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PUBLISHER: Orion Market Research | PRODUCT CODE: 1838642

PUBLISHER: Orion Market Research | PRODUCT CODE: 1838642

Asia-Pacific Account Payable Automation Market 2025-2035

PUBLISHED: October 8, 2025

PAGES: 135 Pages

DELIVERY TIME: 2-3 business days

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Asia-Pacific Account Payable Automation Market Size, Share & Trends Analysis Report By Component (Solutions, and Services), By Organization Size (Large Enterprises, and Small and Medium-Sized Enterprises (SMEs)), By Deployment Type (On-Premises, and Cloud) and By Vertical (Banking Financial Services, and Insurance (BFSI), Retail and Consumer Goods, IT and Telecom, Healthcare and Life Sciences, Manufacturing, Energy and Utilities, Government and Public Sector, and Others), Forecast Period (2025-2035)

Industry Overview

Asia-Pacific accounts payable automation market was valued at $1,017.5 million in 2024 and is projected to reach $3,615.2 million by 2035, growing at a CAGR of 12.3% during the forecast period (2025-2035). Accounts Payable (AP) automation is the process of employing an AP automation solution to handle invoices digitally and without human intervention. A corporation desires to be able to process all of its invoices automatically, without requiring human interaction. The scope of AP automation extends in addition to OCR (Optical Character Recognition). The entire AP process is automated, from data collection via OCR or digital invoice formats ( such as EDI and e-invoices) to AP workflow, that includes routing, coding, reviewing, and approving invoices and automatically matching them to purchase orders (PO), to the smooth integration with your enterprise resource planning system.

Governments in the APAC region are mandating digital invoicing, such as India's GST and China's e-fapiao, prompting firms to automate accounts payable processes. Preferring cloud-native solutions that integrate with ERPs allows for faster compliance. Technologies like AI, OCR, and machine learning boost processing efficiency, reducing manual entry. Hyper-automation merges RPA with AP platforms to enhance workflows. Integration with fintech improves payment speed and supplier relations, while small and mid-sized businesses increasingly adopt cost-effective AP solutions, with adoption rates influenced by tax regulations and digital infrastructure maturity.

Market Dynamics

Increasing Demand for Accounts Payable Automation for Bill Generation

Account payable plays an essential role in ensuring timely bill payment, which raises the company's credit score. The prompt payment of invoices has led to an increase in demand for accounts payable bill production, that guarantees a continuous supply and service flow. The accounts payable automation market is expected to increase significantly as a result of timely payment, which prevents late fees, penalties, and overdue payments among organisations.

Digital Transformation Initiatives

The ongoing digital transformation across the Asia-Pacific is a primary driver for the adoption of AP automation solutions. Organizations are increasingly moving away from traditional manual processes to automated systems to enhance efficiency, reduce errors, and ensure compliance with evolving regulations. This shift is particularly evident in sectors like BFSI and government, where accuracy and timeliness are critical.

Cloud Adoption and Scalability

Cloud-based AP automation solutions offer scalability and flexibility, making them attractive to organizations of all sizes. The ability to access real-time data, integrate with existing enterprise resource planning (ERP) systems, and reduce infrastructure costs are compelling reasons for the growing preference for cloud deployments. This trend is expected to continue as more businesses recognize the benefits of cloud technologies.

Regulatory Compliance and Fraud Prevention

Stringent regulatory requirements and the need for robust fraud prevention mechanisms are pushing organizations to adopt AP automation solutions. Automated systems provide enhanced visibility, audit trails, and controls that help in adhering to compliance standards and mitigating risks associated with manual processing. This is particularly pertinent in industries like healthcare and government, where compliance is paramount.

Market Segmentation

Based on the component, the market is segmented into solutions and services.
Based on the organization size, the market is segmented into large enterprises and small and medium-sized enterprises (SMEs).
Based on the deployment type, the market is segmented into on-premises and cloud.
Based on the vertical, the market is segmented into Banking, financial services, and insurance (BFSI), retail, and consumer goods, IT and telecom, healthcare and life sciences, manufacturing, energy and utilities, government and public sector, and others.

Solutions Segment to Lead the Market with the Largest Share

The Solutions segment is projected to maintain the largest share throughout the forecast period. This dominance is attributed to the increasing adoption of software solutions that streamline invoice processing, enhance compliance, and improve cash flow visibility. Cloud-based solutions, in particular, are gaining traction due to their scalability, cost-effectiveness, and ease of integration with existing enterprise resource planning (ERP) systems.

Small and Medium-Sized Enterprises (SMEs): A Key Segment in Market Growth

The Small and Medium-Sized Enterprises (SMEs) segment is emerging as the fastest-growing sector in the Asia-Pacific accounts payable (AP) automation market. The large enterprises currently dominate the market, and SMEs are increasingly adopting AP automation solutions to enhance operational efficiency and reduce costs. This trend is particularly evident in countries like India and Southeast Asia, where SMEs are pivotal to economic growth and are rapidly embracing digital transformation.

Regional Outlook

The Asia-Pacific account payable automation market is further divided by countries, including India, China, Japan, and the Rest of Asia-Pacific.

China Dominates the Market with a Major Share

China is projected to dominate the Asia-Pacific accounts payable (AP) automation market, driven by its rapid digital transformation, robust manufacturing sector, and significant investments in financial technology. The country's adoption of hybrid automation solutions, which seamlessly integrate cloud and on-premises systems, has been pivotal in streamlining financial processes and enhancing compliance. This trend is particularly evident in large enterprises, which are increasingly implementing AP automation to manage high transaction volumes and improve operational efficiency. The presence of global technology providers and the government's supportive policies further bolster China's leadership in this sector.

Market Players Outlook

The major companies operating in the Asia-Pacific account payable automation market include AvidXchange, Coupa Software, Oracle, SAP, Tipalti, and others. The companies are pursuing partnerships, collaborations, mergers, and acquisitions to drive innovation, expand product portfolios, enhance sustainability, and strengthen market presence. These strategies enable players to respond to growing demand for energy-efficient, high-performance insulation solutions across residential, commercial, and industrial applications while maintaining a competitive edge.

Recent Developments

In September 2025, Wiise and SignUp Software partnered to offer accounts payable automation for small and medium-sized businesses in Australia and New Zealand. The integration of SignUp Software's ExFlow automation tool with the Wiise cloud ERP system aims to streamline invoice approvals, improve cash flow visibility, and reduce financial errors. The integration aims to overcome traditional obstacles like lengthy approval cycles and human error risk without increasing operational complexity.

The Report Covers:

Market value data analysis of 2024 and forecast to 2035.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the Asia-Pacific account payable automation market. Based on the availability of data, information related to new products and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.

Product Code: OMR2023958

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Asia-Pacific Account Payable Automation Market Sales Analysis - Component | Organization Size | Deployment Type | Vertical ($ Million)
Asia-Pacific Account Payable Automation Market Sales Performance of Top Countries
1.1. Research Methodology
Primary Research Approach
Secondary Research Approach
1.2. Market Snapshot

2. Market Overview and Insights

2.1. Scope of the Study
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Asia-Pacific Account Payable Automation Industry Trends
- 2.2.2. Market Recommendations

3. Market Determinants

3.1. Market Drivers
- 3.1.1. Drivers For the Asia-Pacific Account Payable Automation Market: Impact Analysis
3.2. Market Pain Points and Challenges
- 3.2.1. Restraints For Asia-Pacific Account Payable Automation Market: Impact Analysis
3.3. Market Opportunities
- 3.3.1. Opportunities For the Asia-Pacific Account Payable Automation Market: Impact Analysis

4. Competitive Landscape

4.1. Competitive Dashboard - Asia-Pacific Account Payable Automation Market Revenue and Share by Manufacturers
Account Payable Automation Product Comparison Analysis
Top Market Player Ranking Matrix
4.2. Key Company Analysis
- 4.2.1. AvidXchange
  - 4.2.1.1. Overview
  - 4.2.1.2. Product Portfolio
  - 4.2.1.3. Financial Analysis (Subject to Data Availability)
  - 4.2.1.4. SWOT Analysis
  - 4.2.1.5. Business Strategy
- 4.2.2. Coupa Software
  - 4.2.2.1. Overview
  - 4.2.2.2. Product Portfolio
  - 4.2.2.3. Financial Analysis (Subject to Data Availability)
  - 4.2.2.4. SWOT Analysis
  - 4.2.2.5. Business Strategy
- 4.2.3. Oracle Corp.
  - 4.2.3.1. Overview
  - 4.2.3.2. Product Portfolio
  - 4.2.3.3. Financial Analysis (Subject to Data Availability)
  - 4.2.3.4. SWOT Analysis
  - 4.2.3.5. Business Strategy
- 4.2.4. SAP SE
  - 4.2.4.1. Overview
  - 4.2.4.2. Product Portfolio
  - 4.2.4.3. Financial Analysis (Subject to Data Availability)
  - 4.2.4.4. SWOT Analysis
  - 4.2.4.5. Business Strategy
- 4.2.5. Tipalti
  - 4.2.5.1. Overview
  - 4.2.5.2. Product Portfolio
  - 4.2.5.3. Financial Analysis (Subject to Data Availability)
  - 4.2.5.4. SWOT Analysis
  - 4.2.5.5. Business Strategy
4.3. Top Winning Strategies by Market Players
- 4.3.1. Merger and Acquisition
- 4.3.2. Product Launch
- 4.3.3. Partnership And Collaboration

5. Asia-Pacific Account Payable Automation Market Sales Analysis by Component ($ Million)

5.1. Solutions
5.2. Services

6. Asia-Pacific Account Payable Automation Market Sales Analysis by Organization Size ($ Million)

6.1. Large Enterprises
6.2. Small and Medium-Sized Enterprises (SMEs)

7. Asia-Pacific Account Payable Automation Market Sales Analysis by Deployment Type Size ($ Million)

7.1. On-Premises
7.2. Cloud

8. Asia-Pacific Account Payable Automation Market Sales Analysis by Vertical ($ Million)

8.1. Banking Financial Services, and Insurance (BFSI)
8.2. Retail and Consumer Goods
8.3. IT and Telecom
8.4. Healthcare and Life Sciences
8.5. Manufacturing, Energy and Utilities
8.6. Government and Public Sector
8.7. Others

9. Regional Analysis

9.1. Asia-Pacific Account Payable Automation Market Sales Analysis - Component | Organization Size | Deployment Type | Vertical | Country ($ Million)
Macroeconomic Factors for Asia-Pacific
- 9.1.1. India
- 9.1.2. China
- 9.1.3. Japan
- 9.1.4. Rest of Asia-Pacific

10. Company Profiles

11. AvidXchange

11.1. Quick Facts
11.2. Company Overview
11.3. Product Portfolio
11.4. Business Strategies

12. Bottomline Technologies

12.1. Quick Facts
12.2. Company Overview
12.3. Product Portfolio
12.4. Business Strategies

13. Comarch SA

13.1. Quick Facts
13.2. Company Overview
13.3. Product Portfolio
13.4. Business Strategies

14. Coupa Software

14.1. Quick Facts
14.2. Company Overview
14.3. Product Portfolio
14.4. Business Strategies

15. FinancialForce

15.1. Quick Facts
15.2. Company Overview
15.3. Product Portfolio
15.4. Business Strategies

16. FIS

16.1. Quick Facts
16.2. Company Overview
16.3. Product Portfolio
16.4. Business Strategies

17. FreshBooks

17.1. Quick Facts
17.2. Company Overview
17.3. Product Portfolio
17.4. Business Strategies

18. Kofax Inc.

18.1. Quick Facts
18.2. Company Overview
18.3. Product Portfolio
18.4. Business Strategies

19. MineralTree

19.1. Quick Facts
19.2. Company Overview
19.3. Product Portfolio
19.4. Business Strategies

20. Oracle Corp.

20.1. Quick Facts
20.2. Company Overview
20.3. Product Portfolio
20.4. Business Strategies

21. Proactis

21.1. Quick Facts
21.2. Company Overview
21.3. Product Portfolio
21.4. Business Strategies

22. SAP SE

22.1. Quick Facts
22.2. Company Overview
22.3. Product Portfolio
22.4. Business Strategies

23. Tipalti Inc.

23.1. Quick Facts
23.2. Company Overview
23.3. Product Portfolio
23.4. Business Strategies

24. Zoho Corp.

24.1. Quick Facts
24.2. Company Overview
24.3. Product Portfolio
24.4. Business Strategies

25. Zycus Inc.

25.1. Quick Facts
25.2. Company Overview
25.3. Product Portfolio
25.4. Business Strategies