REPORT: Accounts Payable Spend Management Global Survey

global trends in accounts payable

The 2021 Accounts Payable Spend Management Survey is the third global survey of finance leaders we’ve conducted with our partner IFOL (Institute of Financial Operations & Leadership) over the last 18 months. The first survey was conducted in early Q1 2020 just as the pandemic was unfolding, the second during the summer of 2020, and this latest survey through August and September 2021. Over the last 18 months we’ve seen a clear trend toward an increase in AP automation, which significantly accelerated in the last year. Responses from Canadian leaders revealed a jump from 0% to 22% of companies with fully automated AP, plus a new emerging trend of AI adoption.

Read the full report for insights on how Canadian and global AP professionals are leveraging automation and AI in the new world of work.