cfotechoutlook

The Quintessential Technology Source for Corporate Financial Professionals

6OCTOBER 2020Managing EditorSarah DawsonAaron Pierce Ann Bennis Antony MosesVisualizerAlbert RozarioSalesSarah DawsonManaging Editoreditor@cfotechoutlook.comRichard Watsonrichard@cfotechoutlook.comEditor's NoteContact Us:Phone:510-556-2280 Fax:510-894-8405Email:sales@cfotechoutlook.comeditor@cfotechoutlook.commarketing@cfotechoutlook.com OCTOBER - 2020, Vol - 06, Issue - 06 (ISSN 2644 - 2841)Published by ValleyMedia, Inc. To subscribe to CFO Tech OutlookVisit www.cfotechoutlook.com Editorial StaffAva GarciaJoshua Parker Paul BarberJoy ParkerCopyright © 2020 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 staffWhat was earlier considered a luxury, has now become a necessity­Accounts Payable or AP has indeed come a long way. And joining this journey are organizations who have gradually made automating AP a norm for the smooth functioning of their businesses. But, what we witness now is probably a quarter to what the future of AP looks like. In the coming days, integrations of AP solutions will twirl around leveraging data to make informed decisions and drive enhanced performance. Technologies like optical character recognition (OCR), document imaging, and invoice data capture for AP will create a snowball effect to augment AP as the new business-value centers. The future shall see a "Man vs. Machines" situation where artificial intelligence-based devices will attract a highly skilled workforce, like data entry operators, to continue with AP processes. Considering all the latest technological trends entering the sector, organizations will have to equip themselves with the latest AP solutions to meet the evolving requirements.When all things are considered, there is no doubt that the AP sector is on the fast track of evolution. Standing at the cusp of AP technology, there are a wide range of providers who offer the latest AP solutions best suited for the next generation of business needs. To help clients steer through the best-of-breed companies, CFO Tech Outlook has compiled a list of Top 10 Accounts Payable Solution Providers. These organizations are transforming the AP landscape at the cloverleaf of various disruptive technologies. Besides, the magazine comprises insights from subject-matter experts, CIOs, and CXOs in the AP sector on the latest industry trends, best practices, recent innovations, and highlights their expertise.Let us know your thoughts!Utilizing Data to Drive AP Modernization
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