If you're looking for a Basware alternative, HighRadius is another option worth considering. This autonomous finance platform handles a range of financial processes including Order-to-Cash, Treasury, Record-to-Report and Accounts Payable. It has AI-powered tools like collections, electronic invoicing and cash forecasting that can help optimize working capital and accelerate financial close. HighRadius connects to many ERPs and banks for data exchange.
Another option is Vic.ai, which uses AI to automate and optimize invoice processing. It includes features like autonomous invoice processing, PO matching and approval workflows. Vic.ai connects to leading ERP systems and accounting software, and benefits include faster invoice processing and less manual labor. That makes it a good choice for finance teams trying to increase productivity and make better financial decisions.
Another option is Glean.ai, which uses AI to provide insights and visibility into spending so businesses can make more informed financial decisions. It automates tasks like data extraction and bill approval, and has more advanced data benchmarking to help you negotiate better prices with suppliers. Glean.ai connects to many general ledger systems and has flexible pricing, so it's good for companies large or small.
If you're looking for a more comprehensive spend management tool, Ramp offers a platform that automates finance by linking global corporate cards, travel, expenses and accounts payable. It includes features like automated expense reports, custom travel policies and AI-powered workflows to catch errors and prevent overspending. Ramp says customers save an average of 5% on expenses, and the company is designed to streamline and optimize financial operations for teams of all sizes.