Accounts Payable Trends 2017: The Process and Technology of AP Invoice (ACAP)

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Accounts Payable Trends 2017: The Process and Technology of AP Invoice (ACAP)

Customer Rating

Field of Study

Accounting

Level

Basic

Credits

1

Qualifies For

CPE

Overview

With more and more manual business processes putting profitability and productivity at risk, the ways in which companies perform day-to-to-day operations is changing drastically. In the pursuit to cut operational costs and improve efficiency, technology is set to impact the accounts payable invoice process in new and dynamic ways. To better understand the market forces, developing trends and technologies companies are using in the AP invoice process today, Certify has surveyed more than 300 accounting professionals from outside its customer base to reveal the top accounts payable benchmarks and trends for 2017. In this presentation, you will learn what issues other companies like yours are facing in the AP invoice process, and what strategies and practices companies are using today to overcome common challenges.

Major Topics

  • Why 23% of companies are paying over $11 to process a single invoice
  • What the top 5 AP invoice pressures that companies are facing
  • Why 48% of companies take over 10 days to process a single invoice
  • What the top technologies are used in AP invoice processing
  • How 65% of companies are planning to switch to AP automation software

Learning Objectives

Coming soon

Designed For

Coming soon

Prerequisite

None

Advanced Preparation

None

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