BOSTON, MA--(Marketwire - November 4, 2009) -
Aberdeen
Group, a Harte-Hanks Company (
NYSE:
HHS), announced today the top
performing vendor rankings in its e-Payables AXIS™ Report. The report
provides a competitive intelligence perspective that allows organizations
insight into the technology providers that helped leading companies achieve
superior performance. The research showcases which vendors enabled client
success based on the value delivered and the ability of the vendor to
support and service its clientele. According to John Pearson, VP Products
and Technology for Aberdeen, "The 22-page vendor assessment is based on two
key dimensions: first, Aberdeen aggregated top performance of companies in
the target marketplace based on 990 primary surveys conducted typically
over the past eighteen months; and second, Aberdeen conducts a vendor
readiness assessment which includes evaluation of responses to a
standardized vendor questionnaire, analyst briefings, public records and
customer interviews."
Andrew Bartolini, Vice President Global Supply Management, Aberdeen and
Report Author, had this to say about the report, "In the midst of the
current global recession, finance and other enterprise executives have
intensified their focus on cost containment and the optimization of working
capital. The Accounts Payable (A/P) department is uniquely positioned to
support these objectives. Unfortunately, the average A/P department lacks
the automation, executive focus, and general business alignment needed to
effectively do so." Bartolini goes on to say, "While A/P automation offers
compelling transaction cost savings and other strategic benefits, only
one-third of all enterprises have any significant level of automation in
place."
According to Aberdeen's findings after evaluating over 40 e-Payables
vendors, the solution providers offering the best combined Value Delivered
and Market Readiness scores include: Kofax, Ariba, Bottomline
Technologies, and U.S. Bank PowerTrack.
Aberdeen Group's President Andrew Boyd reports that AXIS™ was developed
in response to requests from Aberdeen's 2.5+ million business readers
spanning 40 countries, including representation from 90% of the Fortune
1000. "Aberdeen's mission is clear as we take yet another step to educate
businesses to action by providing them with relevant and timely information
to make more informed decisions, understand efficient and effective ways of
accomplishing a task, and maximize their ability to gain competitive
ground," according to Boyd. "With AXIS™, Aberdeen provides a competitive
intelligence perspective that allows organizations to understand their
peers' experience with various service and product providers, and to
determine which are best positioned to help them achieve their goals."
According to Lauren McCollem, Director of Marketing for Dimensional
Insight, "The approach that Aberdeen has taken here is truly unique and
exceptionally valuable to the marketplace." With this new research in
hand, technology solution providers will be able to refresh their product
roadmaps to reflect market successes and business user demands, and educate
their market on how solutions impact customers' business results.
To obtain a copy of e-Payables AXIS™ Report visit:
http://axis.aberdeen.com/index.php/Global-Supply-Management/vendor-rankings-research-e-payablesaxis.html
About Aberdeen Group, a Harte-Hanks Company
Aberdeen provides fact-based research and market intelligence that delivers
demonstrable results. Having queried more than 30,000 companies in the
past two years, Aberdeen is positioned to educate users to action: driving
market awareness, creating demand, enabling sales, and delivering
meaningful return-on-investment analysis. As the trusted advisor to the
global technology markets, corporations turn to Aberdeen™ for insights that
drive decisions.
As a Harte-Hanks Company, Aberdeen plays a key role of putting content in
context for the global direct and targeted marketing company. Aberdeen's
analytical and independent view of the "customer optimization" process of
Harte-Hanks (Information - Opportunity - Insight - Engagement -
Interaction) extends the client value and accentuates the strategic role
Harte-Hanks brings to the market. For additional information, visit
Aberdeen or call (617) 723-7890, or to
learn more about
Harte-Hanks,
call (800) 456-9748.
© 2009 Aberdeen Group, Inc., a Harte-Hanks Company
451 D Street, Suite 710
Boston, Massachusetts 02210-1928
Telephone: (617) 854-5200
Fax: (617) 723-7897
www.aberdeen.com
Contact Information: Media Contact:
John Pearson
Aberdeen Harte-Hanks
(617) 854-5301
john.pearson@aberdeen.com