Basware AP Automation vs. Stampli

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Basware AP Automation
Score 7.2 out of 10
N/A
Basware’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
Stampli
Score 8.4 out of 10
N/A
Stampli offers software to run any procure-to-pay (P2P) process — and Billy, an AI employee, to operate it. The platform unifies Procurement, Invoice Management, and Payments in one system that automates AP while keeping teams in control.N/A
Pricing
Basware AP AutomationStampli
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Basware AP AutomationStampli
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
Community Pulse
Basware AP AutomationStampli
Features
Basware AP AutomationStampli
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
Basware AP Automation
8.2
3 Ratings
13% above category average
Stampli
9.0
15 Ratings
23% above category average
Automated Accounts Payable Processes8.24 Ratings9.114 Ratings
Vendor Management00 Ratings8.811 Ratings
Payment Management
Comparison of Payment Management features of Product A and Product B
Basware AP Automation
-
Ratings
Stampli
8.8
16 Ratings
14% above category average
Customizable Approval Policies00 Ratings8.912 Ratings
Financial Document Management00 Ratings8.812 Ratings
Payment Status Tracking00 Ratings9.115 Ratings
Payment Audit Trail00 Ratings8.915 Ratings
Duplicate Bill Detection00 Ratings8.815 Ratings
Advanced OCR00 Ratings8.812 Ratings
Electronic Funds Transfer00 Ratings8.18 Ratings
Best Alternatives
Basware AP AutomationStampli
Small Businesses
Square 9 Softworks
Square 9 Softworks
Score 9.3 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.3 out of 10
Medium-sized Companies
Square 9 Softworks
Square 9 Softworks
Score 9.3 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.3 out of 10
Enterprises
Yooz
Yooz
Score 8.8 out of 10
Yooz
Yooz
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Basware AP AutomationStampli
Likelihood to Recommend
7.7
(10 ratings)
9.0
(20 ratings)
Likelihood to Renew
5.4
(5 ratings)
8.9
(4 ratings)
Usability
8.4
(4 ratings)
8.8
(3 ratings)
Availability
-
(0 ratings)
9.1
(1 ratings)
Performance
-
(0 ratings)
9.1
(1 ratings)
Support Rating
-
(0 ratings)
9.1
(4 ratings)
Implementation Rating
-
(0 ratings)
8.8
(3 ratings)
Configurability
-
(0 ratings)
9.1
(1 ratings)
Contract Terms and Pricing Model
-
(0 ratings)
9.1
(1 ratings)
Ease of integration
-
(0 ratings)
9.1
(1 ratings)
Product Scalability
-
(0 ratings)
9.1
(1 ratings)
Vendor post-sale
-
(0 ratings)
9.1
(1 ratings)
Vendor pre-sale
-
(0 ratings)
9.1
(1 ratings)
User Testimonials
Basware AP AutomationStampli
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.
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Stampli
The Stampli tech is very good in processing our transactions and linking to our accounting system. And even for any pain points encountered, we have worked with their tech and customer rep teams (specifically [...]) to promptly resolve the matter in a seamless and pain free way (unlike our previous invoice processing provider).
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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.
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Stampli
  • Learning - Billy the bot learns much quicker than our previous OCR.
  • Global lookup - we have multiple entities which creates a challenge for finding invoices entered in the wrong place. Stampli has removed this issue.
  • Maximizing manpower - reduces the need for more personnel.
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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)
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Stampli
  • Only 1 template for vendor onboarding--we have multiple vendor "types" that would benefit from having tailored invites to the vendor portal
  • The software doesn't locate invoice details (such as invoice total) after the 1st page
  • Invoice discrepancy reporting could be easier and more robust
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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.
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Stampli
I cannot imagine going back to pre-Stampli processes. Our jobs in the Accounting department (not just AP) have all become more engaging because we've cut out so much mindless, non-value added work: data entry, signing checks, stuffing envelopes, stamping envelopes, etc.
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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.
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Stampli
A lot of checks and balances in the system that are an accountant's dream - just takes some time to understand the new process to get up to speed.
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Reliability and Availability
Basware
No answers on this topic
Stampli
Never an issue with downtime
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Performance
Basware
No answers on this topic
Stampli
Very fast and no issues with the Sage Intacct integration
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Support Rating
Basware
No answers on this topic
Stampli
We have a dedicated rep (who was also our implementation rep--they stay with you after implementation) who we can email whenever needed and meet with every quarter. There is a chat option within the software that gets responded to by a real person within minutes.
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Online Training
Basware
No answers on this topic
Stampli
Excellent documentation, step-by-step instructions
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Implementation Rating
Basware
No answers on this topic
Stampli
We lost an AP employee right as we were deciding to implement, so we had to speed up our timeline. We went from signing the contract to fully functional system within 4 weeks. We did not dedicate any more than 4 hours per week during the implementation.
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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
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Stampli
Tipalti was not system friendly to what we needed (syncing with NetSuite) and the implementation process was frustrating. We experienced delays and no responses from their team. Stampli has been the complete opposite! It's user friendly, from approvers to coders, reasonably priced, and their team members are responsive, caring, and genuine in getting you set up for success
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Contract Terms and Pricing Model
Basware
No answers on this topic
Stampli
I would not change anything
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Scalability
Basware
No answers on this topic
Stampli
Ease of deployment both domestic and international
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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
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Stampli
  • The best testament to Stampli is that is has decreased DTP (days to process) by over 3 days.
  • It has transformed invoice approval. No invoices are being sent duplicate times for approval by error. Stampli does a great job at identifying duplicate invoices.
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ScreenShots

Stampli Screenshots

Screenshot of multi-entity supportScreenshot of 2- and 3-way PO matchingScreenshot of the approvals interfaceScreenshot of AI-powered coding and workflowsScreenshot of invoice-centric communication