Worldwide Accounts Payable Applications Forecast, 2023–2027

Worldwide Accounts Payable Applications Forecast, 2023–2027This IDC study examines the worldwide accounts payable applications market forecast."The future of AP will be driven by intelligence and automation. This future will move along a steady trajectory from manual processes to automated workflows to true AP autonomy. As companies continue to raise the profile of spend visibility and control and businesses make AP a data hub within the business, concepts like touchless and autonomous processing will become essential for business prosperity," said Kevin Permenter, research director, Financial Applications at IDC.

Please Note: Extended description available upon request.


IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Digital Transformation
Convergence
Automation
Inhibitors
Russia-Ukraine War
Inflation
Significant Market Developments
Changes from Prior Forecast
Market Definition
Accounts Payable
Methodology
Historical and Forecast Market Values and Exchange Rates
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