Routable - High-Volume Accounts Payable: Achieving Long-Term Growth Through Automation - May 2022 - Discover how businesses are using automated payables platforms to manage large volumes of monthly payments

High-Volume Accounts Payable: Achieving Long-Term Growth Through Automation

Businesses Beat Down Payments Volume Surges With Automated Payables

In collaboration with Routable, High-Volume Accounts Payable: Achieving Long-Term Growth Through Automation, a PYMNTS study of 204 finance chiefs reveals why more businesses are turning to automated payables platforms as a fast, flexible way to manage high-volume mass-payments spikes.

Inside the May Report

  • 47%: Portion of companies that say they can handle 50% growth in their AP volume “very” or “extremely” well
  • 31%: Share of companies that process large monthly volumes of payables and plan to innovate their AP systems within six months
  • 27%: Share of companies that process large volumes of payables each month and plan to innovate their AP systems within the next year

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    Accounts Payable Automation