Europe was the territory where the first e-invoicing specialists, such as Basware, emerged. At the time, Basware was a specialist with great strengths against any competitor, until suite providers like Coupa began to invest in their e-invoicing capabilities. Now Coupa has become a specialist in this function and can compete head-to-head with Basware. Additionally, Coupa has begun to invest in its payment processing capabilities, something Basware has not done yet. Competitively, the providers are close, especially in European markets where the uses are within complex systems landscapes, complex e-invoicing matching and validation processes, and a final status of OK-2-Pay (not payment processing).
But what exactly differentiates the two vendors, and how does each one’s relative strengths factor into the customer shortlist creation and ultimately their selection?
Read this unfiltered SolutionMap results analysis from our Fall 2022 dataset to find out. In this Spend Matters PRO post, we’ll give readers insights from our detailed AP Automation analysis of Coupa and Basware and we’ll comment on each one’s relative strengths in a head-to-head comparison.
Spend Matters head-to-head columns share the insights of each fall and spring SolutionMap update. Subscribers to our PRO analyst content and SolutionMap Insider content can read the head-to-head columns, which provide comparative cuts of SolutionMap benchmark data for two solutions. For each column, we provide comparisons against the benchmarks, comparative scoring of vendors across dozens of functional requirements, and our analysts’ take on how each solution holds up in the competitive ring.
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