State of Accounts Payable Today
A study of 600 finance workers found that 76% of accounting teams, with automated AP, report increased productivity and less overtime. At the start of the pandemic, 63 % of finance professionals were forced to go to the office to complete manual tasks.
Invoice approval delays, document management and late vendor payments surfaced as the main AP challenges. This directly impacted the work-life balance of accountants, forcing many to work an extra 10 hours per week.
Download this research to find out:
- How 76 % of finance professionals have increased productivity and reduced overtime
- How to eliminate late payments for good
- How Beanworks improves approvals, payments and AP data access
- How to prevent vendor fraud and expense abuse that 60 % of businesses experienced this year
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