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Industry Report

Market Guide for Accounts Payable Invoice Automation Solutions

“The accounts payable invoice automation market is quickly evolving as new government regulations push organizations to digitize. Gartner® forecasts that the spend on APIA and supplier e-invoicing software will more than double over the next five years.”

CY22 Global FPA Gartner Reprint

At the same time, new trends are emerging across the AP automation landscape for advanced capabilities as enterprises increasingly demand a single solution that can solve the entire capture-to-pay process. “Invoice automation has a number of clear use cases for artificial intelligence (AI) and machine learning (ML) to deliver concrete results across the process.” But with the dizzying array of solutions available, finding the right fit isn’t so easy.

Read this report for recommendations on how to match your business requirements to vendor capabilities.

Gartner, Market Guide for Accounts Payable Invoice Automation Solutions, By Micky Keck, Balaji Abbabatulla,19 July 2021

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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.

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