U.S. Retailers Turn to Automation for Finance Efficiency
New York, Friday, 5 September 2025.
On September 5, 2025, U.S. retailers are increasingly adopting AP and AR automation to streamline invoice processing and improve cash flow, enhancing supplier and customer relationships.
A Growing Trend in Retail Finance
As of September 5, 2025, the adoption of AP and AR automation by U.S. retailers marks a significant shift in financial management strategies. Retailers are increasingly focusing on these technologies to address inefficiencies in invoice processing and cash flow management. The automation tools provide substantial benefits such as reduced errors, accelerated invoice processing times, and enhanced real-time visibility into financial operations [1][2].
Key Drivers and Benefits
Retailers are motivated by the promise of up to 30% faster cash flow and a 25% improvement in on-time payments, which are critical for maintaining strong supplier relationships. Additionally, automation offers a 20% reduction in processing costs and 90% task automation, leading to enhanced accuracy in cash applications [1][2]. These improvements are driving retailers to adopt automation as a standard practice in their financial operations.
IBN Technologies’ Role in Automation
IBN Technologies stands out as a key player in this transformation, providing end-to-end AP and AR automation solutions tailored for retail businesses. Their solutions automate invoice capture, validation, matching, and payment workflows, streamlining customer invoicing and cash flow analysis [1][2]. By leveraging these solutions, retailers are able to manage high volumes of invoices and payments efficiently, minimizing errors and accelerating financial processes.
Future Outlook and Challenges
Looking forward, the retail sector is expected to see widespread adoption of AP and AR automation as companies seek to enhance operational resilience and make smarter financial decisions. However, challenges such as limited accounting expertise and the complexity of integrating new automation tools remain. Addressing these issues will be crucial for maximizing the benefits of automation in retail finance [1][2].