cfotechoutlook

The Quintessential Technology Source for Corporate Financial Professionals

6NOVEMBER 2021Managing EditorSarah DawsonAaron Pierce Ann Bennis Antony MosesVisualizerAlbert RozarioSalesSarah DawsonManaging Editoreditor@cfotechoutlook.comRichard Watsonrichard@cfotechoutlook.comEditor's NoteEmail:sales@cfotechoutlook.comeditor@cfotechoutlook.commarketing@cfotechoutlook.com November - 2021, Vol - 07, Issue - 10 (ISSN 2644 - 2841)Published by ValleyMedia, Inc. To subscribe to CFO Tech OutlookVisit www.cfotechoutlook.com Editorial StaffAva GarciaJoshua Parker Paul BarberJoy ParkerCopyright © 2021 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffInnovations in technology are continuing to disrupt the accounts payable landscape. Chief financial officers (CFOs) across the world are increasingly leveraging cutting-edge solutions to accelerate their accounts payable operations, realize greater profits, and stay relevant and competitive in the market. Novel accounts payable technology solutions are opening up promising opportunities for accounting professionals to optimize their processes and ensure improved efficiencies. Coined by Gartner, hyperautomation has emerged as a megatrend influencing the accounts payable operations. With artificial intelligence (AI) and machine learning (ML) technologies, accounts payable professionals can seamlessly gather and analyze business-critical data, glean actionable insights, and present them as graphs or charts--all in an automated manner. At the same time, data security and fraud protection are topping the list of priorities for CFOs as accounts payable processes deal with sensitive data such as invoices and billing and payment details. To this end, modern accounts payable tools are designed to support built-in data security as well as fraud protection features. On the other hand, cloud-based accounts payable solutions are increasingly gaining momentum. By leveraging cloud technology, accountants can access data and records over the internet, from anywhere at any time. This approach eases collaboration and allows for sending invoices and billings to vendors and clients without hassle. A myriad of accounts payable solution providers in the market offers the newest, innovative, and state-of-the-art solutions for businesses. To help CFOs and other corporate leaders navigate through the list of promising accounts payable solution providers, our panel comprising of CEOs, CIOs, VCs, industry analysts, and the editorial board of CFO Tech Outlook presents to you the top companies in this landscape. We took a deep dive into the market trends to narrow down the list of companies delivering robust accounts payable solutions. Equipped with innovative technological capabilities, these enlisted solution providers transform businesses at the cloverleaf of various disruptive technologies. We hope this issue of CFO Tech Outlook helps you build the partnership you and your organization need to foster an environment driven by efficient technology. Let us know your thoughts!Tapping into the Potential of Tech-Driven Accounts Payable
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