2021 Gartner Critical Capabilities for Procure-to-Pay Suites takes a deeper view into what Gartner has deemed the “critical capabilities” a best-in-class procure-to-pay (P2P) solution should have.
In the recently published Gartner Magic Quadrant™ for Procure-to-Pay Suites, Gartner stated that the interest in P2P suites is increasingly high so the report could not be timelier. In fact, P2P is the second highest inquiry volume topic they are seeing within sourcing and procurement applications - a 20% increase in volume YTD over 2020.
In this new Gartner report, you can find the results of the 12 vendors assessed for their P2P capabilities. All have been ranked for various areas of product and services in five different P2P use cases and given ratings against P2P areas. Notably, Basware was recognized for its strength in AP automation with our highest score for the second year as well as ranked 4th in Integration and 2nd highest in Partner Ecosystem.
For full access to the findings, download the report.
Gartner, Critical Capabilities for Procure-to-Pay Suites, By Micky Keck, William McNeill, Kaitlynn Sommers, Patrick Connaughton, Published 16 November 2021.
Gartner, Magic Quadrant for Procure-to-Pay Suites, By Kaitlynn Sommers, William McNeill, Micky Keck, Patrick Connaughton, Published 25 October 2021.
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