In order to provide complete functionality, this web site needs your explicit consent to store browser cookies. If you don't allow cookies, you may not be able to use certain features of the web site including but not limited to: log in, buy products, see personalized content, switch between site cultures. It is recommended that you allow all cookies

Gartner 2019 Critical Capabilities for Procure-to-Pay Suites Report

Out of 13 vendors, Basware scored highly across many of Gartner’s critical capabilities and use cases

Gartner 2019 Critical Capabilities for Procure-to-Pay Suites Report

Gartner 2019 Critical Capabilities for Procure-to-Pay Suites Report

Gartner’s Critical Capabilities for Procure-to-Pay Suites takes a deeper view into what Gartner has deemed the “critical capabilities” a best in class procure-to-pay (P2P) vendor possesses. These elements are the same ones used to determine placement in the 2019 Magic Quadrant for Procure-to-Pay Suites report, in which Basware was named a Leader for the fourth time for our:

  1. Integration strength: Basware seamlessly integrates with over 250 ERPs and financial systems including leading systems such as SAP, Oracle, and Microsoft.

  2. UX and UI: Our easy and intuitive solutions capture 100% of invoices, achieve 100% user adoption, and integrate innovative and intelligent functionalities.

  3. Global suitability: We offer the largest, open business network in the world, empowering customers to connect with businesses across the globe.

But interestingly, Gartner and wider industry analysts have determined that due to the growing, individual demands of businesses and the continual innovations of P2P vendors, the idea of a “one size fits all” solution is becoming more obsolete. Instead, reports such as this urge companies to consider vendors’ individual strengths and their unique, organizational needs.

Basware scores #1 for AP use case and #1 in AP Automation, e-Invoicing, Partner Ecosystem, and Integration critical capabilities.

Scores are calculated by assigning each critical capability a value from 1 – 5 with 1 establishing that a vendor performs the capability poorly and 5 determining that the capability exceeds expectations. Use cases are also considered in the scoring and address key business problems suited to a P2P solution.

Out of 13 vendors, Basware scored highly in many of Gartner’s critical capabilities and use cases:

  • #1 for AP (Use Case) - 4.29

  • #1 for AP Automation (Critical Capability) - 4.6

  • #1 in e-Invoicing (Critical Capability) - 4.3

  • #1 in Partner Ecosystem (Critical Capability) - 4.1

  • #1 for Supply Chain Financing (Critical Capability) - 4.4

  • Tied for #2 in UI/Guided Buying (Critical Capability) – 3.8

  • Tied for #1 in Integration (Critical Capability) - 4.3.

  • #3 in Procurement (Use case) – 4.01

  • #3 in Complex P2P Focused (Use Case) – 3.9

For full access to the report and more information on Basware’s ranking, critical capabilities, and use cases download the report.

Read more about Basware’s strengths as a P2P Leader.