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Basware AP Automation vs. Mastercard Blockchain vs. Veem

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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

    Mastercard Blockchain

    Score10 out of 10
    N/AIn February 2021 Mastercard announced it is preparing to enable stablecoins directly on its network. Through partnerships with Paxos and Circle, among others, Mastercard aims to provide simplified digital currency solutions by making it simpler to convert cryptocurrency to traditional fiat currencies.N/A

    Veem

    Score8.8 out of 10
    N/AVeem, headquartered in San Francisco, offers payment tools to enable businesses to streamline their processes and build business relationships with suppliers and partners all over the world. Through integrations with popular business applications. Veem Local is an online and fee-free option to send, receive, and reconcile business payments within the United States. Veem Cross Border provides access to online global payment tools and pricing and enables users to send, spend, hold and invoice…

    $14.99

    per month

    Pricing
    Basware AP AutomationMastercard BlockchainVeem
    Editions & Modules
    No answers on this topic
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Basware AP AutomationMastercard BlockchainVeem
    Free Trial
    NoNoYes
    Free/Freemium Version
    NoNoNo
    Premium Consulting/Integration Services
    NoNoYes
    Entry-level Setup FeeNo setup feeNo setup feeNo setup fee
    Additional DetailsOne flat platform fee for all accounts. Get access to all platform features for a flat monthly fee of $14.99 USD ($18.99 CAD). - 2 free transactions per month. Accounts will only be charged after their 2nd completed transaction. - ACH/EFT $0 send/receive - Fast Transfer 0.5% for same or next day ACH - Check (US only) $1.99 to send - Veem Wallet $0 send/receive - International wires $0 fees and competitive exchange rates - Global Credit card 2.9% - Global Debit card 1% - Global Instant deposit 1% – min. $1.50
    More Pricing Information
    Features
    Basware AP AutomationMastercard BlockchainVeem
    Accounts Payable
    Comparison of Accounts Payable features of Basware AP Automation and Mastercard Blockchain and Veem
    Feature
    Basware AP Automation
    8.2
    3 Ratings
    13% above category average
    Mastercard Blockchain
    -
    Ratings
    Veem
    -
    Ratings
    Automated Accounts Payable Processes8.24 Ratings00 Ratings00 Ratings
    Best Alternatives
    Basware AP AutomationMastercard BlockchainVeem
    Small Businesses
    Tipalti
    Score7.7 out of 10
    No answers on this topic
    Tipalti
    Score7.7 out of 10
    Medium-sized Companies
    Stampli
    Score8.4 out of 10
    No answers on this topic
    Stampli
    Score8.4 out of 10
    Enterprises
    Yooz
    Score8.8 out of 10
    No answers on this topic
    Yooz
    Score8.8 out of 10
    All AlternativesView all alternativesView all alternativesView all alternatives
    User Ratings
    Basware AP AutomationMastercard BlockchainVeem
    Likelihood to Recommend
    7.7
    (10 ratings)
    -
    (0 ratings)
    -
    (0 ratings)
    Likelihood to Renew
    5.4
    (5 ratings)
    -
    (0 ratings)
    -
    (0 ratings)
    Usability
    8.4
    (4 ratings)
    -
    (0 ratings)
    -
    (0 ratings)
    User Testimonials
    Basware AP AutomationMastercard BlockchainVeem
    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
    Mastercard
    No answers on this topic
    Veem
    No answers on this topic
    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
    Mastercard
    No answers on this topic
    Veem
    No answers on this topic
    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
    Mastercard
    No answers on this topic
    Veem
    No answers on this topic
    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
    Mastercard
    No answers on this topic
    Veem
    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
    Mastercard
    No answers on this topic
    Veem
    No answers on this topic
    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
    Mastercard
    No answers on this topic
    Veem
    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
    Mastercard
    No answers on this topic
    Veem
    No answers on this topic
    ScreenShots