Basware vs Proc7

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.

Proc7 manages the procure-to-pay process, from purchase requisition through invoice payment. It combines purchase orders, supplier management, catalogs, invoice handling, and approval workflows. Supplier tools cover onboarding, risk assessments, performance scorecards, questionnaires, and sustainability metrics. Through a supplier portal, suppliers can view orders, submit invoices, send advance shipping notices, acknowledge orders, and update estimated arrival times. Catalog support includes internal catalogs, supplier price sheets, tiered pricing, and cXML punchout. Proc7 matches invoices against purchase orders and goods receipts, with automatic UK VAT, EU VAT, and US Sales Tax calculation. Approval workflows allow custom thresholds, escalations, and versioned definitions. The service runs on the web and through an API. Starter costs $99 a month, Growth $399 a month, and Scale $1,199 a month. Each plan includes a 14-day free trial, and Proc7 says no credit card is required to start.