Yooz: Vendor Analysis 2020 Update — Part 3 (SWOT, Competitor Comparisons, Selection Tips)

Yooz is one of the many providers that compete in the accounts payable automation market, and Spend Matters plans to launch its first AP Automation SolutionMap this spring. Combining a granular, AP-centric capability assessment with real-life customer reviews gives a deeper understanding of specialty vendors like Yooz. Initially, the AP Automation ratings will be published as a stand-alone benchmark ranking. The Invoice-to-Pay (I2P) SolutionMap rankings will eventually be enriched with AP Automation functional requirements as well.

This Spend Matters PRO Vendor Snapshot series provides updates since our 2018 review of Yooz. The three-part series includes 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 for finance technology. Part 2 covered product strengths and weaknesses.

This final installment offers a vendor SWOT analysis and competitor comparisons with vendors like Coupa, Basware, SAP Ariba, Oracle, Tipalti and Medius. It also includes more evaluation and selection considerations.