Andrew Bartolini, Vice President Global Supply Management, Aberdeen and Report Author, had this to say about the report, "In the midst of the current global recession, finance and other enterprise executives have intensified their focus on cost containment and the optimization of working capital. The A/P department is uniquely positioned to support these objectives. Unfortunately, the average A/P department lacks the automation, executive focus, and general business alignment needed to effectively do so." Bartolini goes on to say, "While A/P automation offers compelling transaction cost savings and other strategic benefits, only one-third of all enterprises have any significant level of automation in place."
According to Aberdeen's findings after evaluating over 40 e-Payables vendors, the solution providers offering the best combined Value Delivered and Market Readiness scores include: Kofax, Ariba, Bottomline Technologies, and U.S. Bank PowerTrack.
Click here to obtain a copy of Aberdeen's e-Payables AXIS(TM) Report....
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