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Electronic Invoice Management Technology Insight

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Focus Area: Purchase to Pay
Publication Date: 01/15/2015

Electronic Invoice Management Technology Insight

PayStream Advisors is preparing the fifth edition of its Electronic Invoice Management report (eInv) Technology Insight Report and vendor analysis to provide an update on the rapidly emerging electronic invoicing landscape. This report is intended to help business managers evaluate new Accounts Payable automation strategies and solutions. It will feature imaging and workflow solution providers who have strong capabilities and product strategies to meet the needs of medium and large corporate Accounts Payable automation efforts. The report will also explore the convergence our analysts are witnessing between IWA solutions and eInvoicing offerings with the ultimate objective of 100 percent paperless processing in the AP department.

Audience

VP-Finances, CFO’s, controllers, A/P managers, purchasing managers, shared services managers, and directors at 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 preliminary provider and product information to identify appropriate providers.

Report Scope

Traditionally, the enemy of radical improvements in the financial supply chain has been an over reliance on people and paper-based processes, which result in lengthy processing cycles, slow and delayed payments, and unhappy suppliers. However, all this is changing. On the one side, heightened visibility has led to a growing awareness among financial managers that things are changing, with or without their approval. On the other hand, robust, and easy-to-use electronic invoicing (eInvoicing) options, including shared networks and stand-alone portals, widely available in the market today are opening the doors for innovative AP and finance departments to take control of supplier invoices and payments and shine in the limelight.

The figure below represents the Electronic Invoicing Universe: Electronic invoicing solutions improve the invoice-receipt to payment cycle by streamlining how organizations receive and approve invoices and make payments.

 

Report Sponsorship

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