North America Procure To Pay Solution Market Size, Share & Industry Analysis Report By Component (Software and Services), By Deployment (Cloud and On-Premises), By Enterprise Size (Large Enterprises and Small & Medium Enterprises (SMEs)), By End Use (Manufacturing, BFSI, Retail, Healthcare, IT & Telecom, and Other End Use), By Country and Growth Forecast, 2025 - 2032

The North America Procure To Pay Solution Market would witness market growth of 5.8% CAGR during the forecast period (2025-2032).

The US market dominated the North America Procure To Pay Solution Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of USD 3,228 million by 2032. The Canada market is experiencing a CAGR of 7.9% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 7.2% during (2025 - 2032). The US and Canada led the North America Procure To Pay Solution Market by Country with a market share of 76.2% and 12% in 2024.

The procure-to-pay (P2P) market in North America has changed a lot. It used to be based on paper and manual systems, but now it uses advanced, technology-based solutions. Early ERP systems made buying things easier, but they were expensive and inflexible, so only big companies used them. Cloud computing changed everything by giving businesses of all sizes access to scalable, flexible, and cheap platforms. This change made it possible to work together in real time, see things more clearly, and follow the rules better. AI, machine learning, RPA, and predictive analytics are some of the newer technologies that have made P2P even better by automating repetitive tasks, making it easier to find fraud, and allowing decisions to be made based on data.

Today, the North American P2P market is very competitive and spread out, with big enterprise software companies competing with smaller and more specialized ones. Market leaders stand out from the rest by constantly coming up with new ideas, providing great customer service, and having strong compliance frameworks. They use AI, blockchain, and advanced analytics to improve automation, data security, and working together with suppliers. To meet their unique procurement needs, mid-sized companies focus on flexibility, customization, and solutions that are specific to their industry. Vendors also compete by offering flexible pricing models, like cloud-based subscriptions, which let you grow your business and save money.

Component Outlook

Based on Component, the market is segmented into Software and Services. The Software market segment dominated the Mexico Procure To Pay Solution Market by Component is expected to grow at a CAGR of 7.2 % during the forecast period thereby continuing its dominance until 2032. Also, The Services market is anticipated to grow as a CAGR of 7 % during the forecast period during (2025 - 2032).

End Use Outlook

Based on End Use, the market is segmented into Manufacturing, BFSI, Retail, Healthcare, IT & Telecom, and Other End Use. Among various Canada Procure To Pay Solution Market by End Use; The Manufacturing market achieved a market size of USD 92 Million in 2024 and is expected to grow at a CAGR of 6.9 % during the forecast period. The IT & Telecom market is predicted to experience a CAGR of 8.6% throughout the forecast period from (2025 - 2032).

Free Valuable Insights: The Procure To Pay Solution Market is Predict to reach USD 12.42 Billion by 2032, at a CAGR of 6.5%

Country Outlook

The United States has the biggest and most developed market for procure-to-pay (P2P) solutions in North America. This is because it has a strong industrial base, a well-developed IT infrastructure, and a lot of digital transformation. More and more businesses in manufacturing, retail, healthcare, and financial services are using P2P systems to improve efficiency, lower costs, and make sure they follow rules like SOX, FAR, HIPAA, and GLBA. Cloud-based platforms are the most popular because they can grow, be accessed from anywhere, and be set up more quickly. AI, machine learning, and blockchain are used for automation, fraud detection, spend analytics, and supplier transparency. More and more, sustainability and ESG issues are becoming part of procurement strategies.

List of Key Companies Profiled

• SAP SE
• Oracle Corporation
• IBM Corporation
• Ivalua Inc.
• Coupa Software, Inc.
• GEP Software
• Zycus, Inc.
• Procurify Technologies, Inc.
• Corcentric Inc.
• Informatica Inc.

North America Procure To Pay Solution Market Report Segmentation

By Component

• Software
• Services

By Deployment

• Cloud
• On-Premises

By Enterprise Size

• Large Enterprises
• Small & Medium Enterprises (SMEs)

By End Use

• Manufacturing
• BFSI
• Retail
• Healthcare
• IT & Telecom
• Other End Use

By Country

• US
• Canada
• Mexico
• Rest of North America

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Procure To Pay Solution Market, by Component
1.4.2 North America Procure To Pay Solution Market, by Deployment
1.4.3 North America Procure To Pay Solution Market, by Enterprise Size
1.4.4 North America Procure To Pay Solution Market, by End Use
1.4.5 North America Procure To Pay Solution Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.1.2 Market Drivers
3.1.3 Market Restraints
3.1.4 Market Opportunities
3.1.5 Market Challenges
3.2 Porter Five Forces Analysis

Chapter 4. Market Trends – North America Procure To Pay Solution Market
Chapter 5. State of Competition – North America Procure To Pay Solution Market
Chapter 6. Product Life Cycle (PLC) – Procure To Pay Solution Market
Chapter 7. Market Consolidation – Procure To Pay Solution Market
Chapter 8. Value Chain Analysis of Procure To Pay Solution Market
Chapter 9. Key Customer Criteria – Procure To Pay Solution Market
Chapter 10. North America Procure To Pay Solution Market by Component
10.1 North America Software Market by Country
10.2 North America Services Market by Country

Chapter 11. North America Procure To Pay Solution Market by Deployment
11.1 North America Cloud Market by Country
11.2 North America On-Premises Market by Country

Chapter 12. North America Procure To Pay Solution Market by Enterprise Size
12.1 North America Large Enterprises Market by Country
12.2 North America Small & Medium Enterprises (SMEs) Market by Country

Chapter 13. North America Procure To Pay Solution Market by End Use
13.1 North America Manufacturing Market by Country
13.2 North America BFSI Market by Country
13.3 North America Retail Market by Country
13.4 North America Healthcare Market by Country
13.5 North America IT & Telecom Market by Country
13.6 North America Other End Use Market by Country

Chapter 14. North America Procure To Pay Solution Market by Country
14.1 US Procure To Pay Solution Market
14.1.1 US Procure To Pay Solution Market by Component
14.1.2 US Procure To Pay Solution Market by Deployment
14.1.3 US Procure To Pay Solution Market by Enterprise Size
14.1.4 US Procure To Pay Solution Market by End Use
14.2 Canada Procure To Pay Solution Market
14.2.1 Canada Procure To Pay Solution Market by Component
14.2.2 Canada Procure To Pay Solution Market by Deployment
14.2.3 Canada Procure To Pay Solution Market by Enterprise Size
14.2.4 Canada Procure To Pay Solution Market by End Use
14.3 Mexico Procure To Pay Solution Market
14.3.1 Mexico Procure To Pay Solution Market by Component
14.3.2 Mexico Procure To Pay Solution Market by Deployment
14.3.3 Mexico Procure To Pay Solution Market by Enterprise Size
14.3.4 Mexico Procure To Pay Solution Market by End Use
14.4 Rest of North America Procure To Pay Solution Market
14.4.1 Rest of North America Procure To Pay Solution Market by Component
14.4.2 Rest of North America Procure To Pay Solution Market by Deployment
14.4.3 Rest of North America Procure To Pay Solution Market by Enterprise Size
14.4.4 Rest of North America Procure To Pay Solution Market by End Use

Chapter 15. Company Profiles
15.1 SAP SE
15.1.1 Company Overview
15.1.2 Financial Analysis
15.1.3 Regional Analysis
15.1.4 Research & Development Expense
15.1.5 SWOT Analysis
15.2 Oracle Corporation
15.2.1 Company Overview
15.2.2 Financial Analysis
15.2.3 Segmental and Regional Analysis
15.2.4 Research & Development Expense
15.2.5 SWOT Analysis
15.3 IBM Corporation
15.3.1 Company Overview
15.3.2 Financial Analysis
15.3.3 Regional & Segmental Analysis
15.3.4 Research & Development Expenses
15.3.5 SWOT Analysis
15.4 Ivalua Inc.
15.4.1 Company Overview
15.5 Coupa Software, Inc.
15.5.1 Company Overview
15.6 Zycus, Inc.
15.6.1 Company Overview
15.7 Procurify Technologies Inc.
15.7.1 Company Overview
15.8 GEP Software
15.8.1 Company Overview
15.9 Informatica Inc.
15.9.1 Company Overview
15.9.2 Financial Analysis
15.9.3 Regional Analysis
15.9.4 Research & Development Expenses
15.9.5 SWOT Analysis
15.10. Corcentric Inc.
15.10.1 Company Overview

TABLE 1 North America Procure To Pay Solution Market, 2021 - 2024, USD Million
TABLE 2 North America Procure To Pay Solution Market, 2025 - 2032, USD Million
TABLE 3 Key Customer Criteria – Procure To Pay Solution Market
TABLE 4 North America Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
TABLE 5 North America Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
TABLE 6 North America Software Market by Country, 2021 - 2024, USD Million
TABLE 7 North America Software Market by Country, 2025 - 2032, USD Million
TABLE 8 North America Services Market by Country, 2021 - 2024, USD Million
TABLE 9 North America Services Market by Country, 2025 - 2032, USD Million
TABLE 10 North America Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
TABLE 11 North America Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
TABLE 12 North America Cloud Market by Country, 2021 - 2024, USD Million
TABLE 13 North America Cloud Market by Country, 2025 - 2032, USD Million
TABLE 14 North America On-Premises Market by Country, 2021 - 2024, USD Million
TABLE 15 North America On-Premises Market by Country, 2025 - 2032, USD Million
TABLE 16 North America Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
TABLE 17 North America Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
TABLE 18 North America Large Enterprises Market by Country, 2021 - 2024, USD Million
TABLE 19 North America Large Enterprises Market by Country, 2025 - 2032, USD Million
TABLE 20 North America Small & Medium Enterprises (SMEs) Market by Country, 2021 - 2024, USD Million
TABLE 21 North America Small & Medium Enterprises (SMEs) Market by Country, 2025 - 2032, USD Million
TABLE 22 North America Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
TABLE 23 North America Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
TABLE 24 North America Manufacturing Market by Country, 2021 - 2024, USD Million
TABLE 25 North America Manufacturing Market by Country, 2025 - 2032, USD Million
TABLE 26 North America BFSI Market by Country, 2021 - 2024, USD Million
TABLE 27 North America BFSI Market by Country, 2025 - 2032, USD Million
TABLE 28 North America Retail Market by Country, 2021 - 2024, USD Million
TABLE 29 North America Retail Market by Country, 2025 - 2032, USD Million
TABLE 30 North America Healthcare Market by Country, 2021 - 2024, USD Million
TABLE 31 North America Healthcare Market by Country, 2025 - 2032, USD Million
TABLE 32 North America IT & Telecom Market by Country, 2021 - 2024, USD Million
TABLE 33 North America IT & Telecom Market by Country, 2025 - 2032, USD Million
TABLE 34 North America Other End Use Market by Country, 2021 - 2024, USD Million
TABLE 35 North America Other End Use Market by Country, 2025 - 2032, USD Million
TABLE 36 North America Procure To Pay Solution Market by Country, 2021 - 2024, USD Million
TABLE 37 North America Procure To Pay Solution Market by Country, 2025 - 2032, USD Million
TABLE 38 US Procure To Pay Solution Market, 2021 - 2024, USD Million
TABLE 39 US Procure To Pay Solution Market, 2025 - 2032, USD Million
TABLE 40 US Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
TABLE 41 US Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
TABLE 42 US Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
TABLE 43 US Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
TABLE 44 US Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
TABLE 45 US Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
TABLE 46 US Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
TABLE 47 US Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
TABLE 48 Canada Procure To Pay Solution Market, 2021 - 2024, USD Million
TABLE 49 Canada Procure To Pay Solution Market, 2025 - 2032, USD Million
TABLE 50 Canada Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
TABLE 51 Canada Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
TABLE 52 Canada Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
TABLE 53 Canada Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
TABLE 54 Canada Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
TABLE 55 Canada Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
TABLE 56 Canada Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
TABLE 57 Canada Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
TABLE 58 Mexico Procure To Pay Solution Market, 2021 - 2024, USD Million
TABLE 59 Mexico Procure To Pay Solution Market, 2025 - 2032, USD Million
TABLE 60 Mexico Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
TABLE 61 Mexico Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
TABLE 62 Mexico Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
TABLE 63 Mexico Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
TABLE 64 Mexico Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
TABLE 65 Mexico Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
TABLE 66 Mexico Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
TABLE 67 Mexico Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
TABLE 68 Rest of North America Procure To Pay Solution Market, 2021 - 2024, USD Million
TABLE 69 Rest of North America Procure To Pay Solution Market, 2025 - 2032, USD Million
TABLE 70 Rest of North America Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
TABLE 71 Rest of North America Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
TABLE 72 Rest of North America Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
TABLE 73 Rest of North America Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
TABLE 74 Rest of North America Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
TABLE 75 Rest of North America Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
TABLE 76 Rest of North America Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
TABLE 77 Rest of North America Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
TABLE 78 Key Information – SAP SE
TABLE 79 Key Information – Oracle Corporation
TABLE 80 Key Information – IBM Corporation
TABLE 81 Key Information – Ivalua Inc.
TABLE 82 Key information – Coupa Software, Inc.
TABLE 83 Key Information – Zycus, Inc.
TABLE 84 Key Information – Procurify Technologies, Inc.
TABLE 85 Key Information – GEP Software
TABLE 86 Key Information – Informetica Inc.
TABLE 87 Key Information – Corcentric Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Procure To Pay Solution Market, 2021 - 2032, USD Million
FIG 3 Porter’s Five Forces Analysis – Procure To Pay Solution Market
FIG 4 Value Chain Analysis of Procure To Pay Solution Market
FIG 5 Key Customer Criteria – Procure To Pay Solution Market
FIG 6 North America Procure To Pay Solution Market share by Component, 2024
FIG 7 North America Procure To Pay Solution Market share by Component, 2032
FIG 8 North America Procure To Pay Solution Market by Component, 2021 - 2032, USD Million
FIG 9 North America Procure To Pay Solution Market share by Deployment, 2024
FIG 10 North America Procure To Pay Solution Market share by Deployment, 2032
FIG 11 North America Procure To Pay Solution Market by Deployment, 2021 - 2032, USD Million
FIG 12 North America Procure To Pay Solution Market share by Enterprise Size, 2024
FIG 13 North America Procure To Pay Solution Market share by Enterprise Size, 2032
FIG 14 North America Procure To Pay Solution Market by Enterprise Size, 2021 - 2032, USD Million
FIG 15 North America Procure To Pay Solution Market share by End Use, 2024
FIG 16 North America Procure To Pay Solution Market share by End Use, 2032
FIG 17 North America Procure To Pay Solution Market by End Use, 2021 - 2032, USD Million
FIG 18 North America Procure To Pay Solution Market share by Country, 2024
FIG 19 North America Procure To Pay Solution Market share by Country, 2032
FIG 20 North America Procure To Pay Solution Market by Country, 2021 - 2032, USD Million
FIG 21 SWOT Analysis: SAP SE
FIG 22 SWOT Analysis: Oracle Corporation
FIG 23 SWOT Analysis: IBM Corporation
FIG 24 SWOT analysis: Informatica Inc.