Basware 2026: Benefits, Features & Pricing

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Overview
Pricing and Plans
Features
Integrations
User Reviews

Overview

Basware

3.8

(21)

Pricing

Pricing available upon request

About Basware

Basware Procurement Software is a cloud-based system that helps companies buy and pay for goods and services in a paperless way. The solution allows companies to see everything that is being ordered, purchased, and received. It automates approval and payment processes and enforces controls. It helps users identify how to leverage volume orders, prevent over-buying, negotiate rates and minimize inventory costs. The solution analyzes both direct and indirect spending to consolidate suppliers and orders, manage rogue-spending behavior, check supplier performance and reduce costs.

Basware delivers P2P solution that helps users reach into the areas of enterprise buying. It offers strategic purchasing, touchless invoice processing, inventory tracking, asset management, facilities management, work order integration, travel and expense reporting, real-time budget tracking, supplier enablement, reporting, analytics and KPIs.

Basware provides companies with tools for the mobile workforce, intelligent workflows and industry-specific configurations. Support is offered via knowledge base, ticket portal and phone.

Basware Screenshots

Basware Pricing and Plans

Starting price: $100,000.00

Free Trial

Free Version

Basic

$100,000.00

per feature

No plan information available

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Basware Features

Popular features found in Accounting
Billing & Invoicing
Budgeting/Forecasting
Expense Tracking
Fund Accounting
Income & Balance Sheet
Multi-Currency
Payroll Management
Project Accounting
Purchase Order Management
Tax Management
More features of Basware
Accounting Integration
Accounts Payable
Ad hoc Reporting
Approval Process Control
Asset Lifecycle Management
Barcode/Ticket Scanning
Cash Management
Catalog Management
Collaboration Tools
Compliance Management
Contract/License Management
Credit Card Management
Credit Card Processing
Customizable Templates
Data Visualization
Discount Management
Duplicate Payment Alert
EDI
ERP integration
Expense Claims
Financial Analysis
Financial Management
Forecasting
Inventory Management
Inventory Optimization
Inventory Tracking
Invoice Management
Invoice Processing
Mobile Access
Multi-Channel Management
Order Management
Procurement Management
Purchasing & Receiving
Purchasing Reports
Real-Time Analytics
Real-Time Data
Receipt Management
Receiving
Recurring Payments
Reporting/Analytics
Requisition Management
Routing
Search/Filter
Sourcing Management
Spend Analysis
Spend Control
Spend Management
Supplier Management
Third-Party Integrations
Transaction History
User Management
Vendor Management
Visual Analytics
Warehouse Management
Workflow Management

Basware Integrations

JD Edwards EnterpriseOne

Basware User Reviews

Overall Rating

3.8

Ratings Breakdown

33%

43%

10%

Secondary Ratings

Ease of Use

3.8

Value for money

3.4

Customer support

3.8

Functionality

3.7

Verified

Reviewer

Oil & Energy

10000+ employees

Used daily for less than 2 years

Review source

Reviewed April 2020

Great tool for processing invoices

Overall experience is very good. This app is a great improvement in processing payable invoices in company. Process is smoother, easier and faster. Also, Basware works great as an audit evidence.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Basware is basically a tool which enables to process payable invoices. It allows you to upload them, input accounting string, and transfer to your ERP system. It works very well with Oracle Finance which is a great advantage. Processing invoices is relatively easy, requires 4-eye principle to be met. It allows you to add attachments, notes and perform basically whole communication regarding the invoice in one application without using neither e-mail, nor external communicator. Overall experience with this application is really great.

Cons:

Purchase order processing is not the best so if you have a lot of it in your company, you may need to consider some other app. It works slow and is not intuitive.

Ahmet D.

Verified reviewer

Management Consulting

2-10 employees

Used daily for more than 2 years

Review source

Reviewed August 2023

Essential & Market Leading P2P Tool

Basware is one of the leading purchase-to-pay/invoice processing platforms. The workflow engine allows the implementation of kind of an approval process regardless of detail and exceptions. This power however comes with a price, the implementation can be challenging and the implementation learning curve can be sometimes steep. Consolidated reports are very useful and the ERP integration is sold, which is a must-have for any kind of P2P Platform.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

- Intuitive user interface- Solid code base (ie very few bugs/unexpected behaviour compared to the rest of the solutions)- Workflow management is both detailed and clear- Greatly boosts efficiency in invoice processing- Reusable Templates for recurring tasks- Automatic Three-Way Invoice matching with almost no human intervention

Cons:

- Lacks guides accessible within the platform for tasks- Export of invoice images would be a nice feature- Price (ie expensive)- User support needs to be better for a sophisticated platform such as Basware- Rare instances of the platform freezing up on users.

Reasons for choosing Basware

- Solid code base- Integration capabilities- Ability to support any type of integration- Solid and reliable integration engine- Advanced & automated invoice matching- Documentation for advanced users- Potential to extend the system (within Basware) to a full Source-to-Pay platform

Verified

Reviewer

Real Estate

5001-10000 employees

Used weekly for more than 2 years

Review source

Reviewed November 2019

Basware use for approving invoices

For my approval process experience, Basware is efficient and has an extremely easy learning curve. Onboarding new users is not a hassle at all.

Ratings Breakdown

Ease of use

Functionality

Pros:

Basware makes the review and approval of invoices convenient, easy and speedy. All invoices are kept in one spot which makes it easily streamlined and we are able to route them for approval person to person automatically.

Cons:

Rejecting an invoice can cause confusion within the back end. When an invoice needs to be rejected, one of our Basware admins is notified and then must remove the invoice from the workflow.

Verified

Reviewer

Outsourcing/ Offshoring

10000+ employees

Used daily for more than 2 years

Review source

Reviewed October 2021

Basware is a very good Invoice Processing tool, but could be better

Overall Basware is a very good invoice processing tool, it can make your work more efficient and can bring you many solutions. It is highly user friendly and will help you with most of the tasks. However, I do believe that it can have some improvements.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

I like the fact that I can send invoices for automatic processing, so they can be matched to their PO numbers. The invoice scanning feature is quite useful for that. Also, the data extraction has probably all the items that you will need to run your in-company reports.

Cons:

Vendor data changes usually take 24 hours to show in the system. There can not be two sessions open, so you can only process one invoice at a time. The system can be sometimes quite slow.

Verified

Reviewer

Accounting

5001-10000 employees

Used daily for more than 2 years

Review source

Reviewed March 2020

My daily accounting software that I can recommend

Overall I am satisfied with using Basware at work and hopefully I will enjoy working with it for a long time.

Ratings Breakdown

Ease of use

Customer support

Functionality

Pros:

I am a Basware superuser in my company so I am very familiar with this software (P2P). It is easy to use and most importantly, it is possible to code invoices very fast and effective. My favourite feature is „invoice history” where I can view the entire history of an invoice and any potential errors that have occured.

Cons:

What I dislike about this software that sometimes I run into some unexpected errors and have to close and open Basware again.

Vendor Response

Thank you for taking time to review the Basware P2P software.

Replied April 2020

Guy G.

Verified reviewer

Health, Wellness and Fitness

2-10 employees

Used weekly for less than 6 months

Review source

Reviewed October 2023

Makes getting paid harder

Poor

Ratings Breakdown

Ease of use

Functionality

Pros:

Signed up in order to submit and monitor invoices for a client, initially thought it was a good system, but still waiting to get paid after 3 months! Great for credit control of the customer, not the supplier!

Cons:

Submitting an invoice is really hard, format rules seem to be impossible to meet, and user guides are contradictory - if you're sending an attachment, make sure it includes the word attachment, then invoices rejected because they do/don't contain the word attachment

Verified

Reviewer

Mechanical or Industrial Engineering

5001-10000 employees

Used weekly for less than 12 months

Review source

Reviewed October 2018

Helpful

Ratings Breakdown

Ease of use

Functionality

Pros:

Makes coding invoices very easy and forwarding to different parties throughout a global organization

Cons:

If you do not have the correct permissions it's hard to view or search vendors.

Mazen Z.

Building Materials

501-1000 employees

Used daily for less than 2 years

Review source

Reviewed October 2018

Procurement tasks get easier and more friendly

Previously 4

Software forms an initial part of any organisation aiming to have a successful procurement

Ratings Breakdown

Ease of use

Previously 4

Value for money

Previously 4

Customer support

Functionality

Pros:

Using this software on daily basis make you notice how it provide full control all over your entire procurement tasks form initial request to final stage.

Cons:

could benefit for additional features to make it more professional in handling Customers request and inventory review.

Shawn G.

Hospital & Health Care

Used unspecified for more than 2 years

Review source

Reviewed October 2015

ProcureIT review

Ratings Breakdown

Ease of use

Customer support

Functionality

Pros:

The product is continuously improved with each update and the support from Verian is great. They have the resources and expertise of a large company, with the accessability of a much smaller organization.

Cons:

While there is a lot of documentation with each upgrade or system improvement, it is sometimes overwhelming. A more simplistic explanation or guide would at times be helpful.

Verified

Reviewer

Internet

1001-5000 employees

Used weekly for less than 6 months

Review source

Reviewed December 2018

Honest Review