Accounts Payable and Receivable Trends and the Path to Profitability

Middle Market CFOs Say Automated AP/AR Delivers Certainty in Tough Economy

Accounts Payable and Receivable Trends and the Path to Profitability

Automating AP/AR means paying suppliers on time and managing cash flow, and midsize firms have taken note. PYMNTS Intelligence’s latest survey of 412 executives, “Accounts Payable and Receivable Trends and the Path to Profitability,” a collaboration with American Express, explores why modernizing AP and AR systems can safeguard midsize firms in a tough economy.

Inside the November Study

  • 44%: Portion of mid-size firms that have automated one or two of their AP processes
  • 73%: Share of executives at mid-size firms reporting that AP automation improves cash flow, increases savings or contributes to business growth
  • 85%: Portion of executives at mid-size firms citing accurate, efficient and streamlined processes as benefits of AP automation

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    Accounts Payable and Receivable Trends