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Accounting Software in the US Procurement Price, Data and Insights
Accounting software automates the processing, recording, storage and access of financial transactions to improve the efficiency of finance and accounting operations. The software includes a range of modules and can be sold separately or as part of a broader enterprise resource planning (ERP) system. Buyers include manufacturers, retailers and wholesalers, financial institutions and healthcare providers.
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What’s included in this market coverage
IBISWorld's research coverage on the Accounting Software procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Accounting Software market in the United States includes Cloud-Based Accounting Software and On-Premises Accounting Software. Standard coding in this coverage includes ISIC-582-Software publishing, NACE-58.29-Other Software Publishing, NAICS-513210-Software Publishers and UNSPSC-43231601-Accounting software.
What common market terminology is included?
Common market terminology included in the Accounting Software procurement coverage includes Software as a Service (SaaS) (A model of software deployment in which a provider licenses an application to customers for use as a service on demand.), Cloud Computing (A computing model in which storage and computing tasks are handled by networked machines (often servers in a data center owned by the service provider) rather than at the point of consumption.), Open-Source Software (Computer software that is distributed under a licensing arrangement that allows the computer code to be shared, viewed and modified by other users and organizations.) and On-Premises Software (Software that is installed and run on computers at the user's location rather than hosted on the supplier's servers at a remote facility.).
What companies are included as top suppliers?
The top companies covered in the Accounting Software procurement report as suppliers are FinancialForce.com Inc., Epicor Software Corporation, Workday, Inc., Sap Se and Infor, Inc..
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Accounting Software market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per user per month, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Accounting Software market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Accounting Software procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Accounting Software market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Accounting Software market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Accounting Software?
The 2026 benchmark market price for Accounting Software is $365 per user per month. Prices have increased at a CAGR of 1.9 from 2023-26.
Who are the top vendors in the Accounting Software market?
The top vendors in the Accounting Software market include FinancialForce.com Inc., Epicor Software Corporation, Workday, Inc., Sap Se and Infor, Inc..
What industries supply the Accounting Software market?
The top industries supplying the Accounting Software market are Computer & Packaged Software Wholesaling in the US, Computer Manufacturing in the US, IT Consulting in the US, Colleges & Universities in the US, Software Publishing in the US and Intellectual Property Licensing in the US.
What is the supply chain risk for Accounting Software?
High vendor concentration limits negotiation leverage and choice for buyers. The accounting software market is dominated by a handful of major vendors, with over 50% of revenue controlled by the top four players. This high concentration reduces buyer options and weakens negotiation leverage, as large suppliers face limited competition. Buyers must be prepared for less flexibility in pricing and terms and should consider strategies such as consolidating spend, leveraging multi-year agreements, or exploring niche providers to maintain some bargaining power.
What factors affect the price of Accounting Software?
License type significantly affects the pricing of accounting software, with cloud-based solutions typically offering subscription models that are priced monthly or annually, while on-premises licenses often involve a one-time fee plus ongoing maintenance costs. For example, a cloud-based accounting solution may charge $50 per user per month, whereas an on-premises license could be priced at $1,800 for a perpetual license, reflecting differences in deployment, support, and scalability.
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