This IDC study provides an assessment of the leading SaaS and cloud-enabled ERP accounts receivable and accounts payable software solutions and discusses what criteria are most important for companies to consider when selecting a system.
"AR and AP workflows are quickly changing as part of digital transformation initiatives. ERP software vendors are leading the charge of digital transformation with new and innovative AR and AP features. As digital transformation continues to evolve within AR and AP functions, the importance of machine learning, big data analytics, and even blockchain will increase rapidly," said Kevin M. Permenter, senior research analyst, Enterprise Applications. "One thing is for certain, getting improved AR and AP functionality is a high priority for ERP end users and will be an essential aspect of the buying decision for ERP solutions."