oboloo Glossary

Accounts Payable Trends

oboloo Glossary

Accounts Payable Trends

Accounts Payable Trends is a term used to analyze and track historic expense patterns to gain insight into an organization’s financial health. By studying these trends, businesses can identify where expenses are increasing or decreasing over time as well as uncover opportunities for cost savings. Knowing their AP trends gives companies the opportunity to make informed decisions about their short- and long-term business strategies. This knowledge can help them better manage their cash flow, improve operational efficiency, and increase profits.