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PayStream Advisors delivers unbiased, third-party market trend information, assessments of financial automation technology, and innovative ideas to business leaders in healthcare, consumer billing, finance and treasury, accounts receivable and accounts payable.

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Invoice Automation Benchmarking Report 2010


Publication Length: 25 Pages
Publication Date: 6/28/2010
Publisher: PayStream Advisors

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PayStream Advisors conducted its “Invoice Automation Adoption Survey” in the first quarter of 2010 and developed this white paper to highlight the overall trends that are shaping the rapidly evolving AP automation space. The “Invoice Automation Adoption Benchmarking Report” is designed to:

  • Help accounting and financial practitioners familiarize themselves with the electronic invoicing and automated workflow landscape;
  • Enable them to better understand the extent of adoption of the various forms of accounts payable automation; and
  • Allow companies to benchmark their operations against similar businesses.

Table of Contents

  1. Introduction, Survey Highlights and Methodology
  2. AP Challenges and Automation Goals
  3. Over Reliance on Paper and Barriers to AP Automation
  4. Front-end Imaging Adoption and Data Capture
  5. Automated Workflow Adoption and Benefits of Automated Workflow
  6. Adoption of Other AP Technologies Including eInvoicing and ePayments
  7. Impact of Company Size
  8. What the Innovators Are Doing to Automate AP
  9. Research Methodology
  10. Featured Technology Vendors
    1. BancTec
    2. Basware
    3. Esker
    4. Metafile
    5. ReadSoft

Table of Charts and Graphs

  1. Challenges in the Invoice Management Process
  2. Top Financial Automation Goals for 2010
  3. Timeframe for Implementation of Top Automation Initiatives
  4. Breakdown of Invoices via Receipt Method
  5. Adoption of Imaging Technologies
  6. Barriers to the Adoption of Imaging Solutions
  7. Maturity of Imaging Solutions
  8. Front-end Imaging with Manual Data Entry
  9. Front-end Imaging with Automated Data Capture
  10. Adoption of Workflow Technologies
  11. Benefits of Approval Workflow
  12. Adoption of Various AP Technologies
  13. Adoption of Imaging and Workflow Technologies by Company Size
  14. Adoption of Other AP Technologies by Company Size
  15. Breakdown of Companies by Innovation Level
  16. Adoption of Imaging and Workflow by Company Size
  17. Adoption of Other AP Automation Technologies
  18. Processing Costs by Company Size
  19. Processing Costs by Level of Innovation

Complimentary Document:


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