"Tomorrow's accounts payable organization will be a radical departure from the status quo. No longer a tactical, paper-intensive transaction processing and reporting function, the accounts payable department of the future will be a highly efficient, digitally connected analytics powerhouse..."
"Technologies such as cloud computing, mobile, intelligent data capture, artificial intelligence and robotic process automation, business analytics, and online collaboration, will be critical to accounts payable's transformation"
This recent whitepaper by Institute of Finance and Management (IOFM) describes a not-too-distant future in which accounts payable will be simple, transparent and seamless, and details the technologies that will help organizations fulfill this vision.
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"Tomorrow's Accounts Payable Department: Simple, Transparent, and Seamless"