9 Charts That Offer a Look into the Future of Accounts Payable

The accounts payable (AP) function experienced another immensely transformative year in 2022.  Companies are spending at record rates and asking AP professionals to work faster and more efficiently than ever.  

Meanwhile, the tight labor market created a fascinating shift in power dynamics, and AP professionals are demanding more resources, technology and development opportunities from their employers.  The evidence of these trends and more is beyond assumed or imagined – there’s data that backs up each and every one – and the implications loom large as we inch closer to 2023. 

In this webinar, AvidXchange consultant Chris Elmore and IOFM’s Mark Brousseau will analyze nine charts that illustrate the ongoing evolution of AP and the finance professionals overseeing this critical function.  

Throughout the discussion, you will:  

• Learn how companies are navigating a tricky economic environment and preparing for a potential recession with a focus on talent and tech 
• Understand new expectations placed on both AP professionals and their employers 
• Develop strategies for personal development that could propel your finance career in 2023 

Mark Brousseau
President, Brousseau & Associates 

Over the past 26 years, Mark Brousseau has established himself as a thought leader on accounts payable, accounts receivable, payments and document automation.   A popular speaker at industry conferences and on webinars and podcasts, Brousseau advises prominent end-users and solutions and services providers on how to use automation to improve document- and payments-driven business processes.  Brousseau has chaired numerous educational conferences and has served on several industry committees and boards.  He resides in Center City Philadelphia with his wife and three sons.

Chris Elmore
Chief Evangelist, AvidXchange

Chris Elmore is AvidXchange’s Chief Evangelist and has been with the company since its early beginnings in 2000. He leads a weekly class for AvidXchange interns and is a professor at UNC Charlotte and Queens University of Charlotte, teaching Entrepreneurship and Innovation. Chris also serves on the startup boards of 4 Charlotte companies and advises 3 more as well. Named a “Startup Hero” by North Carolina Business Magazine, he shares his knowledge and expertise of automation, innovation, successful startups, and technology through speaking engagements around the country.