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A Complete Guide to Digital Transformation in Accounts Payable

Nanonets

  In an era where digital transformation is reshaping every aspect of business operations, the role of Accounts Payable (AP) is also undergoing a significant evolution. billion in 2021 to USD 7.5 It represents a fundamental shift in how businesses manage their financial operations. billion by 2030 at a CAGR of 12.5%.​​

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5 Ways AP Departments Can Help Offset Recession Impacts

AvidXchange

In fact, according to the Association for Financial Professionals’ 2021 Payment and Fraud Control Survey , paper checks continue to be the top vehicle for payment fraud. In our latest research survey, 30% of respondents said their companies are preparing for the recession by reducing or eliminating office space.

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