Asia Pacific Accounts Payable Automation Market Size, Share & Industry Trends Analysis Report By Component, By Deployment Mode, By Organization Size, By Vertical, By Country and Growth Forecast, 2022

List of Tables

The Asia Pacific Accounts Payable Automation Market would witness market growth of 12.3% CAGR during the forecast period (2022-2028).

Accounts payable processes that are manual and rely on paper may lead to erroneous performance and financial reporting and keep team members from concentrating on higher-value tasks that might boost the bottom line. Moreover, inefficiencies brought on by human mistakes might lead to lost opportunities (like discounts for paying bills early) and erroneous payments.

A company's risk of AP fraud or business email compromise (BEC) may also rise due to the manual AP procedure. Due to these factors, it's critical to have a team or accounts payable system that is current and well-managed to make sure the business isn't losing out on chances or providing false financial information. The purchase order (PO), the receiving report (or goods receipt), and the vendor invoice are the three main components normally necessary for execution inside the accounts payable process.

The Chinese banking system, which serves as the primary channel via which funds are allocated to investment possibilities, is essential to the smooth operation of the Chinese economy. As the Chinese economy has risen over the last ten years, so has financial activity, and the Chinese banking system now comprises some of the biggest institutions. Throughout this time, Chinese banks have shifted towards a more commercial focus, although the Chinese Government continues to exert significant control over their operations. The robust presence of the banking sector in the region is expected to raise the usage of accounts payable automation, especially with the digitalization in the region, thereby driving market growth in the region.

The China market dominated the Asia Pacific Accounts Payable Automation Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $442.9 million by 2028. The Japan market is exhibiting a CAGR of 11.6% during (2022 - 2028). Additionally, The India market would experience a CAGR of 13% during (2022 - 2028).

Based on Component, the market is segmented into Solution and Services. Based on Deployment Mode, the market is segmented into On-Premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Government, Manufacturing, Healthcare & Lifesciences, Consumer Goods & Retail and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SAP SE, Fidelity National Information Services, Inc., The Sage Group PLC, Comarch SA, Tipalti, Inc., Bottomline Technologies, Inc., AvidXchange Holdings, Inc., Procurify Technologies, Inc., FinancialForce.com, Inc. and Zycus, Inc.

Scope of the Study

Market Segments covered in the Report:

By Component

Solution
Services

By Deployment Mode

On-Premise
Cloud

By Organization Size

Large Enterprises
SMEs

By Vertical

BFSI
IT & Telecom
Government
Manufacturing
Healthcare & Lifesciences
Consumer Goods & Retail
Others

By Country

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

Companies Profiled

SAP SE
Fidelity National Information Services, Inc.
The Sage Group PLC
Comarch SA
Tipalti, Inc.
Bottomline Technologies, Inc.
AvidXchange Holdings, Inc.
Procurify Technologies, Inc.
FinancialForce.com, Inc.
Zycus, Inc.

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Asia Pacific Accounts Payable Automation Market, by Component
- 1.4.2 Asia Pacific Accounts Payable Automation Market, by Deployment Mode
- 1.4.3 Asia Pacific Accounts Payable Automation Market, by Organization Size
- 1.4.4 Asia Pacific Accounts Payable Automation Market, by Vertical
- 1.4.5 Asia Pacific Accounts Payable Automation Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview

2.1 Introduction
- 2.1.1 Overview
  - 2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global

3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
- 3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)

Chapter 4. Asia Pacific Accounts Payable Automation Market by Component

4.1 Asia Pacific Solution Market by Country
4.2 Asia Pacific Services Market by Country

Chapter 5. Asia Pacific Accounts Payable Automation Market by Deployment Mode

5.1 Asia Pacific On-Premise Market by Country
5.2 Asia Pacific Cloud Market by Country

Chapter 6. Asia Pacific Accounts Payable Automation Market by Organization Size

6.1 Asia Pacific Large Enterprises Market by Country
6.2 Asia Pacific SMEs Market by Country

Chapter 7. Asia Pacific Accounts Payable Automation Market by Vertical

7.1 Asia Pacific BFSI Market by Country
7.2 Asia Pacific IT & Telecom Market by Country
7.3 Asia Pacific Government Market by Country
7.4 Asia Pacific Manufacturing Market by Country
7.5 Asia Pacific Healthcare & Lifesciences Market by Country
7.6 Asia Pacific Consumer Goods & Retail Market by Country
7.7 Asia Pacific Others Market by Country

Chapter 8. Asia Pacific Accounts Payable Automation Market by Country

8.1 China Accounts Payable Automation Market
- 8.1.1 China Accounts Payable Automation Market by Component
- 8.1.2 China Accounts Payable Automation Market by Deployment Mode
- 8.1.3 China Accounts Payable Automation Market by Organization Size
- 8.1.4 China Accounts Payable Automation Market by Vertical
8.2 Japan Accounts Payable Automation Market
- 8.2.1 Japan Accounts Payable Automation Market by Component
- 8.2.2 Japan Accounts Payable Automation Market by Deployment Mode
- 8.2.3 Japan Accounts Payable Automation Market by Organization Size
- 8.2.4 Japan Accounts Payable Automation Market by Vertical
8.3 India Accounts Payable Automation Market
- 8.3.1 India Accounts Payable Automation Market by Component
- 8.3.2 India Accounts Payable Automation Market by Deployment Mode
- 8.3.3 India Accounts Payable Automation Market by Organization Size
- 8.3.4 India Accounts Payable Automation Market by Vertical
8.4 South Korea Accounts Payable Automation Market
- 8.4.1 South Korea Accounts Payable Automation Market by Component
- 8.4.2 South Korea Accounts Payable Automation Market by Deployment Mode
- 8.4.3 South Korea Accounts Payable Automation Market by Organization Size
- 8.4.4 South Korea Accounts Payable Automation Market by Vertical
8.5 Singapore Accounts Payable Automation Market
- 8.5.1 Singapore Accounts Payable Automation Market by Component
- 8.5.2 Singapore Accounts Payable Automation Market by Deployment Mode
- 8.5.3 Singapore Accounts Payable Automation Market by Organization Size
- 8.5.4 Singapore Accounts Payable Automation Market by Vertical
8.6 Malaysia Accounts Payable Automation Market
- 8.6.1 Malaysia Accounts Payable Automation Market by Component
- 8.6.2 Malaysia Accounts Payable Automation Market by Deployment Mode
- 8.6.3 Malaysia Accounts Payable Automation Market by Organization Size
- 8.6.4 Malaysia Accounts Payable Automation Market by Vertical
8.7 Rest of Asia Pacific Accounts Payable Automation Market
- 8.7.1 Rest of Asia Pacific Accounts Payable Automation Market by Component
- 8.7.2 Rest of Asia Pacific Accounts Payable Automation Market by Deployment Mode
- 8.7.3 Rest of Asia Pacific Accounts Payable Automation Market by Organization Size
- 8.7.4 Rest of Asia Pacific Accounts Payable Automation Market by Vertical

Chapter 9. Company Profiles

9.1 SAP SE
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expense
- 9.1.5 Recent strategies and developments:
  - 9.1.5.1 Partnerships, Collaborations, and Agreements:
  - 9.1.5.2 Acquisition and Mergers:
- 9.1.6 SWOT Analysis
9.2 Fidelity National Information Services, Inc.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Recent strategies and developments:
  - 9.2.4.1 Partnerships, Collaborations, and Agreements:
  - 9.2.4.2 Acquisition and Mergers:
9.3 The Sage Group plc
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expenses
9.4 Comarch SA
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Regional Analysis
- 9.4.4 Research & Development Expense
9.5 Tipalti, Inc.
- 9.5.1 Company Overview
- 9.5.2 Recent strategies and developments:
  - 9.5.2.1 Partnerships, Collaborations, and Agreements:
  - 9.5.2.2 Product Launches and Product Expansions:
  - 9.5.2.3 Acquisition and Mergers:
9.6 Bottomline Technologies, Inc.
- 9.6.1 Company Overview
- 9.6.2 Recent strategies and developments:
  - 9.6.2.1 Product Launches and Product Expansions:
  - 9.6.2.2 Acquisition and Mergers:
9.7 AvidXchange Holdings, Inc.
- 9.7.1 Company Overview
- 9.7.2 Recent strategies and developments:
  - 9.7.2.1 Partnerships, Collaborations, and Agreements:
  - 9.7.2.2 Product Launches and Product Expansions:
9.8 Procurify Technologies, Inc.
- 9.8.1 Company Overview
9.9 FinancialForce.com, Inc.
- 9.9.1 Company Overview
9.10. Zycus, Inc.
- 9.10.1 Company Overview

LIST OF TABLES

TABLE 1 Asia Pacific Accounts Payable Automation Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Accounts Payable Automation Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements- Accounts Payable Automation Market
TABLE 4 Product Launches And Product Expansions- Accounts Payable Automation Market
TABLE 5 Acquisition and Mergers- Accounts Payable Automation Market
TABLE 6 Asia Pacific Accounts Payable Automation Market by Component, 2018 - 2021, USD Million
TABLE 7 Asia Pacific Accounts Payable Automation Market by Component, 2022 - 2028, USD Million
TABLE 8 Asia Pacific Solution Market by Country, 2018 - 2021, USD Million
TABLE 9 Asia Pacific Solution Market by Country, 2022 - 2028, USD Million
TABLE 10 Asia Pacific Services Market by Country, 2018 - 2021, USD Million
TABLE 11 Asia Pacific Services Market by Country, 2022 - 2028, USD Million
TABLE 12 Asia Pacific Accounts Payable Automation Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 13 Asia Pacific Accounts Payable Automation Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 14 Asia Pacific On-Premise Market by Country, 2018 - 2021, USD Million
TABLE 15 Asia Pacific On-Premise Market by Country, 2022 - 2028, USD Million
TABLE 16 Asia Pacific Cloud Market by Country, 2018 - 2021, USD Million
TABLE 17 Asia Pacific Cloud Market by Country, 2022 - 2028, USD Million
TABLE 18 Asia Pacific Accounts Payable Automation Market by Organization Size, 2018 - 2021, USD Million
TABLE 19 Asia Pacific Accounts Payable Automation Market by Organization Size, 2022 - 2028, USD Million
TABLE 20 Asia Pacific Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 21 Asia Pacific Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 22 Asia Pacific SMEs Market by Country, 2018 - 2021, USD Million
TABLE 23 Asia Pacific SMEs Market by Country, 2022 - 2028, USD Million
TABLE 24 Asia Pacific Accounts Payable Automation Market by Vertical, 2018 - 2021, USD Million
TABLE 25 Asia Pacific Accounts Payable Automation Market by Vertical, 2022 - 2028, USD Million
TABLE 26 Asia Pacific BFSI Market by Country, 2018 - 2021, USD Million
TABLE 27 Asia Pacific BFSI Market by Country, 2022 - 2028, USD Million
TABLE 28 Asia Pacific IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 29 Asia Pacific IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 30 Asia Pacific Government Market by Country, 2018 - 2021, USD Million
TABLE 31 Asia Pacific Government Market by Country, 2022 - 2028, USD Million
TABLE 32 Asia Pacific Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 33 Asia Pacific Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 34 Asia Pacific Healthcare & Lifesciences Market by Country, 2018 - 2021, USD Million
TABLE 35 Asia Pacific Healthcare & Lifesciences Market by Country, 2022 - 2028, USD Million
TABLE 36 Asia Pacific Consumer Goods & Retail Market by Country, 2018 - 2021, USD Million
TABLE 37 Asia Pacific Consumer Goods & Retail Market by Country, 2022 - 2028, USD Million
TABLE 38 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 39 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 40 Asia Pacific Accounts Payable Automation Market by Country, 2018 - 2021, USD Million
TABLE 41 Asia Pacific Accounts Payable Automation Market by Country, 2022 - 2028, USD Million
TABLE 42 China Accounts Payable Automation Market, 2018 - 2021, USD Million
TABLE 43 China Accounts Payable Automation Market, 2022 - 2028, USD Million
TABLE 44 China Accounts Payable Automation Market by Component, 2018 - 2021, USD Million
TABLE 45 China Accounts Payable Automation Market by Component, 2022 - 2028, USD Million
TABLE 46 China Accounts Payable Automation Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 47 China Accounts Payable Automation Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 48 China Accounts Payable Automation Market by Organization Size, 2018 - 2021, USD Million
TABLE 49 China Accounts Payable Automation Market by Organization Size, 2022 - 2028, USD Million
TABLE 50 China Accounts Payable Automation Market by Vertical, 2018 - 2021, USD Million
TABLE 51 China Accounts Payable Automation Market by Vertical, 2022 - 2028, USD Million
TABLE 52 Japan Accounts Payable Automation Market, 2018 - 2021, USD Million
TABLE 53 Japan Accounts Payable Automation Market, 2022 - 2028, USD Million
TABLE 54 Japan Accounts Payable Automation Market by Component, 2018 - 2021, USD Million
TABLE 55 Japan Accounts Payable Automation Market by Component, 2022 - 2028, USD Million
TABLE 56 Japan Accounts Payable Automation Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 57 Japan Accounts Payable Automation Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 58 Japan Accounts Payable Automation Market by Organization Size, 2018 - 2021, USD Million
TABLE 59 Japan Accounts Payable Automation Market by Organization Size, 2022 - 2028, USD Million
TABLE 60 Japan Accounts Payable Automation Market by Vertical, 2018 - 2021, USD Million
TABLE 61 Japan Accounts Payable Automation Market by Vertical, 2022 - 2028, USD Million
TABLE 62 India Accounts Payable Automation Market, 2018 - 2021, USD Million
TABLE 63 India Accounts Payable Automation Market, 2022 - 2028, USD Million
TABLE 64 India Accounts Payable Automation Market by Component, 2018 - 2021, USD Million
TABLE 65 India Accounts Payable Automation Market by Component, 2022 - 2028, USD Million
TABLE 66 India Accounts Payable Automation Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 67 India Accounts Payable Automation Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 68 India Accounts Payable Automation Market by Organization Size, 2018 - 2021, USD Million
TABLE 69 India Accounts Payable Automation Market by Organization Size, 2022 - 2028, USD Million
TABLE 70 India Accounts Payable Automation Market by Vertical, 2018 - 2021, USD Million
TABLE 71 India Accounts Payable Automation Market by Vertical, 2022 - 2028, USD Million
TABLE 72 South Korea Accounts Payable Automation Market, 2018 - 2021, USD Million
TABLE 73 South Korea Accounts Payable Automation Market, 2022 - 2028, USD Million
TABLE 74 South Korea Accounts Payable Automation Market by Component, 2018 - 2021, USD Million
TABLE 75 South Korea Accounts Payable Automation Market by Component, 2022 - 2028, USD Million
TABLE 76 South Korea Accounts Payable Automation Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 77 South Korea Accounts Payable Automation Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 78 South Korea Accounts Payable Automation Market by Organization Size, 2018 - 2021, USD Million
TABLE 79 South Korea Accounts Payable Automation Market by Organization Size, 2022 - 2028, USD Million
TABLE 80 South Korea Accounts Payable Automation Market by Vertical, 2018 - 2021, USD Million
TABLE 81 South Korea Accounts Payable Automation Market by Vertical, 2022 - 2028, USD Million
TABLE 82 Singapore Accounts Payable Automation Market, 2018 - 2021, USD Million
TABLE 83 Singapore Accounts Payable Automation Market, 2022 - 2028, USD Million
TABLE 84 Singapore Accounts Payable Automation Market by Component, 2018 - 2021, USD Million
TABLE 85 Singapore Accounts Payable Automation Market by Component, 2022 - 2028, USD Million
TABLE 86 Singapore Accounts Payable Automation Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 87 Singapore Accounts Payable Automation Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 88 Singapore Accounts Payable Automation Market by Organization Size, 2018 - 2021, USD Million
TABLE 89 Singapore Accounts Payable Automation Market by Organization Size, 2022 - 2028, USD Million
TABLE 90 Singapore Accounts Payable Automation Market by Vertical, 2018 - 2021, USD Million
TABLE 91 Singapore Accounts Payable Automation Market by Vertical, 2022 - 2028, USD Million
TABLE 92 Malaysia Accounts Payable Automation Market, 2018 - 2021, USD Million
TABLE 93 Malaysia Accounts Payable Automation Market, 2022 - 2028, USD Million
TABLE 94 Malaysia Accounts Payable Automation Market by Component, 2018 - 2021, USD Million
TABLE 95 Malaysia Accounts Payable Automation Market by Component, 2022 - 2028, USD Million
TABLE 96 Malaysia Accounts Payable Automation Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 97 Malaysia Accounts Payable Automation Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 98 Malaysia Accounts Payable Automation Market by Organization Size, 2018 - 2021, USD Million
TABLE 99 Malaysia Accounts Payable Automation Market by Organization Size, 2022 - 2028, USD Million
TABLE 100 Malaysia Accounts Payable Automation Market by Vertical, 2018 - 2021, USD Million
TABLE 101 Malaysia Accounts Payable Automation Market by Vertical, 2022 - 2028, USD Million
TABLE 102 Rest of Asia Pacific Accounts Payable Automation Market, 2018 - 2021, USD Million
TABLE 103 Rest of Asia Pacific Accounts Payable Automation Market, 2022 - 2028, USD Million
TABLE 104 Rest of Asia Pacific Accounts Payable Automation Market by Component, 2018 - 2021, USD Million
TABLE 105 Rest of Asia Pacific Accounts Payable Automation Market by Component, 2022 - 2028, USD Million
TABLE 106 Rest of Asia Pacific Accounts Payable Automation Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 107 Rest of Asia Pacific Accounts Payable Automation Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 108 Rest of Asia Pacific Accounts Payable Automation Market by Organization Size, 2018 - 2021, USD Million
TABLE 109 Rest of Asia Pacific Accounts Payable Automation Market by Organization Size, 2022 - 2028, USD Million
TABLE 110 Rest of Asia Pacific Accounts Payable Automation Market by Vertical, 2018 - 2021, USD Million
TABLE 111 Rest of Asia Pacific Accounts Payable Automation Market by Vertical, 2022 - 2028, USD Million
TABLE 112 Key Information - SAP SE
TABLE 113 Key Information - Fidelity National Information Services, Inc.
TABLE 114 Key Information - The Sage Group plc
TABLE 115 key Information - Comarch SA
TABLE 116 Key Information - Tipalti, Inc.
TABLE 117 Key Information - Bottomline Technologies, Inc.
TABLE 118 Key Information - AvidXchange Holdings, Inc.
TABLE 119 Key Information - Procurify Technologies, Inc.
TABLE 120 Key Information - FinancialForce.com, Inc.
TABLE 121 Key Information - Zycus, Inc.

List of Figures

FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 SWOT Analysis: SAP SE
FIG 5 Recent strategies and developments: Fidelity National Information Services, Inc.
FIG 6 Recent strategies and developments: Tipalti, Inc.
FIG 7 Recent strategies and developments: Bottomline Technologies, Inc.

Asia Pacific Accounts Payable Automation Market Size, Share & Industry Trends Analysis Report By Component, By Deployment Mode, By Organization Size, By Vertical, By Country and Growth Forecast, 2022 - 2028

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