Press release
United States Accounts Payable Automation Market 2025 | Growth Drivers, Key Players & Investment Opportunities
Market Size and GrowthThe Global Accounts Payable Automation Market reached US$ 2.1 billion in 2022 and is projected to witness lucrative growth by reaching US$ 5.1 billion by 2031. The market is growing at a CAGR of 11.9% during the forecast period 2024-2031.
Key Development:
United States: Recent Industry Developments
✅ In November 2025, SAP announced the launch of its "Real-Time AP Flow" module within its cloud ERP platform, enabling auto-match of multi-currency invoices and instant payment scheduling-aimed at reducing days-payable-outstanding (DPO) and improving working-capital visibility.
✅ In November 2025, Tipalti rolled out its AI-powered "Payable Detect" engine to U.S. mid-market customers, which flags duplicate invoices, unusual payment patterns and automates exception routing-enhancing fraud prevention in AP processes.
✅ In November 2025, Bill.com expanded its integration with major U.S. banks to provide "One-Click Supplier Payment" for SMBs-linking invoice receipt through to bank transfer in a single workflow and improving vendor satisfaction and speed of payments.
Japan: Recent Industry Developments
✅ In November 2025, Fujitsu Limited introduced "AP-Navigator JP", a localized accounts-payable automation service for Japanese enterprises, combining OCR capture, generative AI for approval routing, and e-invoice compliance aligned with Japan's tax authority mandates.
✅ In November 2025, NTT DATA Corporation partnered with Oracle Corporation Japan to deliver a joint "Smart Payables Cloud" solution-targeting Japanese manufacturing and logistics firms by automating invoice processing, integrating supplier portals and cross-border payables workflows.
✅ In November 2025, Hitachi Solutions, Ltd. launched a blockchain-based invoice verification platform for the Japanese AP market, designed to authenticate invoices before payment approval and thereby reduce duplicate payments and audit risk.
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Key Players:
=> SAP Ariba, Tipalti, Zycus, Sage Software, Bottomline Technologies, Coupa Software, FreshBooks, FIS, FinancialForce and Vanguard Systems.
Growth Forecast Projected:
The Global Accounts Payable Automation Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Accounts Payable Automation Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
➥ By Component: Solution, Services, Professional Services, Managed Services
➥ By Deployment Type: On-Premises, Cloud-based
➥ By Industry Vertical: Consumer Goods & Retail, Banking, Financial Services and Insurance (BFSI), Information Technology (IT) and Telecom, Manufacturing, Healthcare, Energy and Utilities, Others
Regional Analysis for Accounts Payable Automation Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among Accounts Payable Automation producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze Accounts Payable Automation revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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FAQ
What is the current size of the Accounts Payable Automation Market?
A: In 2022, the Accounts Payable Automation Market was valued at US$ 2.1 billion, reflecting its strong industry presence.
Q2: How large is the Accounts Payable Automation Market expected to be by 2031?
A: By 2031, industry forecasts suggest the Accounts Payable Automation Market will grow to around US$ 5.1 billion , demonstrating significant expansion.
Q3: What is the growth rate of the Accounts Payable Automation Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 11.9% during the forecast period from 2024 to 2031.
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