Basware empowers finance teams to take full control of invoice and payment processes through its Intelligent Invoice Lifecycle Management Platform. By automating each step of the invoice journey, organizations improve visibility, ensure compliance, and drive operational efficiency across accounts payable. The platform leverages advanced AI trained on billions of invoices, delivering proven results at scale. With more than 40 years of experience and over $10 trillion in total spend processed, Basware brings deep domain expertise in invoice automation. Serving thousands of organizations worldwide, Basware helps finance functions reduce complexity, improve accuracy, and unlock value from their financial data. Our solutions integrate seamlessly with existing systems, enabling global businesses to future-proof their finance operations and adapt to evolving demands.
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The product is very flexible and offers different customizations depending on our needs. Our project/development team is very knowledgeable and professional which makes deployments, developments and improvements quite painless. Another big benefit is the monthly product updates with new features and bug fixes.
The system is easy to use and can handle large amounts of invoices.
- Since Basware is a large organization, the product is constantly developing and new features are launched regularly to support our day to day operations. There is always the possibility to connect with other customers and learn through that. - It has been great to see how Basware has put efforts into AI and analytics. The new Insighst reporting has been helpful for our organization to identify bottlenecks and improvements our performance in a easy and systematic wat - The Customer Success model has been very good and we have received strong support in creating our development roadmap. In addition, it has been very beneficial to have separately nominated those responsible for support and CR management. This has made working with Basware efficient. - We have had the same consultants from Basware working with us for most of our journey and they are truly exceptional and knowledgeable about the product and provide insights on how we can develop our ways of working even further.
Enhancement requests (ERs) don't have any deadline or can be rejected - that being said, a lot of the enhancements we requested via the Basware Service Portal have seen the light of day eventually, though they can take quite some time to be implemented. It is good to mention that ERs are a free service, not to be confused with Change Requests (CRs) which are paid consultant work with much more timely implementation. Sometimes Service Now tickets can take a while to resolve or may need to be escalated. The good news is that an escalation to the CSM will usually produce the needed progress on the cases. Coordinating the work with the Basware Consultants outside of implementation projects can be time-consuming without a Planned Optimisation Service - it is almost a must, but on the other hand it is a worthwhile investment if you are focusing on process solution optimisation and/or enhancements, and can be used to complete CRs in most cases.
Spend plans could be more flexible, often need to update large amounts of spend plans simultaneously
In general, the product is working very well and there are quite a few bugs associated with it. However, sometimes bug fixes and requested enhancements take a long time, especially if they are not seen as important by other customers. This has temporarily increased manual workarounds on our end.