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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

    Precoro

    Score9.5 out of 10
    Mid-Size Companies (51-1,000 employees)
    Precoro is an Agentic Procurement & AP Centralization Platform that eliminates time-consuming manual procedures and human error, automating operations and centralizing purchasing processes. Precoro AI Crews cover intake to payment, inside each company's own workflows and rules, so procurement and finance teams can scale output, not headcount. Precoro enables users to: - The Purchasing Crew lets users approve documents from any device using email or Slack notifications, streamlining…

    $5,988

    per year

    Pricing
    Basware AP AutomationPrecoro
    Editions & Modules
    No answers on this topic
    Core
    $499
    per month (billed annually)
    Automation
    $999
    per month (billed annually)
    Suite
    Individually Tailored Pricing
    per year
    Offerings
    Pricing Offerings
    Basware AP AutomationPrecoro
    Free Trial
    NoYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    Basware AP AutomationPrecoro
    Considered Both Products
    Basware
    No answer on this topic
    Precoro
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    100%
    Would buy again
    18 Answers
    Delivers good value for the price
    No answers on this topic
    100%
    Delivers good value for the price
    18 Answers
    Happy with the feature set
    No answers on this topic
    100%
    Happy with the feature set
    18 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    100%
    Lived up to sales and marketing promises
    16 Answers
    Implementation went as expected
    No answers on this topic
    100%
    Implementation went as expected
    17 Answers
    Features
    Basware AP AutomationPrecoro
    Accounts Payable
    Comparison of Accounts Payable features of Basware AP Automation and Precoro
    Feature
    Basware AP Automation
    8.2
    3 Ratings
    13% above category average
    Precoro
    -
    Ratings
    Automated Accounts Payable Processes8.24 Ratings00 Ratings
    Best Alternatives
    Basware AP AutomationPrecoro
    Small Businesses
    Tipalti
    Score7.7 out of 10
    No answers on this topic
    Medium-sized Companies
    Stampli
    Score8.2 out of 10
    Zip Intake-to-Procure
    Score7.9 out of 10
    Enterprises
    Yooz
    Score8.8 out of 10
    GEP Quantum Intelligence
    Score9.2 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Basware AP AutomationPrecoro
    Likelihood to Recommend
    7.7
    (10 ratings)
    9.5
    (18 ratings)
    Likelihood to Renew
    5.4
    (5 ratings)
    -
    (0 ratings)
    Usability
    8.4
    (4 ratings)
    10.0
    (3 ratings)
    Support Rating
    -
    (0 ratings)
    10.0
    (2 ratings)
    User Testimonials
    Basware AP AutomationPrecoro
    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
    Precoro
    Precoro is great if you need to keep your organization aware of where in the purchasing process an order is, and if you need a place to communicate about orders & keep a record of those communications. It does not work too well for a variety of purchasing requests - the process lacks complexity.
    Incentivized
    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
    Precoro
    • Editing the catalog data is very easy. We can export/import it from Excel
    • Comparing prices to make the right decisions
    • Fast approvals with specific roles for colleagues
    • Visual analytics and budget control for each department
    • Ability to add as many custom fields as we need to cover all processes
    • Real-time stock control and warehouse request creation right from the inventory module
    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
    Precoro
    • For companies with more complex inventory needs, additional features in that area could be helpful.
    • The mobile app is great for approvals, but it could support more features from the desktop version.
    • Occasionally, loading reports with a large amount of data takes a few extra seconds.
    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
    Precoro
    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
    Precoro
    At first glance it seemed to be rather difficult in use, but actually it turned out to be much easier [than] we thought. Thanks to the Precoro team we could go through the procurement workflow. Now with [the] right, user-friendly software partner, we are absolutely ready to meet all [our] company's needs.
    Read full review
    Support Rating
    Basware
    No answers on this topic
    Precoro
    Precoro is a company, which makes great products for businesses. What is more, it is a team of professionals, who are always keep[ing] in touch with you. Thanks [to] Precoro, we easily go through procurement workflow and manage all of our POs in a couple of minutes. We had a great experience with the Precoro team which helped us with installation of the software.
    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
    Precoro
    Precoro is unique because it can be customizable from start to finish without needing to build in API. It is extremely easy to use and understand, so we did not need to give our employees extensive training as we did with Tradogram. Precoro also allowed us to communicate about orders right within the order itself, where the other software did not.
    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
    Precoro
    • We can track each purchase order, who created it, and why. They are no longer lost, and we can always see the history. The dashboard allows us to monitor information about all essential documents and at what stage they are now and keep track of which invoices have not yet been paid or partially paid.
    • By setting up budgets for each department, we can effectively plan the allocation and prevent overspending.
    • The system is very flexible and convenient. I can't imagine my work without it.
    Read full review
    ScreenShots

    Precoro Screenshots

    Screenshot of AI-powered OCRScreenshot of a Purchase Order: approval information, live budget information, and Supplier infoScreenshot of the configuration interfaceScreenshot of a view of the dashboardScreenshot of BudgetsScreenshot of the item catalog