Research Report: 2016 State Of Commercial Credit Cards In Accounts Payable
Over 200 finance and AP professionals participated in this survey that explored the state of commercial credit cards in their business.
The use of corporate credit cards in AP should be an integral part of a business’s Cash Management strategy, but it is not. The objective of this research is to assess the current state of commercial credit card use in the Accounts Payable function and uncover reasons why more AP spend is not being moved to corporate cards.
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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
CFOs at mid-size businesses that strive to eliminate inefficient and tactical activities from everyday business processes—by elevating the activities of their accounts payable staff to the strategic level—can generate several key benefits for their companies.View Whitepaper