Why CFOs struggle with accounts payable management ?
We surveyed more than 500 CFOs to answer the following questions:
How do SMBs and Mid-Sized companies handle their accounts payable?
Are the tools and processes they use truly effective?
What factors have the greatest influence on the efficiency of accounts payable management?
How much does it cost to process and pay a single supplier invoice?
What factors most influence the cost of processing and paying a supplier invoice?
57%
of UK CFOs struggle to tame rogue spending
£8.90
UK SMBs and Mid-Sized companies spend £8.90 to process and pay a single supplier invoice
13%
of UK CFOs only rely on spreadsheets to manage their payables
How to use the survey?
We regularly speak with CFOs who face difficulties in managing their supplier accounts optimally. This is why we have conducted this survey to better understand the challenges they face in this area.
The results of this survey will provide you with concrete insights to help you prioritize your projects and better convince your executive team of the necessary investments to secure and automate your supplier management process.
About Agicap
Founded in 2016, Agicap is at the forefront of cash management innovation, with a next-gen treasury management solution integrating Banking & ERP connectivity, Cash Management, Liquidity Planning, Accounts Receivable, Accounts Payable and Spend Management.
With over 8,000 clients across Europe and the US, Agicap continues to empower businesses to achieve operational excellence and maintain a culture of cash performance.
