Basware Procure-to-Pay vs. Concord

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Basware Procure-to-Pay
Score 5.6 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
Concord
Score 6.7 out of 10
Mid-Size Companies (51-1,000 employees)
Concord is a way to create, collaborate on, sign, and store agreements; designed to be the only tool needed for contracts, so users can spend less time juggling between applications, editors, and e-signature tools. The vendor states over 500,000+ companies use Concord with their contracts. With Concord, users can: Draft, negotiate, sign, and manage every contract across an organization — all in one place Work on Concord, Word, or Google…
$17
per user / month
Pricing
Basware Procure-to-PayConcord
Editions & Modules
No answers on this topic
Standard
$17
per user / month
Pro
$34
per user / month
Free
Free
Enterprise
Contact sales team
Offerings
Pricing Offerings
Basware Procure-to-PayConcord
Free Trial
NoYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsAll inclusive pricing built for you. Concord pricing includes implementation, services, and unlimited support. All Concord plans include unlimited documents and unlimited e-signatures.
More Pricing Information
Community Pulse
Basware Procure-to-PayConcord
Top Pros
Top Cons
Features
Basware Procure-to-PayConcord
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Basware Procure-to-Pay
-
Ratings
Concord
8.7
6 Ratings
5% above category average
Contract creation00 Ratings9.76 Ratings
Contract templates00 Ratings8.06 Ratings
Clause library/saved fields00 Ratings8.05 Ratings
Guided logic00 Ratings9.11 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
Basware Procure-to-Pay
-
Ratings
Concord
9.1
6 Ratings
8% above category average
Contract sharing00 Ratings9.46 Ratings
Contract editing00 Ratings8.46 Ratings
Collaborating on contracts00 Ratings8.76 Ratings
MS Word plug-in00 Ratings8.52 Ratings
Approval process00 Ratings9.75 Ratings
Interdepartmental workflows00 Ratings9.75 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
Basware Procure-to-Pay
-
Ratings
Concord
9.0
6 Ratings
6% above category average
Contract database00 Ratings8.76 Ratings
Contract search00 Ratings7.76 Ratings
Contract milestone reminders & alerts00 Ratings9.54 Ratings
Custom contract reports00 Ratings9.54 Ratings
Tracking contract status00 Ratings9.55 Ratings
Compliance check00 Ratings9.11 Ratings
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User Ratings
Basware Procure-to-PayConcord
Likelihood to Recommend
8.0
(6 ratings)
9.3
(6 ratings)
Likelihood to Renew
5.4
(5 ratings)
-
(0 ratings)
Usability
-
(0 ratings)
9.7
(3 ratings)
Support Rating
-
(0 ratings)
7.4
(3 ratings)
User Testimonials
Basware Procure-to-PayConcord
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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Concord
Concord is honestly suited for all types of organizations because the software is flexible in its application and very easy to implement. In addition, Concord offers exceptional customer service with professionals who will work with you to ensure success, whether it be through training, problem-solving, or even finding ways to engage employees to maximize the benefit of the software. Most appreciated about Concord is their willingness to listen to their users to constantly evolve with new features or added functionality based on customer feedback.
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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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Concord
  • Templates are easy to create and utilize.
  • Concord has its internal e-signature tool.
  • Concord can group by template, active, in progress, etc. and color codes the same.
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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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Concord
  • Make it easier to find the templates from any page
  • Improve the search function--it's sometimes difficult to find specific documents when searching
  • Change back to "limited editor" and "no editing rights" when sharing documents; the new term of "viewer" makes it seem like nothing can be edited at all
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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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Concord
No answers on this topic
Usability
Basware
No answers on this topic
Concord
Concord is extremely user friendly and saves me so much time! How else would I be able to manage all of the contracts for 9 different agencies all by myself?!?
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Support Rating
Basware
No answers on this topic
Concord
I gave it a five because it was the closest to a neutral response. I have not had issues with Concord and have not had a reason to contact support, so I don't have an accurate opinion here. From my conversations with our legal team, it seems they have been able to work with the support team at Concord to get any potential issues resolved in a timely manner.
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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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Concord
I would rather not compare apples and apples nor apples and oranges, and just share Concord has been an excellent Contract Management System for current organization.
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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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Concord
  • Since our implementation, I am saving a few hours a month in managing our IC contracts.
  • When people have questions about contracts, now it's clear "Hey, look in Concord" versus "Hey, does John or Sally have this contract?".
Read full review
ScreenShots

Concord Screenshots

Screenshot of Using approval workflows decreases contract cycle times while guaranteeing correct signatures are secured, further driving compliance and protecting against risks.Screenshot of Advanced reporting empowers greater insights into the data in your contracts.Screenshot of The Concord Inbox with a global search and advanced filtering makes organizing and finding documents easy, and streamlines completing contract-related tasks.Screenshot of Using approval workflows decreases contract cycle times while guaranteeing correct signatures are secured, further driving compliance and protecting against risks.Screenshot of Online editing and redlining and a summary sheet with a discussion panel keep all conversations and changes tracked. A Word integration allows offline edits to also be tracked.Screenshot of Enable fully executed contracts with legally admissible e-signatures — at no additional cost.