Accounting · head to head
Basware vs Soldo
Basware
Accounting
Invoice automation and e-invoicing compliance across a large number of national mandates
- From
- On request
- Rated
- -
Soldo
Accounting
Prepaid company card and spend control platform for European businesses
- From
- £21/month
- Rated
- -
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.; Soldo cards are prepaid, so if the central wallet runs low the cards decline in front of a supplier, and treasury has to keep an idle float funded rather than using a credit line.
- They diverge on capability: Basware covers Invoice capture, Soldo covers Prepaid company cards.
- Prices and features above were last checked on 1 September 2026.
Where they differ
Only the attributes on which Basware and Soldo actually diverge.
Identical on both: free tier (No), platforms (Web, iOS, Android), 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 Soldo
- Prepaid company cards
- Card-level budgets
- Receipt capture
- Accounting export
- Multi-currency wallets
- Approval workflows
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 Soldo
- A shared service centre processing hundreds of thousands of invoices a year that needs touchless processing rates measured and improvednot Soldo
- A group standardising accounts payable across subsidiaries running different ERP systemsnot Soldo
- A finance function trying to capture early payment discounts that are currently lost to slow approval cyclesnot Soldo
Soldo
- A construction firm giving site managers fuel and materials cards with hard per-card limitsnot Basware
- A marketing team issuing virtual cards per subscription so a cancelled tool cannot keep billingnot Basware
- A UK company that cannot get approved for a credit-based corporate card programmenot Basware
- A multi-entity European business needing EUR and GBP wallets without conversion on every purchasenot 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.
Soldo
- Cards are prepaid, so if the central wallet runs low the cards decline in front of a supplier, and treasury has to keep an idle float funded rather than using a credit line.
- The plan fee covers only three users, and per-user charges plus physical card fees mean the real monthly cost is several times the advertised headline for a team of twenty.
- It does not extend credit, so it gives no working capital benefit and no card rewards of the kind US charge card issuers use to offset their cost.
- Sole traders and some business types are not accepted, which catches out small consultancies expecting to sign up online.
- Coverage is European; a company with US or Asian subsidiaries will need a second card programme and a second expense workflow for them.
Pricing, plan by plan
Basware
On request- Basware$undefined/year
- Invoice automation, matching and approval
- E-invoicing compliance across national mandates
- Supplier network connectivity
Soldo
£21/month- Standard$21/month
- Three users included
- Around £7 per additional user per month
- Physical card issuance fee around £5, virtual around £1
- Plus$33/month
- Three users included
- Around £11 per additional user per month
- Advanced approval and multi-currency features
- Enterprise$undefined/month
- Quoted pricing
- Custom card volumes and entity structures
- Dedicated account management
Which should you pick?
Choose Basware if
- You need invoice capture.
- You work on Web, iOS, Android.
- You also want matching.
Choose Soldo if
- You need prepaid company cards.
- You work on Web, iOS, Android.
- You also want card-level budgets.
Questions people ask
- Is Basware or Soldo better?
- Neither clearly leads. Basware starts at On request and Soldo at £21/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Basware or Soldo?
- Basware starts at On request and Soldo at £21/month.
- Does Basware or Soldo run on more platforms?
- Both run on Web, iOS, Android, so platform support will not decide this one for you.
- 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 Soldo is typically brought in for.
- What can Basware do that Soldo cannot?
- Basware covers Invoice capture, Matching, Approval workflow, E-invoicing compliance. Soldo covers Prepaid company cards, Card-level budgets, Receipt capture, Accounting export.
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.
Soldo: Is Soldo a credit card?
No. It is prepaid electronic money. You fund a wallet and cards spend from it, so there is no credit line and no interest-free period.
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.
Soldo: What licence does Soldo hold?
Soldo is authorised as an electronic money institution, including UK, Irish and Italian entities, which is why it can issue cards without a sponsor bank in those markets.
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.
Soldo: What does it really cost for twenty users?
Take the plan fee, add the per-user rate for the seventeen users beyond the included three, then add card issuance fees per physical card.
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.
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