The Cost of Inaction in Accounts Payable

For many finance professionals, inefficient manual payments are negatively impacting business relationships and affecting the bottom line. In fact, PYMNTS.com reports that more than 80% of executives say they’ve lost business because of a payment process miscommunication.

Finance professionals must transform the way they are paying their suppliers, yet many are struggling to do so. To illuminate the most common problems with payment processes and bring to light the best ways to make lasting, measurable changes, we partnered with BlueWhale to interview more than 300 accounting and finance professionals in September 2024. During these discussions, BlueWhale asked executives about their current AP automation processes, the top priorities for their suppliers, as well as their biggest frustrations and challenges with their roles.

In this eBook, discover how these finance professionals responded, hear what plans they’re making for the future, and get actionable advice on improving your own payments processes. You’ll walk away knowing just how costly it can be to stick with the status quo of paper-based AP.

About BlueWhale

BlueWhale advances B2B conversation and engagement by combining the largest sources of business identities with the leading sources of predictive intent and groundbreaking intelligence. Our specialized IP provides effective data verification and delivery insulated by rigorous data protection and compliance. With a commitment to quality, transparency, and innovation that gets B2B revenue teams closer to the close, we have been at the forefront of improving all aspects of go-to-market for the most innovative companies worldwide.