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FIS Named a Leader in IDC MarketScape for Accounts Receivable Enterprise Automation Applications

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FIS (NYSE: FIS) has been named a Leader in the IDC MarketScape: Worldwide Accounts Receivable Automation Applications for the Enterprise 2024 Vendor Assessment. The recognition highlights FIS's GETPAID™ solution, which offers comprehensive accounts receivable automation with AI-powered features.

The IDC MarketScape report praised GETPAID's robust functionality and intelligent processes across the entire AR process. FIS, established in 1968, was recognized for its experienced team averaging 15+ years of expertise and its global presence. The company was also named as a Major Player in the IDC MarketScape: Worldwide Accounts Payable Automation Software for Large Enterprise 2024.

The company's Automated Finance suite aims to help corporate finance teams streamline operations, reduce manual inefficiencies, and improve visibility across the money lifecycle through automation and innovative technology.

FIS (NYSE: FIS) è stata nominata Leader nel IDC MarketScape: Valutazione dei Fornitori di Applicazioni per l'Automazione delle Contabilità da Ricevere a Livello Mondiale 2024. Questo riconoscimento mette in evidenza la soluzione GETPAID™ di FIS, che offre un'automazione completa delle contabilità da ricevere con funzionalità potenziate dall'IA.

Il rapporto IDC MarketScape ha lodato la robustezza delle funzionalità di GETPAID e i processi intelligenti lungo l'intero processo AR. FIS, fondata nel 1968, è stata riconosciuta per il suo team esperto con una media di oltre 15 anni di esperienza e la sua presenza globale. L'azienda è stata anche nominata Giocatore Principale nel IDC MarketScape: Software per l'Automazione delle Contabilità da Pagare per Grandi Imprese 2024.

La suite Automated Finance dell'azienda mira ad aiutare i team finanziari aziendali a semplificare le operazioni, ridurre le inefficienze manuali e migliorare la visibilità lungo il ciclo di vita del denaro attraverso l'automazione e la tecnologia innovativa.

FIS (NYSE: FIS) ha sido nombrada Líder en el IDC MarketScape: Evaluación de Proveedores de Aplicaciones de Automatización de Cuentas por Cobrar a Nivel Mundial 2024. Este reconocimiento resalta la solución GETPAID™ de FIS, que ofrece una automatización integral de cuentas por cobrar con características impulsadas por IA.

El informe de IDC MarketScape elogió la robustez de las funcionalidades de GETPAID y los procesos inteligentes a lo largo de todo el proceso de cuentas por cobrar. FIS, establecida en 1968, fue reconocida por su equipo experimentado con una media de más de 15 años de experiencia y su presencia global. La empresa también fue nombrada Jugador Principal en el IDC MarketScape: Software de Automatización de Cuentas por Pagar para Grandes Empresas 2024.

La suite Automated Finance de la empresa tiene como objetivo ayudar a los equipos financieros corporativos a optimizar las operaciones, reducir ineficiencias manuales y mejorar la visibilidad a lo largo del ciclo de vida del dinero a través de la automatización y la tecnología innovadora.

FIS (NYSE: FIS)는 IDC MarketScape: 2024년 대기업을 위한 전 세계 수금 자동화 애플리케이션 공급업체 평가에서 리더로 선정되었습니다. 이 인정은 AI 기반 기능을 갖춘 포괄적인 수금 자동화 솔루션인 FIS의 GETPAID™ 솔루션을 강조합니다.

IDC MarketScape 보고서는 GETPAID의 강력한 기능과 전체 AR 프로세스에 걸친 지능형 프로세스를 칭찬했습니다. 1968년에 설립된 FIS는 평균 15년 이상의 경험을 가진 숙련된 팀과 글로벌 존재로 인정받았습니다. 이 회사는 2024년 대기업을 위한 전 세계 지불 자동화 소프트웨어에서 주요 플레이어로도 선정되었습니다.

회사의 Automated Finance 스위트는 기업 재무 팀이 운영을 간소화하고 수동 비효율성을 줄이며 자동화 및 혁신적인 기술을 통해 자금 생애 주기 전반에 걸쳐 가시성을 개선하는 데 도움을 주는 것을 목표로 합니다.

FIS (NYSE: FIS) a été désignée Leader dans le IDC MarketScape : Évaluation des fournisseurs d'applications d'automatisation des comptes clients à l'échelle mondiale 2024. Cette reconnaissance met en avant la solution GETPAID™ de FIS, qui offre une automatisation complète des comptes clients avec des fonctionnalités alimentées par l'IA.

Le rapport IDC MarketScape a salué la robustesse des fonctionnalités de GETPAID et les processus intelligents tout au long du processus AR. FIS, fondée en 1968, a été reconnue pour son équipe expérimentée ayant en moyenne plus de 15 ans d'expertise et sa présence mondiale. L'entreprise a également été nommée Acteur Principal dans l'IDC MarketScape : Logiciel d'automatisation des comptes fournisseurs pour grandes entreprises 2024.

La suite Automated Finance de l'entreprise vise à aider les équipes financières des entreprises à rationaliser leurs opérations, réduire les inefficacités manuelles et améliorer la visibilité tout au long du cycle de vie de l'argent grâce à l'automatisation et à des technologies innovantes.

FIS (NYSE: FIS) wurde als Führer im IDC MarketScape: Weltweite Bewertung von Anbietern von Automatisierungsanwendungen für Forderungsmanagement 2024 ausgezeichnet. Diese Anerkennung hebt die GETPAID™-Lösung von FIS hervor, die umfassende Automatisierung im Forderungsmanagement mit KI-gestützten Funktionen bietet.

Der IDC MarketScape-Bericht lobte die robuste Funktionalität von GETPAID und die intelligenten Prozesse über den gesamten AR-Prozess hinweg. FIS, 1968 gegründet, wurde für sein erfahrenes Team mit durchschnittlich über 15 Jahren Expertise und seine globale Präsenz anerkannt. Das Unternehmen wurde auch als Hauptakteur im IDC MarketScape: Weltweite Software für die Automatisierung von Verbindlichkeiten für große Unternehmen 2024 ausgezeichnet.

Die Automated Finance Suite des Unternehmens zielt darauf ab, Unternehmensfinanzteams dabei zu unterstützen, die Abläufe zu optimieren, manuelle Ineffizienzen zu reduzieren und die Sichtbarkeit im gesamten Geldlebenszyklus durch Automatisierung und innovative Technologie zu verbessern.

Positive
  • Recognition as Leader in IDC MarketScape for AR Automation Applications
  • Additional recognition as Major Player in AP Automation Software assessment
  • Strong market position with experienced team averaging 15+ years expertise
Negative
  • None.

Key Facts

  • FIS was named to the Leader’s Category by IDC MarketScape for its depth of functionality and tenure in the market, with the report noting FIS’ robust functionality across the entire accounts receivables (AR) process.
  • This recognition comes on the heels of FIS’ significant investments in solutions for AR processes, which can help corporate finance teams unlock harmony and reduce friction in the money lifecycle.
  • FIS was also named as a Major Player in the IDC MarketScape: Worldwide Accounts Payable Automation Software for Large Enterprise 2024 Vendor Assessment.

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- FIS® (NYSE: FIS), a global leader in financial technology, has announced today that it was named as a Leader in IDC MarketScape: Worldwide Accounts Receivable Automation Applications for the Enterprise 2024 Vendor Assessment1. The company serves this market through its award-winning Automated Finance suite of solutions, including the GETPAID™ product, an integrated web-based accounts receivable software. The GETPAID solution can serve the office of the CFO by streamlining financial processes, reducing friction and improving the efficiency of corporate finance operations throughout the money lifecycle.

IDC MarketScape report noted, “[The] GETPAID [solution] offers robust functionality across the entire AR process with impressive AI-powered features to enhance productivity and provide more actionable insights. Automation and intelligent processes are integrated throughout to further improve the experience.”

For inclusion in the report, vendors must meet stringent criteria on cloud-enablement, diversified offerings, multinational presence, revenue minimums and more. The IDC MarketScape report noted, “FIS is an experienced player in the AR market, established in 1968, and works with various companies all over the world. With professional services, product, and implementation teams staffed with tenured experts averaging 15+ years of experience in their respective fields, FIS is well positioned to help customers face specific challenges.”

“It’s an honor for FIS to be recognized by IDC MarketScape,” said Seamus Smith, EVP & group president of Automated Finance at FIS. “Manual inefficiencies, data errors, limited visibility and high-stakes security issues continue to cause pressure for today’s CFOs and their corporate finance teams. We believe this report validates our investments and capabilities in employing automation to help solve for these issues in efficient and cost-effective ways, and I congratulate the team on this well-deserved recognition.”

FIS’ Automated Finance suite of solutions represents a standout example of how the company seeks to leverage modern technology to unlock harmony and efficiency across the entire money lifecycle. This comprehensive product suite delivers receivables automation, payables automation and revenue optimization solutions that can help upgrade corporate finance teams from manual, error-prone processes by seeking to provide them with visibility, insights and innovation that can maximize revenue, strengthen customer relationships and transform business operations.

“We’re happy to recognize FIS in this IDC MarketScape report,” said Kevin Permenter, research director of Financial Applications at IDC. “FIS was recognized for its automation capabilities and long-established history in the automated finance space and was placed in the Leaders Category, as well. We look forward to seeing how FIS continues to evolve the product and drive innovation in the automated finance space.”

FIS has additionally been named as a Major Player in the IDC MarketScape: Worldwide Accounts Payable Automation Software for Large Enterprise 2024 Vendor Assessment report. The report advises technology buyers on AP applications that align with digital enterprise needs, emphasizing the importance of user experience, integration capabilities and strategic vendor selection to enhance financial management practices.

For an excerpt of the IDC MarketScape: Worldwide Accounts Receivable Automation Applications for the Enterprise 2024 Vendor Assessment, download it here.

About FIS

FIS is a financial technology company providing solutions to financial institutions, businesses and developers. We unlock financial technology to the world across the money lifecycle underpinning the world’s financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor’s 500® Index. To learn more, visit fisglobal.com. Follow FIS on LinkedIn, Facebook and X.

About IDC MarketScape

The IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

1 Doc #: US51740924, December 2024

Kim Snider, 904.438.6278

Senior Vice President

FIS Global Marketing and Communications

kim.snider@fisglobal.com

Source: Fidelity National Information Services

FAQ

What recognition did FIS receive in the 2024 IDC MarketScape assessment?

FIS was named a Leader in IDC MarketScape: Worldwide Accounts Receivable Automation Applications for the Enterprise 2024 Vendor Assessment and a Major Player in Accounts Payable Automation Software for Large Enterprise 2024.

What is FIS GETPAID solution and what features does it offer?

GETPAID is an integrated web-based accounts receivable software that offers AI-powered features, automation capabilities, and intelligent processes to enhance productivity and provide actionable insights across the entire AR process.

How long has FIS been operating in the AR market?

FIS was established in 1968 and has been serving the AR market with professional services, product, and implementation teams staffed with experts averaging over 15 years of experience.

What business challenges does FIS's Automated Finance suite address?

The suite addresses manual inefficiencies, data errors, visibility, and security issues by providing receivables automation, payables automation, and revenue optimization solutions to help transform business operations.

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