target audience: TECH SUPPLIER Publication date: Sep 2023 - Document type: Market Forecast - Doc Document number: # US50231523
Worldwide Accounts Payable Applications Forecast, 2023–2027
This IDC study examines the worldwide accounts payable applications market forecast.
"The future of AP will be driven by intelligence and automation. This future will move along a steady trajectory from manual processes to automated workflows to true AP autonomy. As companies continue to raise the profile of spend visibility and control and businesses make AP a data hub within the business, concepts like touchless and autonomous processing will become essential for business prosperity," said Kevin Permenter, research director, Financial Applications at IDC.