The IDC MarketScape provides an assessment of the leading SaaS and cloud-enabled ERP accounts receivable and accounts payable software solutions and discusses what criteria are most important for companies to consider when selecting a system. This year, IDC has positioned SAP in the Leader category. SAP offers an Intelligent Enterprise application software platform with deep AR/AP functionality built in. SAP comprehensive receiable and payable offerings, fully integrated with SAP Ariba and SAP Concur solutions, make it stands out at Global Solution, Automation and Integrated Appraoch strengths.
"AR and AP workflows are quickly changing as part of digital transformation initiatives. ERP software vendors are leading the charge of digital transformation with new and innovative AR and AP features. As digital transformation continues to evolve within AR and AP functions, the importance of machine learning, big data analytics, and even blockchain will increase rapidly," said Kevin M. Permenter, senior research analyst, Enterprise Applications.