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, receivables, and product innovation.

At this year’s APP2P Conference & Expo in Las Vegas, financial research and advisory firm PayStream Advisors announced the winners of its eighth annual Innovative Technology of the Year awards. These awards were given to six software providers that deliver especially intuitive, progressive solutions for automating financial processes.

To identify the winners, PayStream’s team of technology experts measure leading software providers by their solutions’ functionality, flexibility, and ability to meet the efficiency needs of a diverse range of customers. This year, the team evaluated over 90 providers, using product demos, customer surveys, and in-depth interviews to help identify the most innovative technology companies. Signs of innovation in a provider’s solution include the breadth of the solution’s features for back-office processes, including Procure-to-Pay, Source-to-Settle, and travel and expense management, and the visual quality and intuitiveness of the solution’s design. PayStream also honors providers that display a progressive, global focus and exciting development goals.

“PayStream’s innovation awards are given to providers that we feel are creating game-changing software in their industry. This year’s recipients all have one thing in common: they are unafraid to challenge the status quo and redefine their industry,” said Jimmy LeFever, Director of Research & Consulting at PayStream Advisors.

Congratulations to all of the 2017 Innovative Technology of the Year Award winners:

Aquiire - Innovative Procurement Technology of the Year
Coupa - Innovative Sourcing Technology of the Year
Inspyrus - Innovative Payables Technology of the Year
Rocketrip - Innovative Travel Technology of the Year
Tipalti - Innovative Payments Technology of the Year
Transactis - Innovative Receivables Technology of the Year

PayStream also identified a few more innovative providers that deserve recognition. These honorable mentions are Medius, Paymerang, Prime Revenue, Rosslyn Data Technologies, SAP Ariba, ScoutRFP, Traxo, and Versapay.

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, PayStream is dedicated to maximizing returns and minimizing risks associated with technology investment. PayStream’s research reports, white papers, webinars, and tools are available free of charge at PayStream Advisors is a division of Levvel, an IT consulting firm specializing in technology strategy, design, architecture, and DevOps.

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