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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.

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