Basware vs Ramp Bill Pay

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.

Ramp Bill Pay handles accounts payable tasks including invoice processing, approvals, vendor management and payments. Ramp says its OCR captures invoice details and line items with 99% accuracy. It checks invoice line items against purchase orders through two-way and three-way matching, then routes bills using configurable approval flows, roles and permissions. Payment options include card, ACH, check and wire, including international payments. The free plan includes Bill Pay without a monthly software fee, though payment fees vary by method and certain ERP integrations require Ramp Plus. Plus costs $15 a month and adds advanced AP features such as auto-coded line items, AI-driven approval recommendations, batch payments and payment release approvals; annual billing is listed with a 20% saving. Enterprise pricing is custom. Listed accounting integrations include NetSuite, Sage Intacct, Zoho Books, Xero, QuickBooks and Microsoft Dynamics 365 Business Central. Ramp says it undergoes annual SOC 2 Type II audits and complies with PCI security standards. SSO and MFA are supported. The service is available on Android, iOS and web.