NEW YORK, March 2, 2020 /PRNewswire/ -- Canon Business Process Services (Canon) announced the release of a new survey report that offers important research on accounts payable (AP) industry benchmarks for the coming year. Among other findings, the report indicates that the overall perception of AP in 2020 continues to rise. Fifty-five percent of all businesses (up from 52% in 2019) now perceive the AP function as either "very" or "exceptionally" valuable to organizational operations.
The report, "Accounts Payable Metrics that Matter in 2020," is offered by Canon and written by Ardent Partners. According to the report, a new type of intelligence will enable AP teams to view their operations differently and, by doing so, force AP leaders to manage them differently. The AP industry is entering an age that demands powerful analytics, deep insights and agility. The ability to make better-informed decisions across an organization, the report points out, can and will be game-changing. Accounts payable leaders must start now to prepare their teams.
Download the white paper HERE.
About Canon Business Process Services (Canon)
Canon helps clients enable business agility, digital transformation and lead an increasingly evolving workforce. We solve these challenges by leveraging our experienced team backed by Six Sigma expertise and best-in-class technology. With professionals across the U.S. and in the Philippines, we have been named a Global Outsourcing 100 Leader in 2020 by IAOP for the fourteenth straight year. Canon Business Process Services is a wholly owned subsidiary of Canon U.S.A., Inc.
Learn more at cbps.canon.com and follow us on Twitter @CanonBPO.
Ardent Partners
Ardent Partners is a research and advisory firm focused on defining, and advancing the supply management strategies, processes, and technologies that drive business value and accelerate organizational transformation. Ardent Partners was founded in 2010 by Andrew Bartolini. Visit us at www.ardentpartners.com
All referenced product names, and other marks, are trademarks of their respective owners.
Press Contact: Ken Neal, [email protected]
Canon Business Process Services © 2020
SOURCE Canon Business Process Services
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