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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

    Ottimate

    Score8.9 out of 10
    N/AOttimate is an automated accounts payable platform.N/A
    Pricing
    Basware AP AutomationOttimate
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Basware AP AutomationOttimate
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details
    More Pricing Information
    Features
    Basware AP AutomationOttimate
    Accounts Payable
    Comparison of Accounts Payable features of Basware AP Automation and Ottimate
    Feature
    Basware AP Automation
    8.2
    3 Ratings
    13% above category average
    Ottimate
    1.4
    2 Ratings
    135% below category average
    Automated Accounts Payable Processes8.24 Ratings1.62 Ratings
    Vendor Management00 Ratings1.52 Ratings
    Tax Form Preparation00 Ratings1.12 Ratings
    Payment Management
    Comparison of Payment Management features of Basware AP Automation and Ottimate
    Feature
    Basware AP Automation
    -
    Ratings
    Ottimate
    1.5
    2 Ratings
    134% below category average
    Customizable Approval Policies00 Ratings1.62 Ratings
    Financial Document Management00 Ratings1.02 Ratings
    Payment Status Tracking00 Ratings1.52 Ratings
    Payment Audit Trail00 Ratings1.72 Ratings
    Duplicate Bill Detection00 Ratings1.62 Ratings
    Advanced OCR00 Ratings1.72 Ratings
    Electronic Funds Transfer00 Ratings1.62 Ratings
    Best Alternatives
    Basware AP AutomationOttimate
    Small Businesses
    Tipalti
    Score7.7 out of 10
    Tipalti
    Score7.7 out of 10
    Medium-sized Companies
    Stampli
    Score8.4 out of 10
    Stampli
    Score8.4 out of 10
    Enterprises
    Yooz
    Score8.8 out of 10
    Yooz
    Score8.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Basware AP AutomationOttimate
    Likelihood to Recommend
    7.7
    (10 ratings)
    5.5
    (3 ratings)
    Likelihood to Renew
    5.4
    (5 ratings)
    -
    (0 ratings)
    Usability
    8.4
    (4 ratings)
    -
    (0 ratings)
    Support Rating
    -
    (0 ratings)
    9.0
    (1 ratings)
    User Testimonials
    Basware AP AutomationOttimate
    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
    Read full review
    Ottimate
    It is well targeted at restaurants and similar service organizations with complex COGS. It dovetails well with complementary systems like FinTech payments. It wasn't designed by accountants, so there is a bit of roughness. Reporting is very limited: would like to see some SQL / build your own report functionality. Lookups are reasonably robust (filter for amount, time, vendor, etc). It is occasionally unstable but recovers gracefully. From our use case, it would be preferable to have the user approving the invoice ALSO have the ability to attach documents. This is left to the payment approver, who in our case is the "check signer".
    Read full review
    Pros
    Basware
    • Clear and intuitive software interface.
    • Easy to see the entire history of what happened to invoice.
    • Good integration with ERP system.
    Incentivized
    Read full review
    Ottimate
    • OCR
    • Workflow
    • Support
    Incentivized
    Read full review
    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
    Read full review
    Ottimate
    • Provide better analytics in terms of cost increases per item.
    • Provide the ability to create recipes and forward price increases to those recipes for accurate food cost projections.
    • Free Bill Pay
    Read full review
    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
    Read full review
    Ottimate
    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
    Read full review
    Ottimate
    No answers on this topic
    Support Rating
    Basware
    No answers on this topic
    Ottimate
    They have a dedicated support person for each customer who actually knows the product.
    Turnaround is usually within an hour or faster.
    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
    Ottimate
    We used DocuWare first; great experience; however, it was not made specifically for restaurant clients like Plate IQ is. Plate IQ does a much better job of recognizing common items, and they've continued to add a function that is important for restaurant owners. Restaurant 365, we felt, was trying to be a complete package of accounting/AP/AR/inventory. After looking at each piece, we didn't feel that each of them was as strong as the other.
    Incentivized
    Read full review
    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
    Ottimate
    • In my opinion, it has had zero impact on ROI now that we are paying for an additional year.
    • Another negative is that we've spent a lot of time discussing this issue with Plate IQ, to no avail. They feel it's appropriate to charge a company for an entire year of service even though said company emailed to cancel prior to the end of the first year of service.
    • We also wasted a lot of time onboarding this company only to find out that the software left a lot to be desired.
    Read full review
    ScreenShots