| E-Invoicing / E-Billing in Europe | E-Payables Invoice Receipt and Workflow | Aberdeen E-Payables AXIS |
This in-depth research report provides valuable knowledge and support for invoice senders and recipients seeking to replace expensive paper-based invoice management with more cost-effective electronic processes. Written by an independent European e-invoicing consultant, with market analysis from Billentis, the report provides all the relevant information for succeeding with an e-invoicing project, including facts, qualitative views, evaluation and product information by leading providers.
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The accounts payable function has risen to prominence in recent years as a back-office after-thought that can be transformed into a useful cash management mechanism. However, recent Aberdeen research has found that the majority of enterprises are still employing manual methods of invoice-processing, which has inflated both processing costs and cycle times. The benchmark study, encompassing the intentions and strategies of over 130 enterprises, found that 75% of organizations are currently mired in a manual and paper-based rut in managing the initial phase of the accounts payable process. |
The Aberdeen E-Payables AXIS report is especially relevant to enterprises planning to automate existing manual A/P systems. Kofax (representing the combined capabilities of Kofax and newly acquired 170 Systems) achieved the highest total score (99) in this evaluation of leading systems. As a CHAMPION vendor, Kofax has demonstrated superior proficiency in delivering both real value as well as the ability to serve and support its installed user base. |

