Accounts Payable refers to the account or a file which tracks the amount to be paid for services or products provided by a supplier. Accounts Payable Service is a vast term that incorporates generation of invoice or bills through computers. The consumers or buyers are presented with the electronically generated invoice for service or product which enables them to maintain a credit while purchasing. 
This report contains market size and forecasts of Accounts Payable Service in Global, including the following market information:
Global Accounts Payable Service Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Accounts Payable Service market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Cloud/SaaS/Web Based Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Accounts Payable Service include Freshbooks, Xero, Zoho, Intuit, Brightpearl, Sage, FinancialForce, Tipalti and PaySimple, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Accounts Payable Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Accounts Payable Service Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Accounts Payable Service Market Segment Percentages, by Type, 2021 (%)
Cloud/SaaS/Web Based
Installed
Global Accounts Payable Service Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Accounts Payable Service Market Segment Percentages, by Application, 2021 (%)
SMEs
Large Enterprise
Other
Global Accounts Payable Service Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Accounts Payable Service Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Accounts Payable Service revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Accounts Payable Service revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Freshbooks
Xero
Zoho
Intuit
Brightpearl
Sage
FinancialForce
Tipalti
PaySimple
Acclivity Group
KashFlow Software
Araize
Micronetics
Norming Software
Yat Software
SAP