Accounts Payable Automation: Transportation Companies Innovate To Drive Growth
Transportation Firms to Prioritize Payments Speed and Visibility in 2023
“AP Automation: Transportation Companies Innovate To Drive Growth,” a collaboration with Routable, finds that transportation and logistics companies struggle with invoice approvals and lack of payment transparency when paying vendors, a friction further complicated by the growing volume of payments — making automating payments the top priority for 41% of surveyed firms.
Inside the December Report
- 55%: Share of transportation companies that see innovating AP platforms as an important goal
- 51%: Portion of transportation companies highly satisfied with their AP platforms
- 61%: Share of transportation companies with automated AP processes that are highly satisfied with those platforms
