Global Accounts Receivable & Accounts Payable Automation Market Research Report 2022

Market Analysis and Insights: Global Accounts Receivable & Accounts Payable Automation Market
Accounts Receivable Automation (AR Automation) is the modernisation of accounts receivable processes through automated, electronic systems to reduce repetitive and time-consuming tasks.
Accounts Payable Automation (AP Automation) refers to technology that is used to streamline and automate accounts payable processes, removing manual tasks and providing better visibility and control over important financial data.
The global Accounts Receivable & Accounts Payable Automation market size is projected to reach US$ 4939.7 million by 2028, from US$ 2548 million in 2021, at a CAGR of 9.8% during 2022-2028.
Global Accounts Receivable & Accounts Payable Automation key players include Sage, AvidXchange, Bill.com, etc. Global top three manufacturers hold a share about 20%.
Americas is the largest market, with a share about 50%, followed by Asia-Pacific and Europe, both have a share over 45 percent.
In terms of product, Cloud-based is the largest segment, with a share over 80%. And in terms of application, the largest application is SMEs, followed by Large Enterprises.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Accounts Receivable & Accounts Payable Automation market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Accounts Receivable & Accounts Payable Automation market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Accounts Receivable & Accounts Payable Automation market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Accounts Receivable & Accounts Payable Automation market.
Global Accounts Receivable & Accounts Payable Automation Scope and Market Size
Accounts Receivable & Accounts Payable Automation market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Accounts Receivable & Accounts Payable Automation market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Cloud-based
On-premises
Segment by Application
SMEs
Large Enterprises
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
SAP Ariba
Beanworks
Sage
Xero
Tipalti
Freshbooks
Stampli
MineralTree
AvidXchange
FinancialForce
Bill.com
PaySimple
BlueSnap (Armatic)
Oracle
Nvoicepay
Esker
SutiSoft
Emburse (Chrome River)
Zycus
FIS
Bottomline Technologies
Coupa Software
Comarch
Vanguard Systems
Procurify

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