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.
SAP Concur
SAP Concur provides integrated travel, expense, and invoice management solutions that help you automate spending processes and gain total visibility into your organization's business expenditures and compliance.
Quick Comparison
| Feature | Basware | SAP Concur |
|---|---|---|
| Website | basware.com | concur.com |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✘ No free trial | ✓ 0 days 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 | 1993 |
| Headquarters | Espoo, Finland | Bellevue, 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.
SAP Concur
SAP Concur helps you take full control of your business spending by connecting travel, expense, and invoice management in a single system. You can eliminate manual data entry by capturing receipts with a smartphone photo, which automatically populates expense reports. This automation ensures your team stays compliant with company policies while reducing the time spent on tedious administrative tasks.
The platform scales with your business, offering specialized tools for small teams and global enterprises alike. You can integrate your travel booking directly with expense reporting to see exactly where your budget goes in real-time. By using these connected tools, you gain the insights needed to negotiate better vendor rates and manage your cash flow more effectively.
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.
SAP Concur Features
- Expense It. Snap photos of your receipts with your phone to automatically create, categorize, and itemize expense entries for faster reimbursement.
- Concur Travel. Book flights, hotels, and cars within your company policy while automatically syncing every booking detail to your expense report.
- Invoice Automation. Capture and process paper and electronic invoices automatically to speed up payments and eliminate manual data entry errors.
- Policy Audit. Set up automated rules that flag non-compliant spending before it happens, ensuring everyone follows your company's specific travel policies.
- Mobile App. Manage approvals, track mileage via GPS, and submit entire expense reports from your mobile device while traveling for work.
- Business Intelligence. Access visual reports and dashboards that show you exactly where you are spending money across different departments and vendors.
Pricing Comparison
Basware Pricing
SAP Concur Pricing
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
SAP Concur
Pros
- Mobile receipt capture saves hours of manual data entry
- Seamless integration with major corporate credit card providers
- Robust policy enforcement prevents accidental overspending and fraud
- Extensive ecosystem of travel partners and app integrations
Cons
- User interface can feel dated compared to newer startups
- Initial setup and configuration requires significant time investment
- Customer support response times can be slow during peak periods
- Advanced reporting features have a steep learning curve