Quadient Positioned as Leader in 2024 SPARK Matrix for Accounts Receivable Applications for Third Consecutive Year
May 20 2024 - 2:30AM
Quadient Positioned as Leader in 2024 SPARK Matrix for Accounts
Receivable Applications for Third Consecutive Year
- Quadient AR
solution lauded for comprehensive functional capabilities, strong
customer value proposition and high ratings for customer impact and
technology excellence
Quadient (Euronext Paris: QDT),
a leader in helping businesses create meaningful customer
connections through digital and physical channels, today announced
that for the third year in a row it has been named a Technology
Leader in the 2024 SPARK Matrix™: Accounts Receivable Applications
by independent analyst firm Quadrant Knowledge Solutions. SPARK
Matrix reports provide detailed analysis of global market
dynamics, major trends, vendor landscapes and competitive
positioning.
Quadient offers an intelligent set of integrated
cloud solutions that automate critical business communications and
processes, save time, reduce costs and drive better customer
experiences. This innovative platform, which includes Quadient’s
accounts receivable (AR) automation and management solution, has
received numerous leadership rankings from independent analysts,
solidifying its market leadership position.
“Quadient distinguishes itself in the global
accounts receivable applications market by providing differentiated
offerings such as AI-generated, machine learning-enabled, optical
character recognition (OCR)-based remittance-to-invoice matching,
in and out support for payment mode migrations, and partnership
with a magnitude of payment providers for hassle-free
implementations of a full-fledged payment suite,” said Nehan Jain,
analyst at Quadrant Knowledge Solutions. “Quadient AR’s in-house
Digital Optimization Program, in collaboration with a variety of
payment providers, dedicatedly supports user clients' customers in
switching from paper-based payment methods to faster and secure
electronic methods, such as ACH1 and card payments.”
From credit to collections to cash application,
Quadient helps automate the order-to-cash cycle, delivering an
effortless experience that creates high-value customer interactions
and accelerates cash flow. Companies using Quadient AR processed
nearly $40 billion in AR in 2023.
“We are excited that, once again, Quadient has
been recognized in the SPARK Matrix: Accounts Receivable
Applications as a Technology Leader,” said Chris Hartigan, chief
solution officer, Intelligent Communication Automation, Quadient.
“Though a newer entrant in this space, we have rapidly advanced
into the leadership category, overtaking incumbents in the market.
This acknowledgement shows that our continued investment in
innovation is surpassing the industry’s pace, and that analysts and
customers support our vision for the future of AR.”
For a complimentary copy of the report, visit
https://www.quadient.com/en/resources/2024-spark-matrix-accounts-receivable-applications.
About Quadient
Quadient is the driving force behind the world’s
most meaningful customer experiences. By focusing on three key
solution areas, Intelligent Communication Automation, Parcel Locker
Solutions and Mail-Related Solutions, Quadient helps simplify the
connection between people and what matters. Quadient supports
hundreds of thousands of customers worldwide in their quest to
create relevant, personalized connections and achieve customer
experience excellence. Quadient is listed in compartment B of
Euronext Paris (QDT) and is part of the CAC® Mid & Small and
EnterNext® Tech 40 indices.
For more information about Quadient, visit www.quadient.com.
Contacts
Joe
Scolaro, Quadient
|
|
Sandy
Armstrong, Sterling Kilgore |
Global Press
Relations Manager |
|
VP of Media &
Communications |
+1
203-301-3673 |
|
+1-630-699-8979 |
j.scolaro@quadient.com |
|
sarmstrong@sterlingkilgore.com |
1 An electronic, bank-to-bank money transfer processed through
the Automated Clearing House (ACH) Network
- PR_SPARK Matrix AR 2024_EN
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Spark_matrix_accounts_receivable_applications_2024_Quadient
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