Basware once again named Value Leader

Basware is one of three vendors named a Value Leader in Spend Matters' Procure-to-Pay SolutionMap. Value Leaders are providers with above-average analyst and customer scores. A total of 11 vendors participated.

The SolutionMap consists of input from users and analysts and looks at how software vendors meet the needs of five different buying personas. For all five, Basware was named a Value Leader.

Ease of implementation

'The SolutionMap shows that Basware can meet a wide range of requirements,' said Klaus Andersen, CEO of Basware. 'Most importantly, customers that Spend Matters has interviewed praise our ease of implementation, high degree of configurability and system integration capabilities.'

The biggest change in the SolutionMap from the first quarter is the way the analyst team collects data from participating source-to-pay vendors. This has led to improved visibility into core platform, software configurability, analytics and information management toward vendors.

'We again see Basware performing above average on all personas in the SolutionsMap,' said Xavier Olivera, lead analyst at Spend Matters. 'This puts Basware in select company.'

View the ranking charts here

The five buying personas:

• Nimble - prioritizing 'speed to value' and low prices
• Deep - requires the most comprehensive, customized solution for a job and the best functionality, breadth, depth and ability to support refinement
• Configurator - emphasis on flexibility, modularity and internal/external integration to support the evolving needs of organizations
• Turn-key - emphasis on a combination of software capabilities and support services to deliver contractual results as well as a defensible ROI
• CIO-Friendly - appreciates IT support and a CIO endorsement