Top Challenges for Accounts Payable Post-COVID-19 and How to Meet Them

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For years, the key challenge for Accounts Payable has been to step away from paper and find new and innovative ways to increase efficiency in the AP and invoice process. Leading organizations have digitized business processes and automated manual tasks, setting their goals on a data driven world post-automation. At the same time laggards were still managing day-to-day operations manually. Manual processes may have seemed old-fashioned, but the laggards were keeping their nose above the water. With AP perceived as a non-priority for many companies, not doing anything was still seen as acceptable. Then COVID-19 hit, and the foundations started to shake.