Guides & Research Reports
23rd Mar 2023

High-volume accounts payable: Achieving long-term growth through automation

  • 31% of companies that process large monthly payable volume plan to innovate their AP systems within six months
  • 93% of mass-payout firms expect monthly payables to increase in the next three years
  • 98% of businesses believe automated AP will improve their speed of managing payables
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Guide PYMNTS High Volume AP V2

A surge in B2B payment volume is a good sign that your business is thriving — but have you checked in on your accounts payable (AP) team lately? How are they doing with the extra volume? Are they still managing payments with tired legacy methods? If your team is experiencing friction, AP automation will be a huge help.

In this report, we collaborated with PYMNTS.com to learn why AP automation eases growing pains and how businesses are using it now or plan to in the future to support long-term growth. Over 200 executives from small- to mid-market businesses shared these insights:

  • 31% of companies that process large monthly payable volume plan to innovate their AP systems within six months

  • 93% of mass-payout firms expect monthly payables to increase in the next three years

  • 98% of businesses believe automated AP will improve their speed of managing payables

  • And much more

Download the report to take control of your growth strategy today and ease your AP team’s day-to-day workload.