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Top 10 Accounts Payable Automation Software Companies (November 2026)

As of November 2026, Latka tracks 350 accounts payable automation software companies. They have combined revenues of $5.7B and employ 37.5K people. They have raised $7.6B and serve 1.3M customers combined.

Every company below sells accounts payable automation software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Accounts Payable Automation Software Companies do

Accounts Payable Automation Software is designed to streamline and digitize the accounts payable process. This category of software helps organizations automate routine tasks associated with processing invoices, routing approvals, and managing payments. By doing so, it enhances efficiency, reduces errors, and leads to faster transactions overall. Typical features of accounts payable automation software include invoice capture, automated approval workflows, integration with enterprise resource planning (ERP) systems, and advanced reporting capabilities. The software is primarily used by finance teams, accounting departments, and procurement professionals who seek to optimize their financial operations and ensure compliance with internal controls and external regulations. Buyers of this software are usually looking for solutions that can effectively reduce manual work and enhance the speed and accuracy of their accounts payable processes. By leveraging technology such as artificial intelligence and machine learning, these tools facilitate end-to-end workflows that allow companies to focus on strategic decision-making rather than administrative tasks.

Companies
350
Revenue
$5.7B
Funding
$7.6B
Employees
37.5K

Filters

Sorting: Highest -> Lowest

Filters

Top Accounts Payable Automation Software Companies by revenue

Showing 10 of 350 companies ranked by annual revenue.

1Ramp logo
Ramp

New York, New York, United States

Ramp is an all-in-one financial operations platform that helps businesses save time and money by automating expense management, bill payments, corporate cards, vendor management, and accounting processes. Designed for companies of all sizes, Ramp streamlines finance workflows with AI-powered automation and real-time controls, enabling organizations to close their books faster and reduce unnecessary spending. Since its founding in 2019, Ramp has served over 30,000 customers, saving them billions of dollars and millions of hours.

Revenue
$1.4B
Customers
25K
Year founded
2006
Funding
$2.6B
Team size
3.2K
2Bottomline logo
Bottomline

Portsmouth, New Hampshire, United States

At Bottomline, we help businesses pay and get paid. As a trusted partner to banks, corporates, and financial institutions worldwide, we deliver secure, scalable, and innovative solutions that simplify complex payment workflows, reduce fraud risk, and drive operational efficiency. With decades of expertise in financial messaging, cash management, and digital banking, our SaaS platforms and services are built to meet the evolving needs of modern finance teams. Whether it's automating B2B payments, streamlining compliance, or enabling real-time visibility into cash flow, Bottomline is committed to making business payments seamless and secure. We serve over 1,200 financial institutions and 10,000 businesses globally, helping them navigate the future of payments with confidence.

Revenue
$315.4M
Customers
75K
Year founded
1989
Team size
2.9K
3TeamSystem logo
TeamSystem

Pesaro, PU, Italy

TeamSystem is a leading tech company in the market for digital business management solutions for companies and professionals. One of the most important Italian players in the ICT sector, the Company has over the years positioned itself as a true enabler of digital competitiveness for its customers by offering solutions for managing SMEs and professional firms (accountants, labor consultants and lawyers). With the aim of supporting the competitiveness of companies and professionals, the TeamSystem Group has also developed innovative fintech solutions for the management of collections, payments and bank reconciliations. In 2022, the Group recorded a turnover of 695 million euros, with direct offices serving more than 2 million customers operating on its digital and cloud platforms, where on average more than 415 million electronic invoices with a total of 850 billion euros transacted are handled each year. Thanks to a strategy of acquisitions aimed at strengthening the competitiveness of the group's offerings in the cloud and digital transformation, a series of operations to grow in certain vertical markets, and the establishment of new specialist companies, TeamSystem has steadily expanded its offerings, entering the fintech services, ecommerce, SME rating and HR management markets. The TeamSystem group has more than 2700 employees and has always invested in technological research and development. Some 730 software engineers, 80% of them agile, are working on the development of ever more innovative, secure and user-friendly solutions. Our mission is to bring digital into every business, which is why TeamSystem works every day alongside customers, SMEs and professionals, to support their digitization programs, developing their competitiveness and making their processes increasingly agile.

Revenue
$310.8M
Team size
2.8K
4Esker Inc logo
Esker Inc

Middleton, Wisconsin, United States

Esker helps organizations eliminate paper and improve business processes by integrating on-premise and on-demand document automation with applications for higher efficiency in sales order processing, invoicing, accounts payable and purchasing to shorten order-to-cash and procure-to-pay cycles. Built on patented technology, Esker solutions address the challenges of manual document processing that limit an organization's ability to increase speed and accuracy, raise productivity, reduce complexity, control costs and improve customer satisfaction. Over the past two decades Esker has become a worldwide leader in document process automation with offices in North America, Europe, Australia and Asia, and partners in more than 80 countries. Learn more about Esker: https://www.esker.com Explore Career Opportunities: https://www.esker.com/careers/job-opportunities

Revenue
$235.2M
Customers
6K
Year founded
1985
Team size
567
5Tipalti logo
Tipalti

Foster City, California, United States

Global payables automation platform

Revenue
$200M
Customers
10K
Year founded
2010
Funding
$749M
Team size
1.2K
6Basware logo
Basware

United States

Basware is how finance leaders in global enterprises can finally automate their complex, labor-intensive invoice processes. Our AP automation and invoicing platform helps you achieve a new level of efficiency – in a matter of months – while reducing errors and risks. Too many finance teams are slowed down by manual, error-prone tasks. Instead of focusing on growth, they’re constantly scrambling to process the next invoice, forecast next month’s cash flow, and stay compliant with the next regulatory change. Basware brings a unique combination of true automation, complete coverage, and deeper expertise, so now it all just happens. That’s why the world’s most efficient AP departments, at brands such as HP, Mercedes-Benz, and DHL, rely on Basware to handle over 170 million invoices per year. And it’s how they’re seeing such great results, like reducing the time spent on AP processes by up to 60%. Basware. Now it all just happens.™ #NowItAllJustHappens #TrueAutomation #CompleteCoverage #DeeperExpertise

Revenue
$181.6M
Year founded
1985
Team size
1.7K
7Tradeshift logo
Tradeshift

San Francisco, California, United States

Tradeshift is a cloud-based business network and platform for supply chain management, procurement, and invoicing. It was founded in 2009 and is headquartered in San Francisco, California. The platform connects buyers, suppliers, and financial institutions in one place to digitize and streamline business processes. Tradeshift's goal is to make global trade easier for all companies by simplifying supply chain management and automating manual tasks. They offer a range of solutions including e-invoicing, procurement, supplier management, and payment services.

Revenue
$161.5M
Customers
150
Year founded
2009
Funding
$861M
Team size
363
8Zeni logo
Zeni

Suite 300 Palo Alto, California, United States

Unleash the Power of AI Bookkeeping with a dedicated team of experts. With Zeni, you're able to update your books daily, access real-time insights, and receive personalized support from experts — all on a single platform

Revenue
$128.9M
Year founded
2019
Team size
296
9JABU logo
JABU

Windhoek, Namibia

B2B payments, transforming Africa's cash economy

Revenue
$122.4M
Year founded
2020
Team size
217
10Melio logo
Melio

New York, New York, United States

Melio helps small businesses pay bills and get paid digitally, instead of through paper checks. Aiming to differentiate itself from larger competitor Bill.com, Melio focuses on embedding its payment technology into platforms like Shopify, enabling customers to make payments directly from these sites. It charges customers a 1% fee to expedite a same-day payment and 2.9% to pay by credit card. Valued at $4 billion after closing a $250 million Series C funding round in 2021, the company is backed by VCs like Tiger Global Management and Accel. The Fintech 50 2024 company's Cloud 100 debut comes after it laid off 7% of its workforce in April as part of a reorganization, bringing its employee count to approximately 600.

Revenue
$110M
Customers
119K
Year founded
2018
Funding
$250M
Team size
623

Frequently asked questions about Accounts Payable Automation Software Companies

How many accounts payable automation software companies are there?

Latka tracks 350 accounts payable automation software companies with reported revenue. Together they generate $5.7B in annual revenue and employ 37.5K people.

Which accounts payable automation software company is the largest?

Ramp is the largest, with $1.4B in annual revenue, founded in 2006.

How much revenue does a typical accounts payable automation software company make?

The average accounts payable automation software company in this list makes $16.2M a year, across 350 companies with reported revenue. They serve 1.3M customers combined.

Who are the leading Accounts Payable Automation software vendors?

Ranked by annual revenue, the leaders are Ramp, Bottomline, TeamSystem, Esker Inc and Tipalti.

How much funding have accounts payable automation software companies raised?

The 350 accounts payable automation software companies tracked here have raised $7.6B in disclosed funding between them.

Related ERP Software categories

Inclusion Criteria

- Must automate the invoice processing workflow from receipt to payment - Should include features for invoice capture and data extraction - Must offer customizable approval workflows for different organizational needs - Should integrate seamlessly with existing ERP or accounting systems - Must provide analytics and reporting capabilities to track processing efficiency - Not just for invoice management; must also handle payment processing - Must be designed for use by finance, accounting, or procurement teams