Market Guide for Accounts Payable Invoice Automation Solutions
If you’re in the market for an accounts payable invoice automation (APIA) tool, this Gartner® report, courtesy of Medius, can help you figure out your best options.
The report states that, “Gartner forecasts that the spend on APIA and supplier e-invoicing software markets will more than double over the next five years. Such spend is forecast to grow to $1.9 billion through 2025, up from $850 million through 2020, at a CAGR of 16.6%.” 1
Medius is listed as a Representative Vendor based on our standalone APIA solution for new customers. We go beyond basic automation, utilizing artificial intelligence to do most of the work, so you can rest easy.
To learn more about the features APIA software provides, access the complimentary report here:
What you’ll find in the full report:
- Components of APIA, from Capture to Payments
- Common Artificial Intelligence/Machine Learning capabilities
- Customer needs based on business size and complexities
- Legal compliance and government regulation effects
- A complete list of APIA vendors
Download the complete report today.
1 Gartner, Market Guide for Accounts Payable Invoice Automation Solutions, By Micky Keck, Balaji Abbabatulla, 19 July 2021.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.