Accounts Payable Software
Top Rated Products
(1-5 of 7)
Sage Intacct is a cloud ERP system targeted at high-growth small and medium-sized businesses. Intacct includes applications for core financials and accounting, purchasing, order management, and financial reporting and business intelligence. It also integrates with 3rd party software…
MIP Fund Accounting™ is a configurable fund accounting solution. The solution includes functionality for fund accounting, procurement, budgeting, payroll, human resources, timekeeping, fixed asset management, grant management, and dashboards for nonprofits and government agencies.…
Webexpenses is a global provider of online expense management software to businesses of all sizes across 70+ countries. The software is used across all industries, including retail, finance, technology, construction, and not for profit. Features of the Webexpenses desktop and mobile…
SAP Concur is a SaaS expense report management product, and handles corporate travel booking, expense report automation, reimbursement, audit, and business intelligence, and corporate card integration.
QuickBooks Online is a SaaS version of the QuickBooks product. It contains all of the features found in the local version. Higher-priced plans include greater automation, payment management, inventory and time tracking, and analytics features.
All Products
(26-50 of 308)
Nexonia, by Emburse, is a tool designed to streamline employee expense reporting. It is designed to increase visibility into spendings and make the expense tracking, approval, and reporting process paperless. Nexonia was part of a merger with Certify in 2017 and is now part of the…
Melio is a small business-oriented Accounts Payable tool, presented as a service that helps small businesses keep up with business. A B2B payments experience and payment workflow designed to be simple, and to enable businesses to pay domestic and international vendors, expedite…
Explore recently added products
BlueSnap is a global eCommerce platform with flexible integration options and PCI Level 1 security. Additional capabilities include BlueSnap’s AR Automation Software (formerly Armatic, acquired October 2019) which streamlines the entire quote-to-cash process, and its Subscription…
Brex headquartered in San Francisco offers a corporate card for expenses, ecommerce, as well as rewards card, and travel expense management.
A solution for all purchase order sources by integrating into any existing procurement or ERP system, with an e-Invoicing solution to automate invoice capture, touchless accounts payable automation, and e-procurement natively integrated.
ZipBooks is an accounting software solution for small business owners and accountants. Users can track expenses, manage their team, send recurring invoices and manage projects.
Austin-based ScaleFactor provides their small business accounting automation platform designed to combine software and expert assistance to SMBs and remove concern for financial, tax and accounting challenges.
Latitude by Genesys® is a standalone product that provides an integrated solution to fully meet customers' requirements of accounts receivables challenges from day one delinquency or negligence through charge-off and debt sale. With your businesses servicing platform bridged with…
CoreIntegrator in Hummelstown provides AP Automation, built on the CoreIntegrator Workflow platform their solution provides organizations with made-to-order forms and workflows to meet purchasing workflow needs. Automate the Purchasing Department by streamlining Purchase Requisition,…
Founded in 2001, Anybill provides end-to-end accounts payable automation for small to medium enterprises (SME), as well as some of the world’s largest corporations and institutions. Anybill’s cloud-based platform automates the accounts payable process, from invoice receipt and data…
Glean provides an Intelligent AP platform. Glean Analytics leverages untapped invoice data to surface relevant context, actionable insights, and savings recommendations.
Invoiced in Austin offers their invoicing and AR automation platform, providing a platform for collecting online payments or presenting electronic invoices, AR analytics, and support for subscription-based business management on higher service tiers with subscription analytics (e.…
PredictAP is an AI-powered invoice capture solution purpose-built for real estate accounts payable. It saves time by eliminating manual data entry from invoice ingestion and coding, and integrates with AP automation solutions focused on real estate. PredictAP uses historical invoice…
TermSync is a cloud-based accounts receivable management platform. It helps companies get paid faster, reduce administrative costs, and improve customer relationships. It works with clients’ existing accounting systems and can be up in running in a day or less. Companies can choose…
Nvoicepay headquartered in Beaverton offers accounts payable automation, and vendor payment data management to enterprises.
Beanworks was an accounts payable (AP) automation platform, acquired and now offered by Quadient in 2021, as Quadient Accounts Payable. It uses custom rules to automate and show every step of an organization's AP workflow, and is used to route POs, invoices, and payment approvals…
Conexiom from the company of the same name (formery ecMarket) in headquartered in Vancouver is a Sales Order and Invoice Automation solution for manufacturers and distributors. Conexiom is designed to eliminate costly and error-prone manual data entry, allowing companies to focus…
Foundation Software headquartered in Strongsville, Ohio offers their construction accounting and payroll software. The vendor states that their job costing construction accounting software is designed to be easy to use and provides the accounting and management tools needed to run…
MineralTree automates accounts payable and payments by connecting a business' ERP/Accounting Software to their business bank account. Since the October 2021 acquisition it is a Global Payments brand.
Chrome River INVOICE, from Emburse, is a software solution designed to Increase AP team agility with fully mobile invoice management software that the vendor states improves accuracy, expedites processing and increases spend visibility.
PairSoft, the company formed from the March 2021 merger of PaperSave and Paramount Workplace, offers their eponymous procure-to-pay platform for the mid-market and enterprise, with close integration to Microsoft Dynamics, Blackbaud, Oracle, SAP, Acumatica, and Sage ERPs.
ABBYY FlexiCapture is an Intelligent Document Processing platform that aims to bring together NLP, machine learning, and recognition capabilities into a single, enterprise-scale platform to handle every type of document, from simple forms to complex free-form documents, and every…
Spendesk is smart spend management software from the company of the same name in Paris, designed for finance teams and employees, presenting flexible payments, approvals, automated receipt capture and real-time spend insights, finance can decentralize operational spending across…
Accounts Payable Software TrustMap
TrustMaps are two-dimensional charts that compare products based on trScore and research frequency by prospective buyers. Products must have 10 or more ratings to appear on this TrustMap.
Learn More About Accounts Payable Software
What is Accounts Payable Software
Accounts payable (AP) software is a centralized platform that manages an organization’s relationship with its creditors. It automates invoice processing, payables approvals, and payment execution. The software identifies errors, tracks invoices, and improves the efficiency and accuracy of AP work, allowing accountants to handle large numbers of invoices. This improves fund management and reduces manual errors. Mobile AP software features expand the number of potential invoice approvers and allow anyplace, anytime access.
AP software is used by accounting departments to manage the account payables process, by managers and executives to monitor AP activities, and by procurement teams to match purchase orders with payables.
AP online portals allow vendors and suppliers to submit invoices and track the status of their payments for the products and services they provided.
AP automation software can be delivered as a stand-alone product that provides advanced features for complex AP operations, as part of an Accounting Software suite, or as a component of an Enterprise Resource Planning (ERP) System.
AI is being used to analyze large volumes of AP transactions for error detection and AP trends. AP AI enhances accuracy and speeds up processing times.
Cloud-based platforms are increasingly popular. They are scalable, readily incorporate new features, support ERP systems integration, and make it easier to get up and running quicker.
Accounts Payable Software Features
Accounts Payable software should have most or all of the following features:
- Invoice submission - automated, data transfer, data capture, and data entry
- Invoice processing and tracking
- Portals for vendor/supplier invoicing
- Purchase Order (PO) and invoice matching
- Payment management – invoice and payment order matching, tracking, and approval
- Approval workflow – approver permissions, templates/custom approval workflows, automated approval, and manual approval criteria, recurring payment automation, payment prioritization
- Payment automation – electronic EFT or ACH, automated check printing
- Due date alerts
- Duplicate payment alerts
- Vendor / Supplier Management – terms, payment account details, contact information
- Document Management
- Accounting regulation and standards compliance
- AP reporting, dashboards, data visualization
- 1099 creation and distribution
- Integration with accounting, ERP suites
- Cloud-based, SaaS, on-premises options
Accounts Payable Software Comparison
Consider the following when purchasing account payable software solutions.
- Features: Most accounting solutions include accounts payable features but do not necessarily provide the functionality to handle complex AP processes. Standalone AP products provide the tools to support more complex AP operations.
- Integrations: When purchasing standalone AP software ensure that it will integrate with your existing accounting and ERP systems.
- Industry: There are AP platforms that are specifically built to support retail, manufacturing, or restaurants.
- Scale: AP solutions that are appropriate for small to midsize businesses may not be suitable for enterprise-level organizations. Can the software readily scale as your business grows?
Pricing Information
Entry-level accounts payable software as a cloud-based subscription service starts at around $39 a month per user and goes up to over $150 a month. Pricing can increase dramatically depending upon the features offered and the scale of the operation. Enterprise-level products usually require obtaining a quote from the vendor. Basic small business on-premises licensing starts at $200. Free trials are available.
Related Categories
Frequently Asked Questions
What is the difference between accounts receivable and accounts payable?
What does accounts payable software do?
What are the benefits of using accounts payable software?
Key benefits of accounts payable software include:
- Cost Savings: Reduced manual work and fewer human errors increase efficiency and accuracy.
- Workload Management: AP automation enables accountants to manage large numbers of invoices.
- Improved Vendor Relations: Making accurate and timely payments fosters good relations with vendors and suppliers which may result in discounting or incentives from your providers.
- Better Decision Making: A complete understanding of where your expenditures are going makes for informed decision making
- Improved Cash Management: Real-time AP information helps cash management
- Fraud Reduction: Increased visibility and transparency reduces fraud.