PayStream Advisors Publishes Direct Comparison Report of Procure-to-Pay Automation Solutions

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The Report Helps Organizations Prioritize Their P2P Process and Software Needs.

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The latest Navigator is our most ambitious, comparing fifteen solutions that allow organizations to strategically manage spend processes in one platform.

Independent financial technology research and advisory firm PayStream Advisors today announced the release of its 2016 Procure-to-Pay Navigator report. “Procure-to-Pay (P2P)” refers to the entire back-office lifecycle of requisitioning, purchasing, receiving, paying for, and accounting for indirect goods and services. The P2P Navigator report provides a comparative analysis of solutions that weighs their strengths, weaknesses, and differentiating features.

“Our first two Navigator reports received such tremendous feedback, we realized how large the demand is for a quantifiable ranking tool, especially as cloud solutions proliferate and the market becomes more and more fragmented.” said Jimmy LeFever, Director, Research and Consulting, and Navigator creator. “The latest Navigator is our most ambitious, comparing fifteen solutions that allow organizations to strategically manage spend processes in one platform. We hope it helps to simplify what can be an incredibly complex technology investment decision.”

The creation of the P2P Navigator spanned 10 months and involved extensive product demonstrations and questionnaires, interviews with the key executives of each software provider, as well as a review of key provider metrics, such as revenue, customer demographics, and industry vertical and geographic traction. The 2016 P2P Navigator report compares P2P solutions offered by Basware, BirchStreet, BuyerQuest, Coupa, Determine, Esker, GEP, Ivalua, Puridiom, SciQuest, Tradeshift, Verian, Wax Digital, Xeeva, and Zycus, as well as a limited profile of Ariba. To review the rankings and read PayStream's independent analysis, download the full 2016 P2P Navigator report.

About PayStream Advisors
PayStream Advisors is a research and advisory firm focused on business process automation in sourcing, supply chain management, procurement, accounts payable, payments, and expense management. PayStream’s team of experts provide targeted research and consulting services to address the changing needs of finance and procurement professionals. In short, they are dedicated to maximizing the returns and lowering the risks associated with technology investment. PayStream’s research reports, white papers, webinars, and tools are available free of charge at http://www.paystreamadvisors.com. PayStream Advisors is a division of Levvel, an IT consulting firm specializing in technology strategy, design, architecture, and DevOps.

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Stephanie Dula
PayStream Advisors
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