About Forrester
Forrester Research, Inc. is an independent research company that provides pragmatic and forward-thinking advice to global leaders in business and technology.
More SaaS And Commoditization Shape 2013 Growth
CIOs should take an interest in the market for ePurchasing software (software to support buying, sourcing, contracting, and vendor management activities) for two reasons: 1) to find technology tools...
Twelve Invoice-To-Pay Technologies And Where They Fit In Forrester's Road Map To Accounts Payable Invoice Processing Excellence
Procurement and finance managers struggling with inefficient invoice-to-pay (I2P) processes are often confused by the plethora of diverse technology products and services that are available today,...

The Four Forces Of Cloud, Smart, Verticals, And Networks Are Reshaping Markets
Four forces are keeping the $5 billion ePurchasing and contract life-cycle management (CLM) software markets highly competitive and dynamic. First, cloud delivery via software-as-a-service (SaaS) is...
SaaS Products Will Lead Growth; The Pace Of Acquisitions Will Pick Up As Well
The ePurchasing software market in 2011 will continue to be dynamic, with relatively strong growth of 12% overall, even faster growth in new categories, as well as a variety of mergers, acquisitions,...
Growth Will Accelerate After A So-So 2009
The ePurchasing market will post a very good growth rate of 12% in 2010, rising to $4 billion. This market for software products like eProcurement, eSourcing, contract life-cycle management (CLM),...
For many companies, invoice processing (IP) stands today as one species in a kingdom of untamed business processes overstuffed with inefficiencies, manual tasks, and disjointed transitions from one...
The Plethora Of Discrete Networks Detracts From ePurchasing's Value
Enterprises use supplier networks to trade electronically with their suppliers, but they find that insufficient cooperation between rivals limits potential progress. Chief purchasing officers (CPOs)...
Services Procurement And EIPP Are Hottest, Supplier Performance And Automated Spend Analysis Show Promise, But Supplier Portals Start To Decline
Forrester has used its TechRadar™ on the various subcategories of ePurchasing software to identify which offer the most reliable and fastest-growing sources of business value. We found that...
Growth Slows Both Overall And For eProcurement But Is Strong In Other Areas
The ePurchasing market — software solutions for eProcurement, eSourcing, contract life-cycle management (CLM), automated spend analysis, accounts payable electronic invoice presentment and...
Ariba Helps The Company Build On Its eProcurement Foundation
A global pharmaceutical company processes nearly two million invoices per year through a handful of shared service centers (SSCs), but was suffering with a 20-day backlog. The company was already...
A $3 billion maintenance services company faced many challenges processing six million invoices per year, most from small-business subcontractors. The accounts payable (AP) director knew that full...
Accounts payable electronic invoice presentment and processing (AP-EIPP) applications help companies automate their invoice-to-pay (I2P) processes. Inefficient manual processing can cost $20 or more...
Strong Growth And Dynamism Despite Maturing eProcurement And eSourcing
Vendors have both opportunities and challenges in the dynamic ePurchasing market, with strong double-digit growth projected for 2008 despite a slowing overall IT market. While products like...
Basware Leads For Products That Streamline The Invoice-To-Pay Process, But Other Vendors Also Have Strong Offerings
In Forrester's 78-criteria evaluation of accounts payable electronic invoice presentment and payment (AP-EIPP) vendors, we found that Basware leads the pack, closely followed by Ariba, JPMorgan Xign,...
Demand For Applications To Streamline Buy-Side Invoice-To-Pay Processes Will Continue To Grow Rapidly
Most invoices start life in order management applications and end up in accounts payable (AP) products, yet almost all must first become paper, processed by expensive, slow, and error-prone human...
eProcurement And eSourcing Mature; CLM, EIPP, And Automated Spend Analysis Grow
The market for ePurchasing software, also called spend management or supplier relationship management solutions, will grow at a compound annual growth rate (CAGR) of 10% from 2003 to 2008, with more...