Emburse highlighted as a Leader for global enterprise AP solutions and as a Major Player for mid-market AP solutions
Emburse, a global leader in expense management and accounts payable automation solutions, announces that it has been recognized as a Leader in the MarketScape for Worldwide SaaS and Cloud-enabled Enterprise Accounts Payable Automation Software 2020-2021 Vendor Assessment (doc #US47032520 Dec 2020). Additionally, Emburse has been named a Major Player in the IDC MarketScape for Worldwide SaaS and Cloud-enabled Midmarket Accounts Payable Automation Software 2020-2021 Vendor Assessment (doc #US47032620 Dec 2020).
Read More: Stablecorp Launches QCAD Stablecoin on Algorand Blockchain
@Emburse has been highlighted as a Leader for global enterprise AP solutions and as a Major Player for mid-market AP solutions in the IDC MarketScape, for its @chromeriver and @certify solutions
- Emburse was positioned as a Leader in SaaS and Cloud-Enabled Enterprise Accounts Payable Automation Software for large enterprise deployments, based on a thorough review of the solution’s technology capabilities, product features, and professional services. IDC analysts also spoke with a number of Emburse Chrome River customers as part of the assessment process. The IDC MarketScape noted that Chrome River Invoice “can serve companies operating in very complex environments,” and that its functionality “is suitable for multi-national organizations, multi-entity, multiple general ledgers, and multi-language companies.”
- Emburse was recognized as a Major Player in the Midmarket Accounts Payable Automation Software Assessment. Certify AP was noted for its “dynamic approach to scalability with resources available based on transaction volumes,” and its “deep reporting functionality, including a complete analytics suite.”
“We expect considerable growth in the accounts payable automation market as more and more organizations implement digital transformation initiatives across their finance departments,” said Kevin Permenter, research manager at IDC. “Emburse’s Chrome River product is well known within the travel and expense market and Emburse was recognized as a Leader in the 2019 IDC MarketScape: Worldwide SaaS and Cloud-Enabled Enterprise Travel and Expense Management Applications. Now that its Invoice solution has similarly been positioned as a Leader in this year’s IDC MarketScape for Accounts Payable Automation, we believe that large or international firms with complex expense and AP management requirements should certainly consider the solution.”
Read More: Temenos Wins Business Culture Award for its Response and Support for Banks during Covid-19
