Basware Procure-to-Pay vs. Teampay

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
Teampay
Score 7.0 out of 10
N/A
Teampay (Team Labs, Inc) headquartered in New York provides their distributed spend management platform, designed to give users total control and visibility over spending, and employees purchasing power.N/A
Pricing
Basware Procure-to-PayTeampay
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Basware Procure-to-PayTeampay
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Basware Procure-to-PayTeampay
Best Alternatives
Basware Procure-to-PayTeampay
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 9.1 out of 10
BILL Spend & Expense
BILL Spend & Expense
Score 8.8 out of 10
Medium-sized Companies
Precoro
Precoro
Score 9.5 out of 10
Lola.com
Lola.com
Score 8.0 out of 10
Enterprises
SAP Cloud ERP
SAP Cloud ERP
Score 8.6 out of 10
SAP Concur
SAP Concur
Score 8.4 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Basware Procure-to-PayTeampay
Likelihood to Recommend
8.0
(6 ratings)
7.0
(1 ratings)
Likelihood to Renew
5.4
(5 ratings)
-
(0 ratings)
User Testimonials
Basware Procure-to-PayTeampay
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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Teampay (Team Labs, Inc)
Well suited for simple payroll needs. Not a great option for large companies looking for more detailed reports. We have always been able to get employees paid on time and easily.
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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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Teampay (Team Labs, Inc)
  • Simple to use
  • User friendly
  • Effective
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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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Teampay (Team Labs, Inc)
  • Generating Reports
  • Employee Profile Information
  • Password Reset Function to Reset for Employees
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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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Teampay (Team Labs, Inc)
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
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Teampay (Team Labs, Inc)
Teampay was simplified and great for smaller businesses. ADP Workforce Now has many add-on features, while Teampay feels more basic but effective.
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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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Teampay (Team Labs, Inc)
  • Teampay helps us effectively process payroll for our employees
  • S. and Canada ADP don't communicate, operated as a completely separate company
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ScreenShots