ACCOUNTS PAYABLE AUTOMATION: The multitrillion-dollar accounts payable market is finally digitizing — here’s how payments providers can grab a piece of it
|08/15/2019||Posted by BusinessMediaguide.Com under General World News||
- This is a preview of the Accounts Payable Automation research report from Business Insider Intelligence.
- Purchase this report.
- Business Insider Intelligence offers even more consumer coverage with Payments & Commerce Pro. Subscribe today to receive industry-changing payments and commerce news and analysis to your inbox.
The $22 trillion business-to-business (B2B) US payments market is facing a paradox. High invoice volume (a business can see anywhere from hundreds to tens of thousands of invoices per month) and small departments that still use largely analog process are driving a desire to digitize: Enterprises using digital payables platforms can see 81% lower processing read more >>>