Levvel Research Announces Winners of 2018 Innovation Awards

CHARLOTTE, December 4, 2018—Levvel Research, formerly known as PayStream Advisors, is proud to announce the winners of its ninth annual Innovation Awards.

In this year’s selection process, Levvel Research judged leading software providers’ ability to meet organizations’ top back-office transformation goals using emerging technology. The team evaluated over 90 providers and used product demos, customer testimonials, and in-depth interviews to help identify the most innovative companies. Signs of innovation in a provider’s solution include the breadth of the solution’s features for back-office processes across Procure-to-Pay, Source-to-Settle, and travel and expense management respectively, and the visual quality and intuitiveness of the solution’s design. Levvel Research also honors providers that display a progressive, global focus and exciting product development goals.

“The main focus of this year’s awards was standing out in the marketplace. The winners were the providers that could address organizations’ top process pains and goals in unique ways using cutting-edge technology. We think the winners challenge their customers, and the marketplace as a whole, to think differently,” said Major Bottoms Jr, Research Manager at Levvel.

Congratulations to all of the 2018 Levvel Research Innovation Award winners:

• Xeeva - Innovative Procurement Technology of the Year
• LevaData - Innovative Sourcing Technology of the Year
• Icertis - Innovative Contract Management Technology of the Year
• Medius - Innovative Payables Technology of the Year
• Advataxes - Innovative Travel Technology of the Year
• Tradeshift - Innovative Payments Technology of the Year
• PrimeRevenue - Innovative Working Capital/Supply Chain Finance Technology of the Year
• Tesorio - Innovator to Watch of the Year

Levvel Research also identified a few more innovative providers that deserve recognition. These honorable mentions/runners-up are Procurify, GEP, Paramount WorkPlace, Esker, PayStand, HighRadius, and TargetCW.

About Levvel Research

Levvel Research is Levvel’s market research practice, developing high quality market research content focused on business strategy, technology, and process improvement. Levvel Research’s team of industry analysts and research experts leverage in-depth research methodologies to explore trends in technology areas that are relevant to you. Levvel’s research reports, white papers, webinars, and tools are available free of charge in the resource library at Levvel.io. Levvel Research is a division of Levvel, an IT consulting firm specializing in technology strategy, design, architecture, and DevOps.