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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 Adoption Report 2011

Publication Length: 21 Pages
Publication Date: 8/1/2011
Publisher: PayStream Advisors

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PayStream Advisors conducted our Invoice Automation Adoption Survey in the second quarter of 2011 and developed this report 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. Nature of AP Departments
2. AP Challenges and Automation Goals
3. Reliance on Paper for Invoice Receipt
4. Front-end Imaging Adoption
5. Automated Workflow Adoption
6. Impact of Company Size on Invoice Processing
7. Solution Provider Profiles
   1. BancTec
   2. Basware
   3. Hyland Software
   4. Metafile
   5. ReadSoft

Table of Graphics and Charts

1. Challenges in the Invoice Management Process
2. Top Financial Automation Goals for 2011
3. Time Frame for Implementation of Top Automation Initiatives
4. Breakdown of Invoices via Receipt Method
5. Adoption of Imaging Technologies
6. Barriers to 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 Imaging and Workflow Technologies by Company Size
13. Processing Costs by Company Size