Analyst firm Gartner has positioned Basware as a "leader" for the third time in the Magic Quadrant for procure-to-pay software. Gartner based the positioning on an evaluation of the software's capabilities and interviews with users.
In the Magic Quadrant Procure-to-Pay Suites, Gartner contrasts the perfection of the market vision of procure-to-pay vendors with the ability to execute that vision with their products and services. At the bottom left of the quadrant are the niche players, at the bottom right are the visionaries, at the top left are the challengers and at the top right are the leaders. Basware is once again positioned as a leader in 2018.
The analyst firm uses surveys, interviews with software users and extensive demos to evaluate vendors' vision and their ability to bring it to fruition with products and services. Leaders, according to Gartner, are those that other vendors in the market measure themselves against.