The speed of innovation within the world of finance is accelerating, and new technologies and strategies are emerging that will make a big impact on the entire accounts payable (“AP”) industry. Leading AP teams have already begun to harness these new tools and ideas and are well on their way to becoming a more strategic business unit; in some cases, these leaders are already viewed as critical to business operations. Despite these successes, a larger group of AP departments still struggle with the basics. But, whether an AP department is at the leading edge or bringing up the rear, it is critical that it keep an eye on the future. Transforming an AP operation takes a commitment of time, energy, and resources, and Ardent Partners research shows that, if done well, it is a worthwhile investment that can deliver long-term advantages. The initial gains from an AP transformation can be significant but, once process efficiencies have been achieved, AP leaders must continue to find new ways to generate value. In 2019, AP leaders understand that they must ascend to a path that is paved with transformative, innovative, and effective strategies.

This report is a must-read for anyone working in or working with P2P. It contains a wealth of critical information on what is happening in the Procure-to-Pay realm including:

• The Current ‘State of Accounts Payable’
• Best-in-Class AP Performance
• Key Industry Trends and Benchmarks
• Strategies for Success

Download your copy of Ardent’s fourteenth annual State of AP Report today!

Tagged in: Accounts Payable, AP Automation, Ardent Partners Research, ePayables, P2P