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For Business Process Professionals

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August 22, 2005

The Forrester Wave™: Accounts Payable EIPP, Q3 2005

Evaluation Of Top Accounts Payable EIPP Vendors Across 74 Criteria

by Andrew Bartels

with Penny Gillespie, Bill Doyle, John R. Rymer, Adele Sage

This is an excerpt

Executive Summary

Electronic invoice presentment and payment (EIPP) is becoming an essential tool for businesses. EIPP solutions fall into two categories: accounts receivable (AR) solutions for sellers who want to get electronic invoices into the hands of buyers; and accounts payable (AP) solutions, geared toward buyers who want to receive all invoices electronically. To assess the state of the AP EIPP market and see how the vendors stack up against each other, Forrester evaluated the strengths and weaknesses of top AP EIPP vendors across 74 criteria. The result: American vendors such as TradeCard, Xign, and Ariba scored higher than most of the European vendors, largely due to their more robust AP functionality. BasWare (Finland) emerged as the highest-scoring vendor in Europe. Included in this report is an interactive vendor comparison tool that provides detailed product evaluations and customizable rankings.

TABLE OF CONTENTS

  • Accounts Payable EIPP Does More Than Manage Invoices
  • Accounts Payable EIPP Evaluation Overview
  • US Vendors And BasWare Stand Above Other European Vendors
  • Vendor Profiles
  • Differences Between The US And Europe
  • Supplemental Material
  • Related Research Documents

Features

XLS Forrester Wave™: Accounts Payable EIPP, Q3 `05

Feature Forrester Wave™: Accounts Payable EIPP, Q3 `05

This is an excerpt

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