SOURCE: Nvoicepay

September 22, 2015 12:56 ET

Nvoicepay Named 2015 Innovate Award Winner by PayStream Advisors

Strategic Payment Provider Recognized for Eliminating Paper and Creating Bottom Line Savings

BEAVERTON, OR and SAN FRANCISCO, CA--(Marketwired - Sep 22, 2015) - Nvoicepay, the leader in strategic payment solutions for the enterprise, today announced that PayStream Advisors, a research and advisory firm, named Nvoicepay a winner of its annual 2015 Innovate Awards, recognizing innovative technology providers in the AP and P2P automation market. For the second year in a row, Nvoicepay's solution was named an Award winner for the innovations it has introduced to the enterprise payments market. Nvoicepay enables businesses to pay 100% of their invoices electronically. The company's strategic payment solutions go beyond bank products by combining the power of cloud technology with payment services.

"PayStream Advisors would like to recognize Nvoicepay for their Payment Solution. This product is remarkable for its flexible and simple design, which includes mobile approval and robust, dynamic vendor management capability," said Henry Ijams, Founder & Managing Director for PayStream Advisors. "Overall, Nvoicepay enables organizations to truly optimize each payment, eliminate paper and create bottom line savings. Congratulations to Nvoicepay, the winner of the PayStream Summit Excellence Award for Innovation in Electronic Payments."

Tana Law, SVP and Co-Founder of Nvoicepay, accepted the award and was a featured speaker at PayStream's 8th Annual Purchase-to-Pay Conference where she presented on the topic: "The Math of Adding Payment Automation." PayStream and the PayStream Advisory Board determines award winners by examining dynamic P2P solution providers as well as organizations that have deployed P2P solutions. Other recipients of the Innovate award include Coupa for Innovation in Travel & Expense Management, Lavante for Innovation in Supplier Information Management, Eli Lilly and Nike for excellence in deploying P2P solutions.

"We are once again honored to be recognized by the PayStream Advisory Board as the most innovative technology provider of electronic payments for the enterprise," said Karla Friede, CEO and co-founder of Nvoicepay. "Nvoicepay provides a quantum leap in efficiency for AP departments who can spend less time pushing paper and more time focused on strategic initiatives. As the leader in B2B payment solutions, Nvoicepay streamlines AP processes and dramatically reduces costs."

About Nvoicepay
Nvoicepay delivers strategic payments solutions to automate accounts payable. We enable customers to pay 100% of their invoices electronically, while realizing the financial benefits of payment optimization. By paying the right suppliers with the right payment type at the right time, our cloud based technology and vendor payment services help customers reduce costs, increase efficiencies and maximize card rebates, all with minimal effort. Nvoicepay transforms accounts payable departments from cost centers into strategic contributors. Learn more at www.nvoicepay.com and follow us on Twitter at @Nvoicepay.

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