Tools

2019 Payables Insight Report by Levvel Research

Organizations are increasingly implementing accounts payable automation technology to replace costly and inefficient manual and paper based tasks. This comprehensive report from Levvel Research details the current trends in payables automation and how new cloud-based options are making AP automation affordable for businesses of all sizes. The report covers:

  • Current payables trends – Take a deep dive into the numbers as the report details how different size organizations approach AP automation and how they reap the benefits.
  • A comparison of automation tool types Discover the differences between homegrown, ERP-based, and cloud-based solutions and why more businesses are choosing cloud-based solutions.
  • Payables software features and functionality – Learn more about the five main components: invoice receipt, invoice workflow automation, electronic payments, reporting analytics, and supplier management.

Read the report to understand why 43% of organizations with automated departments are satisfied with their procure-to-pay process compared to only 9% of manual organizations.