.
crossBest for high invoice volumes - Basware solutions are often optimized for organizations processing tens of thousands of invoices annually, making them less ideal for smaller companies.

Ivalua (Procure-to-Pay)

Top Pros

correct1. End-to-end source-to-pay coverage - Ivalua provides a unified platform covering sourcing, supplier management, contracts, procurement, invoicing, and analytics, allowing organizations to manage the entire procurement lifecycle in one system.
correct2. High configurability and flexibility - the platform includes no-code / low-code configuration, enabling companies to tailor workflows, approval chains, and processes to their specific procurement policies without heavy custom development.
correct3. Strong spend visibility and analytics - Ivalua provides 360° spend visibility and advanced analytics, helping procurement teams analyze spending patterns, monitor compliance, and identify savings opportunities.
correct4. Supplier collaboration and risk management - the platform supports supplier onboarding, performance tracking, and risk monitoring, helping organizations manage supplier relationships and reduce supply-chain disruptions.
correct5. Automation and efficiency gains - automated workflows such as invoice processing, approvals, and compliance controls reduce manual effort and speed up procurement processes.

Top Cons

cross1. Complex Implementation for large deployments - because the platform is highly configurable and enterprise-grade, implementation can be complex and require consulting support, especially for global rollouts.
cross2. Performance issues reported by some users - some users report occasional slow performance or system glitches, particularly after upgrades.
cross3. Requires change management - organizations transitioning from legacy procurement systems may need significant user training and process redesign to fully adopt the platform.
cross4. Cost for enterprise deployment - enterprise S2P platforms like Ivalua typically involve higher licensing and implementation costs, especially when deploying multiple modules.
cross5. Complexity for smaller organizations - because it is designed for mid-market and large enterprises, the platform can feel overly complex for smaller procurement teams.

Corcentric (Procure-to-Pay)

Top Pros

correctIntegrated procurement and finance automation platform.
correctStrong supplier portal and collaboration capabilities.
correctGood ERP integration ecosystem.
correctImproves spend visibility and procurement compliance.
correctSupports both procurement and accounts payable automation.

Top Cons

crossSupplier network smaller than leading procurement marketplaces.
crossImplementation may require ERP integration effort.
crossAdvanced analytics features may require additional tools.
crossPlatform awareness and market presence lower than top-tier vendors.
crossCustomization may require configuration expertise.
Company Size Fit

Basware (Procure-to-Pay)

StartupN/A
Small EnterpriseN/A
Mid-Market
High
Large EnterpriseN/A

Ivalua (Procure-to-Pay)

StartupN/A
Small EnterpriseN/A
Mid-Market
Medium
Large EnterpriseN/A

Corcentric (Procure-to-Pay)

StartupN/A
Small EnterpriseN/A
Mid-Market
Medium
Large EnterpriseN/A
Buyer Profile

Basware (Procure-to-Pay)

Procurement Maturity

L1L2L3L4L5

Industries

ManufacturingRetailFinancial ServicesPublic SectorHealthcareand Energy with strong compliance and e-invoicing requirements.

Ivalua (Procure-to-Pay)

Procurement Maturity

L1L2L3L4L5

Industries

ManufacturingAutomotiveAerospace & DefenseFinancial ServicesPharmaRetailEnergyTelecomand Public Sector

Corcentric (Procure-to-Pay)

Procurement Maturity

L1L2L3L4L5

Industries

RetailManufacturingHealthcareTransportation & LogisticsEnergyand Financial Services.
Pricing & Deployment

Basware (Procure-to-Pay)

Pricing Model

Subscription-based SaaS pricing typically aligned to transaction volume (e.g., invoices), modules, and deployment scope.

Typical Cost Range

Mid to high enterprise pricing depending on invoice volume, geographic coverage, and integration complexity.

Deployment Model

Cloud-based SaaS solution with global e-invoicing network capabilities.

Deployment Duration

Typically 8–16 weeks depending on scope, integrations, and geographic rollout.

Ivalua (Procure-to-Pay)

Pricing Model

Subscription-based SaaS licensing

Typical Cost Range

Mid-to-high enterprise pricing tier depending on modules, users, and scope - starts from ~$200,000

Deployment Model

Cloud-native SaaS (multi-tenant and private cloud options); also supports hybrid deployments

Deployment Duration

12–24 weeks (mid-market); 6–12 months (large enterprise global deployments)

Corcentric (Procure-to-Pay)

Pricing Model

Subscription-based SaaS with optional transaction-based and managed service pricing.

Typical Cost Range

Mid-to-enterprise pricing depending on service bundle and transaction volume.

Deployment Model

Cloud-based SaaS with optional managed services model.

Deployment Duration

Typically 8–16 weeks depending on integration scope and service components.

Ratings & Reviews

Basware (Procure-to-Pay)

No reviews yet.

Ivalua (Procure-to-Pay)

3.2out of 5Average
StarStarStarStarStarStarStarStarStar

Based on 18 reviews

View reviews →

Corcentric (Procure-to-Pay)

2.3out of 5Poor
StarStarStarStarStarStarStarStar

Based on 4 reviews

View reviews →

Highlights

How robust is the invoice matching (2-way, 3-way) and exception handling? 3.0
How well does it enforce purchasing policies and approval workflows? 3.0
Has the platform reduced maverick/off-contract spending measurably? 3.0

Opportunities

How well does the platform handle the full requisition-to-payment lifecycle? 1.3
How seamlessly does it integrate with your ERP and financial systems? 1.5
How much has it improved invoice processing efficiency and reduced manual touchpoints? 1.8
How well does the platform handle the full requisition-to-payment lifecycle?
How well does the platform handle the full requisition-to-payment lifecycle?
How well does the platform handle the full requisition-to-payment lifecycle? Best
1.3 / 5
How effective are the guided buying / catalog management capabilities?
How effective are the guided buying / catalog management capabilities?
How effective are the guided buying / catalog management capabilities? Best
2.5 / 5
How robust is the invoice matching (2-way, 3-way) and exception handling?
How robust is the invoice matching (2-way, 3-way) and exception handling?
How robust is the invoice matching (2-way, 3-way) and exception handling? Best
3.0 / 5
How well does it enforce purchasing policies and approval workflows?
How well does it enforce purchasing policies and approval workflows?
How well does it enforce purchasing policies and approval workflows? Best
3.0 / 5
How seamlessly does it integrate with your ERP and financial systems?
How seamlessly does it integrate with your ERP and financial systems?
How seamlessly does it integrate with your ERP and financial systems? Best
1.5 / 5
Has the platform reduced maverick/off-contract spending measurably?
Has the platform reduced maverick/off-contract spending measurably?
Has the platform reduced maverick/off-contract spending measurably? Best
3.0 / 5
How much has it improved invoice processing efficiency and reduced manual touchpoints?
How much has it improved invoice processing efficiency and reduced manual touchpoints?
How much has it improved invoice processing efficiency and reduced manual touchpoints? Best
1.8 / 5
Has it shortened your average procure-to-pay cycle time?
Has it shortened your average procure-to-pay cycle time?
Has it shortened your average procure-to-pay cycle time? Best
2.5 / 5
How easy is the requisitioning experience for casual/non-procurement end-users?
How easy is the requisitioning experience for casual/non-procurement end-users?
How easy is the requisitioning experience for casual/non-procurement end-users? Best
2.5 / 5
How well does the mobile experience support approvals and on-the-go purchasing?
How well does the mobile experience support approvals and on-the-go purchasing?
How well does the mobile experience support approvals and on-the-go purchasing? Best
2.5 / 5
How effective is the platform at handling tail-spend purchases within the P2P flow?
How effective is the platform at handling tail-spend purchases within the P2P flow?
How effective is the platform at handling tail-spend purchases within the P2P flow? Best
2.0 / 5
Would you recommend this solution to a peer CPO?
Would you recommend this solution to a peer CPO?
Would you recommend this solution to a peer CPO? Best
2.5 / 5
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