Basware vs Invoiced
Basware
basware.com
Invoiced
invoiced.comSide by side
| Figure | Basware | Invoiced |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | Yes | — |
| macOS | Yes | — |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | Yes |
| Plans published | 1 | 1 |
| Spec score · Working Capital Management Software | 8.5 (#1) | 7.9 (#4) |
| Spec score · Financial Operations (FinOps) Software | 8.6 (#6) | 8.0 (#11) |
| Founded | Basware says it was founded in 1985. | Flywire was started as peerTransfer in 2009 and founded as Flywire in 2011. |
| Headquarters | Espoo, Finland | Flywire is headquartered in Boston, Massachusetts. |
| Integrations | Basware says its P2P solutions integrate with more than 250 ERP systems, including SAP, Oracle, and Microsoft, using open APIs and certified integrations. | Native integrations include NetSuite, Microsoft Dynamics 365, Sage Intacct, QuickBooks, Xero, and Workday Finance, with 1,000+ additional systems available via API. |
| Purpose | Basware automates procure-to-pay processes spanning procurement, accounts payable, and invoice automation. | Invoiced is an AI-native invoice-to-cash platform for B2B finance teams that combines accounts receivable automation with embedded global payments. |
| Support | Customer support is available by chat, web, or phone, and Basware provides a 24/7 AI-powered self-service chatbot. | Prospective customers can schedule a live 25-minute product demo with a product expert and ask questions about workflows, integrations, and payment requirements. |
Plans
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.
Invoiced
Invoiced by Flywire is a web-based invoice-to-cash platform for B2B finance teams, combining accounts receivable automation with embedded global payments. It automates invoicing, collections, cash application, payment posting, reporting, and forecasting. AI features support adaptive collections outreach, payment matching, remittance processing, and alerts for accounts at risk. Reporting includes real-time invoice-to-cash views, collection forecasts, multi-entity reports, and prebuilt or custom options.
Customers can pay through methods including ACH, Bacs, SEPA, direct debit, credit cards, and virtual cards. A customer portal supports invoice viewing, payment tracking, local-currency payments, AutoPay, and receipt and statement downloads. Native integrations include NetSuite, Sage Intacct, Microsoft Dynamics, QuickBooks, Xero, and Workday; Integration Studio connects to 1,000+ apps through an API. The maker positions it for upper-mid-market and enterprise B2B teams. Access is through a responsive web app, and an API sandbox is available. Pricing is on request and depends on requirements and platform use.