Basware
Basware offers an AI/ML-powered platform that automates complex, labor-intensive invoice processes, helping organizations achieve efficiency while reducing errors and risks.
📝 What is Basware?
"Basware is a leading provider of accounts payable (AP) automation solutions, focusing on streamlining invoice processing and enhancing financial operations for global enterprises."
🔑 Key Features
AP Automation
Automates accounts payable processes to enhance efficiency and reduce manual errors.
Touchless Invoice Processing
Enables automatic processing of invoices without manual intervention.
Smart Coding
Utilizes AI to automatically code invoices, reducing the need for manual input.
Basware Insights
Provides analytics and insights into financial operations for better decision-making.
SmartPDF
Converts PDF invoices into structured data for easier processing.
AP Protect
Offers security features to protect against fraud and errors in invoice processing.
AP Audit & Recovery
Facilitates auditing of invoices and recovery of overpayments.
Statement Matching
Automates the matching of statements to invoices for accuracy.
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Verify This Page🤖 AI Capabilities
Overview
Basware leverages AI and machine learning to enhance its automation capabilities, particularly in invoice processing and data extraction.
Capabilities
- AI-powered invoice processing
- Machine learning for coding and matching invoices
AI Models
Invoice Processing AI
Machine Learning
Automates the extraction and processing of invoice data.
Fraud Detection AI
Machine Learning
Identifies potential fraudulent activities in invoice submissions.
💰 Pricing and Plans
Pricing Overview
Basware offers customized pricing based on the specific needs of the organization, with various tiers available.
Basic Plan
Contact for pricing
- Basic AP automation
- Email support
Professional Plan
Contact for pricing
- Advanced AP automation
- Analytics and insights
- Priority support
Enterprise Plan
Contact for pricing
- Full suite of features
- Custom integrations
- Dedicated account manager
🔒 Security and Compliance
Security Overview
Basware implements robust security measures to protect user data and ensure compliance with regulations.
Security Measures
- Data encryption
- Regular security audits
- Access controls
Certifications & Compliance
📊 Additional Information
Competitive Advantage
Basware stands out in the market due to its comprehensive automation capabilities and extensive integration options.
- AI-powered automation
- Global compliance capabilities
- Integration with 250+ ERPs
Future Developments
Basware is continuously innovating and planning to enhance its platform with new features.
- Enhanced AI capabilities
- More integration options
- User experience improvements
Update frequency: monthly
Integration and Deployment
Basware integrates with over 250 ERP systems and offers a cloud-based deployment model.
Integrations:
- SAP
- Oracle
- Microsoft Dynamics
- NetSuite
- Infor
Deployment Type: cloud-based
User Interface
Intuitive dashboard for managing invoices and financial operations, with easy navigation and access to analytics.
Support and Resources
Basware provides comprehensive support and resources for its users, including training and documentation.
Support Types:
- Email support
- Phone support
- Online resources
Training Resources:
- Webinars
- Documentation
- Tutorials
🌐 Links
🏆 Awards and Recognition
Gartner Peer Insights Customers' Choice
Recognized for excellence in procure-to-pay suites.
Forrester Total Economic Impact Study
Demonstrated significant ROI for users of Basware's AP automation.
🎉 Success Stories and Testimonials
Customer Feedback
Basware has numerous success stories from clients who have improved their AP processes using the platform.
"Saved millions due to early payment discounts after implementing Basware."
INNIO
"Achieved a 65% touchless rate on day 1 of implementation."
Ritchie Brothers
Notable Customers
📊 Case Studies
INNIO's Cost Savings
Industry: Energy
Challenge:
High manual processing costs in AP.
Solution:
Implemented Basware's AP automation solution.
Results:
Saved millions through early payment discounts.
Ritchie Brothers' Touchless Invoicing
Industry: Auction
Challenge:
Need for efficient invoice processing.
Solution:
Adopted Basware's touchless invoice processing.
Results:
Achieved 65% touchless rate on day 1.
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This page has not yet been verified by the software vendor. The information presented here may not be fully accurate or up-to-date.
Are you the vendor of Basware? Verify this page to ensure all data is accurate and up-to-date.
Verify This Page🔗 Related Tools
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