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PayEm: Vendor Analysis — Procure-to-Pay solution overview, roadmap, competitors, tech selection tips, analyst summary

11/27/2023 By and

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This Spend Matters Vendor Analysis provides an overview of PayEm and its Intake-to-Pay (I2P) solution.

PayEm is a relatively new vendor in the market. Since the introduction of its product in 2020, though, it has experienced rapid growth and garnered a substantial customer base that primarily consists of the middle market.

The vendor specializes in intake and user configurable workflow creation, enabling customers to capture spend at the point in which employees incur spend. While the solution addresses direct, indirect and services spend, most customers primarily use PayEm for indirect and services I2P and Spend Management.

This Vendor Analysis Update explores PayEm’s platform, application and supporting services. It also provides a list of PayEm’s competitors, tech selection tips and key analyst takeaways.

Here’s why PayEm matters:
To the market — PayEm offers an end-to-end request-to-reconciliation platform for the mid-market, with an emphasis on configurability and adoption.
To customers — PayEm captures all kinds of employees spend before it occurs, enabling real-time spend management
To potential buyers — PayEm’s I2P solution is ideal for customers that do not need advanced capabilities built for enterprise level, but are looking for an easy-to-use platform that covers all the capabilities a mid-market vendor would need.

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Vendor Analysis