Top 6 accounts payable automation software in 2024

Managing accounts payable can feel like a never-ending task—manual invoice entry, chasing approvals, and keeping track of due dates all eat away at your time, limiting your capacity for higher-level work. That’s where accounts payable automation comes in.

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AP automation transforms tedious manual processes into streamlined workflows. By reducing errors, speeding up approvals, and providing better visibility, AP automation helps you focus on growth instead of paperwork.

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So, which AP automation software platform is the best out there? We reviewed top-rated software on G2 to highlight the best AP automation tools for 2024, making it easier for you to find the right solution for your business. Here are our picks.

At a glance: Best AP automation software compared

Ramp

We admit we might be a bit biased in giving Ramp the top spot on our list, but you don’t have to take our word for it. More than 2,000 G2 reviewers back us up, rating Ramp’s modern finance platform 4.8 out of 5 stars.

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Our AP automation software is designed to save you time and money. Ramp tackles the inefficiencies of manual invoice management head-on, streamlining invoice approvals, improving accuracy, and giving you full visibility into all your vendor payments.

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On top of AP automation, Ramp also offers comprehensive expense management features, procurement tools, real-time financial reporting, and industry-leading corporate cards. All these features add up to save Ramp customers an average of 5% a year across all spending. 

Key features

• Automated two-way matching with purchase orders and receipts for faster processing
• Custom approval workflows improve compliance while speeding up approvals
• Real-time spend insights and support for ACH, check, card, and international wire payments
• Syncs seamlessly with expense management tools for end-to-end control, integrating with major accounting software, ERPs, and HRIS
• Unified platform for AP, expense management, procurement, and other accounting workflows
• AI-powered software logs the details from each invoice with 99.9% accuracy

What customers are saying about Ramp

• Automate AP busywork with AI: Reviewers on G2 praise Ramp’s scalability, allowing them to process more bills in less time with AI-powered invoice scanning that handles all the details of coding, approvals, and payments 
• Modern, easy-to-use interface: Customers also highlight Ramp’s intuitive UI, which makes rollout, adoption, and training a breeze. And users get the same full-featured experience on Ramp’s mobile app—especially useful for frequent business travelers.
• Streamlined workflows: Reviewers appreciate that Ramp consolidates multiple financial processes into a single platform, from procurement to bill pay to employee expense reimbursements

Serviceable markets

Ramp is ideal for small to mid-sized businesses and growing enterprises looking to automate and optimize their AP processes.

Pricing

Ramp offers a free plan for core services like controlling spending, automating payments, and closing your books. Ramp Plus is a step up that gives you access to more granular controls and additional customization options for $15 per user per month. Our Enterprise package offers scalable pricing for additional features and dedicated support.

Stampli

Stampli specializes in simplifying invoice processing through AI. Known for its collaborative tools, Stampli enhances team communication, making it easier to handle invoice approvals and exceptions. Stampli’s functionality focuses on tackling bottlenecks and payment delays, making it a favorite for businesses that prioritize workflow transparency.

Key features

• AI-powered invoice capture extracts invoice data with minimal manual input
• Centralized collaboration allows teams to communicate directly on invoices
• Syncs with major enterprise resource planning (ERP) systems for uninterrupted workflows
• Maintains audit-ready records for compliance purposes
• Fraud detection tools identify potential risks before making payments

What customers are saying about Stampli

Stampli bills itself as the only finance automation platform centered around AP, so it’s not surprising that G2 reviewers call out AP automation as a platform highlight. Users also highlight Stampli’s user-friendly interface and customer support, ultimately earning the platform a rating of 4.6 out of 5 stars.

Serviceable markets

Stampli caters to mid-sized to large businesses that need robust invoice management solutions.

Pricing

Stampli does not disclose pricing on its website. Interested customers can request a quote for custom pricing based on their needs.

Tipalti

Tipalti is an end-to-end AP automation platform that addresses the unique needs of global businesses. Rated 4.5 out of 5 stars on G2, Tipalti provides solutions for managing complex AP workflows from invoice processing to tax compliance.

Key features

• Supports over 120 currencies and multiple payment methods
• Supports compliance with international tax regulations
• Simplifies supplier onboarding management
• Multi-entity support to consolidate AP processes across global subsidiaries

What customers are saying about Tipalti

G2 reviewers highlight Tipalti’s ability to support multi-currency payments. Users also appreciate the platform’s ease of use, noting that its automation features have improved efficiency for their AP teams. However, smaller businesses note that Tipalti can be complex to set up, and you can likely try other platforms if your business doesn’t have global payment needs.

Serviceable markets

Tipalti is best suited for mid-sized to enterprise-level businesses operating globally.

Pricing

Tipalti's Starter plan starts at $99 per month. You’ll have to contact Tilpati's sales department for custom pricing on its Premium or Elite plans.

Melio

Melio is an upstart in the AP automation space with a score of 4.5 out of 5 on G2. With a focus on ease of use, Melio automates repetitive tasks while providing helpful insights for financial decision-makers at small and medium-sized businesses.

Key features

• Uses optical character recognition (OCR) technology to quickly extract invoice data
• Automated payment scheduling optimizes cash flow by managing payment timelines
• Analytics dashboard offers clear, actionable insights on AP performance
• Customizable workflows adapt to unique business needs
• A user-friendly mobile app allows for on-the-go invoice management

What customers are saying about Melio

G2 reviewers love Melio for its ease of use and flexibility. Users also appreciate Melio’s “freemium” model, which allows them to try out its features without committing to a paid subscription.

Serviceable markets

Melio targets small to medium-sized businesses looking for affordable, easy-to-implement AP solutions.

Pricing

Melio has packages that allow users to send up to five free ACH transfers per month and is limited to one user. Other packages start at $25 per month for one user and extra costs for additional users.

BILL AP/AR

BILL, formerly Bill.com, is a trusted name in accounts payable and accounts receivable management, offering a versatile platform to handle both sides of the transaction. BILL’s automation tools help businesses stay on top of payments and collections.

Key features

• Automation features streamline invoice entry and processing
• Payment scheduling simplifies vendor payments
• Collections management tools track receivables to ensure timely payments
• Integration options to connect with popular accounting platforms
• Multi-user access facilitates collaboration across departments

What customers are saying about BILL AP/AR

Reviewers on G2 rated BILL AP/AR 4.5 out of 5 stars, highlighting its ease of use and helpful integrations as major positives. They also appreciate its dual focus on AP and AR, though some reviewers noted issues with the receivables side of BILL’s solution.

Serviceable markets

BILL is a good fit for small to mid-sized businesses that need comprehensive AP and AR solutions.

Pricing

BILL offers multiple plans ranging from $45 to $79 per user per month. Custom pricing is available for larger enterprises with more complex needs.

Yooz

Yooz stands out with its smart automation features and intuitive design, earning the tool a score of 4.4 out of 5 stars on G2. Known for its innovative use of AI, Yooz helps businesses of all sizes streamline invoice processing while reducing costs.

Key features

• Smart data extraction features use AI to capture invoice details accurately
• Seamless integrations with more than 250 ERP and accounting systems
• Customizable approval workflows tailor processes to your business needs
• The cloud-based platform ensures easy access from anywhere

What customers are saying about Yooz

Users on G2 appreciate Yooz’s affordability and robust AI features, with many reviewers highlighting the time savings they get from the platform. Others note that Yooz is intuitive and easy to use, but customer support can sometimes be slow.

Serviceable markets

Yooz serves small, medium, and large businesses looking for a scalable AP solution.

Pricing

Yooz doesn't publicly advertise its pricing model, so you'll need to reach out for a quote.

Why AP automation is important

Accounts payable automation can save your business time and reduce errors. Automation matches invoices correctly, helps avoid duplicate payments, and creates a record of all transactions so your AP and finance teams are always audit-ready.

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Faster approval processes allow you to take advantage of early payment discounts, which can improve cash flow, strengthen vendor relationships, and streamline financial management. Plus, when team members don’t spend hours on repetitive tasks like manual data entry, invoice matching, and scheduling payments, they have more time for higher-value work.

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Ultimately, AP automation creates more than cost savings—it’s a strategic tool that empowers you to operate more efficiently and make smarter financial decisions.

Choose the best-rated AP automation software

The right accounts payable automation software should adapt to your unique processes, scale with your business, and integrate seamlessly with your existing tools. The best platforms make AP workflows efficient, transparent, and error-free, allowing you to focus on growth instead of busywork.

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Ramp stands out as the top-rated AP automation platform because we do more than streamline processes—we empower businesses with real-time insights, customizable workflows, and an intuitive user experience.

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Ready to take your accounts payable processes to the next level? Discover how Ramp can transform the way your business manages AP. Request a demo to see Ramp in action.