Softwr

Accounting · head to head

Basware vs Pennylane

Basware logo

Basware

Accounting

Invoice automation and e-invoicing compliance across a large number of national mandates

From
On request
Rated
-
Full reviewWebsite
Pennylane logo

Pennylane

Accounting

French tool combining business finances, accounting and a pro account in one platform

From
On request
Rated
-
Full reviewWebsite

The short version

  • 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.; Pennylane no pricing is displayed on the homepage or linked pricing page; visitors are directed only to a Demarrer maintenant (Start now) signup flow with no published EUR figure
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which Basware and Pennylane actually diverge.

Attributes where Basware and Pennylane differ
AttributeBaswarePennylane
PlatformsWeb, iOS, AndroidWeb

Identical on both: starting price (On request), pricing model (quote), free tier (No), 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 Pennylane

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 Pennylane
  • A shared service centre processing hundreds of thousands of invoices a year that needs touchless processing rates measured and improvednot Pennylane
  • A group standardising accounts payable across subsidiaries running different ERP systemsnot Pennylane
  • A finance function trying to capture early payment discounts that are currently lost to slow approval cyclesnot Pennylane

Pennylane

  • Automated invoicing with payment reminders and collectionsnot Basware
  • Real-time cash flow visibility and financial forecastingnot Basware
  • Employee expense management with card controls and workflowsnot Basware
  • Automated supplier invoice payment processingnot Basware
  • Mandatory e-invoicing compliance (France September 2026)not 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.

Pennylane

  • No pricing is displayed on the homepage or linked pricing page; visitors are directed only to a Demarrer maintenant (Start now) signup flow with no published EUR figure
  • The product bundles accounting, invoicing and a business bank account together, so buyers cannot subscribe to only one function

Pricing, plan by plan

Basware

On request
  • Basware$undefined/year
    • Invoice automation, matching and approval
    • E-invoicing compliance across national mandates
    • Supplier network connectivity

Pennylane

On request

No published plan breakdown. See the Pennylane review.

Which should you pick?

Choose Basware if

  • You need invoice capture.
  • You work on Web, iOS, Android.
  • You also want matching.
Basware review

Choose Pennylane if

Nothing in the data separates Pennylane from Basware on the points above - pick on price and on how each one feels to use.

Pennylane review

Questions people ask

Is Basware or Pennylane better?
Neither clearly leads. Basware starts at On request and Pennylane at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Basware or Pennylane?
Basware starts at On request and Pennylane at On request.
Does Basware or Pennylane run on more platforms?
Basware runs on Web, iOS, Android. Pennylane runs on Web.
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 Pennylane is typically brought in for.
What can Basware do that Pennylane 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.

Pennylane: What financial processes does Pennylane help automate?

Pennylane streamlines multiple financial functions including invoice creation, expense management, payment collection, and receipt documentation. The platform centralizes data from facturation, purchasing, treasury, and accounting in one unified system.

Source
Basware: 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.

Pennylane: Can Pennylane help with corporate spending control?

Yes. Pennylane provides corporate cards for employees with built-in spending controls and authorization workflows, allowing businesses to manage team expenses while maintaining visibility and approval requirements.

Source
Basware: What drives the price?

Invoice volume, number of countries and modules. It is quoted, and implementation with ERP connectors and supplier onboarding is separate.

Pennylane: Does Pennylane provide real-time financial visibility?

Yes. Pennylane's unified dashboard provides live transaction visibility and real-time cash flow monitoring across the entire business, helping teams access financial data instantly.

Source
Basware: 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.

Share

Related pages

More on Basware

More on Pennylane

Keep looking

Other head to heads