Accounts Payable Automation Trends 2024

How to improve AP

The Accounts Payable Automation Trends 2024 report is based on independent global research of finance and accounts payable professionals conducted over a 6-week period in Q2 2024. Led by the Institute of Financial Operations & Leadership (IFOL) and sponsored by SAP Concur, the research provides insights into the efficiency gains, adoption rates of automation, and barriers to implementing AI technologies in AP processes.

Top trends revealed by the research include:

  • An acceleration in the adoption of intelligent technologies for invoice management over the past three years.
  • A rapid increase in awareness and interest in generative AI.

Download the full report to learn more about these and other trends driving the automation of Accounts Payable.