Quadient Positioned as Leader in 2024 SPARK Matrix for Accounts Receivable Applications

Quadient (Euronext Paris: QDT) has been named a Technology Leader in the 2024 SPARK Matrix™ for Accounts Receivable Applications by Quadrant Knowledge Solutions. This marks the third consecutive year that Quadient has earned this recognition. The SPARK Matrix evaluates global market dynamics, trends, vendor landscapes, and competitive positioning.

Quadient's AR solution was acknowledged for its comprehensive functional capabilities, strong customer value, and technological excellence. The platform offers AI-generated, machine learning-enabled, OCR-based remittance-to-invoice matching, and robust support for payment mode migrations.

Companies using Quadient's AR solution processed nearly $40 billion in AR in 2023. Chris Hartigan, Chief Solution Officer at Quadient, noted that this recognition underscores their rapid progress and continued investment in innovation.