Basware logo — With Basware, now it all just happens.

Basware

With Basware, now it all just happens.

Founded 1985 Finland Finland 1651 employees Series Unknown Cyber Security, Fintech +1

General Information

Company Name Basware
Founded Year 1985
Location Finland Finland +7
Employees 1651
Industries Cyber Security, Fintech, Payments
Funding Stage Series Unknown
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About Basware

Basware is a global enterprise solution aiming to automate complex and labor-intensive invoice processes, providing finance leaders with a new level of efficiency and reducing errors and risks. The company, founded in 1985 and based in Finland, has garnered attention from investors, with the most recent Venture Round investment at 03 December 2020 coming from Bregal Milestone.

Their AP automation and invoicing platform has been embraced by leading brands such as HP, Mercedes-Benz, and DHL, handling over 170 million invoices per year. The company's emphasis on True Automation, Complete Coverage, and Deeper Expertise has resulted in remarkable outcomes, including reducing the time spent on AP processes by up to 60%.

Basware's slogan, "With Basware, now it all just happens," encapsulates their mission to liberate finance teams from manual, error-prone tasks, enabling them to focus on growth. This strong value proposition has led to tangible results and high-profile clients, solidifying Basware's position as a key player in the realms of Cyber Security, Fintech, and Payments.

Taxonomy: AP automation, invoice processing, finance, automation platform, error reduction, risk mitigation, cloud-based technology, procure-to-pay, e-invoicing, spend visibility, financial risk, data capture, procurement, supplier collaboration

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 1
Investor
03 Dec 2020

Basware Alternatives & Competitors

Basware vs
Serrala
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Basware vs
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Basware vs
Auditoria.AI
Auditoria.AI United States

Auditoria.AI increases finance teams’ speed, accuracy, and efficiency using AI, ML, NLP, & NLU to ma...

Series B
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Also compare with: Basware vs Webexpenses Webexpenses

FAQ About Basware

With Basware, now it all just happens.
Basware was founded in 1985.
Basware is headquartered in Finland.
Basware operates in the following industries: Cyber Security, Fintech, Payments.
Basware has approximately 1651 employees.
Basware has completed 1 funding round. The latest funding stage is Series Unknown.
Top alternatives and competitors to Basware include Serrala, avvaneo, Auditoria.AI, Gaviti, Webexpenses. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Basware and Serrala are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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