Top 10 Accounts Payable (AP) trends for 2023

• Trend 1 – Economic headwinds impact AP operations
• Trend 2 – Inflation remains a top priority for Accounts Payable
• Trend 3 – Cash flow and payment terms are a core focus
• Trend 4 – AP’s positive impact on the supply chain
• Trend 5 – Global e-invoicing mandates continue to impact AP teams
• Trend 6 – Digital transformation of AP functions reaches mid-market
• Trend 7 – Hyperautomation gains traction in accounts payable
• Trend 8 – Visibility into AP data becomes more critical
• Trend 9 – Distributed & extended workforces change how and where work gets done
• Trend 10 – AP adopts a customer service mindset

Source Tungsten

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