PYMNTS· PYMNTS·· 5 hours agoAI score32
AP Automation: 92% of Organizations Say It Can Shift Finance Teams to Strategic Work
92% See AP Automation as a Way to Move Beyond Routine Tasks
AI brief
AI-assisted source summary · not independently verified. Content standards
A report by PYMNTS Intelligence and WEX shows that 92% of organizations believe automating invoice management and supplier payments can enable finance teams to focus on strategic work. When selecting AP automation solutions, 62% of businesses prioritize ease of integration with core business management systems; although 89% of organizations already use some automation, half still process more than 5,000 invoices per month.
Source:PYMNTS · pymnts.com