Parsippany, NJ ? The GETPAID® Corporation, the leading provider of software and services for working capital optimization, last month announced that analyst firm PayStream Advisors, has positioned GETPAID as the “Market Leader” in its recent research report “Receivables and Collections Management”.
“Companies today are looking to optimize working capital by addressing deficiencies in their order-to-cash cycle,” states Henry Ijams, managing director at PayStream Advisors. “The report offers an overview of the automation market as well as an evaluation of the primary drivers for companies seeking to streamline and improve their credit operations. As interest rates rise and companies continue to face mandates to reduce bad debt expense, PayStream’s analysts believe there will be an increased focus on receivables management.”
The PayStream report provides an objective assessment of eight providers of Receivables and Collections Management (RCM) solutions including 9ci, Aceva, Cforia, eCredit, Emagia, Imany, and Oracle. PayStream evaluated each organization on its market share, technology capabilities, and long-term vision, ultimately ranking GETPAID as the Market Leader. According to the report, GETPAID is outpacing competition in both traction and vision, demonstrating a proven ability to execute and clear direction to sustain a leadership position in the market.
“It’s an honor to be recognized by PayStream Advisors as a leader in our industry. We feel the results clearly reflect our accomplishments in meeting the growing needs of our customers and therefore ensuring their success is our success,” said Dianna Piumelli, GETPAID president and CEO. “We have spent considerable time listening to our customers and working closely with them to identify how to best manage key aspects of the order-to-cash cycle. Using GETPAID, Global 2000, SMB and Mid-Size organizations increase their productivity and overall financial performance, while realizing significant cost savings.”
