The IDC MarketScape notes that today's financial applications are being pushed to provide more than a system of record for transactions and events. Companies need technology to support evolving business models, shifting regulations, converging workflows, and the emergence of digital businesses.

The IDC MarketScape has evaluated eleven cloud-based AP vendors in the market using a set of criteria, including product functionality, range of services, customer satisfaction, innovation, and growth.

Medius is proud to be a Worldwide Leader in the IDC MarketScape report. Download the report excerpt to learn more about IDC MarketScape’s guidance for mid-market businesses looking for an AP solution.

Download the report excerpt to learn IDC MarketScape’s view on:

  • The challenges facing AP professionals of today
  • Major AP trends in 2021
  • Why Medius is positioned a ‘Leader’ in the latest IDC MarketScape report

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IDC MarketScape AP Automation 

 

SOURCE: IDC MarketScape: Worldwide SaaS and Cloud-Enabled Accounts Payable Automation Applications for Midmarket 2020–2021 Vendor Assessment, by Kevin Permenter, December 2020, IDC #US47032620e

IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the icons.