Spend Matters Almanac: eInvoicing

Electronic invoicing (eInvoicing) is the “Pay” portion of Source-to-Pay and Procure-to-Pay. It focuses primarily on the EIPP (Electronic Invoice Presentment and Payment) process – within a buy-side ePayables context. Solutions focus on automating invoice creation (which may come directly from a PO), invoice capture (including use of OCR), invoice validation (including integration to other systems) and processing, dynamic discounting and early payment discounts, linkage to trade payables finance solutions (see “supply chain finance” section of this almanac), and integration to settlement networks for payment processing. Providers may also provide other functionality for services procurement, trade finance, supplier networks, supplier management, eProcurement, expense management, and other areas. P2P is a combination of the eProcurement market (see Requisition/PO Management in the almanac) and the Invoicing market (also explained elsewhere in the almanac).

ApexPeak
1 Fusionopolis Link, #04-02/03 Nexus@One North, | Singapore, Singapore | 138542 Singapore
enquiry@apexpeak.com
+65 6460 0688
Provides solutions and/or services in the following categories:
About
Recent Coverage
ApexPeak improves the cash flow for companies large and small by providing alternative finance. Working capital is provided via a suite of digital platforms making cash advances fast and easy. ApexPeak was founded in 2012. Its headquarters are in Singapore and it has offices in Dubai and Africa. It is majority locally owned. To find out more about invoice discounting

APVelocity
12270 Nicollet Ave South | Burnsville, Minnesota | 55337 United States
info@apvelocity.com
800-707-4854
Provides solutions and/or services in the following categories:
About
Recent Coverage
APVelocity quick-payment service is a fast and flexible way for buyers to swiftly pay their suppliers. With APVelocity as the financing source, buyers benefit from improved working capital, and suppliers benefit from instant payment on approved invoices. We are industry leaders in smooth supplier onboarding. We utilize comprehensive education, allowing for seamless integration with any eInvoicing and procurement system. With

Aquiire
     
10290 Alliance Road | Cincinnati, Ohio | 45242 United States
PAnthony@Aquiire.com
513/285.8385
About
Recent Coverage
Aquiire’s intelligent real-time Procure-to-Pay suite brings the convenience and simplicity of the consumer shopping experience to the business user with unparalleled compliance and savings. Aquiire features patented, real-time B2B e-commerce shopping from a single search, advanced machine learning to improve search relevance and spend visibility and cutting-edge supplier relationship management technologies to automate buyer/seller collaborations. Aquiire’s best-in-class, intuitive user interface

AvidXchange
 
1111 METROPOLITAN AVENUE, SUITE 650 | Charlotte, North Carolina | 28204 United States
info@avidxchange.com
888.918.2843
Provides solutions and/or services in the following categories:

BirchStreet Systems
   
1301 Dove Street | Newport Beach, California | 92660 United States
sales@birchstreet.net
949-567-7000
Provides solutions and/or services in the following categories:
About
Recent Coverage
BirchStreet Systems is the leading cloud based procure-to-pay automation solution for the hospitality industry worldwide, founded 16 years ago. BirchStreet is a SaaS software system […]

Bottomline
325 Corporate Drive | Portsmouth, NH | 03801 United States
info@bottomline.com
603.436.0700
Provides solutions and/or services in the following categories:

Causeway Tradex
Comino House, Furlong Road | Bourne End, Buckinghamshire | SL8 5AQ United Kingdom
marketing@causeway.com
+44 (0) 1628 552000
Provides solutions and/or services in the following categories:
About
Recent Coverage
Designed to simplify the process of exchanging trading documents, Tradex has been refined over the last 15 years to become a Source-to-Pay solution that enables trading partners to take advantage of the efficiencies and intelligence brought about by digitisation. Enhancing business relationships is not new to us. In 15 years we have dealt with a variety of supply chain challenges

CEDAR
 
One Ravinia Drive, Suite 1700 | Atlanta, GA | 30346 USA
sales@cedardoc.com
(770) 395-5000
Provides solutions and/or services in the following categories:

CloudTrade
1.06 Cargo Works, 1-2 Hatfields | London, London | SE1 9PG United Kingdom
ct.marketing@cloud-trade.com
+44 203 637 9334
Provides solutions and/or services in the following categories:
About
Recent Coverage
CloudTrade provides a non-disruptive way for trading partners to send electronic invoices, orders and other business documents, straight into your processing application.

Corcentric
   
457 Haddonfield Road, Suite 220 | Cherry Hill Township, NJ | 08002 United States
info@corcentric.com
18006080809
Provides solutions and/or services in the following categories:
About
Recent Coverage
Corcentric is a leading provider of procurement and finance solutions that transform how companies purchase, pay, and get paid. Corcentric’s procurement, accounts payable, and accounts receivable solutions empower companies to spend smarter, optimize cash flow, and drive profitability. Since 1996, more than 6,000 customers from the middle m

Determine
       
615 West Carmel Drive | Carmel, IN | 46032 United States
sales@determine.com
1.877.806.1932
About
Recent Coverage
Determine, Inc. (NASDAQ: DTRM) is a leading global provider of SaaS Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) solutions with over four decades of collective technical and process knowledge. The pioneering Determine Cloud Platform was designed from the ground up to be adaptable, agile and flexible without the need for expensive and complex configurations that disrupt business instead of accelerate

Dhatim
 
104 Boulevard du Montparnasse | Paris, Ile de France | 75014 France
dremaud@dhatim.com
+33145389283
Provides solutions and/or services in the following categories:
About
Recent Coverage
Conciliator™ is an award-winning cloud platform powered by Artificial Intelligence , developed by Dhatim, the leading software editor in automation of administrative functions. More than 50 of the Forbes Global 2000 companies use Conciliator™. Conciliator™ helps Procurement, Finance and HR teams by removing the burden of their laborious manual tasks, by identifying new sources of optimization and by taking automated

Hubwoo
One BayPort Way, Suite 120 | Newport News, Va | 23606 United States
sales@perfect.com
(877) 871-3788
Provides solutions and/or services in the following categories:
About
Recent Coverage
Hubwoo connects companies - providing cloud- based, comprehensive spend management and collaborative business process automation solutions for goods and services-through The Business Network. Our global solutions integrate with any ERP or financial system to drive adoption, compliance and savings. Hubwoo is a Perfect Commerce Company.

Inspyrus
1235 Radio Rd., Suite 250 | Redwood City, California | 94065 United States
info@inspyrus.com
650-551-9555
Provides solutions and/or services in the following categories:
About
Recent Coverage
Inspyrus is a Silicon Valley Fintech Software-as-a-Service (SaaS) company that specializes in transforming Accounts Payable and Finance Operations into profit centers. As an Oracle preferred solution partner for Accounts Payable automation, Inspyrus provides solutions for Invoice Automation, Dynamic Discounting, and Supplier Enablement. Supported by several patent-pending technologies, Inspyrus provides out-of-the-box, real-time integration with leading ERP systems including Oracle’s E-Business, JD

Invoiceware International
 
581 Village Trace NE | Marietta, GA | 30067 United States
steve.sprague@invoicewareint.com
+1 800-988-0728
Provides solutions and/or services in the following categories:
About
Our View
Recent Coverage
Invoiceware International is the leader in Latin America electronic invoicing and provides solutions and services that reduce the risk and cost of maintaining compliance across the region for the world’s largest companies including Sun Chemical, Intermec, Kellogg, DuPont, and Siemens. Our solutions allow companies to ensure their business processes meet the constantly changing government regulations across the region; including compliance

ITESOFT
Parc d'Andron | Le Séquoia, Aimargues | 30470 France
+33 (0)1 55 91 98 98
Provides solutions and/or services in the following categories:

Kofax
15211 Laguna Canyon Road | Irvine, CA | 92618 United States
info@kofax.com
1-949-727-1733
Provides solutions and/or services in the following categories:

Nipendo
     
25 Mall Road | Burlington, MA | 01803 United States
info@nipendo.com
(857) 400-9696
Provides solutions and/or services in the following categories:
About
Recent Coverage
Nipendo Supplier Cloud enables a new level of buyer-supplier collaboration, empowering organizations around the world to achieve best-in-class procure-to-pay automation and compliance across all spend categories. While most procurement solutions are geared towards indirect spend, The Nipendo platform is designed to automate even the most complex direct spend processes. Customers rely on Nipendo Supplier Cloud to enable real-time collaboration and

OpusCapita
       
Keilaranta 13 | Espoo, Helsinki | FI-02150 Finland
kelly.babbit@opuscapita.com
510-595-6800
Provides solutions and/or services in the following categories:
About
Recent Coverage
OpusCapita digitalizes and automates purchasing, invoice handling and payments, as well as cash management and supplier financing. With 600 million annual transactions, over 200 million of which are automated electronic documents, we have the expertise to make buying and paying easier and more cost effective. You get end-to-end visibility, control and compliance of your spend and cash flow. In 2015

Pagero
Box 11006 SE-404 21 | Gšteborg, | Sweden
info@pagero.com
+46-31 730 88 00
Provides solutions and/or services in the following categories:

Palette Software
332 S Michigan Avenue, 9th Floor | Chicago, Illinois | 60604 United States
michael.cichy@palettesoftware.com
+1 508 341 8101
Provides solutions and/or services in the following categories:
About
Recent Coverage
The AP process affects many roles in an organization, and is unique to every industry. AP software has to be powerful enough to handle the complexity, be intuitive for users, and provide seamless integration. Palette Software is a leading provider of Procure to Pay automation, with 3,500 clients worldwide and approval ratings of over 94%. It provides intelligent functionality for four

Paramount WorkPlace
1374 East West Maple Road | Walled Lake, Michigan | 48390 United States
Sales@ParamountWorkPlace.com
800-725-4408
Provides solutions and/or services in the following categories:
About
Recent Coverage
Advanced web-based & mobile Requisition, Procurement, and Expense for mid-market organizations across a range of industries. Trusted by global, national, and local Brands for its powerful capabilities, intuitive features, ease of use, and deployment as SaaS/cloud-based, hosted, and on-premise. Paramount WorkPlace can be a stand-alone solution or seamless out-of-the-box integrated extension of Microsoft Dynamics (GP, NAV, SL, AX), Sage ERP

Previse
 
2nd floor East Side Kings Cross Station York Way | London, London | N1C 4AX United Kingdom
info@previ.se
+44 (0)20 7440 9780
Provides solutions and/or services in the following categories:

PROACTIS
     
Riverview Court, Castle Gate | Wetherby, West Yorkshire | LS22 6LE United Kingdom
info@proactis.com
+44 (0)1937 545070
About
Recent Coverage
PROACTIS is a global Spend Control and eProcurement solution provider. Over 1000 organisations across 90 countries use PROACTIS software and services to transform their procurement, purchase-to-pay and accounts payable processes to deliver greater bottom-line value. • PROACTIS Solutions for Finance enable organisations to streamline the purchase-to-pay process, eliminate labour-intensive manual registration of invoices, speed up invoice matching and approvals, and

Readsoft
Södra Kyrkogatan 4 | , Helsingborg | SE-252 23 Sweden
+46 (0)42 490 21 00
Provides solutions and/or services in the following categories:

Sovos
 
200 Ballardvale Street, 4th floor | Wilmington, Massachusetts | 01887 United States
info@sovos.com
+1-866-890-3970
Provides solutions and/or services in the following categories:
About
Recent Coverage
With the ability to convert the world’s most complete and accurate regulatory analysis into scalable, reliable and secure cloud software, Sovos is trusted by half the Fortune 500, including many of the top manufacturers, retailers and financial services companies.

Taulia
201 Mission Street, 9th Floor | San Francisco, CA | CA 94105 United States
info@taulia.com
4153768280
Provides solutions and/or services in the following categories:
About
Our View
Recent Coverage
Taulia drives innovation in the Financial Supply Chain through a comprehensive and interconnected set of solutions to strengthen supplier relationships and uncover the value within financial supply chains. One Platform, Unlimited Options. By turning every invoice into a revenue opportunity, Taulia enables organizations to strengthen supplier relationships while adding millions to the bottom line. Some of the smartest brands in

Tipalti
 
1810 Gateway Dr. Suite 260 | San Mateo, California | 94404 United States
Provides solutions and/or services in the following categories:
About
Recent Coverage
Tipalti is the only end-to-end global payables automation solution that streamlines the entire accounts payable and supplier payments operation. More than just a global remittance engine, Tipalti also provides supplier onboarding and vetting, digital tax form collection and validation, invoice processing, PO matching, proactive supplier communications, early payments, enterprise-grade financial controls, real-time payment reconciliation, and AP reporting with NetSuite. The

Tradeshift
612 Howard Street #100 | San Francisco, California | 94105 United States
cja@tradeshift.com
4159489391
About
Recent Coverage
Founded in 2010, Tradeshift is the world’s largest business commerce platform that connects buyers and sellers. Tradeshift connects over 1.5 million companies across 190 countries, processes over half a trillion USD in transaction value yearly, and has a marketplace containing 28 million SKUs. It offers solutions for procure to pay, supplier engagement and financial services, and enables companies and partners

Transcepta
   
135 columbia | Aliso Viejo, CA | 92656 United States
info@transcepta.com
949.382.2840
Provides solutions and/or services in the following categories:
About
Our View
Recent Coverage
Transcepta connects Procurement and Accounts Payable professionals with their suppliers, enabling everyone to achieve greater profitability. Every day, thousands of companies access the Transcepta Network to improve e-invoicing and procure-to-pay processes, drive financial value across the supply chain, and communicate dynamically.

TrustWeaver
 
Kungsgatan 27, 4TR | Stockholm, Stockholm | SE-111 56 Sweden
business@trustweaver.com
+46 8 41 005 790
Provides solutions and/or services in the following categories:
About
Recent Coverage
TrustWeaver provides a comprehensive cloud-based compliance service for electronic invoicing and other legally critical documents for more than 55 countries. From a single technical interface and through our unique Compliance Map ™ concept, more than 60 world-leading B2B integration brokerage vendors in our partner network automatically provide interoperable legal certainty to trading partners that use their solutions, regardless of changes

Tungsten Network
   
1040 Crown Pointe Parkway, Suite 350 | Atlanta, GA | 30338 United States
ashley.infantino@tungsten-network.com
770.668.1362
Provides solutions and/or services in the following categories:
About
Our View
Recent Coverage
At the heart of the global marketplace are the billions of transactions that happen every day. There are multiple human touch-points between Buyers and Suppliers — each of which cost time and the possibility of human error. Increasing demands for compliance bring ever more intricate regulation. In response, businesses today are searching for ways to streamline and become more agile.

Verian, a Basware company
 
1245 Rosemont Drive | Fort Mill, SC | 29707 United States
info@verian.com
800-672-8776
Provides solutions and/or services in the following categories:
About
Our View
Recent Coverage
Verian is now a Basware company with a joint global offering of best-in-class Purchase-to-Pay and e-invoicing solutions for companies of all sizes. Together we make commerce flow across the world’s largest open commerce network by enabling better supplier collaboration and discounts capture through: - Best-in-class eProcurement and Accounts Payable Automation - Proven global leadership in Purchase to Pay and Business

Wesupply Limited
9 & 10 Rowan House, Westwood Way, Westwood Business Park | Coventry, West Midlands | CV4 8LE United Kingdom
info@wesupply.com
+44 (0)845 643 6600
Provides solutions and/or services in the following categories:

Yooz
   
8951 Cypress Waters Blvd | Coppell, Texas | 75019 United States
info@justyoozit.com
832-384-9669
Provides solutions and/or services in the following categories:
About
Recent Coverage
Yooz provides AP Automation intelligence to more than 2,000 global customers, turning AP departments into profit centers by streamlining the invoice process workflow. Born in the cloud, it stays on the cutting edge of innovation by reinvesting 25% of its revenues into R&D. Yooz leverages the technology platform of its European sister company ITESOFT (Paris: ITE), a leader in intelligent