Research Report: 2019 State of Accounts Payable
Research shows that accounts payable is now in the midst of a major transformation, and not all seniority levels that play a role in AP are viewing this transformation the same way. Within the 2019 State of Accounts Payable, we showcase the major trends taking place in AP, including:
- Shifts in how businesses are paying other businesses
- Movement toward automated processes throughout the invoice management lifecycle
- Escalation of fraud and its impacts across businesses of all sizes
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Finance professionals were surveyed on technology usage within the accounts payable function. This brief is a deep dive into the results.View Whitepaper
Inefficient processes and fraud within accounts payable can be a drain on a company’s time and money. On the other hand, AP can foster beneficial vendor relationships, improve accounting processes, increase cash flow and generate additional revenue. The difference lies in the priorities set by the AP team.View Whitepaper