What is Basware used for?

Basware is an invoice automation and accounts payable platform for enterprises, including AP automation, e-invoicing and compliance tools. It is a good fit for enterprises automating invoice processing, meeting e-invoicing mandates in multiple countries and finance teams detecting duplicate or erroneous payments.

How much does Basware cost?

Basware doesn't publish fixed prices; pricing is quoted on request.

Is Basware open source?

No. Basware is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include Bitcoin Core, Hyperswitch and Lago.

What are some alternatives to Basware?

Basware competes with Coupa, Stampli and AvidXchange.

Basware: features, pricing and alternatives

About Basware

Basware is a commercial software vendor focused on invoice lifecycle management and accounts payable automation for larger organizations. Finance teams use it to receive, code, match and approve invoices, keep processing compliant across countries, and control spend. The vendor emphasizes AI-assisted processing and a governed approach to automation.

The product catalog includes AP automation with tools like SmartCoding, SmartPDF and invoice matching, plus InvoiceAI for purchase order and non-PO invoices. A global e-invoicing network supports sending and receiving e-invoices, enrichment, archiving and interoperability. Compliance tools cover global invoice and e-invoicing requirements, and Guardian for AP adds assurance, protection, audit and recovery, and statement matching.

Basware also offers e-procurement and a marketplace within its procure-to-pay offerings, and it integrates with ERP systems, including an SAP Cloud ERP hub. It is a hosted service sold through its sales and partner network, with consultancy, reseller and technology partners listed on the site.

Key features

AP automation with invoice coding and matching
AI invoice processing for PO and non-PO invoices
Global e-invoicing network and archive
Invoice compliance support across countries
AP assurance, protection and audit recovery
E-procurement and marketplace options

Good fit for

→Enterprises automating invoice processing
→Meeting e-invoicing mandates in multiple countries
→Finance teams detecting duplicate or erroneous payments

Tags: accounts-payable; invoice-automation; e-invoicing; ap-automation; procure-to-pay; enterprise; compliance

Basware: questions and answers

What is Basware used for?: Basware is an invoice automation and accounts payable platform for enterprises, including AP automation, e-invoicing and compliance tools. It is a good fit for enterprises automating invoice processing, meeting e-invoicing mandates in multiple countries and finance teams detecting duplicate or erroneous payments.
How much does Basware cost?: Basware doesn't publish fixed prices; pricing is quoted on request.
Is Basware open source?: No. Basware is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include Bitcoin Core, Hyperswitch and Lago.
What are some alternatives to Basware?: Basware competes with Coupa, Stampli and AvidXchange.