Shlomi Lavi /
Oct 12, 2022
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Bottom Line: Which is Better - BasWare Purchase or 3rdWave?
BasWare Purchase is more expensive to implement (TCO) than 3rdWave, and 3rdWave is rated with the same score (85/100) as BasWare Purchase (85/100). 3rdWave offers users more features (8) than BasWare Purchase (3). There is a clear winner in this case and it is 3rdWave!
Looking for the right Procurement solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
BasWare Vs. 3rdwave
BasWare: Basware provides solutions for two key financial processes –purchase-to-pay and Financial Management. With over 1,500 clients and 1,000,000 users in more than 60 countries, Basware is the global leader in purchase-to-pay solutions.
3rdwave: An exceptional global trade management platform for Importers, Exporters, Logistics Teams, and Trade Compliance professionals.
Who is more expensive? BasWare Purchase or 3rdWave?
The real total cost of ownership (TCO) of Procurement software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for BasWare Purchase and 3rdWave.
BasWare Purchase price starts at $100,000 per year , On a scale between 1 to 10 BasWare Purchase Management is rated 6, which is similar to the average cost of Procurement software. 3rdWave price starts at $1,995 per month , When comparing 3rdWave to its competitors, the software is rated 4 - lower than the average Procurement software cost.
Bottom line: BasWare Purchase is more expensive than 3rdWave.
Which software includes more/better features?
We've compared BasWare Purchase Vs. 3rdWave based on some of the most important and required Procurement features.
BasWare Purchase: Data Import/Export, Basic Reports, Online Customer Support.
3rdWave: Inventory Management, Order Processing Management, Transportation Management, Logistics, Order Fulfillment.
Target customer size
BasWare Purchase's typical customers include: Small, medium and large size businesses, and 3rdWave's target customer size include: Small, medium and large size businesses.