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Basware AP Automation vs. Fourth Procurement and Inventory

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Basware AP Automation

    Score7.2 out of 10
    N/ABasware’s AI/ML-powered solution provides touchless invoice processing for organizations. Its artificial intelligence and machine learning functionality is available at every point in the process – from invoice receipt and routing to automated matching and coding – adding value by speeding up tasks and eliminating errors.N/A

    Fourth Procurement and Inventory

    Score8 out of 10
    N/AFourth Procurement and Inventory is software that ties together procurement, 3-way matching, inventory and recipe control. It’s fully integrated, mobile-friendly and can be accessed with a single login. Using predicted sales functionality and analytics, it lets the user forecast demand more accurately.N/A
    Pricing
    Basware AP AutomationFourth Procurement and Inventory
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Basware AP AutomationFourth Procurement and Inventory
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Features
    Basware AP AutomationFourth Procurement and Inventory
    Accounts Payable
    Comparison of Accounts Payable features of Basware AP Automation and Fourth Procurement and Inventory
    Feature
    Basware AP Automation
    8.2
    3 Ratings
    13% above category average
    Fourth Procurement and Inventory
    -
    Ratings
    Automated Accounts Payable Processes8.24 Ratings00 Ratings
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    Basware AP AutomationFourth Procurement and Inventory
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    Score8.4 out of 10
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    All AlternativesView all alternativesView all alternatives
    User Ratings
    Basware AP AutomationFourth Procurement and Inventory
    Likelihood to Recommend
    7.7
    (10 ratings)
    7.4
    (4 ratings)
    Likelihood to Renew
    5.4
    (5 ratings)
    -
    (0 ratings)
    Usability
    8.4
    (4 ratings)
    -
    (0 ratings)
    Support Rating
    -
    (0 ratings)
    7.5
    (4 ratings)
    User Testimonials
    Basware AP AutomationFourth Procurement and Inventory
    Likelihood to Recommend
    Basware
    The system it self and its functionality is great. Most screens and work flows are easy to understand and use without any training. Its usually obvious what the next step is for the user, e.g adding coding, review etc. The information shown to the user is also built in a good way and the overall "feel" of the system is among best in market. Some of the admin parts require Basware AP Automation help, even though you technically can do it yourself as admin, the documentation available is not enough to help you through it.
    Incentivized
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    HotSchedules and Fourth
    The product is user-friendly in automating the tasks, managing the master data through central purchasing, and creating custom reports. It lacks certain basic functionalities like a record of wastages, sending automated emails confirming if the automatic tasks (scheduled tasks) have been completed or not, and the ability to automate the nutrition information, etc.
    Incentivized
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    Pros
    Basware
    • Clear and intuitive software interface.
    • Easy to see the entire history of what happened to invoice.
    • Good integration with ERP system.
    Incentivized
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    HotSchedules and Fourth
    • The 'stock management' tab on the home screen is of particular use when keeping tabs on incoming deliveries into the restaurant.
    • The option to open and close your stock period is great as you have the chance to edit your stock at a moment's notice.
    Incentivized
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    Cons
    Basware
    • There needs to be an easier way to view past invoices as the current method requires that you select from the pull-down menu each and every time
    • Instructions for the more commonly used features should be available within the program itself rather than having to search the online help index in order to find this information (bubble pop ups would be nice)
    • More functionality should be build into the invoice processing system (you should be able to forward via email, include screenshots, etc)
    Incentivized
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    HotSchedules and Fourth
    • It would help massively to see via Enterprise and menu items what ones are no longer active, to keep the data tidy.
    • When you take purchase reports from Enterprise and select to organise them by category, show the name of the category on the actual report download.
    • Quick and easy upload/download of supplier products for correcting prices, descriptions, prices in bulk.
    Incentivized
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    Likelihood to Renew
    Basware
    We will continue using product and continue renewing as it is widely used product and it has been well adapted by users in our organization. The product is expensive but we will use it. Hopefully the product bugs will be fixed in future and they will provide more HA architecture feather for Basware.
    Incentivized
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    HotSchedules and Fourth
    No answers on this topic
    Usability
    Basware
    The GUI and workflows are easy to understand. It makes sense where the "buttons" and menus are located. Design is overall getting improvements constantly as well, so there is updates coming all the time. System is quick, few bugs and errors that cause issues. Up time and accessibility is on a very good level.
    Incentivized
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    HotSchedules and Fourth
    No answers on this topic
    Support Rating
    Basware
    No answers on this topic
    HotSchedules and Fourth
    Too long to get an answer.
    Incentivized
    Read full review
    Alternatives Considered
    Basware
    Basware was not my selection as I was not with the company at the time. It was easy to learn and we have maintained a good working relationship with Basware. It is a very good way to process the workflow of invoices from start to finish
    Incentivized
    Read full review
    HotSchedules and Fourth
    No answers on this topic
    Return on Investment
    Basware
    • faster processing of invoices due to short step process
    • it's user friendly so not much training is needed to use the system
    • templates and favorites decreases time spent
    Incentivized
    Read full review
    HotSchedules and Fourth
    • Procurement: Integrating some of the key suppliers with Trade Simple has saved labour hours.
    • Integration: GL Integrations have increased the efficiency and quality of data.
    Incentivized
    Read full review
    ScreenShots

    Fourth Procurement and Inventory Screenshots

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