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SPECIFICTION
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Basware vs Versapay

Basware

basware.com

Versapay

versapay.com

Side by side

FigureBaswareVersapay
Price from——
Free plan——
Free trial——
Open source——
WebYesYes
WindowsYes—
macOSYes—
iOSYes—
AndroidYes—
APIYesYes
Plans published11
Spec score · Working Capital Management Software8.5 (#1)6.6 (#10)
Spec score · Financial Operations (FinOps) Software8.6 (#6)6.6 (#21)
APIBasware exposes a public-internet REST API using JSON payloads for AP Automation, Supplier Management and Basware Network data exchange.Versapay publishes API documentation, and its API reference states a standard limit of 1,500 requests per minute per IP address.
ERP integrationsBasware states that it has integrated with more than 250 ERP systems, including SAP, Oracle and Microsoft environments.Pre-built ERP connectors include Microsoft Dynamics, Sage, Oracle NetSuite, and MRI, with API and file-based integrations available for other systems.
FoundedBasware says it was founded in 1985.2006
HeadquartersEspoo, FinlandA company page reports that Versapay relocated its headquarters from Toronto to Miami, Florida.
PurposeBasware automates procure-to-pay processes spanning procurement, accounts payable, and invoice automation.Versapay’s accounts receivable platform automates invoice-to-cash work, from invoicing through reconciliation.
SupportCustomer support is available by chat, web, or phone, and Basware provides a 24/7 AI-powered self-service chatbot.The support page lists phone support at 1-866-999-8729 and a customer support request form.

Plans

Basware

  • Basware subscriptionPriced on request

Basware pricing →

Versapay

  • Accounts Receivable AutomationPriced on request

Versapay 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

Versapay

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

Visit versapay.com