Five Things We Learned About Accounts Payable in 2018
If we’ve learned anything in 2018, it’s that accounts payable is clearly going through a revolution. Forward-thinking executives now view accounts payable as a key way to gain a strategic edge in how they run their companies.
In this MineralTree topic paper we take a look at 5 Things We Learned About Accounts Payable in 2018, including:
- The increasing frequency of payments fraud
- The emergence of credit cards in the B2B payments space
- The continued disappearance of paper checks
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Businesses now face increasing fraud risk, creating significant challenges for accounts payable teams. Last year, 78% of businesses were negatively impacted by payments fraud and suffered from financial losses, reductions in efficiency, and damage to corporate brand image.View Whitepaper
The ‘Defining Modern Accounts Payable’ survey compiles responses from hundreds of account payable professionals across industries and seniority levels. The purpose of this report is to determine what constitutes a Modern AP Process and compare performance of Modern AP Processes to Non-modern AP Processes.View Whitepaper
While purchase orders provide greater visibility and control, they also create headaches for AP departments. AP automation is the key for purchase order to invoice matching.View Whitepaper