2018 State of Accounts Payable Report
A Look at Current Accounts Payable Operations, Challenges, Visibility and Control
Accounts payable (AP) organisations invest hundreds of thousands of dollars in enterprise technology to improve the efficiency and accuracy of their operations. Yet even with these investments, AP operations are still plagued by challenges that lead to errors and delays across the procure-to-pay cycle.
To better understand the sources of these challenges and what invoice processing looks like today, Hyland surveyed 200 AP professionals from multiple industries across the United States. The results reveal that two attributes, visibility and control, can significantly affect AP performance.
Download the full report to learn:
- How well AP organisations currently operate
- The most common challenges facing AP organisations
- Why attributes like visibility and control are most valued in invoice processing