“Lucintel’s latest study found that, The future of the global account payable automation market looks promising with opportunities in the consumer goods and retail, banking, financial services, and insurance (BFSI), IT and telecom, manufacturing, healthcare, and energy and utility sectors. The global account payable automation market is expected to reach an estimated $6.73 billion by 2030 with a CAGR of 11.7% from 2024 to 2030. The major drivers for this market are growing demand for of cloud-based accounts payable automation solutions, rising demand for this system to make data-driven decisions ,and increasing concern regarding payment fraud and delays.
In this market, solution and service are the major segments of account payable automation market by component.
Lucintel forecast that solution is expected to witness highest growth over the forecast period due to increasing corporate demand for IoT-based solutions in financial accounting and invoice analysis.
Browse in depth TOC of the account payable automation Market
100 – Figures
150-Pages
account payable automation Market is marked by presence of several big and small players. SAP Ariba, Sage Software, Tipalti, Freshbooks, Zycus, FIS, Bottomline Technologies , Coupa Software, Comarch, and Financialforce are the major suppliers in the account payable automation market.”
“This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
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Contact Information:
Roy Almaguer Lucintel Dallas, Texas, USA Email: [email protected] Tel. 972.636.5056
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