target audience: TECH BUYER Publication date: Jul 2024 - Document type: IDC MarketScape - Doc Document number: # US52378624
IDC MarketScape: Worldwide Accounts Payable Automation Software for Midmarket 2024 Vendor Assessment
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Abstract
This IDC study advises technology buyers on selecting accounts payable (AP) applications that align with digital enterprise needs, emphasizing the importance of user experience, integration capabilities, and strategic vendor selection to enhance financial management practices. This IDC study provides an assessment of the leading accounts payable automation software solutions and discusses the criteria that are most important for companies to consider when selecting a system.
“In an era of digital transformation, the shift toward cloud-based AP automation is not just an upgrade, it’s a strategic necessity for financial health and operational efficiency.” — Kevin Permenter, senior director, Enterprise Applications at IDC
“Embracing cloud-based AP solutions is pivotal for organizations aiming to navigate the complexities of modern financial management and secure a competitive edge in the digital economy.” — Jordan Steele, research manager, Financial Applications at IDC