Viewing Accounts Payable

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Afternoon Coffee: In coronavirus crisis, Walmart paying vendors faster; Ford builds ventilators; Fashion brands make medical clothes; MetalMiner tips on COVID-19 crisis, oil prices; AP Automation insights
March 27, 2020 | Spend Matters Team
For today’s edition of Afternoon Coffee, it’s more of an espresso shot of headlines and short news items. Have a safe weekend.
CORONAVIRUS RESPONSE: Procure-to-pay (P2P) keeps the cash flowing during the crisis - [PRO Content]
March 26, 2020 | Xavier Olivera
In this installment of our “Coronavirus Response” series, Spend Matters will focus on procure-to-pay solutions and how they can help manage cash flow during a crisis. The mission of this PRO series is to examine categories of relevant solutions (and example providers) that professionals in procurement, finance and supply chain organizations should investigate to reduce,…
AP Automation vendors are highlighted in a new SolutionMap category for our Spring 2020 release
March 25, 2020 | Spend Matters Team
“The AP Automation market is ‘hot, hot, hot’ in which vendors compete in a market that is growing and changing by the day,” Spend Matters’ Founder Jason Busch wrote in a recent Nexus article. That’s why Spend Matters has added AP Automation technology rankings to the Spring/Q1 2020 SolutionMap release, which came out Tuesday. Six…
Spring 2020 AP Automation: Provider Scoring Summary
March 24, 2020 | Spend Matters Team
This SolutionMap scoring summary analyzes a select group of AP Automation solution providers. It is part of our Spring 2020 SolutionMap report series, also featuring spend analytics, sourcing, supplier management, contract management and e-procurement providers. Our spring release also features a SolutionMap for invoice-to-pay and strategic procurement technology suites.
Release note: Accounts Payable (AP) Automation is new for the Spring/Q1 2020 SolutionMap
March 24, 2020 | Spend Matters Analyst Team
Spend Matters is pleased to announce the debut of a new SolutionMap category — AP Automation — for today’s Spring/Q1 2020 SolutionMap release. AP Automation has been released in addition to the Invoice-to-Pay SolutionMap ranking and 11 other technology categories. This release note provides SolutionMap Insider subscription members with details about the evaluation process. Six…
SolutionMap update for Spring/Q1 2020 ranks 69 procurement technology vendors and adds AP Automation category
March 24, 2020 | Spend Matters Team
Spend Matters today has updated its free SolutionMap benchmark rankings for the new Spring/Q1 2020 release. The latest SolutionMap compares 69 procurement technology providers across 13 categories — which includes a new ranking map for Accounts Payable (AP) Automation vendors. Six providers are featured in the first AP Automation category, which reflects the growing importance that…
AppZen: Vendor Introduction — Strengths/Weaknesses, Company SWOT, Competitors, Selection Checklist - [PRO Content]
March 18, 2020 | Nick Heinzmann
The term “audit” usually implies a reactive activity. When something goes wrong, a business conducts an audit to find out what happened, then corrects its procedures to prevent the error from recurring. This approach is, of course, not ideal. Rather than spend time and energy retroactively correcting a problem, taking a proactive, preventative approach to…
Yooz: Vendor Snapshot 2020 Update — Part 3 (SWOT, Competitor Comparisons, Selection Tips) - [PRO Content]
March 6, 2020 | Xavier Olivera
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…
Yooz: Vendor Snapshot 2020 Update — Part 2 (Strengths and Weaknesses) - [PRO Content]
March 5, 2020 | Xavier Olivera
Yooz is a specialized middle-market software provider in the accounts payable automation sector with particular expertise in rapid deployment and broad-based support for payables processes. Its capabilities include invoice capture, validation and approval, ERP integration and AP payment processing through its partner ecosystem. (Given its focus on the middle market, areas like global compliance, supplier financing…
Yooz: Vendor Snapshot 2020 Update — Part 1 (Background, Solution Overview, When to Consider Yooz) - [PRO Content]
March 4, 2020 | Xavier Olivera
Yooz is a specialized accounts payable automation software provider that also offers adjacent capabilities in e-invoicing. Yooz supports 3,000 customers and 200,000 users worldwide, primarily mid-market companies that have $10 million to $500 million in revenue and that process more than 100 invoices a month. Yooz competes in the diverse, sometimes confusing and overlapping procure-to-pay…
Veem: Vendor Snapshot (Part 2) — Product Strengths and Weaknesses - [PRO Content]
February 27, 2020 | David Gustin
Payment solutions are increasingly intertwined with procurement and sales activity. Within B2B, this occurs at the enterprise level (e.g., as an extension or component of source-to-pay and order-to-cash, or O2C) as well as at the SMB and contractor levels. And it is happening on a global basis, as trade in both goods and services expands.…
Leverage the Rule of 3 for Improving AP Automation Accuracy - [Sponsored Article]
February 20, 2020 | Kirstin Warner, Corcentric
We’ve all heard about the benefits of accounts payable automation: going paperless, saving time and saving money. If you and your team want to truly maximize these benefits, there are important considerations to make when looking for an AP automation solution. Above all, you must make sure the solution you select offers true automation so…

SolutionMap easy-lookup chart: Grid shows all 69 vendors and the procurement technology category they’re in : JP Morris said : Fiverr isn't in SolutionMap yet, but maybe it will join for a future release. Spend Matters does ext...

SolutionMap easy-lookup chart: Grid shows all 69 vendors and the procurement technology category they’re in : Darcy said : Should fiverr be on the list?...

“Ariba Doesn’t Have Customers, It Has Prisoners” : Kerry said : Thank god there are other people that understand that Ariba scams small businesses by charging them ...

Coupa CEO implores procurement pros to lead businesses through the coronavirus crisis : Jason Busch said : Joe, You are entitled to your opinion. But what I will say is that folks like Coupa (via a joint bu...

Coupa CEO implores procurement pros to lead businesses through the coronavirus crisis : Joe Harold said : Been a long time since I have seen such a badly pitched article. Apparently Coupa are positioning th...