The 2023 State of AP Report

Overview

Since the pandemic, uncertainty has rippled the economy. Market disruptions, inflation, and interest rates have challenged businesses across the globe. As a result, finance leaders are tasked with reducing expenses and driving efficiency across their organizations. AP, in particular, has become a key focus for boosting productivity. According to our Eighth Annual State of AP Report, digitizing accounts payable remained a top priority this year, as cash flow became more indispensable.

In this report, we surveyed 800+ finance professionals and over 200 of their vendors on the state of digital payments and end-to-end AP automation. Download our report to learn about:

  • The pressures AP teams are facing
  • The biggest pain points for suppliers
  • How payment data can help optimize cash flow
  • The benefits of AP automation in driving efficiency

Connect to 100s of ERPs with Minimal Integration Effort

MineralTree has the broadest ERP coverage across mid-market and enterprise. TotalAP supports direct, real-time integration with the world’s leading ERPs, along with the ability to integrate with hundreds of others.

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