The Hackett Group® validates 40+ years of Basware innovation and invoice expertise as companies cut through AI marketing hype.
CHARLOTTE, NC, May 19, 2026 – Basware today announced that it earned the highest score for AP Automation among 118 vendors evaluated in The Hackett Group’s Spring 2026 SolutionMap. The global leader in Invoice Lifecycle Management (ILM) was named a Top Tech solution recognized for its standout functional capabilities and AI innovation.
“In today’s market, ‘build vs. buy’ decisions are increasingly driven by AI claims, and those claims are hard to validate,”
said Carina Kuhl, Principal, Solution Intelligence, The Hackett Group®.
“SolutionMap turns solution intelligence into decision-grade insurance by helping teams shortlist faster, de-risk selections and separate real capability from marketing narrative. Providers who earn a place in these rankings have demonstrated they belong on the shortlist.”
SolutionMap assessments are conducted by The Hackett Group’s Solution Intelligence analysts, formerly the Spend Matters™ analyst team. Each evaluation is built on 500+ detailed functional and capability criteria, mandatory product demonstrations, and impartial, anonymized, verified customer value ratings. The result is an independent, evidence-based view of the procurement technology landscape – one that procurement leaders actively rely on when evaluating solutions, building business cases and gaining internal buy-in for technology investments.
“Every vendor claims to have AI-powered solutions, but the future of finance isn’t just AI, it’s governed autonomy: AI that operates with the control, compliance and visibility enterprises require,”
said Kira Mondrus, Chief Marketing Officer, Basware.
“ Basware has built AI into the core of our platform and combined it with 40+ years of invoice expertise, 250 million invoices processed annually, and the industry's largest open e-invoicing network. The result is a Financial Control Plane finance teams can trust across every ERP, every country, and every supplier - even during ERP transformations where bolted-on AI tools typically fail."
Earning the top score for AP Automation in The Hackett Group's Spring 2026 SolutionMap is a reflection of what Basware has spent more than four decades building and a signal of where the company is heading with its innovations. In a market flooded with AI marketing claims, the independent validation separates proven capability from vendor promises. Today, Basware is defining a new finance category, Invoice Lifecycle Management, taking enterprises far beyond AP automation, delivering governed AI autonomy, continuous compliance, financial integrity and enterprise control.
Basware's Invoice Lifecycle Management solutions cover more than 190 countries and have processed over 2.5 billion invoices to date - more than 250 million annually - approved over $10 trillion in payments, and executed over 1 billion AI decisions. The Basware ILM platform is trusted by more than 6,500 organizations, including the world's largest enterprises, such as McDonald’s, Heineken, DHL, and others. Click here to learn more about the platform and the value it is delivering to customers around the world.
Media Contact
Basware
Abs Hassanali
Global Head of PR & Communications
abs.hassanali@basware.com
About Basware
Basware is how finance leaders in global enterprises can finally automate their complex, labor-intensive invoice processes and stay compliant with regulatory change. Our AP automation and invoicing platform helps you achieve a new level of efficiency – in a matter of months – while reducing errors and risks. We bring a unique combination of true automation, complete coverage, and deeper expertise to make it all just happen for our customers. That’s why the world’s most efficient AP departments at thousands of companies rely on Basware to handle over 220 million invoices per year. Basware. Now it all just happens.™
