Chapter Two of Ardent Partners’ The State of ePayables 2019
Technology has the ability to transform most business functions, including accounts payable (AP), from average to advanced. Innovations in the ePayables marketplace now are paving a path for the future of the AP function and present new opportunities for AP teams to optimize their overall capabilities.
Chapter Two, The State of ePayables, reveals the forward-looking technologies that enterprises are already or plan on leveraging to transform their AP processes. According to the report, smarter systems can translate to:
- Next-level automation of the traditional components of AP.
- Near-complete eradication of menial and tactical tasks (which is also itself (49%) a gateway towards future AP success).
- “Touchless” and holistic (aka “straight-through processing”) invoice and payment management.
- And much more!
Is your company aware of the advanced solutions that can transform the AP function? Be prepared for the Age of Intelligence and download this chapter now.