Basware P2P vs NexusPayables

Likelihood to Recommend

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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Verified User

Professional in Finance and Accounting

Accounting Company, 10,001+ employees

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NexusPayables is well suited for your invoice tracking and payments, especially for medium to large businesses. I would not recommend for smaller companies because I don't see the value for them. Once trained, the system is useful. However, the user interface is confusing without proper training and is not user-friendly. I highly suggest businesses invest in a specific set of people to be trained so that they can teach others to use the program.

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Stephanie MacMillan

Executive Assistant of Commercial Sales

Tavistock Development CompanyReal Estate, 51-200 employees

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Pros

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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Verified User

Administrative Assistant in Sales

Internet Company, 1001-5000 employees

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Invoice Tracking
Invoice review

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Stephanie MacMillan

Executive Assistant of Commercial Sales

Tavistock Development CompanyReal Estate, 51-200 employees

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Cons

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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Verified User

Professional in Finance and Accounting

Accounting Company, 10,001+ employees

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Not very user-friendly
Not intuitive

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Stephanie MacMillan

Executive Assistant of Commercial Sales

Tavistock Development CompanyReal Estate, 51-200 employees

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Pricing Details

General

Free Trial

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Free/Freemium Version

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Premium Consulting/Integration Services

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Entry-level set up fee?

No

Starting Price

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General

Free Trial

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Free/Freemium Version

—

Premium Consulting/Integration Services

—

Entry-level set up fee?

No

Starting Price

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Likelihood to Renew

Basware P2P 5.4

Based on 5 answers

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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Umang Bhavsar

Vice President

Oaktree Capital ManagementFinancial Services, 1001-5000 employees

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No score

No answers yet

No answers on this topic

Support Rating

No score

No answers yet

No answers on this topic

NexusPayables 6.0

Based on 2 answers

NexusPayables FAQ and Help sections are not extraordinarily helpful. They will answer some questions, but most often, I have to bother my accounting co-workers because of the way the system is set up NexusPayables themselves can't help me most of the time. They tell me to refer to the program administrator.

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Stephanie MacMillan

Executive Assistant of Commercial Sales

Tavistock Development CompanyReal Estate, 51-200 employees

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Alternatives Considered

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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Iliana Anthimiades

Accounts Payable Manager

Truven Health AnalyticsInformation Technology and Services, 1001-5000 employees

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Our company uses both at the moment, and I find that Concur Invoice is a much more user-friendly interface that is easy to use, easy to navigate, and extremely efficient. Unfortunately, we only use Concur Invoice for personal expenses and company credit card reconciliations at the moment, which is why we use NexusPayables for vendors.

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Stephanie MacMillan

Executive Assistant of Commercial Sales

Tavistock Development CompanyReal Estate, 51-200 employees

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