Accounts payable teams are on their toes to process transactions as efficiently as possible. However, some challenges keep making work unnecessarily hard.
Besides adding to the workload, they also constitute a critical threshold in adopting digitally aligned processes. In other words, they affect the ability to increase automation. Here are the top five challenges for accounts payable.
The ultimate buzz in today’s business is digital transformation. It is on everyone’s agenda. Most organisations feel the pressure. Digitisation changes the business landscape in an accelerating speed, whether it’s how we bring customer value, compete or collaborate.