Quadient Emerges as Leading Innovator in AP Automation Market

Quadient Recognized as a Leader in Accounts Payable Automation

Quadient (Euronext Paris: QDT), a pioneering global automation platform, has recently earned recognition as a Technology Leader in the highly regarded "SPARK Matrix: Accounts Payable Automation" report, produced by the independent analyst firm QKS Group. This achievement highlights Quadient's exceptional capabilities in enhancing accounts payable processes, solidifying its reputation in the financial technology landscape.

Significant Achievements in Financial Automation

Building on its achievements, Quadient also secured the position of a Technology Leader in the "2024 SPARK Matrix: Accounts Receivable (AR) Applications" report published earlier this year. This marks an impressive milestone, as it is the second consecutive year that Quadient has excelled in both the accounts payable and receivable sectors, underscoring the robustness of its digital automation solutions.

Comprehensive Automation Solutions

Quadient AP stands out by automating complete end-to-end accounts payable processes, making it an integral part of Quadient's comprehensive digital automation platform. This platform includes tools for financial automation and document handling, such as accounts receivable management, intelligent forms, and customer communications. This integration ensures that finance teams can operate efficiently and cohesively.

User-Centric Design and Functionality

According to Nehan Jain, an analyst from QKS Group, Quadient’s solution offers a suite of features designed to meet individual business needs. Key components like real-time dashboards, advanced reporting tools, and automated invoice management help in reducing manual input significantly. The system's intelligent design allows for easy implementation, ensuring compatibility with existing financial workflows and systems.

Transforming Financial Tasks

With AI-driven data entry capabilities, Quadient AP reduces the need for manual intervention by an impressive 83%. This efficiency translates into simplified handling of purchase orders, invoices, payments, and expenses—all managed through a central, user-friendly system. Thanks to the automated workflows implemented by Quadient AP, finance leaders can shift their focus to strategic decision-making rather than spending time on repetitive tasks.

Commitment to Innovation

Chris Hartigan, Quadient’s Chief Solution Officer for Digital Automation, expressed pride in the recognition from QKS Group. He views it as a testament to Quadient's growing market influence and a motivation to continue innovating within their digital automation platform. In addition to offering powerful procure-to-pay and invoice-to-cash solutions, Quadient is strategically positioned to assist businesses in adapting to new regulatory e-invoicing requirements emerging within the European Union.

About Quadient

Recognized for powering secure and sustainable connections among businesses, Quadient continues to assist organizations of varying sizes in their digital transformation journeys. Through their advanced solutions, Quadient provides significant operational efficiencies and cultivates enriching customer experiences. Quadient is listed on Euronext Paris (QDT) and is part of notable indices such as the CAC Mid & Small and EnterNext Tech 40, which further establishes its standing in the financial market.

Frequently Asked Questions

What is Quadient's primary business focus?

Quadient focuses on providing a global automation platform that enhances secure and sustainable business communications through digital and physical channels.

How has Quadient been recognized in the financial automation sector?

Quadient has been named a Technology Leader in the SPARK Matrix for both Accounts Payable and Accounts Receivable processes, showcasing their strength in financial automation.

What are the benefits of Quadient's automation solutions?

Its solutions significantly reduce manual processes, enhance operational efficiency, and provide users with timely data insights through advanced reporting features.

How does Quadient support businesses with compliance?

Quadient assists businesses in navigating new regulatory e-invoicing initiatives, particularly those required within the European Union, facilitating compliance through their technologies.

Where can I find more information about Quadient?

For additional insights into Quadient's offerings and innovations, please visit their official website.

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