What the report reveals
The perceived strategic value of accounts payable (AP) is stronger than ever. More and more enterprise executives are realizing that through efficient invoice processing, proactive supplier engagement, and dynamic cash management, AP teams can support a company’s overall financial health. However, there are still challenges AP teams are facing in 2024 that are creating barriers to success.
Chapter One of The State of ePayables 2024: Money Never Sleeps explores the current state of AP, big trends that will impact AP this year (like artificial intelligence and staffing shortages), as well as the top obstacles in the AP industry.