The multitrillion-dollar accounts payable market is finally digitizing — here's how payments providers can grab a piece of it. | |
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In Accounts Payable Automation, Business Insider Intelligence sizes the accounts payable market in the US; evaluates the breakdown between analog and digital processes at all three stages of an accounts payable transaction; and evaluates barriers toward digitization.
We then identify four key segments where there's particular opportunity in accounts payable and assess the value in each. Finally, we examine four best-in-class providers serving these areas and explain why their solutions could be a blueprint for other providers entering B2B.
The companies mentioned in this report include: Bottomline Technologies, Intuit, JPMorgan Chase, MineralTree, Oracle, SAP, SWIFT, Tipalti, Visa, Xerox.
In full, this exclusive report:
Explains the typical accounts payable process and identifies pain points within each stage Lists the benefits of automating accounts payables and highlights friction points preventing businesses from digitizing Analyzes how payments providers can best move into the space and capture a large volume share as the market is on the cusp of rapid digitization Evaluates four best-in-class strategies that payments providers looking to move into payables can take to scale quickly And much more...
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