Finance Leaders Adjust Strategies to Come Out Stronger in Extraordinary Economic Times

2020 has been a year unlike any other—stay-at-home orders have challenged businesses on a global scale. Accounts Payable organizations have had to adjust quickly to working remotely, and as a result, departments are in the process of transformation, reconsidering their entire way of working.

AvidXchange partnered with IOFM to explore how those changes born of economic necessity are reshaping Accounts Payable, now and for the future. Many organizations that traditionally relied on paper checks requiring physical printing, signatures and mailing, have since turned to automation to reduce risk and speed up payments at a time where suppliers particularly need cash. And where working from home was rarely an option for AP professionals, that now appears to be a trend that will persist past the current economic crisis.

This whitepaper explores how the changes AP organizations are implementing now aren’t just impacting the way they work—they’re evolving Accounts Payable for the future. Download “Finance Leaders Adjust Strategies to Come Out Strong in Extraordinary Economic Times” to discover more.