target audience: TECH SUPPLIER Publication date: Dec 2023 - Document type: Market Presentation - Doc Document number: # EUR151427523
The Future of the Transaction
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Abstract
This IDC Market Presentation explains how legislation, the need for operational efficiency, and wider process digitalization are forcing change in the way organizations transact with one another. The way business-to-business (B2B) transactions are executed is changing, following decades during which paper and paper-based thinking has persisted. Now, e-invoices and digital networks are set to connect accounts payable and accounts receivable applications, increasing efficiency and accuracy. Meanwhile, transactions will become enriched with an array of additional data, particularly those related to sustainability.