This SolutionMap analyzes a select group of invoice-to-pay solution providers. It is part of our Q2 2017 SolutionMap report series, also featuring invoice-to-pay solution providers and procure-to-pay suites.
Spend Matters tracks more than 50 procure-to-pay solution providers. This analysis features many of the largest invoice-to-pay providers, specifically Coupa, Determine, GEP, Ivalua, Invocus, Pool4Tool, SAP Ariba, Taulia, Tradeshift and Vroozi. We will be adding additional providers for the Q3 and Q4 2017 updates (as well as in 2018 and beyond).
SolutionMap ratings provide comparative rankings and insight into how each provider scored from a solution and customer value perspective. It provides a breakdown of solution scoring for each vendor on the category level (e.g., invoice structure/capture, invoice collaboration and compliance, additional invoicing technology components, financing/payment, supplier network, configurability, technology/architecture and services). It also provides insight into how customers scored invoice-to-pay vendors (e.g., likelihood of recommending the provider, level of value perceived, business value, ability to meet expectations, deployment speed, ROI, TCO and innovation).
Solution scoring is based on analysis of individual vendor capability, including in-depth tech reviews, a highly detailed Spend Matters RFI, and live demonstrations and Q&A by the Spend Matters team. The Customer Value score stems from aggregated direct customer input (survey based).