Find Out What Makes an AP Department Best-in-Class and How Yours Compares
In this 19th annual State of ePayables report from Ardent Partners, discover the strategies and tactics AP, Finance, and P2P leaders are using to drive their organizations forward. Plus, get intel on their plans and priorities for 2024, a year they rank as more challenging than the one before.
You'll walk away with actionable ways to benchmark your organization against Best-in-Class AP teams, plus get analysis and recommendations you can use to improve your operations and performance.
Learn how Best-in-Class AP leaders who consistently leverage innovative technologies and ideas are enjoying significant time and cost savings like:
- 82% faster invoice processing time (3.1 days vs. 17.4 days to process a single invoice)
- 78% lower invoice processing cost ($2.78 vs. $12.88 to process a single invoice)
- 50% less time and resources responding to suppliers (13.4% vs. 26.9% staff time spent managing supplier inquiries)
You'll also learn more about the transformational impact of AI on accounts payable, and how it's impacting fraud and compliance management, invoice exception handling, supplier management, and more.
