About This Report
The ‘Defining Modern Accounts Payable’ survey compiles responses from hundreds of account payable professionals across industries and seniority levels. The purpose of this report is to determine what constitutes a Modern AP Process and compare performance of Modern AP Processes to Non-modern AP Processes.
Our conclusions include:
- The core characteristics of Modern AP Processes are automation and value-added initiatives outside of AP
- Modern AP Processes operate at higher efficiency levels than Non-Modern AP Processes, giving organizations the ability to dedicate more resources to value-added activities.