Optimizing AP And AR
The Optimizing AP and AR Playbook, a collaboration with OnPay Solutions, draws on PYMNTS’ past studies and credible external sources to document the toll that legacy invoicing processes are taking on businesses in the United States. The Playbook lays out digital alternatives for more efficient and effective accounts payable, accounts receivable and payments operations.
Inside the April study:
- 75 percent: Share of all U.S. invoices that are paper-based
- 80 percent: Share of U.S. firms that use paper checks to pay their suppliers
- 60 percent: Estimated reduction in missing invoices at firms that automated AP and AR processes