This just-released study by Institute of Financial Operations and ACOM shows that under 10%  of survey respondents report their operations as highly automated, and 29% reported that paper accounts for more than 90% of their invoices.

 

IFO_ACOM_ap_automation_survey_2014_125x85Download this latest IFO industry survey offering statistics, trends and challenges facing accounts payable and get answers to the following key questions:

  • How automated are AP departments?
  • Which technologies are seeing the highest adoption rates?
  • What are the costs to process paper versus electronic invoices?
  • What are companies’ top technology priorities for the coming year? Which obstacles do they anticipate facing?

 

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