Accounts Payable Automation Market Size by Component, Deployment Type, Organization Size
Solutions range from invoice OCR and straight-through processing to modules or platforms that have procurement, ERP, and treasury modules. Current Accounts Payable Automation solutions leverage many features that are now available, including modern delivery via the cloud, robotic process automation (RPA) with AI and ML to classify invoices and handle exceptions, and Python or other Accounts Payable Automation for embedded payment processing.