Update Note, SolutionMap Fall 2021: E-Procurement, AP Automation / Invoice-to-Pay and Procure-to-Pay (P2P)

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This expense counts SolutionMap Insider The release note provides an overview of the SolutionMap Fall 2021 release for three categories: E-Procurement, AP Automation / Invoice-to-Pay (AP / I2P) and Procure-to-Pay (P2P). The note reviews the process we are going through and highlights what has changed since the last version of SolutionMap.

This release contains the second major overhaul since the launch of SolutionMap in 2017, and it includes new “market figures”, updated technology categories, and a more focused RFI.

The latest RFI contains new questions that take into account recent innovations and updates to other questions that better reflect capabilities that are “industry standards” versus “best in class”.

In addition, the AP Automation and Invoice-to-Pay (I2P) categories have merged due to increasing overlap. The categories were intended to fit in since AP Automation debuted with SolutionMap in Spring 2020. Now renamed “AP Automation (I2P)”, this category compares solution providers specializing in invoice processing and payment, including capture, validation and approvals. – plus payments.

Three new suppliers have joined SolutionMap. Onventis now participates in AP Automation / I2P, E-Procurement and Procure-to-Pay, while Fraxion and Kissflow joins the E-Procurement category.

The set of E-Procurement, AP Automation / I2P and P2P customer references added 81 new individual customer references in the fall of 2021. The Q3 and Q4 2018 references expired after 2.5 years of use.

Get a first look at the fall 2021 SolutionMap quadrant comparison charts here.

SolutionMap Insider Members: Learn more about each vendor by accessing Vendor Rating Summary Reports here.

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