Exclusive MAP Survey: Handling of e-Invoices Now Top Reason for Use of Internet in A/P
September 2002
What is the number one reason why accounts payable managers are using the Internet? Respondents of the Managing Accounts Payable 2002 Benchmarking Survey indicates they are using the Internet for invoices—to receive them electronically and then to forward them to the appropriate personnel for approvals. This is further evidence that e-invoicing is starting to take hold in corporate America. The survey also revealed several other interesting insights, which lead us to conclude that accounts payable is rapidly changing from a clerical manual function to one that requires research, analysis, and a thorough understanding of the business process.
2009
