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PUBLISHER: IDC | PRODUCT CODE: 1350401

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PUBLISHER: IDC | PRODUCT CODE: 1350401

Worldwide Accounts Payable Applications Forecast, 2023-2027

PUBLISHED:
PAGES: 14 Pages
DELIVERY TIME: 1-2 business days
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This IDC study examines the worldwide accounts payable applications market forecast."The future of AP will be driven by intelligence and automation. This future will move along a steady trajectory from manual processes to automated workflows to true AP autonomy. As companies continue to raise the profile of spend visibility and control and businesses make AP a data hub within the business, concepts like touchless and autonomous processing will become essential for business prosperity," said Kevin Permenter, research director, Financial Applications at IDC.

Product Code: US50231523

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Market Context

  • Drivers and Inhibitors
    • Drivers
      • Digital Transformation
      • Convergence
      • Automation
    • Inhibitors
      • Russia-Ukraine War
      • Inflation
  • Significant Market Developments
  • Changes from Prior Forecast

Market Definition

  • Accounts Payable

Methodology

  • Historical and Forecast Market Values and Exchange Rates

Related Research

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