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Basware AP Automation vs. Workday Strategic Sourcing

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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

    Workday Strategic Sourcing

    Score6.1 out of 10
    N/AWorkday Strategic Sourcing supports procurement by automating source-to-contract processes, from project intake to supplier management, and by surfacing contract obligations. It leverages Workday AI to provide insights and conversational tools that help teams identify savings opportunities and mitigate supplier risk.N/A
    Pricing
    Basware AP AutomationWorkday Strategic Sourcing
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Basware AP AutomationWorkday Strategic Sourcing
    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
    Features
    Basware AP AutomationWorkday Strategic Sourcing
    Accounts Payable
    Comparison of Accounts Payable features of Basware AP Automation and Workday Strategic Sourcing
    Feature
    Basware AP Automation
    8.2
    3 Ratings
    13% above category average
    Workday Strategic Sourcing
    -
    Ratings
    Automated Accounts Payable Processes8.24 Ratings00 Ratings
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    Basware AP AutomationWorkday Strategic Sourcing
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    All AlternativesView all alternativesView all alternatives
    User Ratings
    Basware AP AutomationWorkday Strategic Sourcing
    Likelihood to Recommend
    7.7
    (10 ratings)
    9.1
    (2 ratings)
    Likelihood to Renew
    5.4
    (5 ratings)
    -
    (0 ratings)
    Usability
    8.4
    (4 ratings)
    -
    (0 ratings)
    User Testimonials
    Basware AP AutomationWorkday Strategic Sourcing
    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
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    Workday
    Scout RP is wonderful to help keep an RFP very organized. It is excellent to have a single version, so that all team members helping compile an RFP response have a single place to know that they are on the current version. If a company doesn't want to respond within Scout RFP, it's my understanding that the RFP information can be exported from Scout RFP, compiled in a different tool (like XLS), and then pulled back into Scout RFP for submission. From a collaboration standpoint, there's not an easy way to "assign" questions or items. Sometimes at my company, we need different experts to answer different questions. We have to use another tool, like email or Slack, to let that person know he/she needs to answer. However, in other tools, a certain block can be assigned to the person internally within the tool.
    Incentivized
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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.
    Incentivized
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    Workday
    • Contract Pipeline
    • Contract Management
    • Supplier Onboarding
    Incentivized
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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)
    Incentivized
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    Workday
    • No way to flag where I need an internal colleague to review or add to an answer
    • No way to assign items to an internal team member for that person to answer a question
    • No status bar of the remaining items not yet answered
    Incentivized
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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.
    Incentivized
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    Workday
    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
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    Workday
    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
    Workday
    I have only used RFPIO to facilitate searching for RFP answers. I have used Scout RFP only to respond to customer RFPs. I assume they have functional overlap, but my interactions with each have not included this functional overlap. For each tool's respective use, I have found them very simple, intuitive, and helpful.
    Incentivized
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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
    Incentivized
    Read full review
    Workday
    • Contract Management has saved a ton of time and energy
    • Reporting has been helpful
    • Spend management has improved over time
    Incentivized
    Read full review
    ScreenShots

    Workday Strategic Sourcing Screenshots

    Screenshot of Workday Strategic Sourcing Contract Lifecycle ManagementScreenshot of Workday Strategic Sourcing Supplier Relationship ManagementScreenshot of Workday Strategic Sourcing Strategic Sourcing DashboardScreenshot of Spend Management