What is the current and future state of Accounts Payable in the Mid-Market?

The mid-market appetite for automation is growing, especially for finance operations like accounts payable, where almost 70%* of all invoices require some kind of manual intervention by the AP team. 

Top Challenges facing Mid-Market AP Teams in 2022

• 51% Too many invoice exceptions
• 48% Long invoice and payment approval times
• 34% High invoice processing costs

How does your AP operation measure up?

“Over the past decade, Ardent Partners has conducted more Accounts Payable (AP) market research studies than any other firm or consultancy in the industry. In that time, Ardent has benchmarked thousands of distinct mid-market enterprises…across all phases of its proprietary ePayables framework – Receipt, Process, and Pay. Ardent Partners’ AP Pulse on the Mid-Market in 2022 ebook draws on data from the marketplace, curated by Ardent Partner’s market-leading research team, and is a compilation of knowledge and benchmarks needed by mid-market enterprises (“MME”) to gain key insights into accounts payable operations including the top priorities and challenges facing AP today.”

Find out what is driving transformation for Accounts Payable, how your organization measures up in 2022, and what the future holds for AP.

Download your free copy of the e-book today.

About Ardent Partners
Ardent Partners is a research and advisory firm focused on defining and advancing the procurement and financial operations strategies, processes, and technologies that drive Best-in-Class performance and accelerate organizational transformation.