2014 IWA Benchmark Report
Capturing Competitive Advantage
Posted On December 18, 2014
Along with the boom in cloud-based P2P automation technology solutions comes the difficulty of determining which technology will deliver the highest ROI. Rather than automating bits and pieces of back-end activity, a holistic invoice workflow automation (IWA) system encompasses the entire invoice lifestyle.
Though there has been an increase in electronic invoicing in the last several years, there are still many companies that do not employ automation solutions for the next steps in the invoice workflow. This lack of invoice workflow automation can lead to various difficulties, including a lack of visibility and high processing costs, as well as frequently missed discounts. Because many companies have recognized the pains caused by manual invoice processing, demand for workflow automation technology is now on the rise. Our research has shown that many organizations have plans to employ IWA software in the near future.
The functionalities of IWA systems have become more advanced, accessible, and intuitive than ever, and the value of these systems is highly apparent in cost savings and captured discounts. Optimizing the invoice lifestyle can be seen as a bottom-up approach to cutting costs, increasing industry standing, and ultimately increasing margins. Our 2014 IWA Benchmark Report can serve as a tool for P2P professionals to evaluate today’s leading IWA technology providers, and to choose the one that is perfect for their organizational success.
Table Of Contents
Introduction
Solution Source is your online resource for listings and reviews of the top P2P automation software available.
News

Beware Those Corporate Deadbeats- CFO.com

PayStream Announces Cost Per Invoice Calculator - Shared Services Link

Henry Ijams joins IFO UK Advisory Board
Testimonials

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The necessity for supply chain professionals to realize how their roles extend through the payables cycle makes this conference one of the single most "must attend" ones for discriminating supply chain conference goers. .......Director of Information Management, Sisters of Mercy Health System
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Research Vault
2014 IWA Benchmark Report
Capturing Competitive Advantage
Posted On December 18, 2014
Our 2014 IWA Bechmark Report sheds light on recent industry advancements in the IWA software landscape, helps P2P professionals understand the benefits and best practices for such technologies, and serves as a guide for selecting the best solution to meet their organization's needs.
P2P for Financial Service Professionals
Transform the Procure-to-Pay Process
Posted On December 17, 2014
In today’s financial service industry, there is significant room for improvement in the time- and labor-intensive processing of business-to-business purchase orders and invoices. This report will focus on the benefits that an automation solution can bring to the P2P process for financial service providers.