Worldwide Accounts Payable Applications Forecast, 2024-2028

This IDC study examines a five-year forecast for the worldwide accounts payable applications market."Embrace the future of finance: Transform your accounts payable from a back-office function into a strategic hub. Leverage AI and embedded payment solutions to unlock smart insights into cash flow, operational performance, and fraud detection. In a world where digital is the default, those who digitize the invoice-to-pay life cycle will not only achieve unprecedented efficiency and security but also foster stronger supplier relationships. The revolution in accounts payable is here, and it's powered by technology," said Kevin Permenter, senior research director, Enterprise Applications at IDC.