target audience: TECH SUPPLIER  Publication date: Jun 2024 - Document type: IDC Survey Spotlight - Doc  Document number: # US52342523

How Can Embedded Payments Benefit Your Accounting Processes?

By:  Jordan Steele Loading

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Abstract


This IDC Survey Spotlight highlights the top challenges within the accounting department and the benefits of implementing embedded payment features within accounting systems. With excessive time being spent on manual, low-value tasks, companies are looking for features that can streamline processes and reduce time spent moving back and forth from solution to solution. Embedded finance represents an opportunity for solution providers to further improve the user experience with features supporting payments, lending, investments, and more. According to IDC's 2024 SaaSPath Survey, embedded payments are considered the most valuable feature to include within accounting systems.



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