Global Accounts Payable Software Platforms Industry

2023-2029 Global Accounts Payable Software Platforms Industry Research & Trends Analysis Report

Global Accounts Payable Software Platforms Industry

2023-2029 Global Accounts Payable Software Platforms Industry Research & Trends Analysis Report


Insights into the Accounts Payable Software Platforms Market include supply chain optimization, Accounts Payable Software Platforms challenges, and growth forecasts segmented by region and service type.

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According to the latest research analysis,the global market for Accounts Payable Software Platforms should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.

China Accounts Payable Software Platforms market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.

The United States Accounts Payable Software Platforms market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.

In terms of type, Cloud-based segment holds a share about % in 2022 and will reach % in 2029; while in terms of application, SMEs has a share approximately % in 2022 and will grow at a CAGR % during 2023 and 2029.


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 2022, the global top five players hold 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 study of the global market for Accounts Payable Software Platforms.
Data-Driven Insights: Highlights from Our Report

(1) Global Accounts Payable Software Platforms market size (value), history data from 2018-2022 and forecast data from 2023 to 2029.

(2) Global Accounts Payable Software Platforms market competitive situation, revenue and market share, from 2018 to 2022.

(3) China Accounts Payable Software Platforms market competitive situation, revenue and market share, from 2018 to 2022.

(4) Global Accounts Payable Software Platforms segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.

(5) Global Accounts Payable Software Platforms segment by type and by application and regional segment by type and by application.

(6) Accounts Payable Software Platforms industry supply chain, upstream, midstream and downstream analysis.


Breaking Down Market Segments by Region: A Deep Dive Analysis

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa


Understanding Market Segments by Type: A Comparative Analysis

Cloud-based

On-premises


Market Segmentation by Application: Dividing Key Markets and Identifying Opportunities

SMEs

Large Enterprises


Understanding Market Segments by Key Players: Insights and Opportunities

Epicor

FreshBooks

Lightyear

Microsoft Dynamics 365

NetSuite

Oracle EPM Cloud

QuickBooks Online

Sage Intacct

SAP

Stampli

Tipalti

Xero

1 Market Overview

1.1 Product Overview and Scope of Accounts Payable Software Platforms

1.2 Global Accounts Payable Software Platforms Market Size and Forecast

1.3 China Accounts Payable Software Platforms Market Size and Forecast

1.4 China Market Percentage in Global

1.4.1 By Revenue, China Accounts Payable Software Platforms Share in Global Market, 2018-2029

1.4.2 Accounts Payable Software Platforms Market Size: China VS Global, 2018-2029

1.5 Accounts Payable Software Platforms Market Dynamics

1.5.1 Accounts Payable Software Platforms Market Drivers

1.5.2 Accounts Payable Software Platforms Market Restraints

1.5.3 Accounts Payable Software Platforms Industry Trends

1.5.4 Accounts Payable Software Platforms Industry Policy

2 Global Competitive Situation by Company

2.1 Global Accounts Payable Software Platforms Revenue by Company (2018-2023)

2.2 Global Accounts Payable Software Platforms Participants, Market Position (Tier 1, Tier 2 and Tier 3)

2.3 Global Accounts Payable Software Platforms Concentration Ratio

2.4 Global Accounts Payable Software Platforms Mergers & Acquisitions, Expansion Plans

2.5 Global Accounts Payable Software Platforms Manufacturers Product Type

3 China Competitive Situation by Company

3.1 China Accounts Payable Software Platforms Revenue by Company (2018-2023)

3.2 China Accounts Payable Software Platforms Accounts Payable Software Platforms Participants, Market Position (Tier 1, Tier 2 and Tier 3)

3.3 China Accounts Payable Software Platforms, Revenue Percentage of Local Players VS Foreign Manufacturers (2018-2023)

4 Industry Chain Analysis

4.1 Accounts Payable Software Platforms Industry Chain

4.2 Accounts Payable Software Platforms Upstream Analysis

4.3 Accounts Payable Software Platforms Midstream Analysis

4.4 Accounts Payable Software Platforms Downstream Analysis

5 Sights by Type

5.1 Accounts Payable Software Platforms Classification

5.1.1 Cloud-based

5.1.2 On-premises

5.2 By Type, Global Accounts Payable Software Platforms Market Size & CAGR, 2018 VS 2022 VS 2029

5.3 By Type, Global Accounts Payable Software Platforms Revenue, 2018-2029

6 Sights by Application

6.1 Accounts Payable Software Platforms Segment by Application

6.1.1 SMEs

6.1.2 Large Enterprises

6.2 By Application, Global Accounts Payable Software Platforms Market Size & CAGR, 2018 VS 2022 VS 2029

6.3 By Application, Global Accounts Payable Software Platforms Revenue, 2018-2029

7 Sales Sights by Region

7.1 By Region, Global Accounts Payable Software Platforms Market Size, 2018 VS 2022 VS 2029

7.2 By Region, Global Accounts Payable Software Platforms Market Size, 2018-2029

7.3 North America

7.3.1 North America Accounts Payable Software Platforms Market Size & Forecasts, 2018-2029

7.3.2 By Country, North America Accounts Payable Software Platforms Market Size Market Share

7.4 Europe

7.4.1 Europe Accounts Payable Software Platforms Market Size & Forecasts, 2018-2029

7.4.2 By Country, Europe Accounts Payable Software Platforms Market Size Market Share

7.5 Asia Pacific

7.5.1 Asia Pacific Accounts Payable Software Platforms Market Size & Forecasts, 2018-2029

7.5.2 By Country/Region, Asia Pacific Accounts Payable Software Platforms Market Size Market Share

7.6 South America

7.6.1 South America Accounts Payable Software Platforms Market Size & Forecasts, 2018-2029

7.6.2 By Country, South America Accounts Payable Software Platforms Market Size Market Share

7.7 Middle East & Africa

8 Sights by Country Level

8.1 By Country, Global Accounts Payable Software Platforms Market Size & CAGR，2018 VS 2022 VS 2029

8.2 By Country, Global Accounts Payable Software Platforms Market Size, 2018-2029

8.3 U.S.

8.3.1 U.S. Accounts Payable Software Platforms Market Size, 2018-2029

8.3.2 By Company, U.S. Accounts Payable Software Platforms Revenue Market Share, 2018-2023

8.3.3 By Type, U.S. Accounts Payable Software Platforms Revenue Market Share, 2022 VS 2029

8.3.4 By Application, U.S. Accounts Payable Software Platforms Revenue Market Share, 2022 VS 2029

8.4 Europe

8.4.1 Europe Accounts Payable Software Platforms Market Size, 2018-2029

8.4.2 By Company, Europe Accounts Payable Software Platforms Revenue Market Share, 2018-2023

8.4.3 By Type, Europe Accounts Payable Software Platforms Revenue Market Share, 2022 VS 2029

8.4.4 By Application, Europe Accounts Payable Software Platforms Revenue Market Share, 2022 VS 2029

8.5 China

8.5.1 China Accounts Payable Software Platforms Market Size, 2018-2029

8.5.2 By Company, China Accounts Payable Software Platforms Revenue Market Share, 2018-2023

8.5.3 By Type, China Accounts Payable Software Platforms Revenue Market Share, 2022 VS 2029

8.5.4 By Application, China Accounts Payable Software Platforms Revenue Market Share, 2022 VS 2029

8.6 Japan

8.6.1 Japan Accounts Payable Software Platforms Market Size, 2018-2029

8.6.2 By Company, Japan Accounts Payable Software Platforms Revenue Market Share, 2018-2023

8.6.3 By Type, Japan Accounts Payable Software Platforms Revenue Market Share, 2022 VS 2029

8.6.4 By Application, Japan Accounts Payable Software Platforms Revenue Market Share, 2022 VS 2029

8.7 South Korea

8.7.1 South Korea Accounts Payable Software Platforms Market Size, 2018-2029

8.7.2 By Company, South Korea Accounts Payable Software Platforms Revenue Market Share, 2018-2023

8.7.3 By Type, South Korea Accounts Payable Software Platforms Revenue Market Share, 2022 VS 2029

8.7.4 By Application, South Korea Accounts Payable Software Platforms Revenue Market Share, 2022 VS 2029

8.8 Southeast Asia

8.8.1 Southeast Asia Accounts Payable Software Platforms Market Size, 2018-2029

8.8.2 By Company, Southeast Asia Accounts Payable Software Platforms Revenue Market Share, 2018-2023

8.8.3 By Type, Southeast Asia Accounts Payable Software Platforms Revenue Market Share, 2022 VS 2029

8.8.4 By Application, Southeast Asia Accounts Payable Software Platforms Revenue Market Share, 2022 VS 2029

8.9 India

8.9.1 India Accounts Payable Software Platforms Market Size, 2018-2029

8.9.2 By Company, India Accounts Payable Software Platforms Revenue Market Share, 2018-2023

8.9.3 By Type, India Accounts Payable Software Platforms Revenue Market Share, 2022 VS 2029

8.9.4 By Application, India Accounts Payable Software Platforms Revenue Market Share, 2022 VS 2029

8.10 Middle East & Asia

8.10.1 Middle East & Asia Accounts Payable Software Platforms Market Size, 2018-2029

8.10.2 By Company, Middle East & Asia Accounts Payable Software Platforms Revenue Market Share, 2018-2023

8.10.3 By Type, Middle East & Asia Accounts Payable Software Platforms Revenue Market Share, 2022 VS 2029

8.10.4 By Application, Middle East & Asia Accounts Payable Software Platforms Revenue Market Share, 2022 VS 2029

9 Global Manufacturers Profile

9.1 Epicor

9.1.1 Epicor Company Information, Head Office, Market Area and Industry Position

9.1.2 Epicor Company Profile and Main Business

9.1.3 Epicor Accounts Payable Software Platforms Models, Specifications and Application

9.1.4 Epicor Accounts Payable Software Platforms Revenue and Gross Margin, 2018-2023

9.1.5 Epicor Recent Developments

9.2 FreshBooks

9.2.1 FreshBooks Company Information, Head Office, Market Area and Industry Position

9.2.2 FreshBooks Company Profile and Main Business

9.2.3 FreshBooks Accounts Payable Software Platforms Models, Specifications and Application

9.2.4 FreshBooks Accounts Payable Software Platforms Revenue and Gross Margin, 2018-2023

9.2.5 FreshBooks Recent Developments

9.3 Lightyear

9.3.1 Lightyear Company Information, Head Office, Market Area and Industry Position

9.3.2 Lightyear Company Profile and Main Business

9.3.3 Lightyear Accounts Payable Software Platforms Models, Specifications and Application

9.3.4 Lightyear Accounts Payable Software Platforms Revenue and Gross Margin, 2018-2023

9.3.5 Lightyear Recent Developments

9.4 Microsoft Dynamics 365

9.4.1 Microsoft Dynamics 365 Company Information, Head Office, Market Area and Industry Position

9.4.2 Microsoft Dynamics 365 Company Profile and Main Business

9.4.3 Microsoft Dynamics 365 Accounts Payable Software Platforms Models, Specifications and Application

9.4.4 Microsoft Dynamics 365 Accounts Payable Software Platforms Revenue and Gross Margin, 2018-2023

9.4.5 Microsoft Dynamics 365 Recent Developments

9.5 NetSuite

9.5.1 NetSuite Company Information, Head Office, Market Area and Industry Position

9.5.2 NetSuite Company Profile and Main Business

9.5.3 NetSuite Accounts Payable Software Platforms Models, Specifications and Application

9.5.4 NetSuite Accounts Payable Software Platforms Revenue and Gross Margin, 2018-2023

9.5.5 NetSuite Recent Developments

9.6 Oracle EPM Cloud

9.6.1 Oracle EPM Cloud Company Information, Head Office, Market Area and Industry Position

9.6.2 Oracle EPM Cloud Company Profile and Main Business

9.6.3 Oracle EPM Cloud Accounts Payable Software Platforms Models, Specifications and Application

9.6.4 Oracle EPM Cloud Accounts Payable Software Platforms Revenue and Gross Margin, 2018-2023

9.6.5 Oracle EPM Cloud Recent Developments

9.7 QuickBooks Online

9.7.1 QuickBooks Online Company Information, Head Office, Market Area and Industry Position

9.7.2 QuickBooks Online Company Profile and Main Business

9.7.3 QuickBooks Online Accounts Payable Software Platforms Models, Specifications and Application

9.7.4 QuickBooks Online Accounts Payable Software Platforms Revenue and Gross Margin, 2018-2023

9.7.5 QuickBooks Online Recent Developments

9.8 Sage Intacct

9.8.1 Sage Intacct Company Information, Head Office, Market Area and Industry Position

9.8.2 Sage Intacct Company Profile and Main Business

9.8.3 Sage Intacct Accounts Payable Software Platforms Models, Specifications and Application

9.8.4 Sage Intacct Accounts Payable Software Platforms Revenue and Gross Margin, 2018-2023

9.8.5 Sage Intacct Recent Developments

9.9 SAP

9.9.1 SAP Company Information, Head Office, Market Area and Industry Position

9.9.2 SAP Company Profile and Main Business

9.9.3 SAP Accounts Payable Software Platforms Models, Specifications and Application

9.9.4 SAP Accounts Payable Software Platforms Revenue and Gross Margin, 2018-2023

9.9.5 SAP Recent Developments

9.10 Stampli

9.10.1 Stampli Company Information, Head Office, Market Area and Industry Position

9.10.2 Stampli Company Profile and Main Business

9.10.3 Stampli Accounts Payable Software Platforms Models, Specifications and Application

9.10.4 Stampli Accounts Payable Software Platforms Revenue and Gross Margin, 2018-2023

9.10.5 Stampli Recent Developments

9.11 Tipalti

9.11.1 Tipalti Company Information, Head Office, Market Area and Industry Position

9.11.2 Tipalti Company Profile and Main Business

9.11.3 Tipalti Accounts Payable Software Platforms Models, Specifications and Application

9.11.4 Tipalti Accounts Payable Software Platforms Revenue and Gross Margin, 2018-2023

9.11.5 Tipalti Recent Developments

9.12 Xero

9.12.1 Xero Company Information, Head Office, Market Area and Industry Position

9.12.2 Xero Company Profile and Main Business

9.12.3 Xero Accounts Payable Software Platforms Models, Specifications and Application

9.12.4 Xero Accounts Payable Software Platforms Revenue and Gross Margin, 2018-2023

9.12.5 Xero Recent Developments

10 Conclusion

11 Appendix

11.1 Research Methodology

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Market Estimation Model

11.4 Disclaimer

Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Accounts Payable Software Platforms Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
What is the size of the Accounts Payable Software Platforms Industry?
According to the report, the Accounts Payable Software Platforms Industry will grow to USD XXX Million by 2030, with a YY% CAGR.
What is Accounts Payable Software Platforms Market Concentration Rate?
In addition to the Accounts Payable Software Platforms Market share analysis by competitors, the report also includes chapters on the HHI Index, CR4, and CR8 to characterize the concentration rate and competitive character of the Accounts Payable Software Platforms Market.
What are the top priorities for the growth of the Accounts Payable Software Platforms Market?
In this highly competitive and rapidly evolving Accounts Payable Software Platforms Industry, top strategic priorities such as innovation, diversification, and M&A would remain consistent.