Basware is a cloud platform that provides networked purchase-to-pay solutions, e-invoicing, and financing services for businesses. It offers scale and reach for organizations of all sizes, enabling them to grow their business and unlock value across their operations by simplifying and streamlining financial processes.
Basware’s commerce and financing network connects businesses in over 100 countries and territories around the globe. It is also touted as the largest open business network in the world. As a financial solution, small and large companies across the globe get to achieve significant cost savings, more flexible payment terms, greater efficiency and closer relationships with their suppliers.
Show MoreBasware provides actionable insights across purchase-to-pay processes with a ready-to-go analytics solution that empowers everyone with the visibility they need to make better financial decisions. It delivers real-time insights to proactively manage spend and financial performance, identify process bottle-necks, improve cash flow and enhance supplier relationships. Its e-Procurement maximizes end-user adoption so users can control spending while improving contract compliance, catalog content capture, purchase requisitioning and ordering processes. The platform makes it simple for trading partners to connect, collaborate, and transact anywhere in the world.
Basware also offers accounts payable software that incorporates cloud, collaboration, and mobility in a purchase-to-pay solution for a more engaging and accessible solution in the invoice handling process. Invoicing itself is convenient and paperless, thanks to a combination of e-invoicing and a global scan and capture service. The solution can also be easily integrated with any existing ERP and materials management application, helping businesses adapt to meet the changing needs.
With its eProcurement solution, Basware helps streamline the purchasing process to drive process efficiency, compliance, and control. It also increases contract visibility, control and compliance across the purchase-to-pay process by making agreements available in real-time within the e-procurement system while its collaborative tools make it possible for businesses to easily conduct sourcing events with electronic requests for quotes (eRFQ), find new sources of supply, reduce transaction costs, and strengthen existing supplier relationships.
Show MoreBecause companies have distinct business requirements, it is logical they steer clear of going for an all-in-one, ideal software solution. However, it is almost impossible to stumble on such application even among widely used software products. The practicable step to do is to note down the numerous vital aspects that need research including crucial features, price plans, technical skill ability of staff members, organizational size, etc. After which, you should do the product research to a full extent. Browse over some Basware evaluations and look into the other software options in your list more closely. Such all-encompassing product investigation ensure you avoid ill-fitting apps and choose the system which includes all the function your business requires.
Position of Basware in our main categories:
Basware is one of the top 200 Accounting Software products
Basware is one of the 50 Procurement Software products
It is crucial to keep in mind that virtually no software in the Billing and Invoicing Software category is an ideal solution able to fulfill all the needs of different company types, sizes and industries. It may be a good idea to read a few Basware Billing and Invoicing Software reviews first as specific software may excel exclusively in a very small set of applications or be created with a really specific type of industry in mind. Others may work with a goal of being easy and intuitive and as a result lack complicated functionalities desired by more experienced users. You can also come across software that focus on a large group of users and offer a rich feature toolbox, however this frequently comes at a higher cost of such a service. Make sure you're aware of your requirements so that you buy a software that has all the elements you look for.
Basware Pricing Plans:
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Basware Pricing Plans:
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Quote-based Plan
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Basware’s SMB and enterprise pricing information is available only upon request. Contact the company for more details, and ask for your quote.
We realize that when you choose to get a Billing and Invoicing Software it’s vital not only to learn how professionals score it in their reviews, but also to check whether the actual users and businesses that purchased this software are genuinely satisfied with the service. That’s why we’ve designer our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and Basware reviews across a broad array of social media sites. The data is then featured in a simple to understand form revealing how many customers had positive and negative experience with Basware. With that information at your disposal you will be ready to make an informed business choice that you won’t regret.
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Basware average rating:
Overall impression
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Value for Money
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ADD A REVIEWThe most favorable review
PROS: It’s highly convenient since it has a sleek and simple UI, and it doesn’t demand a lot of training for use. It also allows tracking of authorization and sending of approvals within our company, as well as it makes clarification processes from one team to another easier. Reporting of vendors and payments in one interface is great, and it has a dependable notification system that helps us manage and track billings on time. This makes all accounting tasks in my department easier, and we have no worries about working with other teams too.
CONS: I can’t point any problem with this tool. It works great for my team.
The least favorable review
PROS: Affordable and easy to incorporate in an existing system, plus a professional implementation leader makes the process more convenient too. It allows the use of GL logic among other logic as default. However, implementation would be easier if you already have a good grasp on establishing the P2P setup.
CONS: The AP screen needs some improvements. Also, it relies much on configurations or modifications. So, when you implement inefficient configuration, for example, it will run inefficiently as well.
More reviews from 4 actual users:
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Dependable accounting tool that’s perfect for my job
Read full review >Overall impression
Customer Support
Value for Money
Ease of Use
PROS: This is a unique accounting tool that fits my needs. It has simple and easy to use interface with many helpful features. Say, the Basware monitor helps in easily finding important details that I need, such as previous bookings among others. I’ve been using it for a long time and no plans for using other accounting apps.
CONS: The app often lags or freezes when transferring 20 invoices or more. It’s difficult to say if it will go back to normal by itself, or if I have to do some tweaks to make it work again. This is quite inconvenient.
Great and fantastic accounting platform
Read full review >Overall impression
Customer Support
Value for Money
Ease of Use
PROS: This is an easy to use yet innovative platform which is perfect for our company. The provider has fulfilled our expectations, and have met our needs and demands professionally.
CONS: The platform is too complicated to use, especially on its highly technical aspects. This is despite the intensive manuals the provider has given us as guides for use. They haven’t answered some of our questions during the integration process too.
Used in a peer to peer setup
Read full review >Overall impression
Customer Support
Value for Money
Ease of Use
PROS: Affordable and easy to incorporate in an existing system, plus a professional implementation leader makes the process more convenient too. It allows the use of GL logic among other logic as default. However, implementation would be easier if you already have a good grasp on establishing the P2P setup.
CONS: The AP screen needs some improvements. Also, it relies much on configurations or modifications. So, when you implement inefficient configuration, for example, it will run inefficiently as well.
Easy to use tool which makes processes faster
Read full review >Overall impression
Customer Support
Value for Money
Ease of Use
PROS: It’s highly convenient since it has a sleek and simple UI, and it doesn’t demand a lot of training for use. It also allows tracking of authorization and sending of approvals within our company, as well as it makes clarification processes from one team to another easier. Reporting of vendors and payments in one interface is great, and it has a dependable notification system that helps us manage and track billings on time. This makes all accounting tasks in my department easier, and we have no worries about working with other teams too.
CONS: I can’t point any problem with this tool. It works great for my team.
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Dependable accounting tool that’s perfect for my job
Read full review >Overall impression
Customer Support
Value for Money
Ease of Use
Great and fantastic accounting platform
Read full review >Overall impression
Customer Support
Value for Money
Ease of Use
Used in a peer to peer setup
Read full review >Overall impression
Customer Support
Value for Money
Ease of Use
Easy to use tool which makes processes faster
Read full review >Overall impression
Customer Support
Value for Money
Ease of Use
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