AvidXchange Releases Top Priorities and Trends for Finance Leaders in 2024
CHARLOTTE, N.C., Nov. 20, 2023 (GLOBE NEWSWIRE) -- AvidXchange, a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced the recent release of a white paper titled, “2024: Anticipating Tomorrow’s Trends.” The report highlights the findings of a September 2023 survey of 500 finance leaders at middle market companies across various industries to understand top priorities and concerns as planning begins for the year ahead.
The survey results revealed that 2024 will center on digital transformation and technology adoption within finance departments. More specifically, the top five trends on finance professionals’ radars include: artificial intelligence (AI); remote and hybrid work options; business analytics; fraud concerns; and real-time payments (RTP).
“Keeping a steady pulse on which areas finance professionals are planning to invest in for the future is key to understanding how the finance function and our customers will evolve,” said Dan Drees, President of AvidXchange. “In today’s modern business landscape, it’s important to understand the main concerns and priorities of finance departments as they look to adapt to market changes and deliver superior services to stakeholders.”
Highlights from the report include:
To learn more, visit: https://www.avidxchange.com/resources/2024-finance-trends/
Additionally, AvidXchange, Inc. is a licensed money transmitter for US B2B payments, licensed as a Money Transmitter by the New York State Department of Financial Services, as well as all other states that require AvidXchange to have a license.
To learn more about how AvidXchange, and its publicly traded parent AvidXchange Holdings, Inc. (Nasdaq: AVDX), are transforming the way companies pay their bills, visit www.AvidXchange.com.
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