Published: 07 May 2024
Invoice-to-cash applications manage customer invoicing, collections, customer payments and cash applications in a single automated platform with predictive features. Corporate controllers can use this research to shortlist vendors by assessing their key capabilities.
Invoice to cash (I2C) applications allow organizations to create standard, automated and data-driven processes, which is useful to those with multiple ERP systems and teams throughout the world.
I2C applications are increasingly being sold to small and midsize organizations providing a platform that is better at engaging customers and encouraging them to pay invoices faster and more efficiently.
I2C application vendors are increasingly able to support clients in complying with changing regulations related to e-invoicing compliance and reporting.
I2C applications enable visibility and control over cash inflow to support cash forecasting.
Identify your organization’s current and future invoice-to-cash requirements before
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Gartner Critical Capabilities research complements Gartner Magic Quadrant™ analyses by offering deeper insights into products and services provided by multiple vendors in specific markets, focusing on how well each product meets detailed functional requirements rather than on the vendors’ overall market positioning.
For more information, see the FAQ on How Products and Services Are Evaluated in Gartner Critical Capabilities or visit the Gartner Critical Capabilities methodology page.
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