March 2021: Invoices Increasingly Received Electronically

IOFM benchmarking data indicates there has been a steady increase in electronic invoice submittals over the past three years. With many finance teams still working from home, we can expect that trend to increase even more in 2021. How well is your AP team equipped to handle the processing of electronic invoices?

Want more benchmarking data? Go to the Benchmarking section of IOFM.com. Members can download the latest IOFM Benchmarking Reports.