![Cost Concerns Keep Firms From Automating AR Processes Cost Concerns Keep Firms From Automating AR Processes](https://www.pymnts.com/wp-content/uploads/2023/11/Automating-AP.png)
Cost Concerns Keep Firms From Automating AR Processes
Businesses expect that handling payments — both sending and receiving them — will become even more crucial in the future. On average, companies anticipate a 50% increase in payments made and a 46% surge in the number of invoices dispatched in the upcoming three years. Among those surveyed in a recent PYMNTS Intelligence study, nearly 80%…