Accounts Payable Solutions Deliver 3.5X Productivity Gains with AI Innovation

The Hackett Group has released a report on accounts payable software solutions that deliver 3.5x productivity gains through AI innovation. The report highlights the need for a strategic approach to technology adoption and process optimization to address complex requirements such as global e-invoicing, tax validation, and fraud prevention. The report evaluates 15 providers and notes that adopters of AP solutions have realized tangible benefits, including a 60% average touchless invoice processing rate and a 59% average improvement in AP cycle times.