Press Release Distribution
 

Members Login  |  Register  |  Why Join?   Follow us on Google+Follow us on TwitterFind us on LinkedInFind Us on FacebookSubscribe to our RSS FeedsSubscribe to our YouTube ChannelFind us on RebelMouse

Video Releases    |    Pricing & Distribution Plans    |    Today's News    |    News By Category    |    News By Date    |    Business Directory
All Press Releases for January 28, 2014 »
RSS Feeds RSS Feed     Print this news Printer Friendly     Email this news Email It    Create PDF PDF Version   



Corcentric Featured in New PayStream Advisors Report on Electronic Invoice Management

New report looks at how innovations in cloud-based technology are allowing small and medium-sized businesses to afford e-invoicing.
 
x-small text small text medium text large text

    MCLEAN, VA, January 28, 2014 /24-7PressRelease/ -- Corcentric, a leading provider of Accounts Payable automation and electronic invoicing solutions, announced today that it has been featured in a newly released market research report from PayStream Advisors, tracking the growth in electronic invoicing among SME's.

The report, titled "Electronic Invoice Management: A Move to the Middle," asserts, based on survey results, that improved innovations in cloud-based technology are allowing small and medium-sized companies looking to eliminate paper invoice to enter this arena.

According to Henry Ijams, PayStream Advisors Managing Director, "The availability of affordable, easy-to-implement and use technology solutions is driving a renewed interest in AP automation for these smaller organizations."

Among the findings of this report:
- Over half of the survey respondents said that they are looking to implement e-invoicing in the coming year.
- Although the percent of supplier paper invoices has dropped from 59% to 52% from 2012 to 2013, in 2010, 77% of supplier invoices were paper-based.
- The use of e-invoice portals has jumped almost 40% in one year, from 22% in 2012 to 31% in 2013.
- In addition to e-invoicing, automated workflow and automated payment processing rank at the top of 2014 AP automation goals.

"What's clear from this report," said Rob DeVincent, Vice President of Product Marketing at Corcentric, "is that although the barriers to e-invoice adoption still exist, the trend is definitely moving in the right direction. Even more important, AP departments acknowledge that the adoption of e-invoicing is just one step in the progression from paper to full workflow automation."

Visit http://www.corcentric.com/resources/white-papers.aspx to download a complimentary copy of PayStream Advisors' Electronic Invoice Management Report.

About Corcentric
For more than 15 years, Corcentric's cloud-based financial process automation solutions have revolutionized how the world's largest organizations manage and protect their financial assets. By connecting best practices with deep expertise, Corcentric's ground-breaking Accounts Payable and Accounts Receivable automation solutions have enabled organizations to reduce costs, streamline processes, and provide unmatched visibility executives need to make critical business decisions.

Learn more at corcentric.com or call 888.525.7677.

Corcentric is a leader in financial process automation, specializing in Accounts Payable automation, PO requisitioning and imaging, and workflow solutions.



---
Press release service and press release distribution provided by http://www.24-7pressrelease.com


# # #

Read more Press Releases from Kate Freer:


Contact Information:
Kate Freer
Corcentric

McLean, Virginia
United States
Voice: 856.382.4713
E-Mail: Email us Here
Website: Visit Our Website
Disclaimer:
If you have any questions regarding information in this press release, please contact the person listed in the contact module of this page. Please do not attempt to contact 24-7PressRelease. We are unable to assist you with any information regarding this release. 24-7PressRelease disclaims any content contained in this press release. Please see our complete Terms of Service disclaimer for more information.