Accounts payable automation: Insights for 2023
The pandemic accelerated digitization in financial operations. Automating a few accounts payable (AP) processes was part of this trend. However, complete cloud-based workflow automation of the AP function is still gathering momentum. Is cloud migration of AP systems worth the effort and expense involved? This PoV provides key insights into accounts payable automation, its benefits and challenges, and upcoming trends for 2023 and beyond.