Javelin Advisory Services’ 2024 Commercial ePayables Scorecard

In its inaugural Commercial ePayables Scorecard, Javelin Strategy & Research awarded Bottomline the top spot with a comprehensive solution that scored highly in all categories of the evaluation, including supplier enablement, cross border payment capabilities, infrastructure and architecture, and ledger and back-office integration. Bottomline’s solution was evaluated against ePayables providers BillGo, Corpay, Galileo, Highnote, Paymentus, Ramp, and Stampli.

Javelin also recognized Bottomline’s supplier enablement efforts because of our comprehensive, strategic approach to campaign management and servicing. Our enrollment campaigns are designed to maximize supplier participation and satisfaction by promoting virtual cards and Premium ACH, which offer suppliers accelerated payment terms. Our team provides suppliers with excellent onboarding and post-enrollment support, making sure they know how to process any outstanding payments and have 24/7 support for payment-related inquiries.

Our robust compliance controls were also highlighted by Javelin. With our focus on secure delivery methods, such as transport layer security for email remittance, both payers’ and suppliers’ critical financial data remains protected. Additionally, Bottomline and Paymode support scalability and flexibility for businesses of all sizes, integrating effortlessly with payers’ existing ERP systems to enhance cash management, invoice matching, and supplier communication.

For these reasons and more outlined in the report, Javelin considers Bottomline and Paymode essential tools for businesses seeking to optimize their ePayables program. Get your copy of their 2024 report for guidance in assessing Bottomline as your ePayables partner. You’ll also get a clear understanding of the advantages of implementing ePayables in your own organization, namely automating and streamlining the entire accounts payable process. With this level of automation, manual tasks such as data entry, check printing, and mailing are eliminated. These solutions also help standardize payment processes, which ensures that all payments are handled consistently and in compliance with company policies.