Forecast of Global Accounts Payable Software Market 2023

Global Accounts Payable Software market will register a 8.1% CAGR in terms of revenue, reach US$ 1680 million by 2023, from US$ 1050 million in 2017. Accounts payable software refers to systems that are used for accounting and financial processes. These solutions range from basic single-entry apps for bookkeeping and check writing to advanced double-entry programs that offer a general ledger, and accounts payable and accounts receivable functionality.