Basware Procure-to-Pay vs. AccountEdge

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Basware Procure-to-Pay
Score 7.7 out of 10
N/A
A solution for all purchase order sources by integrating into any existing procurement or ERP system, with an e-Invoicing solution to automate invoice capture, touchless accounts payable automation, and e-procurement natively integrated.N/A
AccountEdge
Score 6.0 out of 10
Small Businesses (1-50 employees)
AccountEdge is a small business accounting software for Mac and Windows users. AccountEdge allows business owners to organize, process, and report on their financial information. Its features include accounting, integrated payroll, sales and purchases, contact management, inventory, and time billing. It was acquired by Priority Software in January 2018 to expand that company's small business portfolio.
$20
per month
Pricing
Basware Procure-to-PayAccountEdge
Editions & Modules
No answers on this topic
AccountEdge Pro
$20
per month
AccountEdge Network Edition
$30
per month
AccountEdge Hosted
$50
per month
Offerings
Pricing Offerings
Basware Procure-to-PayAccountEdge
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 Procure-to-PayAccountEdge
Features
Basware Procure-to-PayAccountEdge
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Basware Procure-to-Pay
-
Ratings
AccountEdge
6.6
6 Ratings
14% below category average
Pay calculation00 Ratings10.06 Ratings
Benefit plan administration00 Ratings8.04 Ratings
Direct deposit files00 Ratings5.04 Ratings
Salary revision and increment management00 Ratings6.05 Ratings
Reimbursement management00 Ratings4.03 Ratings
Security
Comparison of Security features of Product A and Product B
Basware Procure-to-Pay
-
Ratings
AccountEdge
9.0
7 Ratings
9% above category average
Role-based user permissions00 Ratings9.07 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Basware Procure-to-Pay
-
Ratings
AccountEdge
9.0
7 Ratings
14% above category average
Dashboards00 Ratings9.04 Ratings
Standard reports00 Ratings9.07 Ratings
Custom reports00 Ratings9.06 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Basware Procure-to-Pay
-
Ratings
AccountEdge
7.2
8 Ratings
6% below category average
Accounts payable00 Ratings9.08 Ratings
Accounts receivable00 Ratings9.08 Ratings
Cash management00 Ratings8.12 Ratings
Bank reconciliation00 Ratings6.08 Ratings
Expense management00 Ratings6.06 Ratings
Time tracking00 Ratings6.04 Ratings
Multi-currency support00 Ratings9.03 Ratings
Multi-division support00 Ratings9.02 Ratings
Regulations compliance00 Ratings7.02 Ratings
Electronic tax filing00 Ratings7.04 Ratings
Self-service portal00 Ratings2.71 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Basware Procure-to-Pay
-
Ratings
AccountEdge
8.0
6 Ratings
9% above category average
Inventory tracking00 Ratings8.06 Ratings
Automatic reordering00 Ratings8.01 Ratings
Location management00 Ratings8.03 Ratings
Manufacturing module00 Ratings8.02 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Basware Procure-to-Pay
-
Ratings
AccountEdge
8.0
7 Ratings
7% above category average
Pricing00 Ratings8.05 Ratings
Order entry00 Ratings9.05 Ratings
Credit card processing00 Ratings6.05 Ratings
Cost of goods sold00 Ratings9.06 Ratings
Customization
Comparison of Customization features of Product A and Product B
Basware Procure-to-Pay
-
Ratings
AccountEdge
5.0
3 Ratings
41% below category average
Plug-ins00 Ratings5.03 Ratings
Best Alternatives
Basware Procure-to-PayAccountEdge
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 9.1 out of 10
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 6.1 out of 10
Medium-sized Companies
Precoro
Precoro
Score 9.5 out of 10
Zoho Books
Zoho Books
Score 9.1 out of 10
Enterprises
SAP Cloud ERP
SAP Cloud ERP
Score 8.6 out of 10
SAP Cloud ERP
SAP Cloud ERP
Score 8.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Basware Procure-to-PayAccountEdge
Likelihood to Recommend
8.0
(6 ratings)
6.0
(18 ratings)
Likelihood to Renew
5.4
(5 ratings)
8.8
(10 ratings)
Usability
-
(0 ratings)
9.0
(3 ratings)
Availability
-
(0 ratings)
9.1
(1 ratings)
Support Rating
-
(0 ratings)
9.0
(3 ratings)
Implementation Rating
-
(0 ratings)
7.0
(1 ratings)
User Testimonials
Basware Procure-to-PayAccountEdge
Likelihood to Recommend
Basware
I would definitely recommend using Basware Purchase to Pay in your organization, it handles high amounts of invoices efficiently and you can perform your work with ease. I am acting as a Basware superuser in my team so I know this software thoroughly and it rarely gives any issues, even errors are described in a clear way so the user knows what needs to be resolved/what is missing.
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Priority Software
If you are handling a large client list, and are selling services, it is dead easy. If you are managing/selling a physical inventory, it seems like it has great options to do that quite well (disclaimer, I do not use those functions, but I have paid attention as that functionality was built into the software). If you want to link your bank account to a bookkeeping platform, this is not the software for you (at least so far).
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Pros
Basware
  • It's easy to process invoices in a very short amount of time due to the fact that you can save your frequently used fields as favorites
  • The system is extremely easy to use as there are only a few steps required for complete processing of invoices
  • The ability to create and save templates of commonly used coding makes coding of invoices is fast and easy
  • Often times no interaction is even needed for invoice processing as received items and POs will match up on the back end with no intervention
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Priority Software
  • AccountEdge has a robust report menu that allows a user to slice and dice data for analysis. Report on projects for the life of the project across fiscal years. Report on different departments with segregated income statements.
  • For users who want to run payroll in house that is easily done through the payroll module. Print physical checks or direct deposit to employee's account, process payroll taxes and file year end W2s.
  • My personal favorites are time billing and retainers. As a service based business I can at my fingertips review how much money a client has on deposit with me and how much of that will be billed out at the end of the month. The integration with AccountEdge Mobile rounds it all out with being able to log my time on-site.
  • Last but not least AccountEdge Mobile in general, as the companion app for the desktop software is invaluable. My heaviest use is the spend money feature. Excellent for logging travel receipts & cash expenses while they are fresh on the brain. Really cuts back the data entry at the end of a trip and trying to recall what something may have been for.
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Cons
Basware
  • Once you cancel the document in "cancellation queue" it cannot be restored or viewed.
  • Sometimes but relatively rarely the program opens slowly.
  • In rare instances the program freezes and needs to be restarted.
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Priority Software
  • My biggest frustration, and one that I've mentioned to Acclivity for many years, is that it only permits opening nine windows at a time (plus the home window). I hit that limit almost daily, and then I have to decide what do I close so I can complete the transaction that needed the "9th" window.
  • The Accounts section includes two quick reports, "Analyze Profit and Loss" and "Analyze Balance Sheet. These can be filtered for the current month or any prior month in the current fiscal year. And that's fine most of the year, but at the beginning of the next year, when I haven't yet started the new fiscal year, these only go to December of the prior year. The regular reports for these can select "next year;" why can't these?
  • It would be helpful if the journal entry number would have one or two additional digits available. For example, when I am entering journal entries for a client, I would like to use a number such as CPA2014001, CPA2014002, etc. to distinguish what I enter from the "automatic" entries that AccountEdge does. But that's one more digit than AccountEdge allows, so if I had over 100 adjustments, I would run out of entry numbers.
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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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Priority Software
Without a doubt, when you need to do accounting use the program that will get the job done in the least amount of time with the least amount of errors. Once you are using a program that works you stay with it year after year and you will find yourself even excited about the updates
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Usability
Basware
No answers on this topic
Priority Software
The intuitive interface does all the tasks we need our accounting software to do. Some tasks are slower to process than I would like but overall very usable. Customizable forms let us choose to either go with the easy ready-made out-of-the-box options or retool them to better fit our specific needs.
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Reliability and Availability
Basware
No answers on this topic
Priority Software
One of the finer advantages of desktop software, it's always available. AccountEdge doesn't suffer from outages or sluggish internet like web based applications do. It's always there when you power on your device!
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Support Rating
Basware
No answers on this topic
Priority Software
On the few occasions we have needed tech support over the years, they were responsive and worked to get to the root of the issues. However, even though Checkout POS is a separate application, it was pitched to us as a natural extension of the functionality of our AE software that would integrate seamlessly. The company's support for Checkout has been minimal at best, and now totally abandoned. That colors our view of Priority's support unfortunately. And to be honest, that's why it's a 9 instead of a 10. So to be fair, AccountEdge's support itself has been very good over the years.
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Implementation Rating
Basware
No answers on this topic
Priority Software
unfortunately no.
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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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Priority Software
For Mac enthusiasts, AccountEdge is the complete installed software solution for small to medium-sized businesses, as it has so many capabilities that QuickBooks for Mac lacks. However, it holds your hand less than QuickBooks for Mac does, so you ought to know what your are doing in keeping business books properly. If your needs are simple, QuickBooks for Mac may be a better solution. QuickBooks Online and Xero are excellent cloud accounting solutions that can be used on the Mac equally well as on Windows. QuickBooks Online offers a similar set of features as QuickBooks for Mac, with the addition of anywhere, anytime access. Xero is a great basic accounting solution in the cloud that can also be used equally well on Macs and WIndows, and offers endless customization and flexibility through its extensive third-party app integration for almost any need.
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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
Read full review
Priority Software
  • Increased employee efficiency - Time is no longer spent switching between programs because all of the information can be found in one place.
  • Customer service has also improved because employees find the program much easier to use, even at the point of sale.
  • Better record keeping - AccountEdge has a very simple invoicing application that allows us to keep track of and balance our accounts.
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ScreenShots

AccountEdge Screenshots

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