Accounting · head to head
Basware vs FreeAgent

Basware
Accounting
Invoice automation and e-invoicing compliance across a large number of national mandates
- From
- On request
- Rated
- -

FreeAgent
Accounting
Accounting software for small businesses and freelancers
- From
- Free
- Rated
- -
The short version
- Only FreeAgent has a free tier, so it costs nothing to try first.
- Each has a real cost: Basware the e-invoicing compliance breadth that justifies the price is worthless to a company operating in a single country, where cheaper AP automation tools will do the same work.; FreeAgent introductory pricing shown is 50% off the regular rates
- Prices and features above were last checked on 31 August 2026.
Where they differ
Only the attributes on which Basware and FreeAgent actually diverge.
Identical on both: user rating (Not yet rated), category (Accounting).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in Basware
- Invoice capture
- Matching
- Approval workflow
- E-invoicing compliance
- Supplier network
- Payment execution
- Spend analytics
- ERP integration
Only in FreeAgent
Nothing recorded that Basware does not also cover.
What people use each for
The jobs each tool is most often brought in to do.
Basware
- A multinational needing compliant electronic invoicing across Italy, Poland, France and Mexico without building each mandate itselfnot FreeAgent
- A shared service centre processing hundreds of thousands of invoices a year that needs touchless processing rates measured and improvednot FreeAgent
- A group standardising accounts payable across subsidiaries running different ERP systemsnot FreeAgent
- A finance function trying to capture early payment discounts that are currently lost to slow approval cyclesnot FreeAgent
FreeAgent
- Submitting VAT and Self Assessment tax returns to HMRC directlynot Basware
- Splitting rental income and expenses across multiple properties automaticallynot Basware
- Collecting invoice payments faster through one-click payments and remindersnot Basware
- Capturing bills and receipts via AI to auto-categorize expensesnot Basware
- Filing Real Time Information payroll directly to HMRC for employeesnot Basware
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Basware
- The e-invoicing compliance breadth that justifies the price is worthless to a company operating in a single country, where cheaper AP automation tools will do the same work.
- Implementation is a substantial integration project involving ERP connectors, supplier onboarding and country-by-country compliance configuration, and it is priced and timed accordingly.
- The user interface is dated next to newer accounts payable products, and approvers outside finance find it unintuitive, which slows the very cycle times the system is bought to improve.
- Supplier onboarding onto the network is the hidden effort: the touchless processing rate depends on how many suppliers actually send electronic invoices, and that is a change management programme, not a software setting.
- Growth by acquisition, including Glantus, has left overlapping analytics capability and integration work still in progress, so buyers should check which components share a data model today.
FreeAgent
- Introductory pricing shown is 50% off the regular rates
- All prices exclude 20% VAT
- Add-ons required for some features (Smart Capture Unlimited £5/month, Amazon integration £6/month)
Pricing, plan by plan
Basware
On request- Basware$undefined/year
- Invoice automation, matching and approval
- E-invoicing compliance across national mandates
- Supplier network connectivity
FreeAgent
Free- Sole Traders$9.5/month
- Introductory rate (regular price £19/month)
- Annual option at £95/year (regular £190)
- Landlords$5/month
- Introductory rate (regular price £10/month)
- Annual option at £50/year (regular £100)
- UK Partnerships/LLPs$13.5/month
- Introductory rate (regular price £27/month)
- Annual option at £135/year (regular £270)
- UK Limited Companies$16.5/month
- Introductory rate (regular price £33/month)
- Annual option at £330/year (regular £330)
Which should you pick?
Choose Basware if
- You need invoice capture.
- You work on Web, iOS, Android.
- You also want matching.
Questions people ask
- Is Basware or FreeAgent better?
- Neither clearly leads. Basware starts at On request and FreeAgent at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Basware or FreeAgent?
- FreeAgent has a free tier; the other does not. Paid plans start at On request for Basware and Free for FreeAgent.
- Does Basware or FreeAgent run on more platforms?
- Basware runs on Web, iOS, Android. FreeAgent runs on Web.
- Can I use FreeAgent for free?
- Yes. FreeAgent has a free tier, so you can try it without paying. Basware starts at On request.
- What is Basware best used for?
- Basware is most often used for a multinational needing compliant electronic invoicing across italy, poland, france and mexico without building each mandate itself, a shared service centre processing hundreds of thousands of invoices a year that needs touchless processing rates measured and improved, a group standardising accounts payable across subsidiaries running different erp systems, a finance function trying to capture early payment discounts that are currently lost to slow approval cycles. Of those, a multinational needing compliant electronic invoicing across italy, poland, france and mexico without building each mandate itself and a shared service centre processing hundreds of thousands of invoices a year that needs touchless processing rates measured and improved are not what FreeAgent is typically brought in for.
- What can Basware do that FreeAgent cannot?
- Basware covers Invoice capture, Matching, Approval workflow, E-invoicing compliance.
Answered from the vendors’ own pages
Basware: Should we buy Basware if we only operate in one country?
Probably not. Its main advantage is multi-country e-invoicing compliance. In a single jurisdiction, cheaper AP automation gives you the same result.
FreeAgent: Does FreeAgent offer a free option?
FreeAgent is free for qualifying customers maintaining business accounts with NatWest, Royal Bank of Scotland, Ulster Bank, or certain Mettle accounts.
SourceBasware: Does it handle mandatory e-invoicing regimes?
Yes, and that is the core reason to choose it. It covers a wide set of national mandates as a service rather than an integration project you run yourself.
FreeAgent: What is FreeAgent's pricing for sole traders?
Sole traders pay £9.50/month (50% introductory rate; regular £19/month), or £95/year annually (regular £190/year), excluding 20% VAT.
SourceBasware: What drives the price?
Invoice volume, number of countries and modules. It is quoted, and implementation with ERP connectors and supplier onboarding is separate.
FreeAgent: What add-ons does FreeAgent offer?
Optional add-ons include Smart Capture Unlimited at £5/month and Amazon integration at £6/month, allowing customers to extend base plan functionality.
SourceBasware: What determines the return?
The share of invoices arriving electronically. Touchless rates depend on supplier adoption, so budget for a supplier onboarding programme, not just the software.
FreeAgent: Does FreeAgent offer a trial?
FreeAgent provides a 30-day free trial with no commitment, and customers can cancel at any time during or after the trial period.
SourceRelated pages
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