Basware AP Automation vs. Tungsten AP Essentials

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
Tungsten AP Essentials
Score 8.4 out of 10
N/A
Tungsten AP Essentials (formerly Kofax AP Essentials, or ReadSoft) is an accounts payable solution that automates the capture and validation of invoices from any source, in any format.N/A
Pricing
Basware AP AutomationTungsten AP Essentials
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Basware AP AutomationTungsten AP Essentials
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Community Pulse
Basware AP AutomationTungsten AP Essentials
Considered Both Products
Basware AP Automation
Chose Basware AP Automation
The product itself is great. Technically and overall usability is among the best. Basware AP Automation's main struggle is how the service organisation is setup with main parts being outsourced to other countries than what they support. Meaning the understanding of the local …
Tungsten AP Essentials

No answer on this topic

Features
Basware AP AutomationTungsten AP Essentials
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
Basware AP Automation
8.2
3 Ratings
13% above category average
Tungsten AP Essentials
8.3
1 Ratings
14% above category average
Automated Accounts Payable Processes8.24 Ratings9.01 Ratings
Vendor Management00 Ratings8.01 Ratings
Tax Form Preparation00 Ratings8.01 Ratings
Payment Management
Comparison of Payment Management features of Product A and Product B
Basware AP Automation
-
Ratings
Tungsten AP Essentials
8.4
1 Ratings
10% above category average
Customizable Approval Policies00 Ratings8.01 Ratings
Financial Document Management00 Ratings8.01 Ratings
Payment Status Tracking00 Ratings8.01 Ratings
Payment Audit Trail00 Ratings10.01 Ratings
Duplicate Bill Detection00 Ratings8.01 Ratings
Advanced OCR00 Ratings9.01 Ratings
Electronic Funds Transfer00 Ratings8.01 Ratings
Best Alternatives
Basware AP AutomationTungsten AP Essentials
Small Businesses
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Score 9.3 out of 10
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Medium-sized Companies
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Score 9.3 out of 10
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Score 9.3 out of 10
Enterprises
Yooz
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Score 8.8 out of 10
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Score 8.8 out of 10
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User Ratings
Basware AP AutomationTungsten AP Essentials
Likelihood to Recommend
7.7
(10 ratings)
9.0
(1 ratings)
Likelihood to Renew
5.4
(5 ratings)
-
(0 ratings)
Usability
8.4
(4 ratings)
9.0
(1 ratings)
User Testimonials
Basware AP AutomationTungsten AP Essentials
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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Tungsten Automation formerly Kofax
We are using Tungsten with the former Readsoft OCR Products and Ebydos webcycles. All incoming paper-based invoices, delivery documents, advices, etc. will be scanned and digitized incl. OCR by Tungsten. They are highly integrated in SAP processes and own developments. Tungsten Ebydos Webcycle is used for approval workflows for deviations in orders, PO volume, pricing, etc. This is also fully integrated in SAP workflows, incl. own developments.
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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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Tungsten Automation formerly Kofax
  • Excellent scanning and OCR.
  • Highly configurable workflows.
  • Audit proven transparency in SAP Systems.
  • Scalable and flexible solution.
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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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Tungsten Automation formerly Kofax
  • OCR recognition issues.
  • Interface Issues/sometimes slow interfaces.
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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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Tungsten Automation formerly Kofax
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.
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Tungsten Automation formerly Kofax
Industry-leading OCR and workflows, highly integrated into SAP Systems.
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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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Tungsten Automation formerly Kofax
Industry-leading OCR Products (Readsoft) and Webcycles (Ebydos). Very flexible, scalable, and highly integrated with SAP processes and own developments.
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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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Tungsten Automation formerly Kofax
  • Not yet, but replaces highly manual efforts.
  • Brings good productivities in AP processing.
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ScreenShots