Basware Named a Leader in Gartner Magic Quadrant for Accounts Payable

We’re thrilled to share some exciting news: Basware has been named a Leader in the inaugural Gartner® Magic Quadrant™ for Accounts Payable Applications! Read what this means for you, our customers, and download the full report here.

First, we would like to say that today's announcement is more than just a recognition of our technology; it is a testament to you, our customers. Your feedback, challenges, and partnership have shaped our innovations, and this acknowledgment reaffirms that we’re on the right track to deliver what matters most to you.

Key Takeaways from this report

At Basware, our goal has always been to ensure you have the most advanced tools to automate, optimize, and gain complete control over your AP operations. Now, Gartner has recognized this vision as a market leader.

Your Decision to Partner with Basware is Validated

This recognition confirms that by choosing Basware, you’ve aligned with a provider that is a leader in Invoice Lifecycle Management. This ensures long-term success and innovation for your AP function.

Customer-Driven Innovation Works

Over the years, your feedback has helped shape our roadmap. From improving automation capabilities to enhancing compliance features, this recognition reaffirms that we are delivering on what matters most. We will continue to ask and welcome your feedback as it represents the foundation for our product development strategy.

Gartner Recognized Us for Having a Complete Vision

Alongside your feedback, we believe it's vital that we proactively assess your future needs. One of the most pleasing parts of this assessment is that Gartner identified Basware as having the most complete vision for AP operations. For us, AP has been the unsung hero. We believe finance leaders will increasingly rely on having best-in-class AP capabilities, and that vision is now recognized.

How We’re Helping You Stay Ahead

While we are ecstatic to receive this recognition, our mission to help you achieve 100% touchless AP Operations doesn't stop. Over the past year, Basware has reinforced its platform with key innovations, including:  

• Basware Insights – AI-driven dashboards delivering real-time data and benchmarking, giving you complete financial visibility.
• Smart Coding – AI-powered coding for non-PO invoices, eliminating the guesswork and improving accuracy.
• AP Assurance – A fraud and error detection solution that identifies risks before they become financial losses.

Looking Ahead – Our Commitment to You

To reiterate, this milestone is not just about Basware—it’s about what we can continue to achieve together. We are grateful for your trust and continued partnership, and we remain committed to pushing the boundaries of AP automation to deliver even greater value for you.

Want to learn more? Read the full report here and let’s continue shaping the future of AP automation together.