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Worldwide Accounts Payable Applications Forecast, 2024–2028

Publisher IDC
Published Aug 30, 2024
Length 17 Pages
SKU # IDC19127340

Description

Worldwide Accounts Payable Applications Forecast, 2024–2028


This IDC study examines a five-year forecast for the worldwide accounts payable applications market."Embrace the future of finance: Transform your accounts payable from a back-office function into a strategic hub. Leverage AI and embedded payment solutions to unlock smart insights into cash flow, operational performance, and fraud detection. In a world where digital is the default, those who digitize the invoice-to-pay life cycle will not only achieve unprecedented efficiency and security but also foster stronger supplier relationships. The revolution in accounts payable is here, and it's powered by technology," said Kevin Permenter, senior research director, Enterprise Applications at IDC.

Table of Contents

17 Pages

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Market Context

Drivers and Inhibitors

Drivers

Economy

Convergence

Inhibitors

Inflation

Business Confidence

Significant Market Developments

Changes from Prior Forecast

Market Definition

Methodology

Historical and Forecast Market Values and Exchange Rates

Related Research

Pricing

Currency Rates
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