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Research

Accounts Payable 2024: Big Trends and Predictions

ArdentPartners wp covArdent Partners has released its annual report detailing the big trends impacting accounts payable today as well as what we can expect to see in the industry in the year ahead.

From the impact of AI to the ongoing labour shortage, the report paints a picture of the current AP landscape and how finance leaders can pave the way for a smarter future.

What you will learn:

The report identifies nine trends and nine predictions for the world of AP in 2024. Some of them include:

- The rising importance of AP data
- New global supply chain challenges
- Embracing “The year of efficiency”
- CFOs prioritising complete AP automation
- Aggressive investment in fraud prevention technology
- Increased adoption of ePayables solutions by mid-market
  enterprises. 

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Take part in our PPN Annual Survey 2024

For the past 12 years, our Purchase to Pay Network survey has been at the forefront of Procure to Pay in the UK, providing a unique vision of the industry.

Take the survey and be a part of shaping the future of Procure to Pay in the UK!

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PPN Annual Survey 2023

PPN Survey 2023 coverView our Annual Survey 2023 and find out the main challenges facing P2P, trends and more.

The report is derived from a study incorporating the online results of senior influencers and decision makers involved with Procure to Pay, Finance, procurement and the supply chain.

View this report and read the findings in full.

A guide to building a Purchase-to-Pay (P2P) business case

Proactis Building Your Business Case for P2P UK 1 1An easy step-by-step process to build your business case

Spend Management is a journey, and for many organisations, one of the first, most important legs of the trip is deployment of a Purchase-to-Pay (P2P) solution.

The direct operational benefits of your P2P system will be to:

• Make it easy for your organisation to get the goods and services
   it needs.
• Prevent unauthorised, unnecessary or fraudulent purchases.
• Help department managers effectively manage budgets.
• Guide purchasers to fulfill their need from approved
   suppliers with a negotiated contract pricing.
• Dramatically streamline the processing of invoices
   while ensuring only valid invoices are paid.
• Streamline the entire purchase-to-pay process to reduce both
   time and cost.

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Avalara

Avalara helps businesses of all sizes get tax compliance right. In partnership with leading ERP, accounting, eCommerce and other financial management system providers, Avalara delivers cloudbased compliance solutions for various transactional taxes, including sales and use, VAT, GST, excise, communications, lodging, and other indirect tax types. Headquartered in Seattle, Avalara has offices across the U.S. and around the world in Canada, the U.K., Belgium, Brazil, and India.