2018 Payables Insight Report
The 2018 Payables Insight Report provides a comprehensive analysis of the accounts payable automation landscape. Based on survey data from finance professionals across industries, this report examines current AP processing methods, technology adoption rates, and the measurable impact of automation on invoice cycle times and processing costs.
Key Findings
- Organizations using AP automation reduced invoice processing costs by an average of 60-80% compared to manual methods
- Automated AP departments processed invoices 73% faster than those relying on paper-based workflows
- Early payment discount capture rates improved significantly with automated approval routing
- Cloud-based AP solutions saw the fastest adoption growth among mid-market organizations
Report Coverage
This report covers the full accounts payable workflow from invoice receipt through payment execution, including intelligent data capture, automated matching, exception handling, and payment optimization. The analysis includes vendor landscape assessments and implementation guidance for organizations at various stages of AP maturity.
PayStream Advisors' payables research has been cited by leading industry publications and technology providers as a benchmark for AP automation decision-making.