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SPECIFICTION
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Basware vs Folio

Basware

basware.com

Folio

folio.co

Side by side

FigureBaswareFolio
Price from——
Free plan——
Free trial——
Open source——
WebYesYes
WindowsYes—
macOSYes—
iOSYes—
AndroidYes—
APIYes—
Plans published11
Spec score · Procure-to-Pay Software8.6 (#1)7.3 (#13)
HeadquartersEspoo, FinlandDurham, North Carolina, United States
IntegrationsBasware says its P2P solutions integrate with more than 250 ERP systems, including SAP, Oracle, and Microsoft, using open APIs and certified integrations.Folio integrates with accounting systems to sync suppliers, invoices, and payments; its announced partnership with M3 includes an enhanced integration for hotel finance teams.
SupportCustomer support is available by chat, web, or phone, and Basware provides a 24/7 AI-powered self-service chatbot.Folio support is available through in-app messages, email, and text; its most responsive hours are Monday to Friday, 9 a.m. to 6 p.m. Eastern, and phone calls are not supported.

Plans

Basware

  • Basware subscriptionPriced on request

Basware pricing →

Folio

  • FolioPriced on request

Folio pricing →

In their own words

Basware

Basware is a procure-to-pay platform that automates work across procurement, accounts payable, and invoice processing. Its e-invoicing tools capture invoices submitted through different supplier channels; AI can code and route them, match them against records, and handle exceptions. Procurement capabilities include hosted catalogs, supplier management, guided request intake, stock integration, and approval workflows that issue purchase orders when requisitions are approved. Basware says its solutions connect to more than 250 ERP systems, including SAP, Oracle, and Microsoft, through open APIs and certified integrations. They can also use purchase-order data from existing procurement or ERP systems, complementing rather than replacing those systems. The platform is available on Android, iOS, and the web, with API access. Basware identifies global organizations processing more than 50,000 invoices annually, finance shared service centers, and multi-ERP environments as potential fits. Support is available by chat, web, and phone, plus a 24/7 AI-powered self-service chatbot. Pricing is tailored and available on request; no free plan is listed.

Visit basware.com

Folio

Folio has no write-up on Specifiction yet; its figures are above.

Visit folio.co