AP/AR Automation Global Market Report 2024

Global AP/AR Automation Market Report 2024

AP/AR Automation Global Market Report 2024 – By Component (Invoice Management, Electronic Purchase Order, E-Invoicing, Approval and Workflow, ERP Integration, Electronic Payment, Analysis and Reporting, Services), By Organization Type (Large, Small and Medium Enterprises (SMEs)), By End User (Banking, financial services and insurance (BFSI), Manufacturing, Energy and Utilities, Construction, Food and Beverages, Consumer Goods and Retail, IT and Telecom, Healthcare, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

Name: AP/AR Automation Global Market Report 2024
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AP/AR Automation Global Market Report 2024

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AP/AR Automation Market Definition

AP/AR automation refers to a method for minimizing human involvement and getting rid of risky tasks from the trade payables or accounts payables process by utilizing accounts payable software connected with a digital trading partner network.

The main components of AP/AR automation are invoice management, electronic purchase orders, e-invoicing, approval and workflow, ERP integration, electronic payment, analysis and reporting, and services. Solutions in AP/AR automation refer to the automated process from invoice capture through payment processing where bills are received digitally (and stay that way throughout the process), and data is automatically and smartly collected. The various organizations involved are large and small and medium enterprises that are used by several end users such as banking, financial services and insurance (BFSI), manufacturing, energy and utilities, construction, food and beverages, consumer goods and retail, it and telecom, healthcare, others.

AP/AR Automation Market Segmentation

The ap/ar automation market covered in this report is segmented –

1) By Component: Invoice Management, Electronic Purchase Order, E-Invoicing, Approval and Workflow, ERP Integration, Electronic Payment, Analysis and Reporting, Services

2) By Organization Type: Large, Small and Medium Enterprises (SMEs)

3) By End User: Banking, financial services and insurance (BFSI), Manufacturing, Energy and Utilities, Construction, Food and Beverages, Consumer Goods and Retail, IT and Telecom, Healthcare, Other End Users

Global AP/AR Automation Market Size 2023 to 2028: Graph

AP/AR Automation Market Size 2024 And Growth Rate

The ap/ar automation market size has grown strongly in recent years. It will grow from $2.24 billion in 2023 to $2.46 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to paper-based process inefficiencies, manual data entry challenges, invoice processing complexity, cost reduction goals, growing transaction volumes, need for real-time visibility, vendor and customer expectations, data security concerns.

AP/AR Automation Market Growth Forecast

The ap/ar automation market size is expected to see strong growth in the next few years. It will grow to $3.54 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to advanced analytics for financial insights, mobile accessibility, enhanced user experience, integration with payment gateways, continuous compliance management, improved accuracy in financial reporting. Major trends in the forecast period include end-to-end process automation, integration with erp systems, advanced data extraction techniques, supplier collaboration portals, focus on fraud prevention, predictive analytics for cash flow optimization, automated payment processing, real-time reporting and dashboards.

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AP/AR Automation Market Driver: Rising Demand For Automated And Secured Payable Processes Fuels Growth In The Ap/Ar Automation Market

The increase in demand for automated and secured payable processes is expected to propel the growth of the AP/AR automation market going forward. The automated and secured payable process refers to a method for minimizing human involvement and getting rid of risky tasks from the trade payables or accounts payables process. AP/AR automation reduces the amount of data entry required and speeds up other procedures such as payments and invoice matching, and reduces hard expenditures including document storage, postage, and other expenses. For instance, according to a Future Payables Process study conducted in the UK among 160 accounts payable professionals from 12 countries by The Institute of Financial Operations and Leadership (IFOL), a UK-based educational institute within financial operations, 5% more respondents from 2021 believed their department would be totally automated within the next 6–12 months compared to the results from previous year. Therefore, increasing demand for automated and secured payable processes is expected to propel the demand of the AP/AR automation market.

AP/AR Automation Market Driver: Rising Trading Activities Are Driving Growth In The Ap/Ar Automation Market

The rising trading activities are expected to propel the growth of the AP/AR automation market going forward. Trading activities encompass the buying and selling of financial instruments, such as stocks, bonds, currencies, and commodities, with the aim of generating profits in financial markets. The demand for streamlined and efficient Accounts Payable (AP) and Accounts Receivable (AR) processes has intensified as businesses expand globally and engage in higher volumes of transactions. Automation in these financial workflows enables organizations to handle increased trading activities with enhanced speed and accuracy, reducing the risk of errors and optimizing operational efficiency. The need for quicker invoice processing, improved cash flow management, and the ability to adapt to diverse and evolving financial ecosystems further underscore the pivotal role of AP/AR automation solutions in meeting the demands of a dynamic and expanding trading landscape. For instance, according to Statistics of Poland, the survey evaluated 52 businesses engaged in factoring trading operations in 2021. The surveyed companies' total number of purchased invoices climbed by 17.0% over the prior year, and their total value of acquired receivables increased by 29.4%. Customers that use factoring services have climbed by 24.7%. Therefore, the rising trading activities are expected to propel the growth of the AP/AR automation market.

Global AP/AR Automation Market Major Players

Major companies operating in the ap/ar automation market report are AvidXchange Holdings Inc., Bill.com Holdings Inc., Bottomline Technologies Inc., Coupa Software Inc., FinancialForce Inc., 2ndSite Inc., Nvoicepay Inc., The Sage Group plc, Oracle Corporation, SAP SE, Kofax Inc., YayPay Inc., SK Global Software LLC, Comarch SA, Paysimple Private Limited, Armatic Technologies Inc., Fidelity National Information Services Inc., Tipalti Inc., Zycus Inc., Esker Inc., HighRadius Corporation, Yooz Inc., MineralTree Inc., Versapay Corporation, Anybill Inc., Beanworks Solutions Inc., Corcentric LLC, Dooap Inc., Goby Inc., Medius AB, Stampli Inc., Tradeshift Inc., Workday Inc., Xero Limited, Zervant Oyj, BlackLine Inc., Concur Technologies Inc., Coupa Software Holdings LLC

Global AP/AR Automation Market Trend: Technological Advancements In Ap/Ar Automation

Technological advancements are a key trend gaining popularity in the AP/AR automation market. Major companies operating in the AP/AR market are focused on introducing innovative and technologically advanced products to sustain their position in the market. For instance, in August 2023, Financial Software & Systems (FSS), an India-based global payment systems company launched Blaze. This is a revolutionary payments technology platform that was created specifically to meet the requirements of financial organizations and banks. Blaze gives banks and other financial institutions the ability to provide their clients with cutting-edge and unique payment experiences. This platform's characteristics, including its scalability, security, and adaptability, make it well-positioned to lead the way for the next wave of payment technologies. The payments technology platform enables banks to get higher TPS, in line with the nation's growing embrace of digital commerce.

Global AP/AR Automation Market Trend: Increasing Focus On Product Innovations To Provide Reliable Services To Their Customers

Major companies operating in the AP/AR automation market are focusing on innovative products, such as accounts receivable tool, to drive revenues in their market. An accounts receivable tool, is a specialized financial software or solution designed to streamline and manage the accounts receivable process within a business. For instance, in June 2023, Unanet, a US-based company that specializes in providing project-based enterprise resource planning (ERP) and professional services automation (PSA) solutions, launched an accounts receivable tool. The accounts receivable tool is used by clients in the engineering and architecture fields. Automation features for AR improve the visibility and accuracy of collections while reducing manual tasks such as printing and sending invoices. Customers can now pay their invoices more easily by using ACH or credit cards.

AP/AR Automation Market Merger And Acquisition: Fleetcor Technologies Expands Payment Solutions Portfolio With Acquisition Of Accrualify Inc.

In August 2022, FLEETCOR Technologies Inc., a US-based provider of fuel cards and workforce payment products and services acquired Accrualify Inc. for an undisclosed amount. This acquisition is expected to enhance the capabilities of FLEETCOR's payments platform and broaden the range of payment solutions it offers. This deal would help FLEETCOR Technologies in completing the process to execution AP payment solution set by offering the workflow and process automation software that AP departments need. Acrualify Inc. is an India-based accounts payable (AP) automation software company that offers cloud-based automation solutions.

Regional Outlook For The Global AP/AR Automation Market

Asia-Pacific was the largest region in the AP/AR automation market in 2023. The regions covered in the ap/ar automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the ap/ar automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The AP/AR automation market includes revenues earned by entities by AP/ AR solutions that are used to improve customer/supplier connections, automate cash flow management, and minimize mistakes and inefficiencies. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The AP/AR automation market research report is one of a series of new reports from The Business Research Company that provides AP/AR automation market statistics, including AP/AR automation industry global market size, regional shares, competitors with AP/AR automation market share, detailed AP/AR automation market segments, market trends, and opportunities, and any further data you may need to thrive in the AP/AR automation industry. This AP/AR automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

AP/AR Automation Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$2.46 billion
Revenue Forecast In 2033	$3.54 billion
Growth Rate	CAGR of 9.6% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Component: Invoice Management, Electronic Purchase Order, E-Invoicing, Approval and Workflow, ERP Integration, Electronic Payment, Analysis and Reporting, Services 2) By Organization Type: Large, Small and Medium Enterprises (SMEs) 3) By End User: Banking, financial services and insurance (BFSI), Manufacturing, Energy and Utilities, Construction, Food and Beverages, Consumer Goods and Retail, IT and Telecom, Healthcare, Other End Users
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	AvidXchange Holdings Inc.; Bill.com Holdings Inc.; Bottomline Technologies Inc.; Coupa Software Inc.; FinancialForce Inc.; 2ndSite Inc.; Nvoicepay Inc.; The Sage Group PLC; Oracle Corporation; SAP SE; Kofax Inc.; YayPay Inc.; SK Global Software LLC; Comarch SA; Paysimple Private Limited; Armatic Technologies Inc.; Fidelity National Information Services Inc.; Tipalti Inc.; Zycus Inc.; Esker Inc.; HighRadius Corporation; Yooz Inc.; MineralTree Inc.; Versapay Corporation; Anybill Inc.; Beanworks Solutions Inc.; Corcentric LLC; Dooap Inc.; Goby Inc.; Medius AB; Stampli Inc.; Tradeshift Inc.; Workday Inc.; Xero Limited; Zervant Oyj; BlackLine Inc.; Concur Technologies Inc.; Coupa Software Holdings LLC
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. AP/AR Automation Market Characteristics

3. AP/AR Automation Market Trends And Strategies

4. AP/AR Automation Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global AP/AR Automation Market Size and Growth

5.1. Global AP/AR Automation Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global AP/AR Automation Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global AP/AR Automation Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. AP/AR Automation Market Segmentation

6.1. Global AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Invoice Management

Electronic Purchase Order

E-Invoicing

Approval and Workflow

ERP Integration

Electronic Payment

Analysis and Reporting

Services

6.2. Global AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Large

Small and Medium Enterprises (SMEs)

6.3. Global AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Banking, financial services and insurance (BFSI)

Manufacturing

Energy and Utilities

Construction

Food and Beverages

Consumer Goods and Retail

IT and Telecom

Healthcare

Other End Users

7. AP/AR Automation Market Regional And Country Analysis

7.1. Global AP/AR Automation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global AP/AR Automation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific AP/AR Automation Market

8.1. Asia-Pacific AP/AR Automation Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China AP/AR Automation Market

9.1. China AP/AR Automation Market Overview

9.2. China AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India AP/AR Automation Market

10.1. India AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan AP/AR Automation Market

11.1. Japan AP/AR Automation Market Overview

11.2. Japan AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia AP/AR Automation Market

12.1. Australia AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia AP/AR Automation Market

13.1. Indonesia AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea AP/AR Automation Market

14.1. South Korea AP/AR Automation Market Overview

14.2. South Korea AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe AP/AR Automation Market

15.1. Western Europe AP/AR Automation Market Overview

15.2. Western Europe AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK AP/AR Automation Market

16.1. UK AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany AP/AR Automation Market

17.1. Germany AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France AP/AR Automation Market

18.5. France AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.6. France AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.7. France AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy AP/AR Automation Market

19.9. Italy AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.10. Italy AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.11. Italy AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain AP/AR Automation Market

20.13. Spain AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.14. Spain AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.15. Spain AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe AP/AR Automation Market

21.1. Eastern Europe AP/AR Automation Market Overview

21.2. Eastern Europe AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia AP/AR Automation Market

22.1. Russia AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America AP/AR Automation Market

23.1. North America AP/AR Automation Market Overview

23.2. North America AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA AP/AR Automation Market

24.1. USA AP/AR Automation Market Overview

24.2. USA AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada AP/AR Automation Market

25.1. Canada AP/AR Automation Market Overview

25.2. Canada AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America AP/AR Automation Market

26.1. South America AP/AR Automation Market Overview

26.2. South America AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil AP/AR Automation Market

27.1. Brazil AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East AP/AR Automation Market

28.1. Middle East AP/AR Automation Market Overview

28.2. Middle East AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa AP/AR Automation Market

29.1. Africa AP/AR Automation Market Overview

29.2. Africa AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. AP/AR Automation Market Competitive Landscape And Company Profiles

30.1. AP/AR Automation Market Competitive Landscape

30.2. AP/AR Automation Market Company Profiles

30.2.1. AvidXchange Holdings Inc.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Bill.com Holdings Inc.

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Bottomline Technologies Inc.

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Coupa Software Inc.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. FinancialForce Inc.

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global AP/AR Automation Market Competitive Benchmarking

32. Global AP/AR Automation Market Competitive Dashboard

33. Key Mergers And Acquisitions In The AP/AR Automation Market

34. AP/AR Automation Market Future Outlook and Potential Analysis

34.1 AP/AR Automation Market In 2028 - Countries Offering Most New Opportunities

34.2 AP/AR Automation Market In 2028 - Segments Offering Most New Opportunities

34.3 AP/AR Automation Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global AP/AR Automation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global AP/AR Automation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: AvidXchange Holdings Inc. Financial Performance

Table 75: Bill.com Holdings Inc. Financial Performance

Table 76: Bottomline Technologies Inc. Financial Performance

Table 77: Coupa Software Inc. Financial Performance

Table 78: FinancialForce Inc. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global AP/AR Automation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global AP/AR Automation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, AP/AR Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, AP/AR Automation Market, Segmentation By Organization Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, AP/AR Automation Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: AvidXchange Holdings Inc. Financial Performance

Figure 75: Bill.com Holdings Inc. Financial Performance

Figure 76: Bottomline Technologies Inc. Financial Performance

Figure 77: Coupa Software Inc. Financial Performance

Figure 78: FinancialForce Inc. Financial Performance

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Frequently Asked Questions

What is the definition of the AP/AR automation market?

How will the AP/AR automation market drivers and restraints affect the AP/AR automation market dynamics? What forces will shape the AP/AR automation industry going forward?

The AP/AR automation market major growth driver - rising demand for automated and secured payable processes fuels growth in the AP/AR automation market. For further insights on the AP/AR automation market, request a sample here

What is the forecast market size or the forecast market value of the AP/AR automation market ?

The AP/AR automation market size has grown strongly in recent years. It will grow from $2.24 billion in 2023 to $2.46 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to paper-based process inefficiencies, manual data entry challenges, invoice processing complexity, cost reduction goals, growing transaction volumes, need for real-time visibility, vendor and customer expectations, data security concerns. The AP/AR automation market size is expected to see strong growth in the next few years. It will grow to $3.54 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to advanced analytics for financial insights, mobile accessibility, enhanced user experience, integration with payment gateways, continuous compliance management, improved accuracy in financial reporting. Major trends in the forecast period include end-to-end process automation, integration with erp systems, advanced data extraction techniques, supplier collaboration portals, focus on fraud prevention, predictive analytics for cash flow optimization, automated payment processing, real-time reporting and dashboards. For further insights on the AP/AR automation market, request a sample here

How is the AP/AR automation market segmented?

The AP/AR automation market is segmentedThe AP/AR automation market covered in this report is segmented –
1) By Component: Invoice Management, Electronic Purchase Order, E-Invoicing, Approval and Workflow, ERP Integration, Electronic Payment, Analysis and Reporting, Services
2) By Organization Type: Large, Small and Medium Enterprises (SMEs)
3) By End User: Banking, financial services and insurance (BFSI), Manufacturing, Energy and Utilities, Construction, Food and Beverages, Consumer Goods and Retail, IT and Telecom, Healthcare, Other End UsersFor further insights on the AP/AR automation market, request a sample here

Which region has the largest share of the AP/AR automation market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the AP/AR automation market in 2023. The regions covered in the AP/AR automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the AP/AR automation market, request a sample here.

Who are the major players in the AP/AR automation market?

Major companies operating in the AP/AR automation market report are AvidXchange Holdings Inc., Bill.com Holdings Inc., Bottomline Technologies Inc., Coupa Software Inc., FinancialForce Inc., 2ndSite Inc., Nvoicepay Inc., The Sage Group plc, Oracle Corporation, SAP SE, Kofax Inc., YayPay Inc., SK Global Software LLC, Comarch SA, Paysimple Private Limited, Armatic Technologies Inc., Fidelity National Information Services Inc., Tipalti Inc., Zycus Inc., Esker Inc., HighRadius Corporation, Yooz Inc., MineralTree Inc., Versapay Corporation, Anybill Inc., Beanworks Solutions Inc., Corcentric LLC, Dooap Inc., Goby Inc., Medius AB, Stampli Inc., Tradeshift Inc., Workday Inc., Xero Limited, Zervant Oyj, BlackLine Inc., Concur Technologies Inc., Coupa Software Holdings LLC For further insights on the AP/AR automation market, request a sample here.

What are the key trends in the AP/AR automation market?

Major trend in the AP/AR automation market - technological advancements in AP/AR automation. For further insights on the AP/AR automation market, request a sample here.

What are the major opportunities in the AP/AR automation market? What are the strategies for the AP/AR automation market?

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How does the AP/AR automation market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the AP/AR automation industry?

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What are the key dynamics influencing the AP/AR automation market growth? SWOT analysis of the AP/AR automation market.

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