Yooz: Vendor Snapshot (Part 3) — Competitive and Summary Analysis [PRO]

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Yooz is one of the dozens of providers that frequently compete in the accounts payable automation market. This specific market is a bit difficult to “bound” as it represents a narrower “cut” of the functional requirements in Spend Matters’ invoice-to-pay SolutionMap — yet with more granular requirements in support of specific AP-centric (and sometimes industry-specific) needs.  

This Spend Matters PRO Vendor Snapshot provides facts and expert analysis to help procurement organizations make informed decisions about Yooz’s solution offering in payment automation and e-invoicing markets. Part 1 of our analysis provided a company background and detailed solution overview, as well as a summary recommended fit suggestion for when organizations should consider Yooz in the finance technology areas. Part 2 covered product strengths and weaknesses, and this final installment offers a competitor and SWOT analysis, along with evaluation and selection considerations.

Afternoon Coffee: Sears Files for Chapter 11 Bankruptcy, Large Defense Suppliers Merge

Sears filed for Chapter 11 bankruptcy protection from creditors Monday, keeping many of its stores open while it restructures, The Wall Street Journal reports. And CEO Eddie Lampert has stepped down. Defense contractors L3 and Harris announced a merger over the weekend, the Washington Business Journal reports. If the deal passes muster, the new company would create the sixth-largest aerospace and defense prime contractor, the Journal reports. Afternoon Coffee brings you the latest in procurement and supply chain news.

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