Accounts Payable Trends to Watch Out for in 2022

The past year was a transitional period for many companies. While some office operations have returned to normal, there are still many challenges brought about by the pandemic. Learning to operate in this new environment has forced companies to adopt innovative and flexible approaches to processes such as Accounts Payable (AP).

With the end of the year approaching, this is an ideal time to take a look at how AP has changed over the past twelve months and look at how organizations can best achieve success in their financial managements in 2022.

Remote and hybrid will always be

The COVID-19 crisis may have accelerated the adoption of remote and mixed work around the world, but the concept has been gaining attention before. Based on StatisticsThe trend has accelerated during the crisis, and indications are that it will continue to grow.

according to One In the study, 62% of employees aged 22 to 65 worked remotely at least occasionally during 2021. It also found that 80% of respondents expect to work from home at least three days a week once the pandemic is over.

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