ISPnext: Vendor Analysis — S2P solution overview, competitors, tech selection tips, analyst summary

In this Spend Matters PRO Vendor Analysis, we give an overview of ISPnext, an S2P solution that automates invoice processing, improves supplier relations and reduces risks for an entire organization in one single platform.

ISPnext focuses on its local market, the Netherlands. Most of its customers are mid or mid+ organizations that have their HQ in Benelux, which encompasses an economic and customs union comprised of Belgium, the Netherlands and Luxembourg. However, it plans to extend its presence further into the EU and the UK with the aim of becoming a leading European player.

Here’s why ISPnext matters:

• To the market — ISPnext is a regional player with a unified and configurable S2P suite covering the main blocks required by mid-size organizations.
• To customers — ISPnext’s customers benefit from a streamlined solution that covers their S2P foundational requirements and from a proximity that allows for a close collaboration with the provider.
• To potential buyers — ISPnext offers a configurable solution that lacks some bells and whistles but may still appeal to organizations looking to cover foundational requirements — and, of course, looking for a solution made in Europe.

This Spend Matters PRO Vendor Analysis gives an overview of the vendor's capabilities, its competitors, provides tech selection tips and closes with key analyst takeaways.