The State of Accounts Payable Today
S ince March 2020, most sectors have been severely disrupted by the COVID-19 pandemic. Accounts payable (AP) teams have been hit by these changes just as much as any other industry or individual department. It seemed like the ideal time to take a snapshot of the industry to find out how the pandemic has affected finance teams, what the pain points and issues are and what the priorities for AP departments are in 2021.
We surveyed 600 employees working in AP in the US. Everyone who responded works full-time and is employed by a company that has more than 100 staff but fewer than 5,000. Of those who answered the survey, 61% were male and 39% female, and they had an average age of 38. Our respondents were taken from accounts payable departments, leadership teams or accounting.
In this Whitepaper you'll learn:
- How AP automation was a big contributor to success during the pandemic
- How automation is changing the game
- The top manual processes that harm productivity
Complete the form to download the white paper and take a proactive step towards AP excellence.
