Accounts Payable

Corporate cards + genuinely autonomous AP; $32B valuation and direct UK/EU launch via Billhop.

Linköping-founded AP automation leader with Gartner MQ Leader status and four-country deployment.

Open-source Swedish double-entry ledger driven by conversation — full BAS, SIE, VAT, payroll, year-end.

Document capture and AI bookkeeping workflow; acquired by IRIS Software Group (Dec 2024).

Mid-market ERP with Copilot and a deep German localisation, strong across DACH.

Enterprise ERP incumbent with expanding AI across GL, close, and reporting.

Global SMB ledger — dominant in the UK, material US presence, with AI via JAX.

AI layer on top of Fortnox, Visma, and other Swedish ledgers.

The default US SMB ledger, with Intuit Assist layered on top.

AI agents for SMB bookkeeping with deep POS and multi-entity support; HpAI engine launched Aug 2025.

Free-tier Swedish SMB ledger with aggressive automation and a UK expansion.

High-volume AP automation with deep autonomy on invoice processing.

Stockholm-based AP automation with AI-native invoice capture and 3,000+ customers globally.

Corporate cards and spend management; being acquired by Capital One for $5.15B (Jan 2026).

Sweden's default SMB ledger — 600k+ customers; taken private by EQT at $5.5B (Jul 2025).

Berlin-built AP automation and spend control, tuned for DATEV and German compliance.

Nordic-rooted global e-invoicing network with strong Peppol posture.

Established mid-market cloud ERP, with expanding AI copilots.

Long-established AP/AR platform with AI layered across document workflows.

UK-headquartered incumbent spanning desktop Sage 50 and cloud Sage Business Cloud, now with Sage Copilot.

AI-native mid-market ERP pitched as the NetSuite / Sage Intacct replacement.

Cloud-native German SMB ledger; acquired by Cegid in Feb 2025 for DACH expansion.

Visma's SMB cloud ledger — the main Fortnox challenger in Sweden.

The Steuerberater-owned cooperative at the centre of German bookkeeping, now shipping DATEV KI.

AI-powered finance concierge — managed bookkeeping with a software front end.

AP automation with deep collaboration and "Billy the Bot" AI agent.

Vienna-HQ DACH AP/bookkeeping automation deployed at ~50,000 companies and 900+ tax firms; Visma-owned.

Haufe-owned German SMB and freelancer ledger, incrementally AI-augmented.

NatWest-owned UK SMB ledger, free to most business-banking customers, MTD-ready.

AP/AR and transaction-data platform with AI across invoice handling.

Nordic AP automation with AI-assisted invoice handling and approval workflows.