Account Payables Report Card: Survey Findings
OCR no longer cuts it. Emerging technologies like Supplier Information Management and Process Automation are becoming the game changers in the world of Accounts Payable. Our research covering 178 Account Payables professionals in North America has found out that:
- 87% are not using supplier portals actively
- 84% are currently not leveraging e-Invoicing
- 62% are facing issues with supplier information management
- 65% are still relying on manual exception handling
- 33% are ready to go paperless.