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In accountspayable (AP) automation , an API plugs into different software programs, unlocks the data and turns on the communications between them so they can connect and share information and functionality. Leading AP software providers often integrate with up to 30 or more accountingsoftware programs.
million by 2027, with a compound annual growth rate (CAGR) of 35.4% from 2021 to 2027. This can help to improve the efficiency and accuracy of accounting and finance operations, and also helps to streamline the AccountsPayable process. million in 2021 and is expected to reach USD 6,382.52
One of the quotes was from Steven Horowitz, the CFO at CareCentrix, and he said, "The only time finance staff had to go to the office, was to scan physical mail and bills into their smartphones to process accountspayable." Isn't that amazing? That's the only time. So, you guys are doing good work. It's very, very timely.
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