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IDC InfoBrief – Digitizing Accounts Payable and Receivable Boost Efficiency and Enable Growth

Accounts payable (AP) and accounts receivable (AR) are fundamental to the operation of any business; they are the backbone through which money flows through the company. Yet according to IDC research, many businesses still rely on manually entering invoice data, resulting in errors, delays, and cash flow problems.

IDC digitizing accounts payable receivable to boost efficiency enable growth report

IDC recently surveyed 586 companies, including business owners and finance individuals involved in AP and AR processes, invoicing, and payment activities. The research investigated the pain points within these processes, the root cause of these pain points, and the solutions sought by organizations.

Download this InfoBrief to explore IDC's findings and see how AP and AR automation can boost your efficiency and enable growth. You'll learn why finance managers are seeking solutions like AP automation to help deliver a continuous integrated workflow that reduces errors and cost.

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