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Published October 25, 2024

AP Automation Adoption Among the Global Top 100

Analyzing the Strategic Technology Investments in AP Automation


By Misho Markovski, Aleksandra Markovska and Andrej Micikj
AP Automation Adoption Among the Global Top 100
AP Automation Adoption Among the Global Top 100

This report delves into the adoption of AP Automation by the Global Top 100 companies, both privately-held and publicly-traded, as ranked by size, including employee count and revenue metrics, such as those found in the Fortune 1000 and Global 2000 listings. We explore how these leading enterprises are leveraging AP Automation to pursue strategic goals and drive lasting benefits across various business functions.

The adoption of AP Automation within these top companies reveals significant investments in ERP Financial Management technology, highlighting a broad and diverse approach. These organizations frequently partner with multiple vendors, integrating complementary ERP Financial Management solutions to achieve their business objectives. This multi-vendor approach allows them to tailor ERP Financial Management deployments that drive competitive advantages, operational efficiencies, and overall sustainability.

Our latest findings detail the software purchases related to AP Automation among these top 100 enterprises, their technology investments span a range of ERP Financial Management tools and solutions, underscoring the complexity of ERP Financial Management adoption at this level.

AP Automation Vendors Among the Global Top 100

Serrala currently holds a 26% market share in the AP Automation space, making it the leading provider among the Global Top 100, followed by Kofax, Coupa Software, SAP, and Oracle.

VendorsAP Automation AppsMarket Share
SerralaSerrala FinanceSuite, Serrala FinanceSuite Accounts Payable, Serrala FS2 AccountsPayable26%
KofaxKofax MarkView, Kofax ReadSoft Online17%
Coupa SoftwareCoupa Invoice13%
SAPSAP Ariba Invoice, SAP Concur Invoice, SAP S/4 HANA – Accounts Payables10%
OracleOracle PeopleSoft Payables, Oracle JD Edwards EnterpriseOne Accounts Payable, Oracle e-Business Suite Accounts Payable, Oracle Cloud ERP Accounts Payable6%
Rossum.aiRossum.ai Platform5%
BasWareBasware AP Automation4%
TradeShiftTradeshift Pay4%
OpenTextOpenText Vendor Invoice Management, OpenText Intelligent Capture (ex OpenText Captiva)3%
Tungsten NetworkTungsten AP Invoice Automation2%
APEX AnalytixApexanalytix Firststrike2%
TauliaTaulia AP Automation2%
MediusFlowMediusFlow AP Invoice Automation1%
IBMIBM AS/400 Accounts Payable1%
SignUp Software ABExFlow D365 FO1%
TipaltiTipalti Invoice Management and Bill Processing System1%
Celonis GmbHCelonis AP Automation1%
QuadientQuadient BeanworksAP1%
Grand Total100%

The insights derived from our research will empower marketers, product managers, and IT professionals to better understand the adoption trends shaping the future of AP Automation. These trends can potentially lead to significant shifts within the competitive landscape, impacting strategies and market positioning for years to come.

By monitoring these top enterprises and their technology choices, we equip our clients with the knowledge needed to anticipate changes and stay ahead in the rapidly transforming world of enterprise software and ERP Financial Management innovation.

Custom data cuts related to the AP Automation Market are available:

  • Top AP Automation Vendors, Market Size and Market Forecast 2023-2027
  • AP Automation Market By Vertical Market (21 Industry)
  • AP Automation Market By Country (USA + 45 countries)
  • AP Automation Market By Region (Americas, EMEA, APAC)
  • AP Automation Market By Customer Size (revenue, employee count, asset)
  • AP Automation Market By Channel (Direct vs Indirect)
  • AP Automation Market By Vendor or Product
    Buyer Intent: Companies Reading this Research Report
    ARTW Buyer Intent uncovers actionable customer signals, identifying software buyers actively reading this research report. Gain ongoing access to real-time prospects and uncover hidden opportunities. Companies Actively accessing this research report include:
    1. Sonova Audiological Care, a Switzerland based Manufacturing organization with 18151 Employees
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    LogoCompanyIndustryEmployeesRevenueCountryEvaluated

Global Top 100 adopting AP Automation

The influence of these top 100 organizations on the broader ERP Financial Management market is profound, despite their representation of only a small segment of the digital transformations we track annually. These companies often serve as early adopters and trendsetters, shaping the future of ERP Financial Management and driving innovations that impact the industry at large.

Our Buyer Insight Technographics Database provides a closer look at these major organizations, capturing the size and intricacy of their IT stacks, along with the frequency of their technology investments. This unique database reveals patterns in ERP Financial Management adoption and highlights emerging trends, which are crucial for understanding the evolving landscape of AP Automation.

Our research team continuously tracks the adoption of various AP Automation, drawing on both publicly available information, such as press releases and case studies, and proprietary data sources. Each quarter, we update our records to reflect new ERP Financial Management implementations, providing clients with current and relevant insights into market shifts.

Here are the Global Top 100 companies and their adoption of AP Automation

CustomerIndustryEmployeesRevenueCountryVendorAP Automation AppsWhen
AccentureProfessional Services750000$64.1BIrelandCelonis GmbHCelonis AP Automation2018
DHL GroupTransportation594879$87.5BGermanyIBMIBM AS/400 Accounts Payable2018
United Parcel Service (UPS)Transportation500000$91.0BUnited StatesCoupa SoftwareCoupa Invoice2021
ConcentrixProfessional Services440000$7.1BUnited StatesCoupa SoftwareCoupa Invoice2019
Ahold DelhaizeRetail414000$96.0BNetherlandsCoupa SoftwareCoupa Invoice2016
EdekaRetail410000$75.0BGermanySerralaSerrala FinanceSuite2014
Robert BoschProfessional Services402600$84.9BGermanyRossum.aiRossum.ai Platform2021
Ey GlobalProfessional Services395442$49.4BUnited KingdomRossum.aiRossum.ai Platform2021
LidlRetail376000$134.2BGermanySerralaSerrala FinanceSuite Accounts Payable2018
U.S. Department of Veterans AffairsGovernment371000$301.0BUnited StatesTungsten NetworkTungsten AP Invoice Automation2007
PwCProfessional Services364000$50.3BUnited KingdomRossum.aiRossum.ai Platform2021
Deutsche BahnTransportation322800$50.0BGermanySerralaSerrala FS2 AccountsPayable2020
JP Morgan ChaseBanking and Financial Services313206$155.0BUnited StatesSAPSAP Concur Invoice2019
IBMProfessional Services282200$61.9BUnited StatesSerralaSerrala FinanceSuite2010
City of New YorkGovernment281917$107.1BUnited StatesKofaxKofax MarkView2012
SubscribeGovernment260000$97.3BUnited StatesKofaxKofax MarkView2017
SubscribeManufacturing250000$33.5BUnited StatesSerralaSerrala FinanceSuite Accounts Payable2020
SubscribeProfessional Services248937$21.5BUnited StatesQuadientQuadient BeanworksAP2018
SubscribeRetail236000$38.2BUnited StatesCoupa SoftwareCoupa Invoice2020
SubscribeBanking and Financial Services222544$82.6BUnited StatesSAPSAP Ariba Invoice2021
SubscribeProfessional Services220000$47.1BFranceRossum.aiRossum.ai Platform2019
SubscribeHealthcare219000$357.8BUnited StatesSerralaSerrala FinanceSuite Accounts Payable2012
SubscribeCommunications204236$122.9BGermanySAPSAP Ariba Invoice2020
SubscribeAutomotive202763$21.8BGermanySerralaSerrala FinanceSuite2013
SubscribeAutomotive186600$23.5BUnited StatesOracleOracle PeopleSoft Payables2015
SubscribeRetail175647$69.1BFranceMediusFlowMediusFlow AP Invoice Automation2019
SubscribeAutomotive170000$54.7BFranceSerralaSerrala FinanceSuite2011
SubscribeUtilities164640$39.9BFranceKofaxKofax ReadSoft Online2018
SubscribeAutomotive149475$155.0BGermanySerralaSerrala FinanceSuite2018
SubscribeConsumer Packaged Goods139000$52.9BUnited StatesTauliaTaulia AP Automation2017
SubscribeCommunications136430$43.5BFranceKofaxKofax ReadSoft Online2013
SubscribeTransportation132100$52.8BUnited StatesCoupa SoftwareCoupa Invoice2018
SubscribeLife Sciences131900$85.2BUnited StatesAPEX AnalytixApexanalytix Firststrike2018
SubscribeProfessional Services130000$13.7BUnited StatesSignUp Software ABExFlow D365 FO2018
SubscribeConstruction and Real Estate130000$31.9BUnited StatesTradeShiftTradeshift Pay2015
SubscribeLeisure and Hospitality120000$2.3BUnited StatesKofaxKofax MarkView2019
SubscribeProfessional Services115661$14.0BBelgiumRossum.aiRossum.ai Platform2021
SubscribeAerospace and Defense112406$37.4BUnited Arab EmiratesOpenTextOpenText Vendor Invoice Management2017
SubscribeGovernment112000$35.5BUnited StatesOpenTextOpenText Intelligent Capture (ex OpenText Captiva)2020
SubscribeLife Sciences111422$75.3BGermanySerralaSerrala FinanceSuite2014
SubscribeLeisure and Hospitality110000$25.0BUnited StatesKofaxKofax MarkView2013
SubscribeDistribution110000$18.7BFranceOracleOracle JD Edwards EnterpriseOne Accounts Payable2014
SubscribeRetail109000$9.7BUnited StatesSAPSAP Ariba Invoice2017
SubscribeProfessional Services108700$35.9BSwitzerlandBasWareBasware AP Automation2014
SubscribeTransportation106000$53.7BUnited StatesCoupa SoftwareCoupa Invoice2019
SubscribeTransportation105909$81.5BDenmarkSerralaSerrala FinanceSuite2011
SubscribeCommunications103638$44.0BSpainSerralaSerrala FinanceSuite2013
SubscribeLeisure and Hospitality102400$13.2BUnited StatesOracleOracle Cloud ERP Accounts Payable2021
SubscribeCommunications101100$54.6BUnited StatesSAPSAP Ariba Invoice2017
SubscribeManufacturing100202$41.3BGermanySerralaSerrala FinanceSuite2018
SubscribeConstruction and Real Estate100000$23.9BUnited StatesTradeShiftTradeshift Pay2015
SubscribeProfessional Services99175$37.8BSwitzerlandSerralaSerrala FinanceSuite2019
SubscribeProfessional Services99000$33.1BUnited StatesSerralaSerrala FinanceSuite Accounts Payable2016
SubscribeTransportation98739$39.0BGermanySerralaSerrala FinanceSuite2018
SubscribeRetail95826$40.7BSwitzerlandSerralaSerrala FinanceSuite2012
SubscribeTransportation95086$10.1BFranceKofaxKofax ReadSoft Online2013
SubscribeManufacturing95000$36.7BUnited StatesSerralaSerrala FS2 AccountsPayable2018
SubscribeRetail93500$11.1BAustriaSerralaSerrala FinanceSuite2013
SubscribeInsurance92695$102.0BFranceSerralaSerrala FinanceSuite2015
SubscribeBanking and Financial Services92400$32.0BUnited KingdomCoupa SoftwareCoupa Invoice2019
SubscribeConsumer Packaged Goods91000$36.0BUnited StatesTungsten NetworkTungsten AP Invoice Automation2016
SubscribeConsumer Packaged Goods90000$33.2BNetherlandsBasWareBasware AP Automation2020
SubscribeUtilities88241$102.5BFranceCoupa SoftwareCoupa Invoice2018
SubscribeLife Sciences88000$58.5BUnited StatesAPEX AnalytixApexanalytix Firststrike2018
SubscribeProfessional Services87000$15.5BUnited StatesSerralaSerrala FinanceSuite Accounts Payable2013
SubscribeProfessional Services87000$15.5BUnited StatesCoupa SoftwareCoupa Invoice2017
SubscribeLeisure and Hospitality87000$4.7BUnited StatesOpenTextOpenText Vendor Invoice Management2021
SubscribeConsumer Packaged Goods86000$15.5BFranceKofaxKofax ReadSoft Online2015
SubscribeRetail85000$43.5BUnited StatesKofaxKofax MarkView2018
SubscribeManufacturing82981$14.7BGermanyTradeShiftTradeshift Pay2016
SubscribeAerospace and Defense80000$17.0BFranceKofaxKofax ReadSoft Online2018
SubscribeBanking and Financial Services78823$25.6BFranceTauliaTaulia AP Automation2024
SubscribeProfessional Services77500$15.0BFranceSerralaSerrala FinanceSuite2016
SubscribeHealthcare77000$6.8BUnited StatesKofaxKofax MarkView2016
SubscribeRetail75000$14.0BUnited StatesOracleOracle e-Business Suite Accounts Payable2015
SubscribeTransportation74081$26.1BUnited StatesKofaxKofax MarkView2013
SubscribeUtilities72242$100.6BGermanySerralaSerrala FinanceSuite Accounts Payable2009
SubscribeTransportation71000$15.7BFranceTradeShiftTradeshift Pay2015
SubscribeHealthcare70000$12.1BUnited StatesKofaxKofax MarkView2018
SubscribeRetail69440$16.3BUnited StatesOracleOracle PeopleSoft Payables2012
SubscribeConstruction and Real Estate68000$3.5BUnited KingdomKofaxKofax ReadSoft Online2015
SubscribeOil, Gas and Chemicals67100$32.9BFranceKofaxKofax ReadSoft Online2017
SubscribeHealthcare67000$12.2BUnited StatesOracleOracle PeopleSoft Payables2015
SubscribeRetail65000$4.0BGermanySerralaSerrala FinanceSuite2014
SubscribeLeisure and Hospitality65000$7.1BUnited KingdomKofaxKofax MarkView2020
SubscribeManufacturing64000$23.1BUnited StatesCoupa SoftwareCoupa Invoice2019
SubscribeProfessional Services60000$16.4BUnited StatesSAPSAP Concur Invoice2017
SubscribeLife Sciences60000$14.8BUnited StatesCoupa SoftwareCoupa Invoice2017
SubscribeRetail60000$15.5BUnited StatesKofaxKofax MarkView2014
SubscribeLeisure and Hospitality60000$6.0BUnited StatesTipaltiTipalti Invoice Management and Bill Processing System2021
SubscribeConsumer Packaged Goods59400$14.8BUnited StatesSerralaSerrala FinanceSuite Accounts Payable2003
SubscribeConsumer Packaged Goods59000$20.0BSwitzerlandSAPSAP Ariba Invoice2017
SubscribeManufacturing58163$19.6BSwedenBasWareBasware AP Automation2018
SubscribeUtilities58000$25.5BUnited StatesSAPSAP Ariba Invoice2016
SubscribeLeisure and Hospitality58000$16.2BUnited StatesCoupa SoftwareCoupa Invoice2018
SubscribeBanking and Financial Services55767$24.2BCanadaCoupa SoftwareCoupa Invoice2020
SubscribeHealthcare55000$5.0BUnited StatesBasWareBasware AP Automation2017
SubscribeConsumer Packaged Goods53184$23.8BPhilippinesSAPSAP S/4 HANA – Accounts Payables2018
SubscribeLife Sciences53155$29.4BGermanySAPSAP Concur Invoice2013
SubscribeManufacturing53000$22.1BUnited StatesSerralaSerrala FinanceSuite2012
SubscribeConstruction and Real Estate51000$14.4BUnited StatesKofaxKofax MarkView2014

Source: APPS RUN THE WORLD, October 2024

Research Methodology

Each year our global team of researchers conduct an annual survey of thousands of enterprise software vendors by contacting them directly on their latest quarterly and annual revenues by country, functional area, and vertical market. We supplement their written responses with our own primary research to determine quarterly and yearly growth rates, In addition to customer wins to ascertain whether these are net new purchases or expansions of existing implementations.

Another dimension of our proactive research process is through continuous improvement of our customer database, which stores more than ten million software purchases and records on the enterprise software landscape of over 2 million organizations around the world.

The database provides customer insight and contextual information on what types of enterprise software systems and other relevant technologies are they running and their propensity to invest further with their current or new suppliers as part of their overall IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

The result is a combination of supply-side data and demand-generation customer insight that allows our clients to better position themselves in anticipation of the next wave that will reshape the enterprise software marketplace for years to come.

  • Global Top 100
Previous articleEPM Adoption Among the Global Top 100
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Misho Markovski
https://www.appsruntheworld.com/
Head of Research at APPS RUN THE WORLD
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