Basware vs Xeeva Spend Analytics

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.

Xeeva Spend Analytics analyzes spending across locations and business units to bring procurement savings opportunities into a consolidated view. AI-powered dashboards, analysis, and recommendations identify areas such as tail spend, supplier consolidation, working capital, freight costs, and purchase price variance. Item-level analytics can surface spend leakage, early payment discounts, freight savings, and further supplier or pricing opportunities. Prescriptive actions give procurement and sourcing teams next steps, and the product tracks savings projects against goals. Opportunities can be sent to Xeeva’s Sourcing application, where users can start eAuctions or eRFX. Connections can use files, middleware, APIs, and standard interfaces including SOAP and REST. Users can sign in with customer SSO or Xeeva credentials, with access assigned by role, category, and location. Xeeva offers a free assessment and high-level categorization for indirect spend. Platforms listed are API and web.