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 MoreKeeping in mind companies have their own business requirements, it is only rational they abstain from adopting a one-size-fits-all, ”best” system. Still, it is troublesome to try to find such a software solution even among widely used software products. The correct step to undertake should be to shortlist the numerous important aspects which call for a scrutiny such as crucial features, costing, skill aptitude of staff members, organizational size, etc. Thereafter, you should follow through the research exhaustively. Read some of these Basware review articles and explore the other solutions in your list more closely. Such well-rounded research guarantee you stay away from poorly fit software products and subscribe to the one that meets all the features your company 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 note that virtually no app in the Billing and Invoicing Software category is a perfect solution that can fulfill all the requirements of various company types, sizes and industries. It may be a good idea to read a few Basware Billing and Invoicing Software reviews first as some software can perform well exclusively in a very narrow set of applications or be designed with a really specific type of industry in mind. Others can operate with a goal of being simple and intuitive and consequently lack complicated elements desired by more experienced users. You can also find software that support a wide group of customers and offer a complex feature set, however that frequently comes at a more significant cost of such a service. Make sure you're aware of your needs so that you pick a software that provides exactly the functionalities you search 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 are aware that when you choose to buy a Billing and Invoicing Software it’s vital not only to find out how experts rank it in their reviews, but also to discover if the real clients and companies that bought this software are actually happy with the service. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Basware reviews across a broad array of social media sites. The information is then featured in a simple to digest format indicating how many customers had positive and negative experience with Basware. With that information at hand you will be ready to make an informed buying decision that you won’t regret.
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Basware average rating:
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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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