세계의 인보이스 자동화 소프트웨어 시장 규모 : 배포 모드별, 용도별, 지역 범위별 예측

Invoice Automation Software Market Size And Forecast

Invoice Automation Software Market size was valued at USD 3369.96 Million in 2024 and is estimated to reach USD 8912.61 Million by 2032, registering a CAGR of 14.26% from 2026 to 2032.

Growing demand for automated invoice software to improve accuracy and reduce operational costs is the biggest growth driver for the Invoice Automation Software Market. The rising adoption of cloud-based services and increasing the need for secure invoice software to reduce payment fraud are the key factors driving the growth of the Invoice Automation Software Market. The Global Invoice Automation Software Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that play a substantial role in the market.

Global Invoice Automation Software Market Definition

The total automation of a company's payment process is what is referred to as invoice automation, often known as accounts payable (AP) software. In short, invoice automation software removes the possibility of human error while lowering manual work by about 80%. Users may also be able to locate additional pertinent capabilities based on their needs, such processing and archiving credit terms supplier invoices, uploading general ledger data, and others. Any invoice automation software must perform these tasks in order to: handle a large volume of supplier documents, such as invoices or credit memos; ease repetitive accounts payable operations, such as data entry and processing; AP documentation should be gathered in a single repository for easy access and retrieval, match vendor invoices with related purchase orders to help users determine how much is due, offer approval services to make AP transactions easier, such as debit or payment, and comply with AP accounting standards and laws.

In the past two decades, many businesses have given paperless operations some thought, especially since the early 2000s, when the digital transition began to pick up speed. Over the past 30 years, the development of invoice automation software has transformed manual, labor-intensive, and error-prone operations into digital systems, increasing operational efficiencies. Some of the prominent players in this industry are SAP, Coupa Invoice Automation, AvidXchange, Bill.com LLC, ServiceChannel, Chrome River Technologies Inc., Coupa Software Inc., FreshBooks, Zoho Corporation Pvt. Ltd., and others.

Under the umbrella of "e-invoicing," there is frequently misunderstanding regarding various forms of invoice automation. Upon receipt by the buyer, paper-based invoices are converted to digital files using scanning and optical character recognition (OCR). Another kind of automation is sending PDF invoices via email, although while this eliminates paper from the process, it does not offer complete integration. Although both of these approaches are frequently referred to as "e-invoicing," they are not actually thought of as such.

Global Invoice Automation Software Market Overview

A business can fully automate its payment process by using invoice automation or accounts payable (AP) software. The demands placed on business for flexibility, quality, cost-effectiveness, and timeliness have increased due to the globalization of markets, technology, and competition. Information technology (IT) has changed how business is conducted as a means of satisfying these criteria.

Some of the major market drivers are increasing cloud deployments leading to increasing level of automation in business operations. And growing number of invoice frauds. Furthermore, one of the major restraining factors is lack of awareness about Invoice automation software. Additionally, some of the big market opportunity is rising mandate of e-invoicing by regional countries along with rising application of invoice automation platforms across sectors.

The processing of invoices, which involves a significant amount of repetitive and rule-based work, is a crucial area that will be impacted by the impending market transformation. This stage could indicate a chance or a danger. Blockchain, cloud aggregation platforms, robotic process automation, machine learning, and advanced analytics are examples of emerging technologies that may open the door to increasing business process automation and maximizing savings.

Technology advancement is at an exponential rate, with more funding available across Global. As a result of these revolutions, leading manufacturers will continue to enhance the research & development activities in technology development. Some of the biggest game-changing technologies are cloud computing, artificial intelligence, machine learning, and others.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global Invoice Automation Software market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter's Five Forces

The image provided would further help to get information about Porter's five forces framework providing a blueprint for understanding the behavior of competitors and a player's strategic positioning in the respective industry. The porter's five forces model can be used to assess the competitive landscape in global Invoice Automation Software market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Global Invoice Automation Software Market: Segmentation Analysis

The Global Invoice Automation Software Market is segmented on the basis of Deployment Mode, Application, And Geography.

Invoice Automation Software Market, By Deployment Mode

• Cloud-Based
• On-Premise

Based on deployment type, there are two segments of the market: On-Premise, and Cloud based. The market share held by on-premises in 2021 was the greatest, and during the forecast period, it is expected to increase at the highest CAGR of 12.51%. In the business software delivery paradigm known as "On-Premise," the client's premises are where the program is installed. Software for automating invoices on-premises is simple to modify to suit a user's needs. The deployment of these solutions might take more time as compared to cloud-based solutions but offer high flexibility and security to enterprises.

Invoice Automation Software Market, By Application

• BFSI
• IT and Telecommunications
• Retail and e-commerce
• Government and Others
• Manufacturing
• BFSI, Retail and e-commerce, IT and Telecommunications, Manufacturing, Government and Others are the five major materials into which the market is divided. The greatest market share in 2021 belonged to BFSI, which is anticipated to expand at the highest CAGR of 18.18% over the forecast period. The second-largest market for Retail and e-commerce in 2021 is expected to increase at a CAGR of 13.18% in the forecast period.

Invoice Automation Software Market, By Geography

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
• The Global Invoice Automation Software Market is segmented on the basis of geography into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Europe was the second-biggest market in 2021 after North America, which held the greatest market share. The Invoice automation software market is observing significant growth in North American countries owing to growing presence of well-developed digital economy along with flourishing mobile commerce industry and strong government initatives towards automating financial processes. The North American countries have nurtured many opportunities for entrepreneurs in recent years, with the number of small businesses significantly rising.

Key Players

The "Global Invoice Automation Software Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are SAP, AvidXchange, Bill.com, Stampli, Chrome River Technologies, QuickBooks Intuit Inc., Xero Limited, Coupa Software Inc., FreshBooks, and Zoho Corporation Pvt. Ltd.

• The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• Intuit has entered into an agreement to acquire SeedFi, the partner behind Credit Karma's Credit Builder1, which helps low, or no-credit borrowers build credit while saving money, all for free.
• In Nov 2022, BILL to Buy Finmark to expanded Financial Operations Platform for SMBs. Financial automation software provider BILL has signed a definitive agreement to acquire financial planning and analysis software firm Finmark in a move to expand BILL's cash flow insights and reporting capabilities.
• In Nov 2022, SAP SE launched a powerful new offering to drive the next wave of business transformation by unleashing the expertise of those who know best for business users.
• In Mar 2022, Bill.com and Divvy has partnered with CPA.com to launch the Divvy Accountant Advisor program, which provides accounting firms with expense management software tools.
• Ace Matrix Analysis
• The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 MARKET DEFINITION
• 1.2 MARKET SEGMENTATION
• 1.3 RESEARCH TIMELINES
• 1.4 ASSUMPTIONS
• 1.5 LIMITATIONS

2 RESEARCH METHODOLOGY

• 2.1 DATA MINING
• 2.2 SECONDARY RESEARCH
• 2.3 PRIMARY RESEARCH
• 2.4 SUBJECT MATTER EXPERT ADVICE
• 2.5 QUALITY CHECK
• 2.6 FINAL REVIEW
• 2.7 DATA TRIANGULATION
• 2.8 BOTTOM-UP APPROACH
• 2.9 TOP-DOWN APPROACH
• 2.10 RESEARCH FLOW
• 2.11 DATA SOURCES

3 EXECUTIVE SUMMARY

• 3.1 GLOBAL INVOICE AUTOMATION SOFTWARE MARKET OVERVIEW
• 3.2 GLOBAL INVOICE AUTOMATION SOFTWARE ECOLOGY MAPPING
• 3.3 GLOBAL INVOICE AUTOMATION SOFTWARE ABSOLUTE MARKET OPPORTUNITY
• 3.4 GLOBAL INVOICE AUTOMATION SOFTWARE MARKET ATTRACTIVENESS
• 3.5 GLOBAL INVOICE AUTOMATION SOFTWARE MARKET GEOGRAPHICAL ANALYSIS (CAGR %)
• 3.6 GLOBAL INVOICE AUTOMATION SOFTWARE MARKET, BY DEPLOYMENT TYPE (USD MILLION)
• 3.7 GLOBAL INVOICE AUTOMATION SOFTWARE MARKET, BY APPLICATION (USD MILLION)
• 3.8 GLOBAL INVOICE AUTOMATION SOFTWARE MARKET, BY GEOGRAPHY (USD MILLION)
• 3.9 FUTURE MARKET OPPORTUNITIES
• 3.10 GLOBAL MARKET SPLIT

4 MARKET OUTLOOK

• 4.1 GLOBAL INVOICE AUTOMATION SOFTWARE MARKET EVOLUTION
• 4.2 GLOBAL INVOICE AUTOMATION SOFTWARE MARKET OUTLOOK
• 4.3 MARKET DRIVERS
  • 4.3.1 INCREASING CLOUD DEPLOYMENTS LEADING TO INCREASING LEVEL OF AUTOMATION IN BUSINESS OPERATIONS
  • 4.3.2 GROWING NUMBER OF INVOICE FRAUDS
• 4.4 RESTRAINTS
  • 4.4.1 LACK OF AWARENESS ABOUT INVOICE AUTOMATION SOFTWARE
• 4.5 OPPORTUNITIES
  • 4.5.1 RISING MANDATE OF E-INVOICING BY REGIONAL COUNTRIES ALONG WITH RISING APPLICATION OF INVOICE AUTOMATION PLATFORMS ACROSS SECTORS
• 4.6 IMPACT ANALYSIS OF COVID19 ON THE MARKET
• 4.7 PORTER'S ANALYSIS
  • 4.7.1 THREAT OF NEW ENTRANTS
  • 4.7.2 THREAT OF SUBSTITUTES
  • 4.7.3 BARGAINING POWER OF SUPPLIERS
  • 4.7.4 COMPETITIVE RIVALRY
  • 4.7.5 BARGAINING POWER OF BUYERS
• 4.8 VALUE CHAIN ANALYSIS
• 4.9 PRICING ANALYSIS
• 4.10 MACROECONOMIC ANALYSIS

5 MARKET, BY DEPLOYMENT TYPE

• 5.1 OVERVIEW
• 5.2 CLOUD-BASED
• 5.3 ON-PREMISES

6 MARKET, BY APPLICATION

• 6.1 OVERVIEW
• 6.2 BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI)
• 6.3 IT AND TELECOMMUNICATIONS
• 6.4 RETAIL AND E-COMMERCE
• 6.5 MANUFACTURING
• 6.6 GOVERNMENT AND OTHERS

7 MARKET, BY GEOGRAPHY

• 7.1 OVERVIEW
• 7.2 NORTH AMERICA
  • 7.2.1 U.S.
  • 7.2.2 CANADA
  • 7.2.3 MEXICO
• 7.3 EUROPE
  • 7.3.1 GERMANY
  • 7.3.2 U.K.
  • 7.3.3 FRANCE
  • 7.3.4 ITALY
  • 7.3.5 SPAIN
  • 7.3.6 REST OF EUROPE
• 7.4 ASIA-PACIFIC
  • 7.4.1 CHINA
  • 7.4.2 JAPAN
  • 7.4.3 INDIA
  • 7.4.4 REST OF ASIA-PACIFIC
• 7.5 LATIN AMERICA
  • 7.5.1 BRAZIL
  • 7.5.2 ARGENTINA
  • 7.5.3 REST OF LATIN AMERICA
• 7.6 MIDDLE EAST AND AFRICA
  • 7.6.1 UAE
  • 7.6.2 SAUDI ARABIA
  • 7.6.3 SOUTH AFRICA
  • 7.6.4 REST OF MEA

8 COMPETITIVE LANDSCAPE

• 8.1 OVERVIEW
• 8.2 KEY DEVELOPMENT
• 8.3 COMPANY MARKET RANKING ANALYSIS
• 8.4 COMPANY REGIONAL FOOTPRINT
• 8.5 ACE MATRIX
  • 8.5.1 ACTIVE
  • 8.5.2 CUTTING EDGE
  • 8.5.3 EMERGING
  • 8.5.4 INNOVATORS

9 COMPANY PROFILES

• 9.1 QUICKBOOKS INTUIT INC.
  • 9.1.1 COMPANY OVERVIEW
  • 9.1.2 COMPANY INSIGHTS
  • 9.1.3 SEGMENT BREAKDOWN
  • 9.1.4 PRODUCT BENCHMARKING
  • 9.1.5 KEY DEVELOPMENTS
  • 9.1.6 SWOT ANALYSIS
  • 9.1.7 CURRENT FOCUS AND STRATEGIES
  • 9.1.8 THREAT OF COMPETITION
• 9.2 BILL.COM
  • 9.2.1 COMPANY OVERVIEW
  • 9.2.2 COMPANY INSIGHTS
  • 9.2.3 SEGMENT BREAKDOWN
  • 9.2.4 PRODUCT BENCHMARKING
  • 9.2.5 KEY DEVELOPMENTS
  • 9.2.6 SWOT ANALYSIS
  • 9.2.7 CURRENT FOCUS AND STRATEGIES
  • 9.2.8 THREAT OF COMPETITION
• 9.3 SAP
  • 9.3.1 COMPANY OVERVIEW
  • 9.3.2 COMPANY INSIGHTS
  • 9.3.3 SEGMENT BREAKDOWN
  • 9.3.4 PRODUCT BENCHMARKING
  • 9.3.5 KEY DEVELOPMENTS
  • 9.3.6 SWOT ANALYSIS
  • 9.3.7 CURRENT FOCUS & STRATEGIES
  • 9.3.8 THREAT FROM COMPETITION
• 9.4 COUPA SOFTWARE INC.
  • 9.4.1 COMPANY OVERVIEW
  • 9.4.2 COMPANY INSIGHTS
  • 9.4.3 SEGMENT BREAKDOWN
  • 9.4.4 PRODUCT BENCHMARKING
  • 9.4.5 KEY DEVELOPEMNT
  • 9.4.6 SWOT ANALYSIS
  • 9.4.7 CURRENT FOCUS & STRATEGIES
  • 9.4.8 THREAT FROM COMPETITION
• 9.5 AVIDXCHANGE
  • 9.5.1 COMPANY OVERVIEW
  • 9.5.2 COMPANY INSIGHTS
  • 9.5.3 SEGMENT BREAKDOWN
  • 9.5.4 PRODUCT BENCHMARKING
  • 9.5.5 KEY DEVELOPMENTS
• 9.6 STAMPLI
  • 9.6.1 COMPANY OVERVIEW
  • 9.6.2 COMPANY INSIGHTS
  • 9.6.3 PRODUCT BENCHMARKING
  • 9.6.4 KEY DEVELOPMENTS
• 9.7 CHROME RIVER TECHNOLOGIES (CERTIFY)
  • 9.7.1 COMPANY OVERVIEW
  • 9.7.2 COMPANY INSIGHTS
  • 9.7.3 PRODUCT BENCHMARKING
  • 9.7.4 KEY DEVELOPMENTS
• 9.8 XERO LIMITED
  • 9.8.1 COMPANY OVERVIEW
  • 9.8.2 COMPANY INSIGHTS
  • 9.8.3 SEGMENT BREAKDOWN
  • 9.8.4 PRODUCT BENCHMARKING
  • 9.8.5 KEY DEVELOPMENTS
• 9.9 FRESHBOOKS
  • 9.9.1 COMPANY OVERVIEW
  • 9.9.2 COMPANY INSIGHTS
  • 9.9.3 PRODUCT BENCHMARKING
  • 9.9.4 KEY DEVELOPMENTS
• 9.10 ZOHO CORPORATION
  • 9.10.1 COMPANY OVERVIEW
  • 9.10.2 COMPANY INSIGHTS
  • 9.10.3 PRODUCT BENCHMARKING
  • 9.10.4 KEY DEVELOPMENT