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Cut costs, eliminate manual work, and gain full visibility into your payables process.
Basware is a familiar name to those looking for tools to streamline their AP and procurement processes.
However, its high cost and lack of built-in payment options are some of the reasons to consider Basware competitors.
In this article, we’ll list some of the top Basware alternatives, highlighting their capabilities, top features, serviceable market, and pricing to help you determine the best fit.
What to Look for in a Scalable AP Solution
If you’re looking to overcome the drawbacks of legacy tools and choose a powerful system built for scale, these are the features to look for in an AP solution:
- End-to-end AP automation
- Global compliance
- Multi-entity support
- AI-powered invoice capture and PO matching
- Self-service supplier onboarding
- In-depth ERP integrations
- Reporting and analytics
- Configurable approvals
- Comprehensive security
Pro Tip: Want to know what the must-have AP capabilities are?
Download our AP Survival Guide for rich insights and avoid common pitfalls.
Top Basware Competitors to Consider in 2025
- Tipalti: Best for end-to-end AP and procure-to-pay automation
- Coupa: Best for sourcing and expense management
- Yooz: Best for invoice and document management
- Concur: Best for travel and expense management
- Medius: Best for invoice processing and procurement
Quick Comparison: Basware Alternatives
Comparison of Core AP Features
| Feature | Basware | Tipalti | Coupa | Yooz | Concur | Medius |
|---|---|---|---|---|---|---|
| Invoice Capture | ML/AI | ML/AI | InvoiceSmash add-on | AI | ⚠️ OCR | ML/AI |
| Approval Routing | Supplier-based | Advanced, configurable, multi-level | Rules-based | Weak | Travel-focused | Drag-drop rules |
| Predictive GL | ✅ | ✅ | ❌ | ✅ | Rules-based | Rules-based |
| Custom Fields | ✅ | ✅ | ✅ | Manual mapping | Minimal | Based on ERP setup |
| Approval Emails | ✅ | Branded with invoice copy | ✅ | ✅ | ✅ | ✅ |
| E-Invoicing | ✅ | ✅ | ✅ | ❌ | ✅ | ✅ |
| PO Matching | 2 and 3-way | 2 and 3-way, line-level, flagging | 2 and 3-way | 2 and 3-way | Line 3-way | Advanced 2 and 3-way |
| ERP Integration | ✅ | 70+ native | SAP Oracle focus | Sage focus | Connectors unreliable | Legacy ERPs, weak NetSuite |
| Reconciliation | ❌ | Instant via central account | ❌ | Needs Coupa Pay | ❌ | ✅ |
Comparison of Global Capabilities
| Feature | Basware | Tipalti | Coupa | Yooz | Concur | Medius |
|---|---|---|---|---|---|---|
| Tax Compliance | ❌ | KPMG-approved engine | Add-on | ❌ | ❌ | Tax forms collected at onboarding |
| Global Payments | ❌ | 200+ countries, 120+ currencies | Coupa Pay add-on | 3rd-party only | Retired ACH, partner bank | Bank/partner, not licensed |
| Fee Splitting | ❌ | Departments/entities | Complex allocations | Workarounds | ❌ | Split invoice tool |
| Financial Controls | Role-based, add-on audits | Enterprise-grade, strong audit logs | Deep procurement tie-in | Basic role approvals | Moderate with travel/expense focus | Moderate controls |
| Best For | Large orgs, 50K+ invoice transactions | Global, high-growth firms | Sourcing-focused orgs | SMBs and mid-market | Travel and expense focused firms | Enterprises with high-invoice volume and legacy ERP systems |
1. Tipalti: Built for High-Growth AP Teams
As one of the most sophisticated accounts payable solutions in the industry, Tipalti leads the list of Basware competitors. The system is built for global businesses with complex AP operations and high volumes of payments.
With seamless end-to-end AP automation, Tipalti helps AP teams reduce manual work by up to 80%.
Top Features
- AI-powered automated invoice data capture and GL coding
- Reliable global payments in 120+ currencies across 200+ countries
- Enterprise-grade fraud detection and risk management
- International tax compliance automation (W-9, W-8 collection and validation in the US)
- Multi-entity and subsidiary management
- Deep ERP, accounting, and management software integrations (including NetSuite, QuickBooks, Xero, Acumatica, and more)
- AI Assistant and autonomous agents that streamline workflows, surface insights, and support finance teams in real time
Serviceable Market
Tipalti is ideal for mid-market and enterprise organizations, particularly those managing high-volume, global supplier payments. These businesses will gain significant value from the platform’s capabilities.
Strengths
- User-friendly interface with automation at scale
- Robust global payment capabilities
- Scalable for companies managing multiple subsidiaries
- Advanced compliance and fraud prevention support
- Supplier self-onboarding with portal and payment status notifications
Pricing
Tipalti operates on a subscription-based model, with additional transaction fees applied. The plans are broken into two sections: Accounts Payable and Mass Payments:
AP Plans
- Starter – $99/month
- Premium – Custom
- Elite – Custom
Tipalti vs. Basware: The Numbers Speak
Experience faster closes, fewer payment errors, and an AP process that runs 80% lighter—only with Tipalti.
What Our Customers Say
Tipalti vs. Basware: Side-by-Side Comparison
| Tipalti | Basware | |
|---|---|---|
| Invoice Management | AI-based OCR, predictive GL coding and approval routing, best-in-class approval emails, and e-invoicing support | ML-based matching, coding, and routing, limited approval emails, and e-invoicing support |
| PO Matching | 2 and 3-way | 2- and 3-way matching are paid add-on features |
| Reconciliation and Reporting | Fully managed in-house API and file-based integrations with leading ERPs, instant reconciliation | 250+ ERP connections. No instant payables reconciliation via a central account |
| Tax and Regulatory Compliance | KPMG approved digital tax engine, TIN validations, prep reports, withholdings, and eFiling | No built-in IRS tax compliance workflows |
| Global Remittance | Pay to 200+ countries and territories in 120+ currencies via 50+ methods. Globally licensed, Bluechip bank partners, fraud protection | Payments handled via banks or 3rd party providers like Corpay. Not a globally licensed money transmitter |
| FX Solutions | Convert currencies, manage intercompany bank transfers, hedge FX risks | ❌ None |
| Supplier Management | Self-service onboarding, payment validations, proactive status comms, supplier choice, and visibility. 26K+ rules validate payments, screen against OFAC/SDN lists | Enroll in the Basware Network. E-invoicing focus – can be difficult to enforce on suppliers. No customer branding or pay validations |
| Bill Approval | Via email with no login or fee, with flexible workflows. | Via email, rules-based workflows. |
| Pay Fee Splitting | Split fees between payer and payee. | ❌ None |
| Multi-Entity | Manages payables for multiple subsidiaries with shared or separate workflows and automatic currency/entity mapping. | Targets globally operating organizations. No branding, onboarding, tax support, or workflows per entity |
| Scalability | Works for high-volume, global companies managing a multitude of payments each month. | Handles a high volume of invoices but lacks the solutions and flexibility that growing businesses need. |
How Other Basware Competitors Stack Up
Before diving into the details of each alternative, it’s essential to understand how these Basware competitors differentiate themselves in terms of capabilities, target markets, and pricing. Below, we break down the strengths and key features of other leading AP automation solutions, allowing you to compare them side by side.
2. Coupa
While primarily a procurement software, Coupa offers AP automation, expense management, and contract management tools.
By integrating multiple modules, Coupa users can automate invoice processing, purchase order matching, reconciliation, and bill payments.
Top Features
- Invoice automation and PO matching
- Global payments via payment partners
- Supplier collaboration portal
- Compliance and fraud detection tools
- ERP integrations (SAP, Oracle, NetSuite, Airbase, etc.)
Serviceable Market
Coupa is designed for large enterprises across various industries, including healthcare, manufacturing, financial services, and supply chains.
Strengths
- Automated invoice data extraction and matching of PO-backed invoices
- Strong supplier management capabilities
- In-depth AI-driven insights, analytics, and reporting
Pricing
Coupa charges a bundled amount for its core Procure and Invoice modules, with the fee varying based on company size and number of users. Optional add-on modules, such as Expenses, Coupa Pay, and fraud detection, are priced separately. There are additional costs for implementation, custom features, and integrations.
3. Yooz
Yooz is a cloud-based AP automation platform with no-touch invoicing, document-processing, and payment capabilities. The platform enhances security by leveraging AI and Robotic Process Automation to detect document fraud, flag duplicates, and enforce internal control rules.
Top Features
- AI-powered, multi-channel invoice data capturing
- Rules-based approval flow and PO creation
- Real-time purchase order matching and GL coding
- Integration with 250+ ERPs
- Automated document processing with YoozStamp and YoozSmartSplit
Serviceable Market
Yooz is well-suited for SMBs in sectors such as healthcare, retail, and manufacturing.
Strengths
- Seamless document management with cloud storage, indexing, and digital stapling
- No-touch invoice processing
- Custom report generation with visualization tools
Pricing
While Yooz has not listed its pricing, it offers a 15-day free trial. The pricing of its Gold Edition plan depends on the volume of documents processed.
4. Concur
Originally designed as a travel and expense management platform, Concur later added AP automation capabilities. Concur’s Invoice module integrates with other modules within the SAP ecosystem to automate the AP processes.
Unlike Tipalti, Concur doesn’t have a direct payment solution. Users need to add third-party payment providers for bill payments.
Top Features
- OCR-based data extraction
- Automated 3-way PO matching
- Mobile-friendly approval workflows
- Comprehensive analytics dashboard and KPIs to identify spend trends
Serviceable Market
While SAP Concur targets businesses of all sizes, it is best suited for SMBs. Companies in industries such as technology, education, travel, logistics, and financial services find Concur helpful for managing spend.
Strengths
- Mobile and cloud-based invoice management
- Robust integration with SAP tools, ERPs, and other accounting systems
- Persona-based dashboards and consultative intelligence
Pricing
SAP Concur offers a tiered, subscription-based pricing model that can be customized according to company size and required features.
5. Medius
Medius provides accounts payable automation designed to streamline invoice processing and payment workflows.
In addition to pre-built ERP integrations, Medius offers supplier onboarding tools and a payment automation solution that supports wire and ACH transfers.
Top Features
- AI-based data capture across multiple layouts and languages
- Approval flow template and hierarchical approval rules
- Analytics dashboard with automation insights
- Integrations with leading ERPs (SAP, Oracle, Microsoft Dynamics)
Serviceable Market
Medius caters to mid-size and large businesses. Some of the industries that find the most benefits include retail, construction, manufacturing, and healthcare.
Strengths
- AI and ML-powered invoice automation and GL auto-coding
- Robust fraud detection and compliance features
- Pre-built and custom ERP integrations
Pricing
Medius offers two AP automation packages — Medius AP Essentials and Medius AP 360. The overall cost is based on selected add-on solutions, such as e-procurement.
Pro Tip: Choosing the right AP automation solution can transform your finance operations.
Explore the 6 Top Benefits of Accounts Payable Automation in our recent article.
Why Tipalti Is the Top Basware Competitor
Smart, End-to-End AP Automation
Tipalti’s cutting-edge technology captures data, auto-codes, and routes invoices accurately. A branded self-service vendor portal, invoice approvals, PO matching, and seamless reconciliation with major ERPs combine to eliminate manual work.
A Unified Platform to Manage Global Entities
Handle thousands of transactions across multiple entities and regions with built-in multi-entity and multi-lingual support. Customize AP workflows for each entity and gain instant visibility into both consolidated and subsidiary-level performance.
Robust Global Payment Solutions
Send secure, on-time payments to 200+ countries in 120 currencies via 50+ payment methods—all managed from a single, centralized platform.
Deep ERP Sync for Faster Month-End Close
Integrates with all major ERPs and syncs ERP-specific features. With real-time payment data, full spend visibility, and quick reconciliation, Tipalti speeds up the monthly close.
Built-in Global Tax Compliance
As a KPMG-certified tax engine, Tipalti goes beyond its competitors by automating tax compliance. It supports W-8/W-9 collection, OFAC screening, withholding calculation, and tax ID collection in over 60 countries, among other features.
All-In-One Procure-to-Pay Solution
You need just one system to optimize your procure-to-pay lifecycle, from managing intake, creating POs, automating expense reports, onboarding vendors, and payment processing.
Tipalti Powers Tangible Results and Proven Impact
Year after year, Tipalti continues to earn awards and accolades from industry leaders and peers for its innovative solutions that empower finance professionals across sectors.
The reason is simple: Tipalti delivers tangible and proven ROI. For instance, switching over to Tipalti helped Stack Overflow eliminate 90% of manual processes, saving significant time and money.
Clients like PubMatic were able to substantially streamline their AP processes with Tipalti.
We’re saving massive amounts of time and have increased financial controls. With the Tipalti and NetSuite integration, we’ve streamlined as much as possible.
—Jason Wechsler, VP Revenue Accounting and Finance Automation, PubMatic
If your AP processes are not keeping pace with your business’s growth and expansion, it’s time to switch to Tipalti.
Making the Best Choice for Your Finance Team
Now that you’ve read our article on the top Basware competitors, you are in a position to make a smart investment decision.
Basware may meet many AP needs, but it does not extend into areas like global tax compliance, mass payments, entity-specific AP workflows, and expense management—the very areas where Tipalti is designed to excel.
Quick implementation and time to value are the other compelling reasons to pick Tipalti over its competitors.
We rest our case by saying Tipalti was rated as best-in-class in AP automation in Aite-Novarica’s 2023 AP Automation report, while Basware was named as a contender.
Ready to Switch from Basware? Scale Smarter with Tipalti
See how Tipalti helps finance leaders eliminate manual payables, increase global reach, and confidently scale.
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