Distinguished 25: Account Payable Management Firms
Distinguished 25: Account Payable Management Firms
The account payable management industry is a crucial sector within the finance world, providing businesses with efficient solutions to manage their supplier, vendor bills, and payments. Companies in this industry range from established software firms offering comprehensive, AI-driven account payable management systems, to boutique firms providing specialized bookkeeping services. These entities focus on streamlining businesses' financial processes, automating billing, and optimizing payment management. Their main aim is to enhance productivity, improve financial decision-making, and ensure compliance. Looking ahead, the industry is likely to adopt even more technology-driven solutions, such as machine learning, predictive analytics, and blockchain, to further improve the management of account payables.
Top 25 Account Payable Management Companies
1. Circulus
- Website: circulus.io
- Headquarters: Plano, Texas, United States
- Founded: 1998
- Headcount: 501-1000
- Latest funding type: Undisclosed
Circulus.io is a software company that offers a fully customizable end-to-end solution for data extraction, approval workflow, and online forms. They provide 99.5% accuracy in data extraction for vendors invoices templates. Their solution streamlines processes, reduces time requirements, and improves record maintenance for clients.
2. Yaydoo
- Website: yaydoo.com
- Headquarters: Benito Juarez, Distrito Federal, Mexico
- Founded: 2016
- Headcount: 51-200
- Latest funding type: Acquired
Yaydoo is a platform that automates and optimizes the management of accounts receivable, purchases, and payments. It offers tools for reminders, programmable billing, vendor management, and budget control. With a focus on increasing productivity, Yaydoo streamlines financial processes, saving time and improving decision-making.
3. PRUDENT Bookkeeping
- Website: prudentbookkeeping.com
- Headquarters: Richmond Hill, Ontario, Canada
- Founded: 2014
- Headcount: 11-50
Prudent Bookkeeping is a boutique accounting firm specializing in outsourced bookkeeping services for small businesses, CPA, CA, and bookkeeping firms. They offer certified bookkeepers who are experts in using cutting-edge technology to deliver efficient and accurate service.
4. Insurance Agency Accounting & Bookkeeping
- Website: insuranceagencyaccountants.com
- Headquarters: Harwinton, Connecticut, United States
- Founded: 2007
- Headcount: 11-50
Insurance Agency Accounting and Bookkeeping (IAAB) is a leading outsourced bookkeeping and accounting firm specialized in serving Independent Insurance Agencies. With over 40 staff members across the United States, IAAB offers comprehensive financial reporting services, including Balance Sheets, Income Statements, and reports of Open Receivables and Open Payables. They also provide ad hoc reporting and assist with reconciling all financial accounts. IAAB pays vendor bills, manages customer payments, and works closely with insurance companies to ensure accurate records. They offer payroll processing as an additional service and prioritize data security and quality control.
5. KGMC India
- Website: kgmcindia.com
- Headquarters: Gurgaon, Haryana, India
- Founded: 2010
- Headcount: 11-50
KGMC India is a business service provider that offers expert accounting and compliance outsourcing, internal audit, financial process outsourcing, and financial reconciliation for modern trade. They simplify financial processes through process outsourcing, adding measurable business impact for their clients.
6. PyThru
- Website: pythru.com
- Headquarters: Jhunjhunu, Rajasthan, India
- Founded: 2022
- Headcount: 51-200
Pythru.com is a company that offers innovative solutions to businesses looking to optimize their operations through a range of services.
7. Maxwell Money
- Website: maxwellmoney.com
- Headquarters: Novato, California, United States
- Founded: 1982
- Headcount: 11-50
Maxwell Money is a company that has been providing offsite bookkeeping, accounting, and finance solutions to private clients, professionals, and businesses for over 30 years.
8. Splendid Accounts
- Website: splendidaccounts.com
- Headquarters: Karachi, Sindh, Pakistan
- Founded: 2018
- Headcount: 11-50
Splendid Accounts is a company that provides billing, invoicing, and accounting services to businesses.
9. AvidityLLP
- Website: avidityllp.com
- Headquarters: Ahmedabad, Gujarat, India
- Founded: 2020
- Headcount: 11-50
AvidityLLP provides professional accounting, bookkeeping, and tax compliance services to startups and medium-sized firms using various software solutions.
10. PwC India
PwC is a global professional services firm offering services in accounting, advisory, consulting, and deals. They provide expertise in areas such as entrepreneur and private business, international business groups, risk and regulation, and transformation. PwC India is part of their network and offers services and insights specific to the Indian market.
11. Pitcher Partners
- Website: pitcher.com.au
- Headquarters: Docklands, Vic, Australia
- Founded: 1991
- Headcount: 1001-5000
Pitcher.com.au is a national association of independent firms offering a comprehensive suite of services to businesses across various industries. They provide expert advice and innovative solutions to help businesses maximize opportunities, future-proof their organizations, and achieve their goals.
12. One Point One Solutions
- Website: 1point1.in
- Headquarters: Navi Mumbai, Maharashtra, India
- Founded: 2014
- Headcount: 5001-10000
- Latest funding type: Ipo
1Point1 is a business process outsourcing (BPO) solution provider offering contact center services, back office services, and business solutions. They specialize in sales and lead generation, customer care, email management, chat bots, finance and accounting, IT infrastructure services, security and compliance, and more. With a wide range of technology solutions and delivery centers pan-India, they strive for operational excellence and customer satisfaction.
13. Komercijalna Banka AD
- Website: kb.mk
- Headquarters: Skopje, Macedonia, Republic of North Macedonia
- Founded: 1955
- Headcount: 1001-5000
KB.mk is a financial institution that offers a range of banking services including consumer loans, investment banking, insurance, and payment solutions. They provide financial products and services to individuals and businesses, with a focus on customer satisfaction and personalized solutions.
14. C-Global Gruppo Cedacri
- Website: c-global.it
- Headquarters: Collecchio, Emilia-Romagna, Italy
- Founded: 2007
- Headcount: 1001-5000
C-Global is a company providing business process outsourcing solutions, facility management services, software development and consulting services. They specialize in back office processes, contact center services, document management, and monetization services for ATM and POS. They offer added value through their expertise and organizational capabilities.
15. IQ BackOffice
- Website: iqbackoffice.com
- Headquarters: Manila, California, United States
- Founded: 2002
- Headcount: 501-1000
IQ BackOffice is a global finance and accounting solutions provider, offering comprehensive services to leading companies across various industries. They specialize in automating and streamlining financial processes such as accounts payable, accounts receivable, payroll, and more, resulting in increased efficiency and significant cost savings.
16. Federal Reserve Financial Services
- Website: frbservices.org
- Headquarters: Chicago, Illinois, United States
- Headcount: 1001-5000
FRBServices.org provides a range of financial services and resources to banks and financial institutions. They offer solutions such as FedLine Web Solution, FedACH Products & Services, Treasury Services, and National Settlement Service. Their offerings include accounting services, check services, cash services, and risk management services. The company aims to support the financial industry with efficient and secure payment infrastructure.
17. Rkl LLP
- Website: rklcpa.com
- Headquarters: Lancaster, Pennsylvania, United States
- Founded: 1979
- Headcount: 501-1000
RKL is a financial and HR management firm that offers a range of services including assurance, consulting, tax outsourcing, and investment management. They work with clients in various industries and provide expertise in areas such as business succession, fraud and forensic accounting, cybersecurity assessments, and valuation.
18. Yzico
Yzico.fr is a professional services firm specializing in social and HR consulting, providing secure solutions for payroll management and human resources. They offer personalized guidance and a multidisciplinary approach to clients in various industries, including artisans, small businesses, and professional associations.
19. OTP Bank Albania
- Website: otpbank.al
- Headquarters: Tirana, Albania, Albania
- Headcount: 201-500
OTP Bank Albania is a financial institution providing various banking services to individuals and businesses. They offer financing solutions, savings accounts, transfers, payment cards, insurance, and other financial products. With a strong presence in the market, OTP Bank Albania aims to meet the financial needs of its diverse customer base.
20. ITI Data
- Website: itidata.com
- Headquarters: New York, New York, United States
- Founded: 1999
- Headcount: 201-500
ITI Data is a company that provides solutions for integration governance, big data, real-time payments, risk & regulatory compliance, and quality services. They offer innovative technologies to help businesses manage their data effectively and efficiently.
21. Aspire
- Website: aspireapp.com
- Headquarters: Singapore, Singapore, Singapore
- Founded: 2018
- Headcount: 201-500
- Latest funding type: Series C
AspireApp is a modern business account with global ambitions, offering borderless payments, approval flows, corporate cards, and insights.
22. Schneider Group
- Website: schneider-group.com
- Headquarters: Moscow, Moscow, Russian Federation
- Founded: 2003
- Headcount: 201-500
- Latest funding type: Private Equity
SCHNEIDER GROUP offers a wide range of business solutions including accounting outsourcing, payment transfer solutions, labor and migration law services, payroll solutions, HR consulting, 1C/SAP implementation and integration, interim management, legal and tax consulting, and more.
23. Wings Infonet Private Limited
- Website: wingsinfo.net
- Headquarters: Hyderabad, Andhra Pradesh, India
- Founded: 1992
- Headcount: 201-500
- Latest funding type: Series Unknown
Wingsinfo.net offers Wings ERP, a comprehensive and customizable business management software solution. With complete GST compliance, the platform enables efficient financial accounting, inventory management, and tax reporting. It provides tools for multi-branch operations, business intelligence, document management, and communication via SMS and email. Wings ERP caters to various industries, including retail, FMCG, manufacturing, and services businesses.
24. BPM Consulting Ltda / Experiencias colaborativas entre ustedes y sus clientes.
- Website: bpmconsulting.com.co
- Headquarters: Bogotá, Bogotá D.C, Colombia
- Founded: 2005
- Headcount: 501-1000
BPM Consulting is a Colombian company that offers affordable, functional, innovative, and technology-focused outsourced services to Colombian companies. Their goal is to enhance internal processes and meet the needs of both acquiring companies and end consumers.
25. Shared Services SA
- Website: sharedservices.sa.gov.au
- Headquarters: Adelaide, South Australia, Australia
- Founded: 2007
- Headcount: 501-1000
Shared Services SA is a government agency that provides various services to SA Government agencies, including accounting, payroll, financial services, and work injury management.
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