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WMD Group GmbH
Ahrensburg, Germany
A
1-10 Employees
-
Key takeaway
The company specializes in providing standardized digital solutions for document-based processes, emphasizing their commitment to simplifying and accelerating workflows, which is directly relevant to accounts payable automation.
Reference
Core business
The Future of Accounts Payable Invoice Automation
Hypatos
Berlin, Germany
A
11-50 Employees
2018
Key takeaway
Hypatos offers end-to-end accounts payable automation solutions that enhance accuracy and efficiency by automating data capture, tax compliance, and accounting processes. Their platform enables organizations to save costs and increase compliance, making it a valuable resource for those looking to streamline their AP operations.
Reference
Product
AP hyperautomation: Save costs & increase compliance
Global leaders in manufaturing, retail & other industries rely on Hypatos to automate accounts payable in an end-to-end manner automating data capture, tax compliance, master data lookup & accounting automation
Serrala
Hamburg, Germany
A
251-500 Employees
1984
Key takeaway
Serrala is a leading financial automation and B2B payments software company that specializes in accounts payable (AP) automation, offering an integrated portfolio designed to streamline AP payments and related processes. Their Serrala Invoice to Pay solution has been recognized as a top system in the category, highlighting its effectiveness in enhancing AP efficiency for enterprises.
Reference
Core business
Automating Finance - AP automation, Cash Application and Payments
Serrala is a global financial automation and B2B payments software company creating more secure payment capabilities for enterprises of all sizes
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Another Monday
Cologne, Germany
A
101-250 Employees
2005
Key takeaway
Hyland offers AP automation software solutions that can help organizations streamline their accounts payable processes, ultimately increasing productivity and enhancing customer experiences. Their commitment to integrating content, data, and processes positions them as a key player in optimizing technology investments for better operational efficiency.
Reference
Product
AP Automation Software | Solutions | Hyland
www.noa.tech
Munich, Germany
A
1-10 Employees
2023
Key takeaway
NOA emphasizes the importance of an "Automation First" culture for operational efficiency and scalability. They specialize in transforming operations through tailored, low-code automation solutions, which can significantly enhance accounts payable processes.
Reference
Service
Business Process Automation
Managing invoices doesn’t have to be a time-consuming task. NOA’s 1-Click Invoice Management Solution enhances the capabilities of your accounting tool and streamlines the entire process, letting you handle invoicing, tracking, and reminders with ease. By connecting your bookkeeping and accounting system (e.g., Candis), your bank account, and your email program (e.g., Outlook or Gmail), this system starts where the native capabilities of these systems hit their limits. Due to the clever integration of Make.com, this system automates invoice creation, converts them to PDFs, and sends them directly to clients. But it doesn't stop there; it also tracks payments, sends reminders for overdue invoices, and keeps your accounting system up-to-date for seamless record-keeping. The result? A faster, error-free workflow that lets your team focus on what matters most.
AMP Invoice Management
Neu-Isenburg, Germany
A
11-50 Employees
-
Key takeaway
The company's AMP Invoice Management solution offers SAP accounts payable automation that significantly reduces invoice handling costs and accelerates the invoice processing cycle by capturing all SAP invoice data electronically.
Reference
Product
SAP Accounts Payable Automation | AMP Invoice Management
SAP Accounts Payable Automation allows you to capture all your SAP invoice data electronically, accelerating the invoice processing cycle.
LPA Lucht Probst Associates
Frankfurt, Germany
A
251-500 Employees
1999
Key takeaway
LPA specializes in providing document and workflow automation technology for financial institutions, which is crucial for streamlining accounts payable processes. Their focus on integrating software, automation, and emerging technologies helps transform clients' financial operations, making them more efficient and competitive in the capital markets.
Reference
Product
Issuance Automation - LPA
CANDIS
Berlin, Germany
A
101-250 Employees
-
Key takeaway
Candis offers a cloud solution that automates invoice processing, ensuring all invoices are easily accessible and efficiently managed. With features like automated invoice receipt and data capture, it streamlines approvals and minimizes the risk of double payments.
Reference
Product
Automated invoice receipt
All invoices in one place. Automatic data capture and reliable duplicate checks minimise effort and avoid double payments.
Advanced Applications
Rottweil, Germany
A
101-250 Employees
2002
Key takeaway
Advanced Applications GmbH specializes in digitalization for manufacturing companies, offering innovative solutions that enhance procurement processes. Their expertise in the Purchase to Pay cycle indicates a strong focus on streamlining accounts payable through advanced digital solutions.
Reference
Product
Purchase to Pay - Advanced Applications GmbH
Beschaffung, Bestellung, Freigabe, verkürzte Durchlaufzeiten – Advanced Applications bietet passende Lösungen für Ihre digitalen Beschaffungsprozesse.
getpaid
Dusseldorf, Germany
A
11-50 Employees
2022
Key takeaway
GetPaid offers a comprehensive payments and operations solution that streamlines accounts payable processes for B2B marketplaces, wholesalers, and SaaS platforms. With features like customizable money flows, digital financing options, and automated reconciliation, businesses can enhance their payment operations and improve cash flow management.
Reference
Core business
Payments for B2B Marketplaces, Wholesalers, SaaS
Payments infrastructure for B2B marketplaces, wholesalers and SaaS platforms. B2B checkout to process all B2B transactions online & offline | payout instantly | automate complex money flows, end-to-end reconciliation.
Technologies which have been searched by others and may be interesting for you:
When exploring the Accounts Payable Automation industry in Germany, several key considerations emerge. First, understanding the regulatory environment is crucial, as Germany has stringent financial regulations and data protection laws, notably the General Data Protection Regulation (GDPR), which impacts how companies handle financial data. Additionally, the industry faces challenges such as integration with existing ERP systems and resistance to change from traditional processes. Opportunities abound, particularly as businesses increasingly seek efficiency and cost reduction, driving demand for automation solutions. Environmental concerns related to paper usage and sustainability practices are also gaining traction, prompting companies to adopt greener technologies. The competitive landscape is dynamic, with numerous local and international players vying for market share. This competition encourages innovation and the development of tailored solutions for various industries. Furthermore, Germany's position as a major European economy enhances its relevance in the global market, attracting investments and fostering collaborations. Prospective investors or partners should also consider the technological advancements in artificial intelligence and machine learning, which are shaping the future of accounts payable automation, making it vital to stay informed about these trends.
Some interesting numbers and facts about your company results for Accounts Payable Automation
| Country with most fitting companies | Germany |
| Amount of fitting manufacturers | 377 |
| Amount of suitable service providers | 303 |
| Average amount of employees | 101-250 |
| Oldest suiting company | 1984 |
| Youngest suiting company | 2023 |
Some interesting questions that has been asked about the results you have just received for Accounts Payable Automation
What are related technologies to Accounts Payable Automation?
Based on our calculations related technologies to Accounts Payable Automation are Big Data, E-Health, Retail Tech, Artificial Intelligence & Machine Learning, E-Commerce
Who are Start-Ups in the field of Accounts Payable Automation?
Start-Ups who are working in Accounts Payable Automation are www.noa.tech, getpaid
Which industries are mostly working on Accounts Payable Automation?
The most represented industries which are working in Accounts Payable Automation are IT, Software and Services, Other, Finance and Insurance, Consulting, Automation
How does ensun find these Accounts Payable Automation Companies?
ensun uses an advanced search and ranking system capable of sifting through millions of companies and hundreds of millions of products and services to identify suitable matches. This is achieved by leveraging cutting-edge technologies, including Artificial Intelligence.
