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
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10290 Alliance Road | Cincinnati, Ohio | 45242 United States
marketing@Aquiire.com
513/285.8385
About
Recent Coverage
Aquiire, a Coupa company, offers an intelligent real-time Procure-to-Pay suite which 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

AvidXchange
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1210 AvidXchange Lane | Charlotte, NC | 28206 United States
info@avidxchange.com
800.560.9305
Provides solutions and/or services in the following categories:
About
Recent Coverage
Founded in the year 2000, AvidXchange transforms the way companies pay their bills. Trusted by more than 5,500 customers throughout North America, AvidXchange is the industry leader in automating invoice and payment processes across the real estate, HOA, construction, and healthcare industries. AvidXchange is distinguished as a global fintech unicorn and one of the fastest growing technology companies in the

BirchStreet Systems
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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
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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
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200 Lake Drive East, Suite 200 | Cherry Hill Township, NJ | 08002 United States
info@corcentric.com
800-608-0809
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.

Coupa
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1855 South Grant Street | San Mateo, CA | 94402 United States
sales@coupa.com
650-931-3200
About
Recent Coverage
Coupa Software, a leader in cloud-based spend management, enables businesses everywhere to recognize bottom-line financial success via Value-as-a-Service. Customers – small, medium and large - representing the Americas, EMEA, and APAC rely on Coupa to support business agility and reduce costs. Only Coupa provides an organic suite of true cloud spend management applications, including invoicing, procurement, expense management, sourcing and

Determine
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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
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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

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:

Medius
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12 E 49th St, Floor 11 | New York, NY | 10017 United States
info.usa@medius-group.com
+1 877-443-4483
Provides solutions and/or services in the following categories:
About
Recent Coverage
Medius is a leading provider of AP invoice automation solutions in the cloud. MediusFlow is a game-changing AP Automation solution that delivers efficiency and control of the entire Accounts Payable process. By providing clear financial visibility, optimized resource allocation and strategic insights, we’re able to help advance our customer’s businesses. With the knowledge gained from 17+ years of AP-specific focus

Nipendo
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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

Nivo1
Technology | Pittsburgh, PA | 15222 United States
leanne.madden@nivo1.com
4123819201
Provides solutions and/or services in the following categories:
About
Recent Coverage
Processing invoices is time consuming, expensive, and error prone. Even worse, it just doesn’t scale. The faster you grow, the more you are held back by outdated systems and inefficient, costly, labor-intensive processes. AP Express is a secure, cloud-based SaaS solution that dramatically reduces labor costs while improving accuracy and helping you manage cash more efficiently. Embedded machine learning and

NVoicePay
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8905 SW Nimbus Ave | Beaverton, Oregon | 97008 USA
kim.pendergrass@nvoicepay.com
+1.877.974.1750
Provides solutions and/or services in the following categories:

OpusCapita
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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
Paramount WorkPlace provides 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,

Previse
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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
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Riverview Court, Castle Gate | Wetherby, West Yorkshire | LS22 6LE United Kingdom
info@proactis.com
UK: +44 (0)1937 545070 | US: +1 757 766 8211
About
Recent Coverage
Proactis helps organisations around the world to operate faster, leaner, smarter by rethinking the way they do commerce to thrive in the digital economy. We enable both buyers and sellers to eliminate wasted time, money and talent by transforming the way they buy and sell goods and services. • ReThink Spend: Integrated suite of spend management solutions that streamline every

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
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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
Sovos is a leading global provider of software that safeguards businesses from the burden and risk of modern tax. As governments and businesses go digital, businesses face increased risks, costs and complexity. The Sovos Intelligent Compliance Cloud is the first complete solution for modern tax, giving businesses a global solution for tax determination, e-invoicing compliance and tax reporting. Sovos supports

Symbeo
555 SW Oak Street Suite 250 | Portland, Oregon | 97204 United States
solutions@symbeo.com
5032424210
Provides solutions and/or services in the following categories:
About
Recent Coverage
Symbeo connects you with innovative technology driven by human expertise that delivers the most accurate, complete and reliable invoice process automation solution available. The results are automation and process management solutions powerful and flexible enough to scale with your business needs and transform your Accounts Payable. Symbeo delivers 50%-75% cost savings, immediate return on expense, and the visibility, control and

Taulia
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250 Montgomery Street | San Francisco, California | 94104 United States
info@taulia.com
1 (415) 376-8280
Provides solutions and/or services in the following categories:
SolutionMap Solution Rankings:
About
Recent Coverage
Taulia delivers working capital solutions that make it easy for businesses to free up cash, accelerate payments, and improve supply chain health. Since founding in 2009, we’ve envisioned a world where every business thrives by liberating cash. Today, our game-changing technology powers a network connecting 1.6 million businesses across 168 countries and has accelerated more than $91 billion in early

Tipalti
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1810 Gateway Dr. Suite 300 | San Mateo, California | 94404 United States
sales@tipalti.com
(650) 319-8999
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. The seamless nature

Tradeshift
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612 Howard Street #100 | San Francisco, California | 94105 United States
dave.pedersen@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
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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
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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
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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
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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
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8951 Cypress Waters Blvd, Ste. 170 | Coppell, Texas | 75019 United States
contact@us.getyooz.com
832-384-9669
Provides solutions and/or services in the following categories:
About
Recent Coverage
Yooz is a fast-growing, award-winning software firm that solves for today’s finance professionals’ top invoice and payment processing challenges by providing innovative, cloud-based AP automation. Yooz offers an intuitive, simple, secure, purchase to pay invoice processing solution that integrates seamlessly with more than 200 ERP platforms. Simplicity, transparency, security, savings, and mobility form the hallmark foundation of the Yooz platform