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).

ADP Procure-to-Pay Solutions
9990 Richmond Ave, Suite 350 N | Houston, Texas | 77042 United States
Provides solutions and/or services in the following categories:

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

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:

Basware
60 Long Ridge Road | Stamford, CT | 06902 United States
Sales.usa@basware.com
+1 203.487.7900
Provides solutions and/or services in the following categories:
About
Our View
Recent Coverage
As the global leader in providing purchase-to-pay and e-invoicing solutions in the world of commerce, Basware empowers companies to unlock value across their financial operations. With Basware, small businesses to corporate giants across all industries can simplify and streamline key financial processes to strengthen control, reduce costs and gain proactive insight into cash flows, as well as improve buyer-supplier relationships.

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

BravoSolution
217 N. Jefferson, Suite 400 | Chicago, Illinois | 60661 United States
a.brody@bravosolution.com
3123733100
About
Our View
Recent Coverage
BravoSolution is a leading global strategic procurement solution provider. Our procurement technology platform and practitioner experience help more than 600 companies and 100,000 procurement professionals in over 70 countries unlock the power of procurement to drive financial performance, develop procurement organizational excellence, manage risk and influence innovation. BravoSolution’s approach to strategic procurement consistently delivers business outcomes to enable customers to

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

CloudTrade
Southampton Science Park, 2 Venture Road | Southampton, Hampshire | SO16 7NP United Kingdom
enquiry@cloudtradenetwork.com
+44 (0)117 230 1054
Provides solutions and/or services in the following categories:

Corcentric
7927 Jones Branch Drive, Suite 3200 | McLean, VA | 22102 United States
info@corcentric.com
(888) 525-7677
Provides solutions and/or services in the following categories:
About
Recent Coverage
Corcentric provides cloud-based financial process automation solutions including accounts payable and accounts receivable, e-invoicing, credit and collections management, working capital management, and reporting analytics. Corcentric offers two solutions: CorConnect, our accounts receivable platform; and COR360, our accounts payable platform. CorConnect tackles complex multi-enterprise commerce by removing the cost, friction, and risk from doing business in a complex B2B ecosystem. We

Determine, Inc.
615 West Carmel Drive | Carmel, IN | 46032 United States
sales@determine.com
1.877.712.9560
About
Our View
Recent Coverage
Determine (NASDAQ: DTRM) is a leading global provider of solutions in the cloud. Our recognized technologies enable our customers to effectively manage the full scope of Source to Pay and ECLM using the Determine Cloud Platform. The Determine Cloud Platform gives procurement, finance, and legal professionals the ability to deliver profound insights in corporate spend, supplier relationships and contractual obligations.

GEP
100 Walnut Ave. | Clark, NJ | 07066 United States
info@GEP.com
732-382-6565
About
Our View
Recent Coverage
GEP is a diverse, creative team of people passionate about procurement. We invest ourselves entirely in our client’s success, creating strong collaborative relationships that deliver extraordinary value year after year. We deliver practical, effective services and software that enable procurement leaders to maximize their impact on business operations, strategy and financial performance. Consulting -- With one of the largest, most

Invapay
1st Floor, Sherwood House, Bluecoats Avenue | Hertford, Hertfordshire | SG14 1PB United Kingdom
sarah.vasili@invapay.com
+44 (0)1992 500 589
Provides solutions and/or services in the following categories:

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

OpenText | GXS
9711 Washingtonian Boulevard | Gaithersburg, Maryland | 20878 United States
+1 800-334-2255
Provides solutions and/or services in the following categories:
About
Recent Coverage
OpenText GXS boosts your competitiveness by connecting you with your business partners seamlessly, through the world’s largest and most scalable information network. We create frictionless interaction between companies—from the cloud to the client—through a secure, reliable, and data-rich platform.

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
ForumvŠgen 14, 18 floor, Box 4141 | 131 04, Nacka | Sweden
info@palette.se
+46 8 563 092 00
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 800 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:

SAP Ariba
210 Sixth Avenue | Pittsburgh, PA | 15222 United States
ariba_dme_atl@sap.com
1-866-772-7422
About
Our View
Recent Coverage
SAP Ariba is how companies connect to get business done. On the Ariba Network, buyers and suppliers from more than two million businesses and 190 countries discover new opportunities, collaborate on transactions and grow their relationships. Buyers can manage the entire buying process, while controlling spending, finding new sources of savings and building a healthy supply chain. And suppliers can

SciQuest
3020 Carrington Mill Blvd | Morrisville, North Carolina | 27560 United States
rpatterson@sciquest.com
9196592230
About
Our View
Recent Coverage
Some of the largest Commercial, Manufacturing and Life Sciences companies in the world trust SciQuest with billions of dollars of annual spend. Additionally, SciQuest is the leading procure-to-pay provider in the Higher Education and Government sectors. SciQuest eprocurement and strategic sourcing customers across the globe have gained access to the best suppliers, with the best terms, on our scalable, configurable,

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

Tradeshift
612 Howard Street #100 | San Francisco, California | 94105 United States
cja@tradeshift.com
4159489391
Provides solutions and/or services in the following categories:
About
Our View
Recent Coverage
Tradeshift is a global business-to-business platform that helps companies run more efficiently, using cloud-based technology to improve processes like invoicing, workflow and supplier financing. Tradeshift brings all companies, big and small, together to transact, connect and collaborate with each other. For suppliers, we deliver free electronic invoicing, enabling faster payments and predictable cash flow. For enterprises, we empower them to

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.

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:

Xeeva
999 Tech Row | Madison Heights, MI | 48071 US
results@xeeva.com
1-888-504-7660
Provides solutions and/or services in the following categories:

Yooz Inc
950 F State Highway 114, Suite 160 | Southlake, Texas | 76092 United States
contact@justyoozit.com
832-384-9669
Provides solutions and/or services in the following categories: