Open vs. Basware

Open simplifies business finance management with a banking system integrated with automated accounting, payments, invoicing, auto-reconciliation, payroll and expense management. The all-in-one Open business account powers the financial and business banking needs of SMEs, enterprises and freelancers. Open powers business banking services for over 2 Million SMEs in India. It is the fastest growing neo-banking platform adding over 100,000 new SMEs/month and processing over $24 billion in transactions annually.

Basware is how the world’s best finance teams gain complete control of every invoice, every time. We offer a cloud-based platform for invoice lifecycle management automation, supporting end-to-end processing of invoices, from receipt or creation, through approval and matching, to payment and archive. Powered by the world’s most sophisticated invoice-centric AI – trained on over 2 billion invoices – Basware's Intelligent Automation drives real ROI by transforming finance operations. We serve 6,500+ customers globally and are trusted by industry leaders including DHL, Heineken and Sony.