Report overview
The global Accounts Payable Software Platforms market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is to reach $ Million.
Cloud-based Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Accounts Payable Software Platforms include Epicor, FreshBooks, Lightyear, Microsoft Dynamics 365, NetSuite, Oracle EPM Cloud, QuickBooks Online, Sage Intacct and SAP, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Accounts payable (AP) software is designed to automate business payment processes from start to finish by leveraging sets of instructions that are customized to each business process. The software filters, categorizes, matches, and validates critical accounting information that is then pushed through the accounting system to be recorded.
This report aims to provide a comprehensive presentation of the global market for Accounts Payable Software Platforms, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Accounts Payable Software Platforms. This report contains market size and forecasts of Accounts Payable Software Platforms in global, including the following market information:
Global Accounts Payable Software Platforms Market Revenue, 2020-2024, 2025-2030, ($ millions)
Global top five companies in 2023 (%)
We surveyed the Accounts Payable Software Platforms companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Accounts Payable Software Platforms Market, by Type, 2020-2024, 2025-2030 ($ millions)
Global Accounts Payable Software Platforms Market Segment Percentages, by Type, 2023 (%)
Cloud-based
On-premises
Global Accounts Payable Software Platforms Market, by Application, 2020-2024, 2025-2030 ($ millions)
Global Accounts Payable Software Platforms Market Segment Percentages, by Application, 2023 (%)
SMEs
Large Enterprises
Global Accounts Payable Software Platforms Market, By Region and Country, 2020-2024, 2025-2030 ($ Millions)
Global Accounts Payable Software Platforms Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Accounts Payable Software Platforms revenues in global market, 2020-2024 (estimated), ($ millions)
Key companies Accounts Payable Software Platforms revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Epicor
FreshBooks
Lightyear
Microsoft Dynamics 365
NetSuite
Oracle EPM Cloud
QuickBooks Online
Sage Intacct
SAP
Stampli
Tipalti
Xero
Outline of Major Chapters:
Chapter 1: Introduces the definition of Accounts Payable Software Platforms, market overview.
Chapter 2: Global Accounts Payable Software Platforms market size in revenue.
Chapter 3: Detailed analysis of Accounts Payable Software Platforms company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Accounts Payable Software Platforms in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.