--- title: 6 Ways a Digitized Accounts Payable Function Benefits CFOs description: Accounts payable has long been the bane of global finance operations, and the pandemic has only heightened AP frustrations. image: https://test.transcepta.com/hubfs/transcepta/Imported_Blog_Media/CFODive.jpg --- ![client-icon](https://2721148.fs1.hubspotusercontent-na1.net/hubfs/2721148/transcepta-2025/images/client-icon.svg) [ Supplier Login ](https://supplier1.transcepta.com/SupplierPortal/login) ![Question](https://test.transcepta.com/hubfs/transcepta/transcepta-2025/images/Question.svg) [ Supplier Help ](http://help.transcepta.com/) [![TR-Logo](https://test.transcepta.com/hubfs/transcepta/Imported%20images/TR-Logo.svg) ](https://test.transcepta.com/) [ Request Demo ](https://test.transcepta.com/contact) All Posts # 6 Ways a Digitized Accounts Payable Function Benefits CFOs Accounts payable has long been the bane of global finance operations, and the pandemic has only heightened AP frustrations. Published on December 1, 2020 Share this post - Copy to clipboard ![copy-link-icon](https://go.smartling.com/hubfs/SmartlingWebsite-WCS/smartling-link.svg) - [![twitter-icon](https://go.smartling.com/hubfs/SmartlingWebsite-WCS/X.svg)](https://twitter.com/share?source=https://test.transcepta.com/blog/digitized-accounts-payable&text=6+Ways+a+Digitized+Accounts+Payable+Function+Benefits+CFOs%20-%20https%3A%2F%2Ftest.transcepta.com%2Fblog%2Fdigitized-accounts-payable) - [![facebook-icon](https://go.smartling.com/hubfs/SmartlingWebsite-WCS/Facebook.svg)](https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Ftest.transcepta.com%2Fblog%2Fdigitized-accounts-payable&title=6+Ways+a+Digitized+Accounts+Payable+Function+Benefits+CFOs&picture=https%3A%2F%2F51566465.fs1.hubspotusercontent-na1.net%2Fhubfs%2F51566465%2Ftranscepta%2FImported_Blog_Media%2FCFODive.jpg&description=Accounts+payable+has+long+been+the+bane+of+global+finance+operations%2C+and+the+pandemic+has+only+heightened+AP+frustrations.) - [![linkedin-icon](https://go.smartling.com/hubfs/SmartlingWebsite-WCS/LinkedIn.svg)](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Ftest.transcepta.com%2Fblog%2Fdigitized-accounts-payable&title=6+Ways+a+Digitized+Accounts+Payable+Function+Benefits+CFOs&summary=Accounts+payable+has+long+been+the+bane+of+global+finance+operations%2C+and+the+pandemic+has+only+heightened+AP+frustrations.) ![CFOLogo](https://test.transcepta.com/hs-fs/hubfs/transcepta/Imported_Blog_Media/CFOLogo.png?width=274&name=CFOLogo.png) CFOs need accurate, timely financial data; an automated AP function is the best way of getting there, Shan Haq, vice president of corporate strategy and development at Transcepta, says. CFOs must always be planning for rare, black swan events with major disruption potential. By definition, these are unpredictable and often unleashed by nature, like hurricanes, fires, and pandemics. Aside from activating your business continuity plan, one can't do much beyond riding them out. But problems originating internally are a totally different ballgame because, at least theoretically, they are controllable. Accounts payable (AP) — and its labor-intensive tasks — have long been the bane of global finance operations, and the pandemic has only heightened AP frustrations. The lack of digitization, or automated invoice processing, is the main driver behind the inefficiencies blowing up AP budgets. [READ MORE](https://www.cfodive.com/news/digitized-accounts-payable-function-Transcepta/589448/) ### Subscribe to newsletter Subscribe to receive the latest blog posts to your inbox every week. By subscribing you agree to with our [Privacy Policy.](https://www.smartling.com/privacy/) ## Related Blogs https://test.transcepta.com/blog/digitized-accounts-payable ![](https://test.transcepta.com/hubfs/transcepta/Imported_Blog_Media/african-businessman-giving-presentation-2025-03-09-18-49-07-utc-1.jpg) ## [AI in the Classroom Starts with the Back Office: Bringing Intelligence to Education Finance](https://test.transcepta.com/blog/ai-in-the-classroom-starts-with-the-back-office-bringing-intelligence-to-education-finance) One of the most popular subjects in education right now is artificial intelligence.The majority of... 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