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Remove from comparisonBasware AP Automation

Basware AP Automation

Basware AP Automation is an accounts payable automation platform that automates the full invoice-to-pay process for large, complex organizations. It captures invoices across any channel such as PDF, email, paper, EDI, and structured e-invoices via the Basware Network, applies AI-powered data extraction and coding, and routes them through configurable approval workflows with PO matching and exception handling. Basware helps clients with 2/3 way invoice match, drive savings from duplicate invoices, and improve delivery productivity with overall invoice reconciliation.
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Overall Score & Breakdown

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Emerging
27/ 100
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039 Emerging4059 Capable6074 Established7589 Advanced90100 Best-in-class

Score breakdown by pillar

Buyer Sentiment
80
Profile Completeness
57

Basware AP Automation

Advanced
79/ 100
0100
039 Emerging4059 Capable6074 Established7589 Advanced90100 Best-in-class

Score breakdown by pillar

Functional Coverage
90
Market Validation
90
Buyer Sentiment
72
Deployment & TCO
50
Profile Completeness
92

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Score not available yet

Pros & Cons

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Top Pros

correctPros 1
correctPros 2
correctPros 2

Top Cons

crossCons 1
crossCons 2
crossCons 3

Basware AP Automation

Top Pros

correctDeep global e-invoicing and tax compliance coverage
correctStrong fit for complex multi-ERP, multi-entity enterprises
correctLarge supplier network with Peppol and EDI reach
correctHigh touchless processing rates achievable at scale
correctLong-established vendor with Gartner Leader recognition

Top Cons

crossEnterprise-focused pricing not ideal for SMBs
crossImplementation can be lengthy for complex ERP landscapes
crossUI has historically lagged newer cloud-native competitors
crossSupplier onboarding fees can be a friction point
crossLess aggressive on AI/automation messaging than newer entrants

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Top Pros

Top Cons

Company Size Fit

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StartupN/A
Small EnterpriseN/A
Mid-MarketN/A
Large Enterprise
High

Basware AP Automation

Startup
Low
Small Enterprise
Low
Mid-Market
Medium
Large Enterprise
High

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StartupN/A
Small EnterpriseN/A
Mid-MarketN/A
Large EnterpriseN/A
Buyer Profile

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Organization Type

Organization Type

Basware AP Automation

Procurement Maturity

L1L2L3L4L5

Best suited to finance and AP organizations with established processes looking to drive high touchless rates and global compliance.

Industries

ManufacturingRetail & eCommerceLogistics & TransportationEnergy & UtilitiesGovernment & Public SectorFood & BeverageConsumer GoodsPharmaceuticals & BiotechnologyProfessional Services / Consulting

Especially strong in large, multi-entity enterprises with cross-border invoicing in manufacturing, retail, logistics, and the public sector.

Organization Type

Large Enterprise, Mid-Market, Public Sector

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Pricing & Deployment

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Pricing Model

Freemium

Free Trial

Yes

Typical Cost Range

Typical Cost Range

Bundling Options

Bundling Options

Deployment Model

2024

Deployment Duration

12-24 weeks

Basware AP Automation

Pricing Model

Subscription, Quote-Based, Per-Invoice Volume

Free Trial

No

Typical Cost Range

$75K–$500K/Year

Pricing scales with invoice volume, number of entities/ERPs, and country compliance scope; enterprise deals commonly fall in this range.

User Tiers

Per Named User, AP Processor, Approver, Read-Only, Per Invoice Volume

Contract Length Options

Annual, Multi-Year

Bundling Options

Invoice Lifecycle Management, Source-to-Pay, Procure-to-Pay, Standalone AP Automation

Deployment Model

Cloud, SaaS

Deployment Duration

3–6 months

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Free Trial

No

Plans

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Plan 1

$2

Per user

  • Feature 1
  • Feature 2
  • Feature 2

Basware AP Automation

Basware AP Automation

Contact vendor

Custom quote

  • Multi-channel invoice capture
  • AI-based data extraction (SmartPDF)
  • PO and non-PO matching
  • Configurable approval workflows
  • ERP integration

Invoice Lifecycle Management

Not available

Custom quote

  • AP Automation included
  • E-invoice sending and receiving
  • Global tax compliance
  • Supplier portal access
  • AP Protect fraud detection

Enterprise / Global Program

$2

Custom quote

  • Multi-ERP, multi-entity rollout
  • 70+ country e-invoicing coverage
  • Peppol and CTC compliance
  • Dedicated customer success
  • Advanced analytics and benchmarking

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No plans listed

Ratings & Reviews

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4out of 5Good
StarStarStarStarStarStarStarStarStar

Based on 10 reviews

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Basware AP Automation

3.6out of 5Good
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Based on 2 reviews

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Highlights

How robust is the automated 2-way/3-way matching and exception routing? 4.0
How well does it support multi-format invoice ingestion (PDF, EDI, XML, email)? 4.0
How seamlessly does it integrate with your ERP accounts payable module? 4.0

Opportunities

How much has the platform reduced invoice processing cost per invoice? 2.5
How effective are the payment scheduling, early payment discount, and dynamic discounting features? 3.0
How effectively does the platform handle invoice capture, OCR/AI extraction, and data validation? 3.0

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How effectively does the platform handle invoice capture, OCR/AI extraction, and data validation?
How effectively does the platform handle invoice capture, OCR/AI extraction, and data validation? Best
3.0 / 5
How effectively does the platform handle invoice capture, OCR/AI extraction, and data validation?
How robust is the automated 2-way/3-way matching and exception routing?
How robust is the automated 2-way/3-way matching and exception routing? Best
4.0 / 5
How robust is the automated 2-way/3-way matching and exception routing?
How well does it support multi-format invoice ingestion (PDF, EDI, XML, email)?
How well does it support multi-format invoice ingestion (PDF, EDI, XML, email)? Best
4.0 / 5
How well does it support multi-format invoice ingestion (PDF, EDI, XML, email)?
How seamlessly does it integrate with your ERP accounts payable module?
How seamlessly does it integrate with your ERP accounts payable module? Best
4.0 / 5
How seamlessly does it integrate with your ERP accounts payable module?
How effective are the payment scheduling, early payment discount, and dynamic discounting features?
How effective are the payment scheduling, early payment discount, and dynamic discounting features? Best
3.0 / 5
How effective are the payment scheduling, early payment discount, and dynamic discounting features?
How much has the platform reduced invoice processing cost per invoice?
How much has the platform reduced invoice processing cost per invoice? Best
2.5 / 5
How much has the platform reduced invoice processing cost per invoice?
Has it measurably reduced days payable outstanding (DPO) or improved on-time payment rates?
Has it measurably reduced days payable outstanding (DPO) or improved on-time payment rates? Best
4.0 / 5
Has it measurably reduced days payable outstanding (DPO) or improved on-time payment rates?
How much manual intervention has been eliminated from the invoice-to-payment cycle?
How much manual intervention has been eliminated from the invoice-to-payment cycle? Best
4.0 / 5
How much manual intervention has been eliminated from the invoice-to-payment cycle?
How easy is it for AP staff to manage exceptions and resolve discrepancies?
How easy is it for AP staff to manage exceptions and resolve discrepancies? Best
4.0 / 5
How easy is it for AP staff to manage exceptions and resolve discrepancies?
How effectively does the platform provide real-time visibility into payment status and liabilities?
How effectively does the platform provide real-time visibility into payment status and liabilities? Best
3.5 / 5
How effectively does the platform provide real-time visibility into payment status and liabilities?
How well does it handle multi-entity, multi-currency, and cross-border payment scenarios?
How well does it handle multi-entity, multi-currency, and cross-border payment scenarios? Best
4.0 / 5
How well does it handle multi-entity, multi-currency, and cross-border payment scenarios?
Integration & Compatibility

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Typical Integration Time

1-2 weeks

Integration Cost Range

100-200

Prebuilt Connectors

Yes

ERP Compatibility

SAP, Oracle

Third-Party API Support

Available

Supplier Network Integration

High

Basware AP Automation

Typical Integration Time

6–12 weeks

Integration Cost Range

$25K–$150K

Prebuilt Connectors

SAP, Oracle, Microsoft Dynamics, NetSuite, Workday, Coupa, DocuSign

ERP Compatibility

SAP, SAP S/4HANA, Oracle, Oracle NetSuite, Microsoft Dynamics 365, Workday, Infor, IFS, Unit4

Third-Party API Support

REST APIs, Webhooks, EDI, cXML, Peppol, SFTP

Supplier Network Integration

Basware Network, Peppol, EDI, cXML, Email-to-Invoice, Supplier Portal

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No integration data available

Global & Regional

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Languages & Local Support

EnglishHindiFrench

Data Residency & Compliance

Data Residency & Compliance

Regulatory & Tax Compliance

Regulatory And Tax Compliance

Public Sector Availability

Yes

Basware AP Automation

Regions Served

GlobalEuropeNorth AmericaAsia PacificMiddle East & AfricaLatin America

Languages & Local Support

EnglishFinnishSwedishGermanFrenchSpanishItalianDutchNorwegianDanishPolish

Data Residency & Compliance

GDPRSOC 1SOC 2ISO 27001

Regulatory & Tax Compliance

VATGSTPeppolCTC-ready

Public Sector Availability

Yes

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No regional data available

Differentiators

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Basware AP Automation

AI & Touchless Processing Capability

Basware markets its 'SmartPDF' and AI-driven capture along with autonomous AP capabilities, and publicly claims customers achieving 90%+ touchless processing rates. Its AI is trained on the company's own multi-billion invoice dataset from the Basware Network, giving it a strong supplier-specific learning advantage. In 2024 Basware launched AP Agents — purpose-built AI agents for coding, matching and exception handling.

Invoice Capture Intelligence

Basware ingests invoices via PDF, email, scan, EDI, cXML/XML and true e-invoicing through the Basware Network, which connects to Peppol and 220+ interoperability partners. SmartPDF converts unstructured PDFs into structured e-invoice data without supplier-side effort, a key differentiator vs pure OCR tools. Header and line-item extraction are continuously improved per supplier.

Workflow Flexibility

Configurable multi-level, parallel and sequential approval routing with thresholds by entity, cost centre, GL, project and amount. Supports delegation, escalation and out-of-office logic, plus a business rules engine for custom validations. Workflows are administered through a no-code configuration UI.

ERP Integration Depth

Basware has SAP-certified integration (including S/4HANA add-on) and certified or productised connectors for Oracle EBS, Oracle Cloud ERP, Microsoft Dynamics 365, Workday Financials, Infor, Unit4 and NetSuite. Multi-ERP customers can run a single AP platform across heterogeneous backends, which is a key reason large multinationals select Basware.

Supplier Experience & Portal

The Basware Network is one of the largest open business networks in AP, with millions of connected suppliers and free supplier-side invoice submission via portal, PDF email or e-invoice. Suppliers do not pay transaction fees on the network, which accelerates onboarding compared to closed networks.

Global Compliance & Tax Support

Basware provides e-invoicing compliance in 70+ countries, covering Peppol, Chorus Pro, SDI, ZATCA, KSeF, CFDI, MyInvois and other mandates, with continuous updates as regulations evolve. It is recognised by Gartner and IDC as a leader in global e-invoicing compliance. Tax validation supports VAT, GST, withholding and sales tax with country-specific rules.

Exception Handling Capability

Exceptions are auto-categorised (price, quantity, missing PO, tax, duplicate) and routed via configurable rules to AP, buyers or suppliers. Supplier communication for discrepancy resolution can be triggered directly from the exception workflow. Root-cause analytics are surfaced via Basware Analytics.

Analytics & AP Insights

Basware Analytics provides pre-built dashboards on cycle time, touchless rate, exception reasons, DPO, accruals and supplier behaviour, benchmarked against Basware Network peers. Customers can drill into supplier-level performance and exception root causes. Benchmarking against anonymised network data is a notable differentiator.

Scalability & Performance

Basware processes over 200 million invoices annually across its customer base and supports customers running millions of invoices per year on a single tenant. The cloud platform supports multi-entity, multi-ERP, multi-country deployments with shared service centre operating models. Performance is proven at Fortune 500 / FTSE 100 scale.

Autonomous AP / AI Agent Readiness

In 2024 Basware introduced 'AP Agents' — AI agents for coding, matching, exception resolution and supplier communication — positioning the platform toward autonomous AP. Combined with its long-standing AI capture and the Basware Network data moat, it is one of the more credible vendors on the autonomous AP roadmap. Agents are productised within the existing AP Automation suite rather than a separate SKU.

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Company & Market

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Customer Base

Customer Base

Revenue Band

Revenue Band

Awards & Recognition

Awards and Recognition

Basware AP Automation

Customer Base

Used by global enterprises including Heineken, DHL, Honeywell, Finnair, and a large base of European public-sector buyers.

Awards & Recognition

Recognized as a Leader in the Gartner Magic Quadrant for Accounts Payable Invoice Automation and named in IDC MarketScape reports for AP automation and e-invoicing.

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Tags

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No tags

Basware AP Automation

Spend ManagementAP AutomationInvoice CapturePO MatchingE-InvoicingThree-Way MatchingTouchless ProcessingPeppol NetworkInvoice WorkflowFinance AutomationInvoice AutomationTax ComplianceSupplier NetworkInvoice-to-Pay

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