Basware
Basware provides automated accounts payable and e-invoicing software designed to help your finance team achieve 100% spend visibility and touchless invoice processing through a global business network.
CheckWriter
CheckWriter is a specialized financial software that allows you to create and print legally compliant bank checks instantly from your own desktop using any standard printer and check paper.
Quick Comparison
| Feature | Basware | CheckWriter |
|---|---|---|
| Website | basware.com | checkwriter.com |
| Pricing Model | Custom | One_time |
| Starting Price | Custom Pricing | $99/month |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 1985 | 1996 |
| Headquarters | Espoo, Finland | Boston, USA |
Overview
Basware
Basware is an automated accounts payable and e-invoicing platform that helps you transform your finance department into a profit center. Instead of chasing paper and manual data entry, you get a centralized system that captures every invoice automatically, regardless of format. You can achieve touchless processing by using AI-driven matching engines that connect invoices to purchase orders and contracts without human intervention.
The platform connects you to a massive global business network, making it easy to collaborate with suppliers and ensure compliance with international tax regulations. You can gain deep insights into your corporate spending and manage cash flow more effectively with real-time analytics. It is built for complex, global organizations that need to handle high invoice volumes across multiple languages, currencies, and ERP systems.
CheckWriter
CheckWriter provides a straightforward solution for businesses and individuals who need to issue checks without waiting for pre-printed stock from a bank. You can draft, manage, and print professional checks directly from your office, which helps you maintain better control over your cash flow and immediate payment obligations. The system is designed to meet all American National Standards Institute (ANSI) requirements, ensuring your printed checks are accepted by all financial institutions.
You can also use the software to accept checks over the phone, via fax, or through your website by creating a 'draft' of the customer's check. This capability allows you to receive payments instantly and deposit them the same day. It eliminates the typical 3-5 day waiting period associated with ACH transfers or traditional mail, making it a practical tool for collections, insurance agencies, and retail businesses.
Overview
Basware Features
- Touchless Invoice Processing Automate your invoice approvals using AI and machine learning to match invoices with purchase orders and goods receipts.
- Global E-Invoicing Network Connect with millions of suppliers globally to send and receive electronic invoices in any format while staying tax compliant.
- Smart PDF Automation Convert standard PDF invoices into structured data automatically, eliminating the need for manual typing or expensive OCR hardware.
- AP Automation Analytics Monitor your process bottlenecks and track key performance indicators like cost per invoice through interactive, real-time dashboards.
- Supplier Management Onboard your suppliers easily and provide them with a self-service portal to track payment statuses and manage their data.
- Multi-ERP Integration Sync your financial data across over 250 different ERP systems to maintain a single source of truth for your organization.
CheckWriter Features
- Instant Check Printing. Print fully compliant checks immediately using your existing laser or inkjet printer and any standard check paper.
- Check-by-Phone Intake. Accept payments over the phone by entering customer details and printing a legal check draft for instant deposit.
- Virtual Terminal. Access a secure interface to manage your transactions, view payment history, and organize your digital check records.
- Batch Processing. Save time by processing multiple payments at once, allowing you to handle high volumes of transactions efficiently.
- MICR Encoding. Ensure your checks pass bank scanners every time with built-in MICR font support for routing and account numbers.
- Signature Digitization. Upload and apply your authorized signature to checks automatically to streamline your accounts payable workflow.
Pricing Comparison
Basware Pricing
CheckWriter Pricing
- One-time software license
- Print checks and drafts
- Accept checks by phone/fax
- Works with any printer
- No per-transaction fees
- Basic reporting tools
- Everything in Standard, plus:
- Multi-user network support
- Advanced batch importing
- Enhanced security permissions
- Priority technical support
- Custom data export options
Pros & Cons
Basware
Pros
- Excellent handling of complex global tax and compliance requirements
- Strong integration capabilities with multiple ERP systems simultaneously
- High accuracy in automated data extraction from PDF invoices
- Scales effectively for companies handling massive invoice volumes
Cons
- Initial implementation and setup can be time-consuming
- User interface feels dated compared to newer SaaS competitors
- Customer support response times can be slow during peak periods
CheckWriter
Pros
- Eliminates recurring monthly fees for payment processing
- Checks are accepted by all major US banks
- Simple setup process works with standard printers
- Speeds up collections by bypassing traditional mail
- Reliable MICR line alignment for bank scanning
Cons
- Interface feels dated compared to modern SaaS
- Initial learning curve for alignment settings
- Requires manual data entry for basic versions