Discover how invoice automation is reshaping finance.
In this IDC white paper, sponsored by Basware, analysts reveal how Invoice Life-Cycle Management (ILM) is redefining accounts payable as a strategic business driver. The report covers:
- The latest trends in AP automation and compliance
- How AI is enabling touchless invoice processing and real-time insights
- The impact of global regulatory changes on finance teams
- Basware’s leadership and innovation in invoice automation
Key Takeaways:
- The AP software market reached $4.5 billion in 2024 and is set for rapid growth.
- AI-powered automation now enables true “touchless processing”, matching POs to invoices at the line level, without manual intervention.
- Global compliance is accelerating transformation, as governments mandate digital transactions and real-time transparency.
- Basware’s platform has processed over 2.5 billion invoices and prevented $1.6 trillion in erroneous and fraudulent payments.
- Finance teams using ILM gain real-time visibility, reduce risk, and unlock working capital.
Get the full IDC report to see how leading organizations are turning AP into a source of strategic value.
Prefer a quick visual summary?
See how invoice automation maturity transforms accounts payable from a cost center into a strategic engine for growth in our companion IDC infographic, Power Up Invoice Lifecycle Management, which maps the automation maturity journey from manual processing to AI-driven ILM. View the infographic.
