Technology

AP Automation head-to-head expertise analysis

head-to-head

Tipalti and Medius are two AP automation suppliers which might be a part of a sizzling pattern now.

Firms’ curiosity in automating and streamlining their accounts payable and fee processes has accelerated significantly throughout the Covid pandemic. This has led buyers to deal with B2B areas associated to those processes, particularly funds, and put their cash behind rising gamers within the sector. AP automation distributors have raised appreciable sums for market enlargement and growth during the last a number of years, with little signal of a slowdown.

Tipalti and Medius, given their worth proposition in AP automation and funds processing, have been the beneficiaries of this curiosity from buyers and prospects alike. Tipalti has raised $150 million at a $2 billion valuation through a venture-led route, whereas Medius has grown and expanded as a portfolio firm of Marlin Fairness companions, together with a 2019 merger with Wax Digital that introduced Medius into the source-to-pay class.

However past monetary backing and momentum, what differentiates these two AP automation suppliers, and the way can procurement and finance organizations decide which vendor is one of the best match to their distinctive enterprise necessities?

On this Spend Issues PRO/SolutionMap Insider head-to-head evaluation, we are going to use the suppliers’ participation in SolutionMap — our rigorous rating system that scores tons of of expertise capabilities and evaluates buyer suggestions on greater than 70 distributors — to check Medius and Tipalti. We additionally will add evaluation about their variations in order that any firm evaluating them for a brief checklist could make an knowledgeable determination.

Be part of us on this unfiltered SolutionMap evaluation from our Spring 2021 information replace.

Not but a PRO or SolutionMap Insider member? Click on for more information.

 Spend Issues’ head-to-head columns share the insights of every fall and spring SolutionMap replace. Subscribers to our PRO analyst content material and SolutionMap Insider content material can learn the head-to-head columns, which offer comparative cuts of SolutionMap benchmark information for 2 options. For every column, we offer comparisons towards the benchmarks, comparative scoring of distributors throughout dozens of practical necessities, and our analysts’ tackle how every answer holds up within the aggressive ring.

For full entry to this SolutionMap Premium content material:

 

Related posts

How is the inclusion motion faring?

admin

Horizon Investments Promotes Calvin DeBoer to Chief Know-how & Operations Officer

admin

Fort Value immersive know-how firm acquired in cope with $27M potential worth

admin