Finance leaders across the US, UK, and Europe are acknowledging that manual accounts payable (AP) processes are hindering their organizations’ growth plans. A recent study conducted by Tipalti reveals that 82% of these leaders believe excessive manual processes are holding them back, with 66% specifically citing AP as the most time-consuming and inefficient task. The report highlights the challenges posed by inefficient AP processes and emphasizes the transformative potential of modernized workflows for unlocking new growth opportunities.