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2021 Outlook for the AP Automation Industry: 7 Trends for Finance Pros to Track

It’s time to build on all we learned in 2020 and apply it to coming out stronger than ever in 2021.
cover image of latest report from AvidXchange and the Institute of Finance and Management, titled "2021 outlook for the AP automation industry: 7 trends for finance pros to track"

What's Inside

It’s time to build on all we learned in 2020 and apply it to coming out stronger than ever in 2021.

The good news is we’ll all have new opportunities for new growth and stability by reallocating resources, trading out temporary solutions for long-term remedies and tackling problems that have gone unaddressed.

To help you and your company flourish next year, AvidXchange collaborated with the Institute of Finance & Management (IOFM) to create this report identifying major trends that will drive growth for your business, including:

  1. An increase in electronic invoice volume
  2. Ongoing challenges integrating AP and accounting software
  3. Intensified urgency to automate AP
  4. Emphasis on strategic AP contributions
  5. Boost in data analytics and machine learning
  6. Technology’s role in reducing stress levels
  7. A rise in cybersecurity threats

Fill out the form to the right to get your copy of “2021 Outlook for the AP Automation Industry” today!

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