The multitrillion-dollar accounts payable market is finally digitizing — here's how payments providers can grab a piece of it. | | |
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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