Home > Procurement Software > Basware > Basware vs JAGGAER ONE

Basware vs JAGGAER ONE

Last Updated: November 18th, 2024

Our analysts compared Basware vs JAGGAER ONE based on data from our 400+ point analysis of Procurement Software, user reviews and our own crowdsourced data from our free software selection platform.

Overview Pricing Benefits & Features Analyst Ratings Comparison Charts User Ratings Analyst Summary Screenshots

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Product Basics

Basware offers networked source-to-pay tools, e-invoicing, analytics and value added services. It facilitates automated operations and management, spend and supply chain visibility, supplier management, early payment discounts and more. It helps reduce paperwork, save time and effort spent in manual work, boosts working capital and enhances business ROI. It serves B2B companies of all sizes and industries.

JAGGAER ONE is a cloud-based procurement platform that aims to streamline and automate the entire source-to-pay cycle for organizations. It's well-suited for businesses of all sizes, particularly those seeking centralized control over spending and supplier relationships. Key benefits include increased visibility into procurement activities, reduced costs through e-sourcing and spend analytics, and improved compliance with procurement policies. Popular features encompass supplier management, contract lifecycle management, and invoice automation. User experiences in the procurement context highlight JAGGAER ONE's strengths in user-friendliness, configurability, and integration with existing enterprise systems. However, some users report challenges with data migration and ongoing maintenance. Pricing is typically based on a subscription model with per-user or transaction fees, varying depending on the specific modules and level of customization required. Overall, JAGGAER ONE offers a comprehensive suite of procurement tools that can significantly improve efficiency and cost savings for organizations, but it's crucial to carefully assess its suitability and pricing structure before implementation.

Pros

Streamlines workflows
Boosts visibility & control
Reduces costs & errors
Improves supplier management
Offers data-driven insights

Cons

Complex setup & migration
High initial cost & maintenance
Limited customization options
Steep learning curve for users
Integration challenges with legacy systems

$15,000/Invoice Transaction, Annually

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$45,000 Annually, Quote-based

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Small

Medium

Large

Small

Medium

Large

Windows

Mac

Linux

Android

Chromebook

Windows

Mac

Linux

Android

Chromebook

Cloud

On-Premise

Mobile

Cloud

On-Premise

Mobile

Product Assistance

Documentation

In Person

Live Online

Videos

Webinars

Documentation

In Person

Live Online

Videos

Webinars

Phone

Chat

FAQ

Forum

Knowledge Base

24/7 Live Support

Phone

Chat

FAQ

Forum

Knowledge Base

24/7 Live Support

Product Insights

Eliminates Paperwork: Reduces paperwork by digitizing all operations starting from point of order placement to payment.
Increases Visibility: Offers complete visibility for spend, suppliers, buyers and the supply chain.
Saves Time and Effort: Streamline work using AI and machine learning, which help automate manual tasks such as invoicing, account payable management and other day-to-day tasks.
Boosts Working Capital and Cash Flow Visibility: Improves the flow of payments through early payment discounts offered to suppliers for releasing payments quickly. Adoption of e-invoices improves cash flow visibility.
Strengthens Supplier Relationships: Offers tools for supplier registration, pre-approved workflows and questionnaires to evaluate supplier performance management and help improve relationships with suppliers.

Enhanced cost control and savings: Leverage AI-powered spend analytics to identify and eliminate wasteful spending, optimize supplier contracts, and negotiate better deals.
Streamlined procurement processes: Automate manual tasks, centralize purchase orders, and reduce approval bottlenecks, accelerating cycle times and boosting efficiency.
Improved supplier collaboration and risk management: Foster stronger relationships with suppliers through self-service portals, automate supplier onboarding and qualification, and mitigate risks with proactive compliance monitoring.
Data-driven decision making and insights: Gain real-time visibility into all procurement activities, analyze spending patterns, and predict future needs to optimize sourcing strategies and budgets.
Increased compliance and risk mitigation: Ensure adherence to regulations and internal controls with built-in compliance tools, minimize audit risks, and protect against fraud.
Scalability and adaptability: Adapt to changing business needs and accommodate growth with a flexible platform that scales seamlessly to meet your evolving procurement requirements.
Improved user experience and productivity: Simplify procurement tasks with intuitive interfaces, mobile access, and role-based permissions, empowering users and boosting productivity.
Sustainable procurement practices: Promote responsible sourcing and ethical supplier relationships with tools for supplier diversity, carbon footprint tracking, and conflict minerals management.

Procure-to-Pay: Offers automation for several features including point of order, purchasing, receiving and payments, accounting and more.
- Analytics: Provides access to spend and helps identify opportunities, optimize cash flow and make strategic, data-driven decisions.
- AI and Machine Learning: Replaces manual tasks, captures invoices, performs data extractions, saves time and reduces the probability of errors.
- Support Services: A customer care team of dedicated support specialists assists with identifying and resolving issues, as well as modifying business processes. Other features include customer service management that enables continuous improvements in organizational processes and offers several supplier enablement tools.
- Source-to-Pay: Supports strategic contract lifecycle management and sourcing to strengthen vendor relationships along with negotiation stages. Also offers electronic purchase requisition procurements, validation of invoice receipts and discount management on early payment.
AP Automation:
- Discount Management: Several tools support supplier activation, automation, analytics and dynamic discounting to carry out discount management with ease.
Network:
- E-Invoicing for Buyers: Connects users with suppliers to let them share invoices electronically. Receive invoices in any format such as XML, EDI, PDF or paper, which the solution converts to deliver as an electronic invoice.
- E-Invoicing for Suppliers: Receive POs and share invoices with buyers electronically. Ensures compliance and global operations. Improves transaction status visibility and timely payment performance.
- Network Interoperability: Provides open network interoperability with 220+ e-invoicing network partners globally. Includes country-specific networks as well.
E-Procurement:
- Marketplace: Connect with suppliers through punchouts and catalogs to facilitate guided purchasing, e-procurement, price negotiations, supplier collaborations and more.
- Strategic Sourcing: Helps conduct and manage electronic auctions, collect, store and evaluate supplier information, manage projects and contracts, and onboard suppliers easily and quickly.
Supplier Management: Enables centralized visibility over supplier information, with automated updating in real time. Includes end-to-end visibility for each supplier’s performance and facilitates timely receipt of payments.
Working Capital: Leverage automated and integrated visibility into spending, a variety of discount programs for receipt of early payments, dynamic discounting and more.
Travel and Expense Management: Submit travel plans for approval before reservations and capture, claim and take actions on submitted expenses and reports at any time via the mobile app.

Supplier Management: Manage your entire supplier lifecycle, from onboarding and qualification to performance tracking and risk mitigation. Enjoy self-service portals for suppliers, automated workflows, and robust collaboration tools.
e-Sourcing and Sourcing Optimization: Conduct strategic sourcing events, from reverse auctions to RFQs, automate supplier selection, and optimize contract terms with AI-powered insights.
Contract Lifecycle Management: Streamline contract creation, approval, negotiation, and execution. Gain real-time visibility into contracts, manage obligations and compliance, and automate renewals.
Purchase Order Management and Spend Analytics: Centralize purchase orders, automate approvals and workflows, and gain deep insights into spending patterns. Identify cost savings opportunities, optimize supplier relationships, and improve budget forecasting.
Invoice Automation and Matching: Automate invoice processing, eliminate manual data entry errors, and accelerate payment cycles with AI-powered matching and three-way matching capabilities.
Compliance and Risk Management: Ensure adherence to internal policies and external regulations with built-in compliance tools, risk assessment capabilities, and audit trails. Mitigate fraud and supplier risk through proactive monitoring and controls.
Business Intelligence and Reporting: Gain real-time visibility into all procurement activities with customizable dashboards and reports. Analyze data, identify trends, and make informed decisions based on actionable insights.
Mobile Access and User-Friendly Interface: Access JAGGAER ONE on any device, from desktops to smartphones, with a user-friendly interface that simplifies procurement tasks for all users. Role-based permissions ensure secure access and control.
Open Integration Platform: Integrate JAGGAER ONE seamlessly with your existing ERP, financial, and other enterprise systems to create a connected and efficient procurement ecosystem.
Advanced Analytics and AI: Leverage AI-powered spend analytics, supplier risk assessment, and predictive insights to optimize your procurement strategy, identify cost savings opportunities, and make data-driven decisions.

Product Ranking

#6

among all
Procurement Software

#78

among all
Procurement Software

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Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Basware

JAGGAER ONE

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88%

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89%

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71%

29%

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90%

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92%

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85%

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83%

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71%

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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

67%

33%

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User Sentiment Summary

85%

of users recommend this product

Basware has a 'great' User Satisfaction Rating of 85% when considering 289 user reviews from 4 recognized software review sites.

90%

of users recommend this product

JAGGAER ONE has a 'excellent' User Satisfaction Rating of 90% when considering 2 user reviews from 1 recognized software review sites.

4.0 (110)

n/a

3.9 (22)

4.5 (2)

4.5 (139)

n/a

4.0 (18)

n/a

Awards

Synopsis of User Ratings and Reviews

Implementation: All reviews on the topic suggest that it’s extremely simple and affordable to implement.

User Interface: The software has a clean, interactive and user-friendly interface, according to 100% of reviews on this aspect.

Easy to Learn: Every reviewer mentioning this aspect agrees that it’s quite easy to learn and adapt to, without any technical training.

Streamlined Workflows: Simplifies complex procurement processes with guided buying, approvals, and contract management.

Enhanced Visibility: Provides real-time insights into spending, contracts, and supplier performance, fostering data-driven decision making.

Improved Collaboration: Connects internal stakeholders and external suppliers on a single platform, promoting better communication and streamlining collaboration.

Reduced Costs: Automates tasks, identifies savings opportunities through spend analytics, and negotiates better contracts, leading to significant cost reductions.

Increased Efficiency: Eliminates manual processes and automates repetitive tasks, freeing up time for strategic initiatives and boosting overall procurement efficiency.

Improved Compliance: Ensures adherence to procurement policies and regulations through guided workflows and automated controls, mitigating risks and improving compliance.

Program Lags: The software may lag or freeze sometimes while transferring multiple invoices at once, according to all reviews on this aspect.

Support Ticket: Ticket and issue management is slow sometimes, as all reviews on the quality of support suggest.

Complex Interface: Steep learning curve for new users, with a complex interface and navigation.

Limited Customization: Limited options for customizing workflows and reports to specific needs, leading to inflexibility.

Performance Issues: Can experience lag and slow response times, especially with large data sets or complex workflows, impacting user productivity.

Scalability Concerns: May not scale well for large organizations or complex procurement requirements, leading to potential limitations in the future.

High Cost: Can be expensive to implement and maintain, with ongoing subscription fees and potential consulting costs, raising budget concerns.

Integration Challenges: Integrating with existing systems can be complex and time-consuming, requiring additional resources and expertise.

Basware is a solution for companies looking for source-to-pay tools, e-invoicing, analytics and value-added services. It is easy to learn, which is a prominent advantage of the suite. Reviews suggest that it is easy and affordable to install as well. However, the program lags sometimes when transfering a lot of invoices at the same time. Support resolution is also slow according to user reviews. Altogether, it’s a fine choice for B2B companies looking for a purchase-to-pay and e-invoicing solution with a user-friendly interface and affordable price.

JAGGAER ONE gets mixed reviews from Procurement users. Fans praise its comprehensive suite, boasting, "It streamlines everything from sourcing to contract management, giving us a clear picture of our entire spend." This centralized view and automated workflows are lauded for boosting efficiency, with one user exclaiming, "We've slashed manual tasks, freeing up time for strategic sourcing initiatives." However, JAGGAER ONE's complexity can be a double-edged sword. While its depth is praised for offering "granular control over every step of the procurement process," the learning curve is steep, with users lamenting, "The interface is overwhelming, especially for new team members." This complexity can also lead to inflexibility, as some users find it "difficult to customize workflows and reports to fit our specific needs." Compared to Ariba, users appreciate JAGGAER ONE's focus on supplier collaboration. "The supplier portal fosters better communication and transparency, leading to stronger relationships," one user says. However, JAGGAER ONE's performance can falter, with reports of lag and slow response times, particularly when compared to Ariba's renowned speed. Cost is another concern, with JAGGAER ONE's price tag seen as "prohibitively high" by some. Ultimately, JAGGAER ONE is a powerful tool, but its complexity and cost might deter smaller organizations or those seeking a simpler solution. For those who prioritize deep functionality, supplier collaboration, and data-driven decision making, JAGGAER ONE's strengths outweigh its weaknesses, but careful consideration is crucial.

Screenshots

Top Alternatives in Procurement Software

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JAGGAER ONE

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Zycus

Related Categories

Procure To Pay Software

Purchasing Software

SRM Software

Strategic Sourcing Software

Supply Chain Management Software

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FAQ

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