Basware
Ranked #1 in Enterprise e-invoicing software, and on 1 more ranking.
A networked source-to-pay and e-invoicing platform specializing in automated matching and touchless invoice processing.
At a glance
| Price from | Custom |
| Best for | E-invoicing and touchless processing |
From Basware's own website.
Company facts
| Social profiles | LinkedIn, X, Instagram, YouTube |
Facilities and features
Its website also mentions:
- Published pricing
- Integrations
What stands out
Basware achieves high invoice match rates even with imperfect data.
“Get an unbeatable invoice match rate – even when the PO was generated in another system or the figures don’t line up perfectly”Basware, own website
The product integrates with over 250 ERPs across many countries.
“With Basware, you get complete coverage with global compliance capabilities and the world’s largest open network, plus the ability to integrate with 250+ ERPs across more than 175 countries.”Basware, own website
Worth knowing
- Sourcing module is less robust than competitors
- Implementation timeline can be lengthy
How it ranks
Basware is ranked 1st of 10 in Enterprise e-invoicing software (Lister Score 90.0) and 3rd of 10 in Enterprise accounts payable software (Lister Score 90.0).
#1 in Enterprise e-invoicing software · Lister Score 90.0
Basware is an AI-driven invoice lifecycle management and AP automation platform. It provides touchless processing capabilities for accounts payable teams.
Basware is an AI-driven invoice lifecycle management and AP automation platform.
How the score is made up: fit to this ranking's criteria 40; evidence on its own site 20; how complete its published information is 18; buying information on its own site 12.
“Basware’s AI/ML-powered solution is designed to make touchless invoice processing a reality for your organization.”Basware, own website
“Basware solutions are a perfect fit for: Globally operating organizations with a desire to harmonize all invoice processes across all locations”Basware, own website
| Rank | Enterprise e-invoicing software | Score |
|---|---|---|
| 1 | Basware | 90.0 |
| 2 | Kolleno | 90.0 |
| 3 | Transalis | 90.0 |
| 4 | Medius | 88.0 |
| 5 | Onguard | 88.0 |
| 6 | ClearTax | 86.0 |
| 7 | Invoiced | 86.0 |
| 8 | COVORO | 84.0 |
| 9 | Sovos | 78.0 |
| 10 | SAP Ariba | 76.0 |
#3 in Enterprise accounts payable software · Lister Score 90.0
Basware provides AI-driven invoice lifecycle management and AP automation. It helps organisations process invoices with governed autonomy.
Offers SmartCoding to automate coding for non-PO invoices via machine learning.
How the score is made up: fit to this ranking's criteria 40; evidence on its own site 20; how complete its published information is 18; buying information on its own site 12.
“As the industry's leading AP Automation provider, Basware’s AI/ML-powered solution is designed to make touchless invoice processing a reality for your organization.”Basware, own website
“IDC MarketScape AP Automation for Large Enterprises, 2024 -”Basware, own website
| Rank | Enterprise accounts payable software | Score |
|---|---|---|
| 1 | NolaPro | 94.0 |
| 2 | Tipalti | 94.0 |
| 3 | Basware | 90.0 |
| 4 | SAP Concur | 90.0 |
| 5 | VauPrime | 86.0 |
| 6 | Refrens Internet | 84.0 |
| 7 | Tradeshift | 84.0 |
| 8 | Simba Computersysteme | 82.0 |
| 9 | Finago | 78.0 |
| 10 | SAP Ariba | 76.0 |
Frequently asked questions
How does Basware rank on Lister?
Basware is ranked 1st of 10 in Enterprise e-invoicing software (Lister Score 90.0) and 3rd of 10 in Enterprise accounts payable software (Lister Score 90.0).