Basware: What Makes It Great (Invoice-to-Pay SolutionMap Analysis)

The Spend Matters Invoice-to-Pay (I2P) SolutionMap is an amalgam of different markets. On the one hand, it includes capabilities that typically fit squarely into the e-invoicing box. But it also examines aspects of accounts payable automation and procure-to-pay systems (like supplier network connectivity), as well as the broader connectivity, collaboration and compliance components of these areas.

Within the I2P market, Basware is one of the top ranked SolutionMap providers for Q3 2018, delivering above-the-benchmark functional and customer reference scores. Basware also participates in SolutionMaps for E-Procurement and Procure-to-Pay (P2P), as well as offers broader source-to-pay capabilities through a partnership with Scanmarket. But the purpose of this analysis is to explore exactly how Basware stands out in a crowded invoice-to-pay field — an area where it shines, in fact.

“What Makes It Great” is a recurring column that shares insights from each quarterly SolutionMap report for SolutionMap Insider subscribers. Based on both our rigorous evaluation process and customer reference reviews, each brief offers quick facts on the provider, describes where it excels, provides hard data on where it beats the SolutionMap benchmark and concludes with a checklist for ideal customer scenarios in which procurement, finance and supply chain organizations should consider it.