PayStream Advisors Announces Innovative Technology of the Year Award Winners

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Six software providers were recognized for achievement in expense management, procurement, sourcing, payments, purchase-to-pay, and product innovation.

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These are the kinds of products we enjoy reviewing, because we can immediately envision the kind of impact they will have on the real-world problems that we help our clients solve every day.

Financial research and advisory firm PayStream Advisors yesterday announced the winners of its seventh annual Innovative Technology of the Year awards at the APP2P Conference & Expo in Las Vegas. Each year, PayStream’s team of experts recognizes automation software providers that deliver standout solutions designed to streamline expensive, time-consuming back-office finance processes. These providers enable organizations to cost-effectively manage transactions within an increasingly complex global web of suppliers, partners, and customers.

“In a crowded market, these solutions stand apart as true disruptors, having the potential to solve complex business process problems, improve efficiency, and reduce costs to an extent beyond what we see with most products. They’ve achieved a level of innovation in design that makes it easy for stakeholders to get on board, which frees up resources and accelerates ROI,” said Jimmy LeFever, Director of Research & Consulting at PayStream Advisors. “These are the kinds of products we enjoy reviewing, because we can immediately envision the kind of impact they will have on the real-world problems that we help our clients solve every day.”

Congratulations to all of the 2016 Innovative Technology of the Year Award winners:
KDS - Innovative Travel & Expense Management Technology of the Year
Basware - Innovative Procurement Technology of the Year
ScoutRFP - Innovative Sourcing Technology of the Year
Cambridge Global Payments - Innovative Payments Technology of the Year
Esker - Innovative Purchase-to-Pay Technology of the Year
Tradeshift GO - Product Innovation of the Year

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 implementation services.

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Stephanie Dula
PayStream Advisors
+1 (704) 523-7357 Ext: 239
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