The market for Accounts Payable Automation is experiencing rapid growth. This growth is propelled primarily by factors such as digital transformation of CFO office, a heightened emphasis on cutting costs and streamlining operations, and advancement in technologies like AI/ML. Looking ahead to 2024, it is important for finance and payment professionals to stay informed about the latest developments in AP invoice automation. Here are the key dynamics and trends to consider: 

Advanced AI/ML technologies to streamline workflows

Supplier relationship taking center stage 

Harnessing the power of Data Analytics

The shift to scalable cloud-based subscription

E-invoicing compliance is a key focus 

To learn more about the Accounts Payable trends shaping the industry in 2024, download the whitepaper now!