Basware
7.0#1 in sap store softwareAndroidiOSWebAPI
VisitBasware vs Tradeshift
Tradeshift
7.6#1 in working capital management softwareFree planFree planWebAPI
VisitWhat both publish
| Fact | Basware | Tradeshift |
|---|---|---|
| Analytics | Basware reports 89% touchless processing, 98% first-pass matching on PO invoices and 85% invoices paid on time on its P2P page. | Generative-AI dashboards provide real-time visibility into approvals, payments, spending and compliance. |
| Approval workflows | Yes | Invoices can be automatically routed through predefined approval rules, including mobile and fast-track approval options. |
| Company size | LinkedIn lists Basware as privately held, headquartered in Espoo, founded in 1985 and employing 1,001–5,000 people. | LinkedIn lists 501–1,000 employees. |
| Founded | Basware says it was founded in 1985. | 2010 |
| Integrations | Basware says its P2P solutions integrate with more than 250 ERP systems, including SAP, Oracle, and Microsoft, using open APIs and certified integrations. | Prebuilt connectors are listed for SAP ECC, SAP S/4HANA, Oracle E-Business Suite, Oracle Fusion and NetSuite. |
| Invoice matching | The service matches invoices against purchase orders, contracts and goods receipts, including invoices originating in external procurement systems. | AI and multi-way matching can match invoices against purchase orders, goods receipts or contracts. |
| Licence | The public developer material describes a credentialed hosted service and does not identify an open-source licence or SDK distribution. | The Tradeshift platform is presented as proprietary SaaS; no public open-source licence is stated on the cited official product, API or security pages. |
| Procurement | Basware Purchase supports requisition approval, purchase orders, receiving and broader e-procurement transformation. | Procure-to-pay tools provide consumer-style buying, catalog management, contract compliance and ERP or marketplace punch-out. |
| Rating on Capterra | 3.9 out of 5 from 21 reviews | 4.0 out of 5 from 3 reviews |
| Rating on G2 | 4.2 out of 5 from 156 reviews | 3.9 out of 5 from 253 reviews |
| Rating on Gartner Peer Insights | 4.7 out of 5 from 292 reviews | 4.7 out of 5 from 48 ratings |
| Rating on GetApp | 3.9 out of 5 from 21 reviews | 4.0 out of 5 from 3 reviews |
Basware plans
- Basware subscriptionPriced on request
Tradeshift plans
- Free tierFree
- FreeFree
- Tier 4Priced on request
- Tier 3Priced on request
- Tier 2Priced on request
- Paid packagesPriced on request
Pick Basware if…
Basware is aimed at large, globally operating organizations with high invoice volumes, finance shared service centers, and businesses working across multiple ERP systems.
Pick Tradeshift if…
Tradeshift is aimed at large and mid-sized companies managing accounts payable, purchasing, suppliers or e-invoicing compliance. Its buyer and supplier capabilities may suit organizations seeking invoice automation alongside procurement workflows.