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Basware

by Basware · AP Automation

Enterprise invoice automation and e-invoicing for complex multi-ERP environments.

Updated August 2026 · By the ERP Research Editorial Team · Independent and vendor-neutral.

Works with
SAPOracleMicrosoft Dynamics 365NetSuite
Deployment
Cloud
Company size
Mid-market, Enterprise
Pricing
Quote-based
Founded
1985
Headquarters
Espoo, Finland

Overview

Basware is an enterprise-focused accounts payable automation and e-invoicing vendor with one of the largest open e-invoicing networks, reaching suppliers across 180+ countries. Its platform centers on intelligent invoice lifecycle management, using invoice-centric AI trained on a very large invoice corpus to automate capture, coding, matching, and exception handling, while maintaining the compliance and control demanded by large, multi-ERP organizations.

Basware combines AP automation with a compliant e-invoicing network and analytics, making it suited to global enterprises that must process invoices across many countries and meet evolving regulatory e-invoicing mandates. It also offers procure-to-pay capabilities. The platform is built to handle high volumes, complex approval hierarchies, and connections to multiple back-end ERP systems simultaneously.

Basware was founded in 1985 in Finland and is headquartered in Espoo. Formerly publicly listed, it was taken private in a tender offer led by Accel-KKR (with co-investors) and now operates under private equity ownership.

Screenshots & demo

Demo video from the vendor's YouTube channel.

Modules & capabilities

Basware covers 23 of 49 capabilities we track in this category

47%
  • AI/OCR invoice data captureInvoice-centric AI trained on billions of invoices
    Core strength
  • Multi-language invoice recognition
    Not evidenced
  • Header and line-item extraction
    Supported
  • Multi-channel invoice intake
    Supported
  • Duplicate invoice detection
    Not evidenced
  • Touchless / no-touch processing
    Not evidenced
  • Non-PO invoice handling
    Not evidenced

“Not evidenced” means our research found no public documentation of this capability — the vendor may still offer it. Confirm on a demo.

Common use cases

  • Global enterprises processing invoices across many countries
  • Organizations needing compliant e-invoicing under regional mandates
  • Companies running multiple ERPs that need one AP automation layer
  • Shared service centers handling very high invoice volumes
  • Finance teams requiring strong audit and compliance controls
  • Businesses onboarding large supplier networks to e-invoicing

Strengths & considerations

Strengths

  • One of the largest open e-invoicing networks, spanning 180+ countries
  • Invoice-centric AI trained on a very large invoice corpus
  • Built for complex, multi-ERP global enterprise environments

Considerations

  • Enterprise orientation makes it less suited to small businesses
  • Implementation and configuration can be substantial for complex deployments

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ERP integrations

SAPInvoice Lifecycle Management (ILM) for SAP S/4HANA
Certified marketplace app
Bi-directionalInvoicesPurchase ordersVendors

Basware-published SAP Store listing; certified connectors preserving clean-core principles, plus native integration with ECC and Business One per vendor site.

Oracle Fusion CloudBasware for Oracle
Prebuilt connector
Bi-directionalInvoicesPurchase orders

Seamless connectivity to Oracle Cloud and E-Business Suite documented on vendor site; no Oracle Cloud Marketplace listing evidenced.

Microsoft Dynamics 365Basware for Dynamics 365 Finance
Prebuilt connector
Bi-directionalInvoicesPurchase orders

Direct integration with Dynamics 365 Finance documented on vendor site. A separate third-party AppSource plugin (Fresh Dynamics B.V., "Basware ICreative API plugin") also posts Basware invoice data into Dynamics 365 F&SCM; that listing is not Basware's own product.

NetSuiteBasware Invoice Matching for NetSuite
Prebuilt connector
Bi-directionalInvoicesPurchase orders

Customer case study describes Invoice Matching integrated directly with NetSuite; no SuiteApp listing evidenced.

Connector details independently verified against vendor marketplaces and documentation; last checked 2026-08-11.

Pricing

Full Basware pricing breakdown — cost at 25/100/500 seats, competitor rates & FAQs

Model
Quote-based
Free trial
No

Enterprise pricing based on invoice/document volume, network usage, modules, and ERP connections. Get an independent shortlist with pricing guidance below.

What does Basware cost?

Basware prices by quote, like most of this category. Here is what actually drives your number — and what to ask before you get one.

  • Transaction volumethe number of payments, invoices or orders you push through it each month (10 of 13 vendors here).
  • Named usersa per-seat subscription, so cost scales with how many people need access (3 of 13 vendors here).
  • Documents processedpages, envelopes or documents consumed — usually sold in annual bundles (3 of 13 vendors here).

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7 of the 13 vendors we track in this category publish no list price at all.

Technical & security

Hosting
SaaS (multi-tenant)
Data residency
EU, US
Compliance
SOC 2, ISO 27001
Mobile app
Yes
Languages
English, Finnish, German, French, Swedish

About the vendor

Founded
1985
Headquarters
Espoo, Finland
Employees
~1,500-3,000
Ownership
Private equity

Alternatives to Basware in AP Automation

Basware — frequently asked questions

What is Basware best known for?

Enterprise AP automation combined with one of the largest open e-invoicing networks, reaching suppliers across 180+ countries with regulatory compliance.

Can Basware support multiple ERPs at once?

Yes. It is built for complex, multi-ERP environments and connects to systems such as SAP, Oracle, Microsoft Dynamics, and NetSuite simultaneously.

Is Basware publicly traded?

No longer. Formerly listed, it was taken private through a tender offer led by Accel-KKR with co-investors and now operates under private equity ownership.

Does Basware help with e-invoicing mandates?

Yes. Its e-invoicing network is designed to handle country-specific compliance and the rollout of regional e-invoicing mandates.

Compare Basware head-to-head

Free PDF · Vendor-neutral · No sales calls

The AP Automation Buyer's Guide

Before you commit to Basware, see how it sits against the 13 AP automation systems we track — on capability, ERP integration depth and what each one actually charges for.

AP Automation Buyer's Guide

13 systems compared · 2026

ERP Research

  • Basware compared side-by-side with 12 alternatives
  • ERP integration checklist — what to verify before you shortlist
  • The pricing questions that change the quote
  • A Basware evaluation brief, included with the guide
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AP Automation Buyer's Guide

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