Market Guide for Accounts Payable Invoice Automation Solutions

“Gartner forecasts that the spend on the APIA and supplier e-invoicing software markets will be nearly $1.75 billion through 2026, up from approximately $925 million in 2021”

(Market Guide for Accounts Payable Invoice Automation Solutions, 7 August 2023, Micky Keck, Balaji Abbabatulla & Miles Onafowora.)

Discover the Power of Automated Invoice Processing Applications (APIA), with SoftCo named as a Representative Vendor.

This comprehensive guide delves into the intricacies of APIA, shedding light on the challenges and opportunities in the current procurement landscape. From understanding the vast array of AI-first solutions to the strategies for enhancing invoice processing, this report is an essential read for anyone keen on optimizing their Accounts Payable processes.

In this Market Guide, Gartner provides:

• Market Analysis: Scope of APIA and list of different use cases by organizations of various sizes.
• Representative Vendors: List of different vendors in the market and their offerings.
• Market Recommendation: Comprehensive list of invoice-processing capabilities that increase the potential value of APIA.

GARTNER® is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.