The 2018 State Of Accounts Payable Report
This year's survey results revealed the importance of establishing
a well-defined framework for handling and paying invoices and
to integrate AP with other processes. There is a need to educate
professionals regarding the benefits of automating AP, since many
businesses are aware of fraud risks but continue to use checks and
a paper-based system for processing and paying invoices. We also
identified credit cards as a largely underused payment method due
to internal policies or a lack of communication with vendors.
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