According to Ardent Partners, great benefits can be achieved when Accounts Payable (AP) adopts new payment technologies. These are motivating more and more businesses to replace old-school manual processes with today’s solutions. Based on the experiences and perspectives of over 200 AP and financial pros, Ardent Partner’s research shows that e-payment is the tool best equipped to meet the goals of this group.
This chapter looks at a wide-range of technology solutions that automate and streamline all or part of the AP process. Read this chapter to learn…
- what top challenges AP is facing today
- which e-payables solutions are currently used and which will be used in the next 12 to 24 months
- why e-invoicing solutions are of interest to AP and how business networks facilitate supplier participation