👋Exciting news! UPI payments are now available in India! Sign up now →
The 4 best accounts payable software to consider in 2026
The accounts payable system of a company refers to the process by which the company pays its invoices and bills for business purchases made by vendors. In earlier times, the AP process would entail a long and painstaking process of receiving and processing invoices with the help of paper-based or manual processes. This approach was infamous for being highly inefficient and heavy on resource and time utilization.
Â
In the current era of automation, however, companies no longer need to sift through and process piles of invoices. This is because accounts payable software for small businesses can do the same job in a fraction of the time and at less than half the cost required. Given its increasing popularity, there are several platforms that provide accounts payable software. However, choosing the best one for your organization takes a closer look.
What is accounts payable software?
As mentioned above, accounts payable refers to the process by which a company pays its invoices and bills for purchases made by vendors and suppliers. The process generally starts at the point where invoices are received from suppliers from a variety of sources. Once received, the invoices are then processed by matching them with supporting documents such as purchase orders.
Following this, once the invoices are matched, important information such as invoice amount and the payable date is extracted from the invoice. Next, approval is acquired from the required stakeholders for the payments attached to these invoices. Once approved, finally, the payment is made.
Now, the point behind accounts payable software is to automate this entire process from start to finish. Yes, there is software available today that can easily do this. Accounts payable software is able to receive, match, extract data, get approvals and make payments all on its own, without you having to lift a single finger.
4 Best accounts payable software for small businesses
Tipalti
Tipalti is another software that provides a cloud-based solution that can automate accounts payable. This platform specializes in global and U.S. payments.
The software provides services across 196 countries in 120 currencies. You can send money via PayPal, ACH, global ACH, wire transfer, e-check, and several other methods.
The main accounts payable software features of Tipalti include but are not limited to:
• Instant reconciliation
• Electronic document capture
• Tax form capture and validation
• Invoice processing
• Payment method and currency selection
NetSuite
Oracle’s NetSuite is a great option for small businesses that need a cloud ERP software solution. It's possible to search through purchase orders by item, vendor, and date on the NetSuite platform.
The software also offers credit card processing and other merchant services to make payments.The program boasts numerous financial management tools.
The main accounts payable software features of Netsuite include but are not limited to:
• Inventory management
• Customer relationship management
• Cash flow management
• Payment processing
• Centralized vendor management
Finly
Finly is one of the best accounts payable software that gives complete control & visibility over business spending to finance and procurement teams.
Through powerful Communication, Framework Finly is able to simplify remote collaboration among the finance & purchasing team.
Finly is best suited for mid and large-sized businesses that are looking to automate and streamline their accounts payables.
Main accounts payable software features of Finly include but are not limited to:
• Invoice processing
• Approval workflow
• Billing and invoicing
• PO reconciliation
• Cash managementÂ
SAP Concur
SAP Concur is a platform that provides a state-of-the-art cloud ERP integration system to its users.
As accounts, payable tool SAP Concur focuses on providing a system to its users that aims to cut out the obstacles that come with paper invoice management.
They also aim to provide a completely connected solution for spend management that encompasses expense, travel, vendor invoice, risk, and compliance.
The main accounts payable software features of SAP Concur include but are not limited to:
Â
• Cash Management
• Approval process control
• Electronic funds transfer
• Duplicate payment alert
• Vendor management

Stampli
Stampli is another best accounts payable automation software. This solution amalgamates AP correspondence, documentation, and payments into one cooperative stage.
It offers templates that allow the user to put all correspondences at the highest point of the solicitations, so approvers, sellers, and other involved authorities can, in a split second, comprehend what should be finished.
This empowers 5x quicker endorsements, which brings about quicker invoice payments. Stampli's AI arrangement, Billy the Bot, likewise advances as it makes coding, notice automation, and digitization more productive.
Users must consider this best AP software for their small businesses.
Which features to consider when choosing accounts payable software?
Given below is a list of features that you must look out for when deciding which accounts payable software for small businesses is best fitted to the needs of your organization:
Â
• Matches with the accounts payable workflow of the enterprise
• Accurate Data Capture
• Easy Invoice Approvals
• Real-time monitoring/tracking of invoices
• Integration with the existing accounting system
• Automation of payments
• Centralized information storage and management
• Any integration with tax management
Manage your accounts payable efficiently with Volopay
Another option that falls under the category of the best accounts payable software for small businesses in India is Volopay.
Volopay is an accounts payable software and accounting automation platform that you can use to streamline your entire AP system.
It is a comprehensive, end-to-end automation solution that covers all requirements a business’s AP department can have.
Some of the most prominent features of Volopay include:
• Accounts payable management: From invoice receipt to the actual payment the entire process can be automated with Volopay. This includes invoice processing, three-way matching, and approval routing as well.
• Expense management: Maintain control over all company expenses from one comprehensive dashboard. Gain complete visibility over all your vendors and payments from Volopay’s comprehensive expense management dashboard.
• Accounting automation and integration: Automate your bookkeeping with Volopay and integrate with any accounting software easily with the help of accounting triggers. Volopay integrates with pretty much every accounting platform.
• Business account: Hold money and make global payments with a wide range of currencies. Additionally, make international payments without having to bear expensive processing fees.
Suggested read: Key major trends driving the fintech revolution in India
FAQ's
Yes, using Optical Character Recognition or OCR, Volopay does support automated invoice capture.
Yes, you can use Volopay to make payments to vendors globally.
Volopay directly integrates with Xero, Intuit Quickbooks, Deskera, Tally and Oracle Netsuite. Additionally, it also integrates with all other accounting platforms via a feature called Universal CSV.
