• ABOUT
• TOOLS/RESOURCES
• EVENTS
• BLOG

Electronic Supplier Payments

---

Focus Area: Purchase to Pay
Publication Date: 06/20/2013

 

A Buyer’s Guide to B2B Payment Automation Solutions

Introduction

PayStream Advisors is developing a buyer's guide and vendor analysis report for accounts payable and procurement professionals who are seeking information regarding solutions that facilitate electronic payments and remittance information to suppliers. The forthcoming report will provide valuable insights into emerging technologies that automate the payment and remittance process, enabling organizations to streamline their payable processes as well as leverage new opportunities to optimize their working capital requirements. This report is intended to help Accounts Payable, Purchasing, and IT buyers make vendor and technology selection decisions as they evaluate new Accounts Payable automation strategies and solutions based in this report.

Audience

A/P managers, purchasing managers, shared services managers, VP-Finances, CFO's and IT directors at medium to large companies who understand basic concepts and opportunities around automation and are interested in solving the paper intensive document management process in their A/P departments. This report is targeted to individuals who require detailed vendor and product information to identify and select an appropriate solution for payables automation and management needs. The report will assume that the reader is evaluating vendors and formulating a strategy to automate A/P processes.

Objective

The primary objective of this report is to increase corporate A/P and purchasing managers’ ability to distinguish between electronic payment technology vendors and the various solutions that they offer. The secondary objective is to help solution resellers and integrators further develop and differentiate their solution sales through comparative assessment with other technologies and solutions.

Report Scope

The report will review vendors in the Supplier Electronic Payments (SEP) space who have developed a targeted product portfolio for Accounts Payable automation. PayStream Advisors actively works with managers and decision makers in the medium to large organizations to provide them with deep insights on financial process improvement and neutral viewpoints about available solutions in the market. From these direct experiences, we have uncovered a marketplace need for better information to understand targeted solutions, which help streamline specific processes and deliver quick ROI. This report is aimed at the growing number of companies that are looking for appropriate solutions that can automate and optimize their A/P processing cycles by lowering cost, increasing efficiency and reducing errors and exceptions. As you can see in Figure A, 36 percent of companies are evaluating AP Automation tools.

Figure A

Adoption of AP Automation

Report Sponsorship

Please contact at 704-405-5983 for sponsorship opportunities.