BasWare Among Cloud Top 500

Linnoitustie 2, Building Cello

Espoo, x, FIN-02601, Finland

+358 9 879 171


BasWare Recent Developments

Acquired Verian for purchase-to-pay apps in March 2016.

BasWare Key Enterprise & Cloud Applications


SCORES Analysis

BasWare Strengths

Basware provides open, secure, cloud-based purchase-to-pay and e-invoicing solutions to organizations of all sizes, resulting in greater efficiencies in procurement, accounts payable and accounts receivable.

The Basware Commerce Network is founded on the principles of openness, where all types of organization can collaborate and trade. Basware has over 2,000 software and SaaS customers in Invoice Automation and Procurement and 900,000 active organizations transacting through the Basware supplier and buyer network for invoices and purchase messages. In September 2013, MasterCard signed a partnership with Basware to provide financing based on the invoices.

Once a buyer approves an invoice, MasterCard will finance the bill and pay it in real-time through the MasterCard network. Also in September 2013, Basware joined forces with BravoSolution, the leading independent supply management and spend analysis provider, to create a comprehensive source-to-pay (S2P) solution. In September 2015, Basware launched Basware CloudScan with self-validation.

Basware CloudScan is a light and easy to use scanning solution which enables Basware customers to scan & capture paper or pdf invoice.

And two mounths later Basware announced Basware Advance, an online solution for small and medium enterprises (SMEs) to gain better control and management of their cash flow.

In January 2016,, Basware added two new services to the Basware Commerce Network:Business Directory and Vendor Manager.

With the global launch of these new services, buyers and suppliers will find it easier to connect, transact and manage trading relationships over the network.

In April 2016, Basware announces new capabilities for Basware PDF e-Invoice, enabling both small and large enterprises to speed up and simplify e-invoice processing.

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  • Key differentiators
  • Domain Expertise
  • Product portfolio
  • Solution scope

BasWare Revenues, $M:

Type/Year 2015 2016 YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

BasWare Revenue Breakdown By Type, $M:

Type License Services Hardware Support & Maintenance SaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

BasWare Revenues By Region, $M

Region % of Total Revenues 2016 Total Revenues, $M 2016 Enterprise Applications Revenues, $M 2016 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

BasWare Direct vs Indirect sales

Region Direct Sales Indirect Sales Total
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

BasWare Customers

No. of Customers: Subscribe

No. of Enterprise Applications Customers: Subscribe

No. of Cloud Customers: Subscribe

No. of Cloud Subscribers: Subscribe

Don't Miss our Customer Database

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  • Reference wins across regions
  • Customer Size segments
  • Customer wins momentum

BasWare Opportunities

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  • Market Opportunities at the vertical and subvertical levels
  • Mergers and Acquisitions (M&A), Funding
  • Geo Expansions

BasWare Risks

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  • Ability to handle internal and external risk and challenges

BasWare Ecosystem

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  • Health of ecosystem
  • Network Effects of BPO, ISV, SI
  • VAR Partners
  • Direct vs Indirect sales

BasWare Cloud Infrastructure Insights

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  • Cloud Infrastructure (IaaS)
  • Cloud Platform (PaaS)
  • Cloud Application delivery (SaaS)
  • Data Center (Hosting)

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link:


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