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The IDC Marketscape: Worldwide SaaS and Cloud-Enabled Procure-to-Pay (P2P) Applications 2021 Vendor Assessment is a detailed report which evaluates cloud-based P2P vendors and their solutions. In it, vendors were evaluated on capabilities such as robotic process automation (RPA), predictive analytics, intelligent workflows, invoice management, and more.
Cloud procure-to-pay (P2P) solutions help businesses not only optimize their processes but also ensure business continuity regardless of circumstance. Additionally, the P2P solution should also have the ability to flex and grow with your firm and enhance cost optimization and business resiliency. Given the importance of such a decision, it’s vital that companies understand their P2P needs, thoroughly research potential vendors, and consider what they envision for the future of their business.
After a thorough evaluation, IDC has positioned Basware in the Leaders Category of this 2021 procure-to-pay IDC MarketScape for reasons such as:
Our network’s ability to connect with all suppliers regardless of method (paper, PDF, EDI, etc.)
Our numerous features which leverage machine learning (ML) including an approval confidence index
Our ability to enable 100% visibility and transparency around all spend (indirect and direct, regardless of origin)
Our pioneering in touchless automation.
Download the excerpt to read the full profile of Basware P2P.
See why Basware was named a Leader.