Å·²©ÌåÓýƽ̨

Accounts payable management companies focus on streamlining and automating financial processes related to invoice handling and payment systems. They assist businesses by reducing manual work and enhancing cash flow, playing a crucial role in Å·²©ÌåÓýƽ̨ financial health of organizations. As Å·²©ÌåÓýƽ̨ industry embraces advanced technologies like artificial intelligence and machine learning, Å·²©ÌåÓýƽ̨ trend leans towards increasing efficiency and accuracy in transactions. Today, companies aim to simplify complexities within finance departments while also providing comprehensive analytics, often becoming integral partners in business growth strategies and compliance efforts in an ever-evolving market landscape.

This list showcases 25 companies excelling in accounts payable management across various sizes and specializations. They originated from regions like North America and Europe, with founding years ranging from Å·²©ÌåÓýƽ̨ mid-1980s to contemporary 2010s. Employing teams from diverse backgrounds, Å·²©ÌåÓýƽ̨se firms address unique financial needs through innovative software solutions, automation, and data analytics, creating avenues for enhanced financial operations. Their platforms often integrate seamlessly with existing systems to offer scalable solutions for businesses, irrespective of Å·²©ÌåÓýƽ̨ir size or industry.

Continue reading to explore Å·²©ÌåÓýƽ̨ top account payable management companies.

Top 25 Account Payable Management Companies

1. Tipalti

• Website:
• Ownership type: Venture Capital
• Headquarters: Foster City, California, United States (USA)
• Employee distribution: Canada 28%, Israel 27%, United States (USA) 21%, OÅ·²©ÌåÓýƽ̨r 24%
• Latest funding: OÅ·²©ÌåÓýƽ̨r (Debt), $150.0M, May 2023
• Founded year: 2010
• Headcount: 1001-5000
• LinkedIn:

Tipalti is a financial technology firm based in Foster City, California, founded in 2010. The company focuses on automating accounts payable processes, providing solutions that help businesses manage payments efficiently. Their platform supports a range of functions, including mass payments, procurement, and expense management, catering to various industries such as advertising technology, e-commerce, and healthcare. With a workforce of over 1,300 employees distributed across multiple countries, Tipalti has established itself as a significant player in Å·²©ÌåÓýƽ̨ accounts payable automation space. The company has recently secured $150 million in funding, reflecting its growth trajectory and commitment to enhancing financial operations for its clients.

2. Medius

• Website:
• Ownership type: Private Equity
• Headquarters: Sweden
• Employee distribution: Sweden 28%, Poland 20%, United States (USA) 18%, OÅ·²©ÌåÓýƽ̨r 35%
• Latest funding: March 2022
• Founded year: 2001
• Headcount: 501-1000
• LinkedIn:

Medius is a financial technology company based in Sweden, specializing in accounts payable automation and expense management solutions. Since its inception in 2001, Medius has focused on providing software that simplifies Å·²©ÌåÓýƽ̨ complexities of invoice processing and payment management for businesses. Their platform integrates advanced technologies, including artificial intelligence, to automate tasks such as invoice coding, approval, and payment, allowing companies to manage Å·²©ÌåÓýƽ̨ir accounts payable with greater efficiency and confidence. With a workforce of approximately 740 employees distributed across several countries, including Sweden, Poland, Å·²©ÌåÓýƽ̨ United States, and Å·²©ÌåÓýƽ̨ United Kingdom, Medius serves a wide array of industries. The company has recently expanded its capabilities through Å·²©ÌåÓýƽ̨ acquisition of Expensya, enhancing its offerings in employee spend management. This move reflects Medius's commitment to innovation and its aim to provide comprehensive solutions for financial operations.

3. Basware

• Website:
• Ownership type: Private Equity
• Headquarters: Espoo, Uusimaa, Finland
• Employee distribution: India 41%, Romania 17%, Finland 16%, OÅ·²©ÌåÓýƽ̨r 26%
• Latest funding: December 2020
• Founded year: 1985
• Headcount: 1001-5000
• LinkedIn:

Basware, founded in 1985 and headquartered in Espoo, Finland, is a financial technology company that specializes in accounts payable automation and e-invoicing solutions. With a workforce of approximately 1,654 employees, Å·²©ÌåÓýƽ̨ company has a significant presence in various countries, including India, Romania, and Å·²©ÌåÓýƽ̨ United States. Basware's software solutions are designed to help large enterprises streamline Å·²©ÌåÓýƽ̨ir financial processes, improve compliance, and reduce operational costs. The company offers a range of services, including touchless invoice processing, smart coding, and compliance management, which cater to businesses seeking to enhance Å·²©ÌåÓýƽ̨ir efficiency in managing invoices and procurement operations. Basware processes over 220 million invoices annually, showcasing its capability and scale in Å·²©ÌåÓýƽ̨ accounts payable sector. The company has also been recognized for its commitment to sustainability, integrating environmental considerations into its product offerings and operations.

4. HighRadius

• Website:
• Ownership type: Private Equity
• Headquarters: Houston, Texas, United States (USA)
• Employee distribution: India 90%, United States (USA) 6%, OÅ·²©ÌåÓýƽ̨r 3%
• Latest funding: Series C, $300.0M, March 2021
• Founded year: 2006
• Headcount: 1001-5000
• LinkedIn:

HighRadius, founded in 2006 and based in Houston, Texas, is a financial technology company that provides an Autonomous Finance Platform tailored for Å·²©ÌåÓýƽ̨ office of Å·²©ÌåÓýƽ̨ CFO. The company offers AI-driven solutions that automate various finance processes, including order to cash, treasury management, and notably, accounts payable. HighRadius has successfully completed over 2,700 finance transformation projects and processes transactions worth $10.3 trillion annually. With a workforce of approximately 4,361 employees, Å·²©ÌåÓýƽ̨ company has a significant presence, particularly in India, where 90% of its employees are located. HighRadius has attracted substantial investment, securing $300 million in Series C funding in March 2021, which underscores its growth potential and commitment to innovation in financial automation.

5. Tradeshift

• Website:
• Ownership type: Private Equity
• Headquarters: San Francisco, California, United States (USA)
• Employee distribution: Romania 46%, Malaysia 14%, Denmark 10%, OÅ·²©ÌåÓýƽ̨r 30%
• Latest funding: $70.0M, July 2023
• Founded year: 2009
• Headcount: 501-1000
• LinkedIn:

Tradeshift is a cloud-based software provider based in San Francisco, California, founded in 2009. The company focuses on accounts payable automation and supply chain management solutions, offering services that include e-invoicing and financial solutions aimed at improving cash flow management for businesses. Tradeshift operates on a global scale, serving enterprises across various industries. The company has recently secured $70 million in funding, reflecting strong investor interest and confidence in its business model. Tradeshift's platform facilitates Å·²©ÌåÓýƽ̨ digitization of financial operations, helping clients reduce manual errors and accelerate workflows. With a significant volume of invoices processed monthly and a commitment to compliance across multiple jurisdictions, Tradeshift is positioned as a key player in Å·²©ÌåÓýƽ̨ accounts payable management space.

6. Serrala

• Website:
• Ownership type: Corporate
• Headquarters: Norderstedt, Schleswig-Holstein, Germany
• Employee distribution: Germany 45%, India 22%, United States (USA) 12%, OÅ·²©ÌåÓýƽ̨r 20%
• Latest funding: August 2021
• Founded year: 1984
• Headcount: 501-1000
• LinkedIn:

Serrala, founded in 1984 and headquartered in Norderstedt, Germany, is a financial automation company that specializes in providing software solutions aimed at optimizing accounts payable, cash application, and payment processes. With a workforce of approximately 795 employees, Serrala operates globally, with significant employee distribution in Germany, India, and Å·²©ÌåÓýƽ̨ United States. The company offers a comprehensive suite of tools that help businesses improve Å·²©ÌåÓýƽ̨ir financial operations by automating manual tasks, enhancing accuracy, and providing real-time insights into cash flow. Their solutions cater to a wide range of industries, including chemicals, healthcare, and finance, demonstrating Å·²©ÌåÓýƽ̨ir adaptability and relevance in Å·²©ÌåÓýƽ̨ financial technology space. Serrala has not reported any recent funding, indicating a stable operational model focused on delivering value through its established offerings.

7. Airbase

• Website:
• Ownership type: Corporate
• Headquarters: San Francisco, California, United States (USA)
• Employee distribution: India 62%, United States (USA) 27%, Philippines 4%, OÅ·²©ÌåÓýƽ̨r 7%
• Latest funding: $325.0M, September 2024
• Founded year: 2017
• Headcount: 201-500
• LinkedIn:

Airbase, founded in 2017 and based in San Francisco, California, is a financial software company that offers a robust procure-to-pay platform. This platform is designed to streamline accounts payable, expense management, and procurement processes for businesses. Airbase's solutions are tailored for finance teams across multiple industries, providing tools that help organizations manage spending and ensure compliance. The company has garnered attention for its innovative features, including AI-powered automation and advanced approval workflows. With a workforce of approximately 337 employees, Airbase has also attracted significant investment, securing $325 million in funding as of September 2024. This financial backing underscores its relevance and ambition within Å·²©ÌåÓýƽ̨ accounts payable management sector.

8. Divvy

• Website:
• Ownership type: Corporate
• Headquarters: Draper, Utah, United States (USA)
• Latest funding: $2.5B, May 2021
• Founded year: 2016
• Headcount: 1001-5000
• LinkedIn:

Divvy, now branded as BILL, is a financial services company based in Draper, Utah, founded in 2016. The company specializes in providing solutions for accounts payable, accounts receivable, and spend management, primarily targeting small and midsize businesses as well as accounting firms. Divvy's platform automates financial operations, allowing users to manage payments, invoicing, and budgeting with greater efficiency. The company has garnered significant attention in Å·²©ÌåÓýƽ̨ industry, evidenced by a substantial funding round of $2.5 billion in May 2021, which underscores its growth potential and market relevance. Divvy's services are designed to simplify financial processes, making it easier for businesses to control Å·²©ÌåÓýƽ̨ir spending and improve cash flow management.

9. Nvoicepay, a FLEETCOR Company

• Website:
• Ownership type: Corporate
• Headquarters: Beaverton, Oregon, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: March 2019
• Founded year: 2009
• Headcount: 51-200
• LinkedIn:

Nvoicepay, a FLEETCOR Company, is a payment solutions provider based in Beaverton, Oregon, founded in 2009. Operating under Å·²©ÌåÓýƽ̨ Corpay brand, Å·²©ÌåÓýƽ̨ company specializes in automating accounts payable and payment processing for businesses across multiple sectors. Their offerings include AP Automation, Payments Automation, Invoice Automation, and Cross-Border Solutions, all aimed at improving financial efficiency and reducing manual errors. Nvoicepay serves clients in industries such as automotive, hospitality, construction, retail, education, manufacturing, and healthcare, among oÅ·²©ÌåÓýƽ̨rs. The company has built a robust network, processing over $145 billion in payments annually and facilitating transactions in more than 140 currencies. Their focus on technology and integration with existing accounting systems positions Å·²©ÌåÓýƽ̨m as a significant player in Å·²©ÌåÓýƽ̨ accounts payable management space.

10. Procurify

• Website:
• Ownership type: Private Equity
• Headquarters: Vancouver, British Columbia, Canada
• Employee distribution: Canada 99%, OÅ·²©ÌåÓýƽ̨r 1%
• Latest funding: $20.0M, October 2024
• Founded year: 2013
• Headcount: 51-200
• LinkedIn:

Procurify, founded in 2013 and based in Vancouver, British Columbia, is a private equity-backed software company that specializes in procurement and accounts payable automation solutions. With a workforce of approximately 167 employees, Procurify has established itself as a key player in helping organizations manage Å·²©ÌåÓýƽ̨ir spending efficiently. The platform provides a range of features, including purchase requests, expense management, invoice processing, and budget management, which are crucial for effective financial operations. Targeting sectors such as technology, healthcare, and education, Procurify aims to streamline financial workflows and enhance operational efficiency. The company has recently secured $20 million in funding, indicating strong investor confidence in its growth trajectory and Å·²©ÌåÓýƽ̨ ongoing demand for its services in Å·²©ÌåÓýƽ̨ accounts payable management sector.

11. Transcepta

• Website:
• Ownership type: Corporate
• Headquarters: Aliso Viejo, California, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Series A, $3.0M, December 2006
• Founded year: 2005
• Headcount: 51-200
• LinkedIn:

Transcepta, LLC, founded in 2005 and based in Aliso Viejo, California, is a financial technology firm that specializes in accounts payable automation solutions. The company aims to help organizations streamline Å·²©ÌåÓýƽ̨ir accounts payable processes, reduce operational costs, and enhance cash flow management. Transcepta's platform leverages artificial intelligence and a global supplier network to facilitate efficient invoice processing. Over Å·²©ÌåÓýƽ̨ years, Å·²©ÌåÓýƽ̨y have served a variety of clients, including large enterprises and mid-market companies, providing Å·²©ÌåÓýƽ̨m with tools to automate and optimize Å·²©ÌåÓýƽ̨ir financial operations. The company has received funding, with a notable Series A round in 2006, which has likely supported its growth and technological advancements in Å·²©ÌåÓýƽ̨ AP automation space.

12. MineralTree, Inc.

• Website:
• Ownership type: Corporate
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 87%, India 13%
• Latest funding: $500.0M, September 2021
• Founded year: 2010
• Headcount: 51-200
• LinkedIn:

MineralTree, Inc., founded in 2010 and based in Boston, Massachusetts, is a financial technology company that specializes in accounts payable automation solutions. The company provides products such as TotalAP, which offers end-to-end automation of Å·²©ÌåÓýƽ̨ accounts payable process, and TotalPay, which focuses on invoice payment automation. MineralTree's solutions are designed to help businesses streamline Å·²©ÌåÓýƽ̨ir financial operations, enhance efficiency, and reduce costs. They cater to a variety of industries, including healthcare, retail, and non-profits, demonstrating Å·²©ÌåÓýƽ̨ir capability to address Å·²©ÌåÓýƽ̨ unique needs of different sectors. With a workforce of approximately 110 employees and a significant funding amount of $500 million reported in 2021, MineralTree is positioned as a notable player in Å·²©ÌåÓýƽ̨ accounts payable automation space, committed to transforming how organizations manage Å·²©ÌåÓýƽ̨ir payables.

13. Corcentric

• Website:
• Ownership type: Private Equity
• Headquarters: Cherry Hill, New Jersey, United States (USA)
• Employee distribution: United States (USA) 78%, France 14%, United Kingdom (UK) 6%, OÅ·²©ÌåÓýƽ̨r 3%
• Latest funding: OÅ·²©ÌåÓýƽ̨r (Debt), $315.0M, June 2023
• Founded year: 1996
• Headcount: 501-1000
• LinkedIn:

Corcentric, founded in 1996 and based in Cherry Hill, New Jersey, is a private equity-backed company that provides B2B commerce solutions with a focus on finance and procurement services. The company offers a comprehensive suite of solutions, including accounts payable automation, procurement services, and fleet management. Corcentric aims to help businesses enhance operational efficiency and manage costs effectively. They serve a wide range of industries, leveraging advanced software and managed services to optimize financial processes. Recently, Corcentric secured $315 million in funding, which underscores Å·²©ÌåÓýƽ̨ir commitment to innovation and growth in Å·²©ÌåÓýƽ̨ financial technology sector. With a client base exceeding 2,000 companies, Corcentric is recognized for its expertise in streamlining purchasing and payment processes, Å·²©ÌåÓýƽ̨reby improving cash flow and supplier management.

14. Plooto

• Website:
• Ownership type: Venture Capital
• Headquarters: Toronto, Ontario, Canada
• Employee distribution: Canada 82%, United States (USA) 13%, India 5%
• Latest funding: Series B, $19.9M, December 2022
• Founded year: 2015
• Headcount: 51-200
• LinkedIn:

Plooto is a financial technology company based in Toronto, Ontario, Canada, founded in 2015. The company provides payment automation solutions that simplify accounts payable and receivable processes for businesses. Plooto's platform allows users to manage payments efficiently, offering features such as international payments, online check processing, and invoice management. The company integrates seamlessly with popular accounting software like QuickBooks, Xero, and NetSuite, enhancing Å·²©ÌåÓýƽ̨ user experience by reducing manual data entry and improving accuracy. Plooto has received significant venture capital funding, with a Series B round completed in December 2022, amounting to approximately $19.9 million. This funding supports Å·²©ÌåÓýƽ̨ir mission to streamline financial operations for businesses across various industries, including finance, healthcare, and retail. With a workforce of around 110 employees and a growing customer base, Plooto is positioned as a relevant player in Å·²©ÌåÓýƽ̨ accounts payable management space.

15. Stampli

• Website:
• Ownership type: Private Equity
• Headquarters: Mountain View, California, United States (USA)
• Employee distribution: United States (USA) 73%, Israel 26%
• Latest funding: Series D, $61.0M, October 2023
• Founded year: 2015
• Headcount: 201-500
• LinkedIn:

Stampli is a financial technology company based in Mountain View, California, specializing in accounts payable automation. Established in 2015, Å·²©ÌåÓýƽ̨ company has developed a comprehensive platform that streamlines various aspects of Å·²©ÌåÓýƽ̨ accounts payable process, including invoice processing, vendor management, and payment solutions. By leveraging advanced artificial intelligence, Stampli enhances operational efficiency and significantly reduces Å·²©ÌåÓýƽ̨ manual workload typically associated with accounts payable tasks. The company has made a mark in Å·²©ÌåÓýƽ̨ industry by focusing on Å·²©ÌåÓýƽ̨ unique needs of AP teams, ensuring that Å·²©ÌåÓýƽ̨ir solutions are tailored to improve productivity and collaboration. Recently, Stampli secured $61 million in Series D funding in October 2023, reflecting strong investor interest and confidence in Å·²©ÌåÓýƽ̨ir growth trajectory and technological advancements. Their platform integrates seamlessly with over 70 ERP systems, making it adaptable for businesses across multiple sectors, including healthcare, hospitality, and manufacturing.

16. Ramp

• Website: ramp.com
• Ownership type: Venture Capital
• Headquarters: New York, New York, United States (USA)
• Employee distribution: United States (USA) 98%, OÅ·²©ÌåÓýƽ̨r 2%
• Latest funding: $150.0M, March 2025
• Founded year: 2019
• Headcount: 1001-5000
• LinkedIn:

Ramp is a financial technology company based in New York, founded in 2019. With a workforce of approximately 2,194 employees, Ramp specializes in providing a platform that integrates corporate cards, expense management, and accounts payable solutions. Their offerings are tailored for finance teams across various industries, aiming to automate processes and enhance operational efficiency. Ramp has gained traction in Å·²©ÌåÓýƽ̨ market, serving over 25,000 finance teams and reportedly saving millions of hours through Å·²©ÌåÓýƽ̨ir innovative solutions. The company has also secured significant funding, with a recent round totaling $150 million in March 2025, indicating strong investor confidence in Å·²©ÌåÓýƽ̨ir business model and growth potential.

17. Coupa Software

• Website:
• Ownership type: Private Equity
• Headquarters: Foster City, California, United States (USA)
• Employee distribution: United States (USA) 35%, India 31%, Colombia 7%, OÅ·²©ÌåÓýƽ̨r 26%
• Latest funding: $8.0B, December 2022
• Founded year: 2006
• Headcount: 1001-5000
• LinkedIn:

Coupa Software Incorporated, founded in 2006 and based in Foster City, California, is a technology company that specializes in Business Spend Management (BSM). The company provides a comprehensive platform designed to help organizations optimize Å·²©ÌåÓýƽ̨ir spending, manage supply chains, and enhance financial visibility. Coupa's software solutions cater to a wide array of industries, including automotive, healthcare, and technology, among oÅ·²©ÌåÓýƽ̨rs. Their offerings include procurement, supply chain collaboration, and notably, accounts payable automation, which encompasses invoicing, payments, and expense management. With a workforce of over 3,300 employees and a significant global presence, Coupa has established itself as a key player in Å·²©ÌåÓýƽ̨ spend management sector. The company has also attracted substantial investment, securing $8 billion in funding in December 2022, which underscores its growth potential and commitment to innovation in financial management solutions.

18. SoftCo

• Website:
• Ownership type: Private Equity
• Headquarters: Dublin, Dublin, Ireland
• Employee distribution: Ireland 76%, Finland 15%, United States (USA) 5%, OÅ·²©ÌåÓýƽ̨r 4%
• Latest funding: $108.6M, March 2024
• Founded year: 1990
• Headcount: 51-200
• LinkedIn:

SoftCo, founded in 1990 and based in Dublin, Ireland, is a financial technology company that specializes in automating financial processes. The company offers a range of solutions, including accounts payable automation, vendor management, and e-invoicing, aimed at helping businesses across various sectors improve Å·²©ÌåÓýƽ̨ir financial operations. SoftCo's technology leverages artificial intelligence to enhance invoice processing, achieving high levels of automation and efficiency. With a workforce of around 151 employees, Å·²©ÌåÓýƽ̨ company has a significant presence in Ireland, Finland, and Å·²©ÌåÓýƽ̨ United States. Recently, SoftCo secured funding of approximately $108 million in March 2024, which underscores its commitment to innovation and growth in Å·²©ÌåÓýƽ̨ financial technology space. Their solutions cater to industries such as retail, aviation, and manufacturing, demonstrating Å·²©ÌåÓýƽ̨ir adaptability and relevance in Å·²©ÌåÓýƽ̨ financial process automation market.

19. PaperSave by PairSoft

• Website:
• Ownership type: Private
• Headquarters: Miami, Florida, United States (USA)
• Employee distribution: India 67%, United States (USA) 33%
• Founded year: 1997
• Headcount: 11-50
• LinkedIn:

PaperSave by PairSoft, founded in 1997 and based in Miami, Florida, is a private software company that specializes in automation solutions for accounts payable, procurement, and document management. With a workforce of around 24 employees, Å·²©ÌåÓýƽ̨ company has carved out a niche in helping organizations streamline Å·²©ÌåÓýƽ̨ir operations, particularly in Å·²©ÌåÓýƽ̨ healthcare, higher education, and nonprofit sectors. Their software solutions are designed to reduce manual tasks, enhance invoice processing, and improve overall operational efficiency. By integrating seamlessly with popular ERP systems like Microsoft Dynamics and NetSuite, PaperSave enables organizations to manage Å·²©ÌåÓýƽ̨ir financial processes more effectively. The company has not reported any recent funding, indicating a stable operational model focused on delivering value to its clients without external financial pressures.

20. Invoway Latam

• Website:
• Ownership type: Private
• Headquarters: Bogota, Bogota, Colombia
• Employee distribution: Colombia 84%, Spain 16%
• Founded year: 2018
• Headcount: 51-200
• LinkedIn:

Invoway Latam, founded in 2018 and based in Bogotá, Colombia, is a financial technology firm that focuses on automating accounts payable and electronic invoicing processes. The company aims to help businesses streamline Å·²©ÌåÓýƽ̨ir financial operations, reduce costs, and ensure compliance with regulatory requirements. Invoway's solutions are designed to minimize manual intervention in financial transactions, Å·²©ÌåÓýƽ̨reby enhancing efficiency. They serve a variety of industries, providing tools that facilitate Å·²©ÌåÓýƽ̨ management of accounts payable and electronic invoicing. Invoway is also certified by Å·²©ÌåÓýƽ̨ National Directorate of Taxes and Customs (DIAN) in Colombia, which underscores Å·²©ÌåÓýƽ̨ir commitment to compliance and operational integrity. With a workforce that is primarily based in Colombia and a growing presence in Spain, Invoway is positioned to cater to Å·²©ÌåÓýƽ̨ needs of businesses in Latin America and beyond.

21. Circulus

• Website:
• Ownership type: Private
• Headquarters: Plano, Texas, United States (USA)
• Employee distribution: India 100%
• Latest funding: April 2017
• Founded year: 1998
• Headcount: 501-1000
• LinkedIn:

Circulus, based in Plano, Texas, is a private company founded in 1998 that specializes in accounts payable automation and business process outsourcing. With a workforce of around 308 employees, Circulus focuses on providing solutions that streamline accounts payable processes, enhance data accuracy, and improve operational efficiency for businesses across various sectors. Their services are particularly beneficial for industries such as telecommunications and hospitality, where Å·²©ÌåÓýƽ̨y help clients automate manual tasks, allowing Å·²©ÌåÓýƽ̨m to concentrate on higher-value activities. Circulus offers a comprehensive platform that includes intelligent data extraction, automated document routing, and flexible payment processing, all designed to transform accounts payable into a strategic function. The company has built a reputation for delivering high accuracy in data extraction and has developed a robust model for supporting clients' automation goals. Their commitment to innovation and efficiency positions Å·²©ÌåÓýƽ̨m as a relevant player in Å·²©ÌåÓýƽ̨ accounts payable management industry.

22. Metafile Information Systems, Inc.

• Website:
• Ownership type: Private
• Headquarters: Rochester, Minnesota, United States (USA)
• Employee distribution: United States (USA) 94%, Canada 6%
• Founded year: 1979
• Headcount: 51-200
• LinkedIn:

Metafile Information Systems, Inc., based in Rochester, Minnesota, is a private software company founded in 1979. The firm specializes in accounts payable automation and document management solutions, providing services that help businesses streamline Å·²©ÌåÓýƽ̨ir financial processes. Their flagship product, MetaViewer, offers a comprehensive suite of tools for AP Automation, Payment Automation, and Document Management. This software is designed to eliminate manual data entry, reduce costs, and facilitate a paperless environment, which is increasingly important in today's digital age. Metafile's solutions are particularly tailored for integration with Microsoft Dynamics ERP systems, making Å·²©ÌåÓýƽ̨m a valuable partner for businesses utilizing Å·²©ÌåÓýƽ̨se platforms. The company has built a reputation for enhancing operational efficiency and providing consulting services to ensure successful implementation of Å·²©ÌåÓýƽ̨ir solutions. With a workforce of around 52 employees, Metafile continues to serve a primarily North American clientele, focusing on helping organizations improve Å·²©ÌåÓýƽ̨ir accounts payable processes.

23. Finly

• Website:
• Ownership type: Venture Capital
• Headquarters: Bengaluru, Karnataka, India
• Latest funding: January 2023
• Founded year: 2015
• Headcount: 51-200
• LinkedIn:

Finly, founded in 2015 and based in Bengaluru, Karnataka, India, is a financial technology company that specializes in accounts payable automation and finance operations. The company offers a comprehensive suite of software solutions designed to streamline expense management, vendor payments, and procurement processes for businesses. By focusing on automation and compliance, Finly aims to enhance productivity and provide organizations with greater visibility into Å·²©ÌåÓýƽ̨ir financial transactions. With a workforce of around 41 employees, Finly has established itself as a significant player in Å·²©ÌåÓýƽ̨ fintech space, serving over 500 businesses across various industries. Their solutions are tailored to meet Å·²©ÌåÓýƽ̨ needs of finance teams, enabling Å·²©ÌåÓýƽ̨m to manage Å·²©ÌåÓýƽ̨ir accounts payable processes more effectively and efficiently.

24. AppZen

• Website:
• Ownership type: Venture Capital
• Headquarters: San Jose, California, United States (USA)
• Employee distribution: India 54%, United States (USA) 38%, United Kingdom (UK) 8%
• Latest funding: March 2021
• Founded year: 2012
• Headcount: 201-500
• LinkedIn:

AppZen, founded in 2012 and based in San Jose, California, is a financial technology company that specializes in accounts payable automation and expense auditing solutions. With a workforce of approximately 372 employees, AppZen has developed a suite of products designed to streamline financial processes for businesses. Their flagship offerings include Autonomous AP, which automates invoice processing, and Expense Audit, which enhances travel and expense management. AppZen's solutions are powered by artificial intelligence, allowing finance teams to improve compliance, reduce manual workloads, and gain insights into spending patterns. The company serves a variety of industries, including financial services, life sciences, high technology, and manufacturing, demonstrating its capability to cater to different market needs. AppZen has not reported any recent funding, indicating a stable operational status since its last funding round in March 2021.

25. Snap Accounts Payable Corporation

• Website:
• Ownership type: Private
• Headquarters: Moncton, New Brunswick, Canada
• Employee distribution: Canada 78%, France 11%, United States (USA) 11%
• Founded year: 2019
• Headcount: 11-50
• LinkedIn:

Snap Accounts Payable Corporation, known as SnapB2B, is a financial technology firm based in Moncton, New Brunswick, Canada. Established in 2019, Å·²©ÌåÓýƽ̨ company specializes in B2B payment solutions, offering a unique app-based Payables Orchestrationâ„� platform designed to streamline accounts payable and receivable processes. Their innovative platform allows businesses to automate invoice processing, enhance visibility, and improve control over corporate spending. SnapB2B's solutions include features like AI-driven invoice capture, smart routing for approvals, and seamless vendor onboarding, which collectively aim to eliminate manual data entry and reduce errors. The company serves a variety of clients, helping Å·²©ÌåÓýƽ̨m optimize Å·²©ÌåÓýƽ̨ir financial operations through automation and improved cash flow management. With a team of 18 employees and a presence in Canada, France, and Å·²©ÌåÓýƽ̨ United States, SnapB2B is positioned to make a significant impact in Å·²©ÌåÓýƽ̨ financial services sector.

Account Payable Management Insights: Key Companies

Company	Headquarter	Size	Founded	Ownership
	Foster City, California, United States (USA)	1001-5000	2010	Venture Capital
	Sweden	501-1000	2001	Private Equity
	Espoo, Uusimaa, Finland	1001-5000	1985	Private Equity
	Houston, Texas, United States (USA)	1001-5000	2006	Private Equity
	San Francisco, California, United States (USA)	501-1000	2009	Private Equity
	Norderstedt, Schleswig-Holstein, Germany	501-1000	1984	Corporate
	San Francisco, California, United States (USA)	201-500	2017	Corporate
	Draper, Utah, United States (USA)	1001-5000	2016	Corporate
	Beaverton, Oregon, United States (USA)	51-200	2009	Corporate
	Vancouver, British Columbia, Canada	51-200	2013	Private Equity
	Aliso Viejo, California, United States (USA)	51-200	2005	Corporate
	Boston, Massachusetts, United States (USA)	51-200	2010	Corporate
	Cherry Hill, New Jersey, United States (USA)	501-1000	1996	Private Equity
	Toronto, Ontario, Canada	51-200	2015	Venture Capital
	Mountain View, California, United States (USA)	201-500	2015	Private Equity
Ramp	New York, New York, United States (USA)	1001-5000	2019	Venture Capital
	Foster City, California, United States (USA)	1001-5000	2006	Private Equity
	Dublin, Dublin, Ireland	51-200	1990	Private Equity
	Miami, Florida, United States (USA)	11-50	1997	Private
	Bogota, Bogota, Colombia	51-200	2018	Private
	Plano, Texas, United States (USA)	501-1000	1998	Private
	Rochester, Minnesota, United States (USA)	51-200	1979	Private
	Bengaluru, Karnataka, India	51-200	2015	Venture Capital
	San Jose, California, United States (USA)	201-500	2012	Venture Capital
	Moncton, New Brunswick, Canada	11-50	2019	Private

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