2021 Outlook for the AP Automation Industry

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2021 Outlook for the AP Automation Industry: Seven Trends for Finance Pros to Track 

As 2020 nears its end, it’s time to look forward to the coming year. How have the challenges we’ve experienced shaped the outlook for what’s to come, and what have we learned? 

The Institute of Finance & Management partnered with AvidXchange to make some predictions based on benchmarking data collected in what was, for many accounts payable professionals, the most challenging year on record. For example, we know that the demand for AP automation is growing, likely accelerated by the need to work remotely, and that trend is likely to continue.  

Not only will this push to automate help reduce stress levels experienced by finance pros in 2020—CFOs, controllers and AP managers will all be able to spend more of their time on strategic work as the need for manual, paper-based processes declines. 

Read more about these trends and others that will shape the year to come in the whitepaper, “2021 Outlook for the AP Automation Industry: Seven Trends for Finance Pros to Track.” Fill out the form at the right to download your free copy today—and get ready for a new year! 

Continuing Education Credits available:

Receive 1 CEU towards IOFM programs:

AP CertificationPP-OC_seal_APP_outline.FNLReceive 1 CEU towards maintaining any AP and P2P related program through IOFM! These programs are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge.

Continuing Education Credits available:

Receive 1 CEU towards IOFM programs:

AR-certFinal-AOCReceive 1 CEU towards maintaining any AR and O2C related program through IOFM! These programs are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge.

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