Accounts Payable Automation Market is projected to reach US$ 5.1 billion by 2031 | Major Companies - SAP Ariba, Tipalti, Zycus, Sage Software, FreshBooks

Market Size and Growth:

The Global Accounts Payable Automation Market size 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.

The Accounts Payable Automation Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Accounts Payable Automation Market refers to the industry focused on software and technologies that streamline, digitize, and optimize the accounts payable process. It includes solutions for invoice processing, payment approvals, expense tracking, and vendor management. By reducing manual tasks, errors, and processing time, these automation tools enhance operational efficiency, compliance, and financial visibility for organizations across industries.

Recent Key Developments of United States:

✅ November 2025: Bill.com extended integrations with major U.S. banks for "One-Click Supplier Payment," streamlining invoice receipt to bank transfer in a single workflow for SMBs and boosting vendor satisfaction.

✅ November 2025: Tipalti introduced the AI-powered "Payable Detect" engine for U.S. mid-market customers, which detects duplicate invoices, unusual payment patterns, and automates exception routing to strengthen fraud prevention.

✅ November 2025: SAP launched its "Real-Time AP Flow" module in its cloud ERP platform, enabling auto-matching of multi-currency invoices and instant payment scheduling to reduce days-payable-outstanding and enhance working capital visibility.

Recent Key Developments of Europe:

✅ July 2025: European organizations adopted e-invoicing-compliant AP automation systems to meet expanding digital tax and compliance mandates across the region.
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✅ June 2025: Finance teams implemented automated three-way matching for purchase orders, invoices, and receipts to improve audit readiness and regulatory adherence.|
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✅ May 2025: AP software providers enhanced multi-currency and cross-border payment automation to support pan-European operations efficiently.​

List of the Key Players in the Accounts Payable Automation Market:

SAP Ariba
Tipalti
Zycus
Sage Software
Bottomline Technologies
Coupa Software
FreshBooks
FIS
FinancialForce
Vanguard Systems

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Accounts Payable Automation Market:

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:

⇥ 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)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Accounts Payable Automation market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Accounts Payable Automation Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Accounts Payable Automation market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Accounts Payable Automation Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

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