Basware Review: Is It The Right Accounting Software For Your Team?
Best for Mid-market · Enterprise
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Basware offers custom pricing plan
Integrates with
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SAP S/4HANA Finance (SAP Simple Finance)
Microsoft Teams
Microsoft ExcelOverview
Pricing
Features
Alternatives
Integrations
Support
FAQ
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What is Basware?
Basware is a global leader in AI-driven invoice lifecycle management and accounts payable automation, serving 6,500+ CFOs and finance teams across 190+ countries. The platform is built on AI trained on over 2.5 billion invoices, enabling organizations to achieve touchless invoice processing — customers report 89% touchless rates, 99.7% electronic invoicing penetration, and invoices authorized up to 30x faster. Core modules include InvoiceAI (PO and non-PO invoice automation), SmartCoding (ML-based GL coding), SmartPDF (100%-accurate invoice capture), and AP Protect (fraud prevention and duplicate detection). Basware operates the world's largest open e-invoicing network, connecting buyers and suppliers across 220+ interoperable networks in 50+ countries with built-in support for country-specific mandates. The platform integrates with 250+ ERP systems including SAP S/4HANA, Oracle, and Microsoft Dynamics. Basware Guardian for AP provides continuous audit monitoring and AP risk management. Founded in 1985, headquartered in Espoo, Finland. Consistently recognized as a Leader in the Gartner Magic Quadrant for AP Applications. ISO 27001, ISO 27017, ISO 27018, and ISO 9001 certified.
Pricing
Basware offers custom pricing plan
Best For
Designed for mid-market and enterprise teams
Platform
Web + mobile app (iOS & Android)
Basware was reviewed internally using user feedback, in-house testing, and market research to assess its performance, reliability, and user experience. Learn how we review products and our evaluation process.
Who should consider Basware
- Team types
- Medium Business, Large Enterprises
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What is the pricing of Basware?
Basware uses custom pricing — plans are tailored to your team size and needs. Contact them for a quote.
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What are the features of Basware?
The overall accounts payable (AP) balance of a corporation at a given moment in time will appear in the current liabilities column of its ba…
The approval workflow is a standard corporate procedure in which data must be signed off at a given point. Approval procedures necessitate v…
A real-time email marketing dashboard displays metrics. This allows individuals to track the effectiveness of an email marketing initiatives…
Invoices are issued and exchanged as structured electronic data that another system can read directly, rather than as PDFs or paper that a h…
Issuing and receiving invoices in the structured electronic formats that tax authorities mandate, so that they can be validated and reported…
Fraud detection is a crucial feature that is used in software programs to identify, prevent, and mitigate fraudulent activities. This featur…
Optical Character Recognition (OCR) is a technology that enables computers to recognize and extract text from images or scanned documents. I…
Procurement management system is a software that automates and streamlines the process of purchasing goods and services for an organization.…
Risk management is an essential part of any business or organization. It refers to the process of identifying, assessing, and controlling po…
A tax is a governmental mandatory financial charge or levy imposed on a taxpayer to fund certain public expenses. The taxation system is cri…
A control that compares a supplier invoice against the purchase order and the goods received note before payment is approved. If the quantit…
Alternatives to Basware
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Basware Integrations
4.3
4.3
Basware Support Options
Frequently Asked Questions About Basware
Common questions buyers ask before choosing Basware.
Basware is a Accounting Software. Basware offers Tax Management, Accounts Payable, Risk Management, Procurement Management System, Dashboard and many more functionalities.
Some top alternatives to Basware includes Xero and undefined.
Basware offers Quotation Based pricing model
Yes, Basware can integrate with Quickbooks, SAP S/4HANA Finance (SAP Simple Finance), Microsoft Teams, Microsoft Excel and many more.You can find more integration for Basware here
The starting price is not disclosed by Basware. You can visit Basware pricing page to get the latest pricing.
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About the reviewer
Rajat Gupta is the founder of Spotsaas. Over the past two years, he has reviewed 2,000+ tools across CRM, HR, AI, and finance — applying hands-on product research and a background in commerce and the CFA program to evaluate software through a business and ROI lens. His goal: help teams make software decisions they won't regret.
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Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].