It is projected that the accounts payable automation market would expand from its predicted US$ 2.6 billion in 2022 to US$ 6.7 billion by 2032 at a compound annual growth rate (CAGR) of 10%.” Apparently, accounts payable automation systems may help businesses have more operational control and insight, allowing them to concentrate on more strategic …
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Accounts Payable Automation Market Set for Significant Growth: Forecast, Trends, and Key Players
At a compound annual growth rate (CAGR) of 10%, the accounts payable automation industry is expected to reach US$ 6.7 billion by 2032 from its estimated US$ 2.6 billion in 2022. Reportedly, automation solutions for accounts payable may assist companies in gaining greater operational control and visibility, freeing them up to focus on strategic tasks like identifying …