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Global Accounts Receivable Automation Market 2022-2026

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    Report

  • 120 Pages
  • June 2022
  • Region: Global
  • TechNavio
  • ID: 5616553
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The accounts receivable automation market is poised to grow by $1.13 billion during 2022-2026, accelerating at a CAGR of 10.27% during the forecast period. The report on the accounts receivable automation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for cloud-based AR automation solutions, a rising need for digitization in small-medium enterprises (SMEs), and a rising need for streamlining the invoice management system.

The accounts receivable automation market analysis includes component segment and geographic landscape.

The accounts receivable automation market is segmented as below:


By Component

  • Solution
  • Services

By Geographical Landscape

  • North America
  • Europe
  • APAC
  • The Middle East and Africa
  • South America
This study identifies the emergence of ml and ai-based ar automation solutions as one of the prime reasons driving the accounts receivable automation market growth during the next few years. Also, rising Mergers and Acquisitions (M and A) and rising penetration of e-commerce platforms will lead to sizable demand in the market.

The report on the accounts receivable automation market covers the following areas:

  • Accounts receivable automation market sizing
  • Accounts receivable automation market forecast
  • Accounts receivable automation market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading accounts receivable automation market vendors that include Ash Conversions International, BlackLine Inc., BlueSnap Inc., Bottomline Technologies Inc., Comarch SA, Corcentric Inc., Esker SA, HighRadius Corp., Kofax Inc., Mynd Integrated Solutions, Oracle Corp., PAJERO AB, Quadient Sro, Qvalia Group AB, Sage Group Plc, SAP SE, SK Global Software LLC, TechNVision Ventures Ltd., Workday Inc., and Zoho Corp. Pvt. Ltd. Also, the accounts receivable automation market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Component
Exhibit 06: Executive Summary - Chart on Incremental Growth
Exhibit 07: Executive Summary - Data Table on Incremental Growth
Exhibit 08: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants - Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes - Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry - Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Component
5.1 Market segments
Exhibit 24: Chart on Component - Market share 2021-2026 (%)
Exhibit 25: Data Table on Component - Market share 2021-2026 (%)
5.2 Comparison by Component
Exhibit 26: Chart on Comparison by Component
Exhibit 27: Data Table on Comparison by Component
5.3 Solution - Market size and forecast 2021-2026
Exhibit 28: Chart on Solution - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Solution - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Solution - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Solution - Year-over-year growth 2021-2026 (%)
5.4 Services - Market size and forecast 2021-2026
Exhibit 32: Chart on Services - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Services - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Services - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Services - Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by Component
Exhibit 36: Market opportunity by Component ($ million)
6 Customer Landscape
6.1 Customer landscape overview
Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
7.1 Geographic segmentation
Exhibit 38: Chart on Market share By Geographical Landscape 2021-2026 (%)
Exhibit 39: Data Table on Market share By Geographical Landscape 2021-2026 (%)
7.2 Geographic comparison
Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison
7.3 North America - Market size and forecast 2021-2026
Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
7.4 Europe - Market size and forecast 2021-2026
Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
7.5 APAC - Market size and forecast 2021-2026
Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
7.6 Middle East and Africa - Market size and forecast 2021-2026
Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
7.7 South America - Market size and forecast 2021-2026
Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
7.8 US - Market size and forecast 2021-2026
Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
7.9 China - Market size and forecast 2021-2026
Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
7.10 UK - Market size and forecast 2021-2026
Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
7.11 Germany - Market size and forecast 2021-2026
Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
7.12 India - Market size and forecast 2021-2026
Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)
7.13 Market opportunity By Geographical Landscape
Exhibit 82: Market opportunity By Geographical Landscape ($ million)
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 83: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends
9 Vendor Landscape
9.1 Overview
9.2 Vendor landscape
Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 85: Overview on factors of disruption
9.4 Industry risks
Exhibit 86: Impact of key risks on business
10 Vendor Analysis
10.1 Vendors covered
Exhibit 87: Vendors covered
10.2 Market positioning of vendors
Exhibit 88: Matrix on vendor position and classification
10.3 BlackLine Inc.
Exhibit 89: BlackLine Inc. - Overview
Exhibit 90: BlackLine Inc. - Product / Service
Exhibit 91: BlackLine Inc. - Key offerings
10.4 Bottomline Technologies Inc.
Exhibit 92: Bottomline Technologies Inc. - Overview
Exhibit 93: Bottomline Technologies Inc. - Product / Service
Exhibit 94: Bottomline Technologies Inc. - Key offerings
10.5 Comarch SA
Exhibit 95: Comarch SA - Overview
Exhibit 96: Comarch SA - Key offerings
10.6 HighRadius Corp.
Exhibit 97: HighRadius Corp. - Overview
Exhibit 98: HighRadius Corp. - Product / Service
Exhibit 99: HighRadius Corp. - Key offerings
10.7 Oracle Corp.
Exhibit 100: Oracle Corp. - Overview
Exhibit 101: Oracle Corp. - Business segments
Exhibit 102: Oracle Corp. - Key news
Exhibit 103: Oracle Corp. - Key offerings
Exhibit 104: Oracle Corp. - Segment focus
10.8 Sage Group Plc
Exhibit 105: Sage Group Plc - Overview
Exhibit 106: Sage Group Plc - Business segments
Exhibit 107: Sage Group Plc - Key news
Exhibit 108: Sage Group Plc - Key offerings
Exhibit 109: Sage Group Plc - Segment focus
10.9 SAP SE
Exhibit 110: SAP SE - Overview
Exhibit 111: SAP SE - Business segments
Exhibit 112: SAP SE - Key news
Exhibit 113: SAP SE - Key offerings
Exhibit 114: SAP SE - Segment focus
10.10 SK Global Software LLC
Exhibit 115: SK Global Software LLC - Overview
Exhibit 116: SK Global Software LLC - Product / Service
Exhibit 117: SK Global Software LLC - Key offerings
10.11 Workday Inc.
Exhibit 118: Workday Inc. - Overview
Exhibit 119: Workday Inc. - Product / Service
Exhibit 120: Workday Inc. - Key offerings
10.12 Zoho Corp. Pvt. Ltd.
Exhibit 121: Zoho Corp. Pvt. Ltd. - Overview
Exhibit 122: Zoho Corp. Pvt. Ltd. - Product / Service
Exhibit 123: Zoho Corp. Pvt. Ltd. - Key offerings
11 Appendix
11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 124: Inclusions checklist
11.3 Currency conversion rates for US$
Exhibit 125: Currency conversion rates for US$
11.4 Research methodology
Exhibit 126: Research methodology
Exhibit 127: Validation techniques employed for market sizing
Exhibit 128: Information sources
11.5 List of abbreviations
Exhibit 129: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Component
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Vendor Market Positioning
Exhibits 9: Parent market
Exhibits 10: Market Characteristics
Exhibits 11: Offerings of vendors included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibits 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibits 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibits 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
Exhibits 17: Five forces analysis - Comparison between 2021 and 2026
Exhibits 18: Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
Exhibits 19: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
Exhibits 20: Threat of new entrants - Impact of key factors in 2021 and 2026
Exhibits 21: Threat of substitutes - Impact of key factors in 2021 and 2026
Exhibits 22: Threat of rivalry - Impact of key factors in 2021 and 2026
Exhibits 23: Chart on Market condition - Five forces 2021 and 2026
Exhibits 24: Chart on Component - Market share 2021-2026 (%)
Exhibits 25: Data Table on Component - Market share 2021-2026 (%)
Exhibits 26: Chart on Comparison by Component
Exhibits 27: Data Table on Comparison by Component
Exhibits 28: Chart on Solution - Market size and forecast 2021-2026 ($ million)
Exhibits 29: Data Table on Solution - Market size and forecast 2021-2026 ($ million)
Exhibits 30: Chart on Solution - Year-over-year growth 2021-2026 (%)
Exhibits 31: Data Table on Solution - Year-over-year growth 2021-2026 (%)
Exhibits 32: Chart on Services - Market size and forecast 2021-2026 ($ million)
Exhibits 33: Data Table on Services - Market size and forecast 2021-2026 ($ million)
Exhibits 34: Chart on Services - Year-over-year growth 2021-2026 (%)
Exhibits 35: Data Table on Services - Year-over-year growth 2021-2026 (%)
Exhibits 36: Market opportunity by Component ($ million)
Exhibits 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 38: Chart on Market share By Geographical Landscape 2021-2026 (%)
Exhibits 39: Data Table on Market share By Geographical Landscape 2021-2026 (%)
Exhibits 40: Chart on Geographic comparison
Exhibits 41: Data Table on Geographic comparison
Exhibits 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibits 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibits 44: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibits 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
Exhibits 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibits 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibits 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibits 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
Exhibits 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibits 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibits 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibits 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
Exhibits 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibits 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibits 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibits 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibits 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibits 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibits 60: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibits 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
Exhibits 62: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibits 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibits 64: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibits 65: Data Table on US - Year-over-year growth 2021-2026 (%)
Exhibits 66: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibits 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibits 68: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibits 69: Data Table on China - Year-over-year growth 2021-2026 (%)
Exhibits 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibits 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibits 72: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibits 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
Exhibits 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibits 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibits 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibits 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
Exhibits 78: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibits 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibits 80: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibits 81: Data Table on India - Year-over-year growth 2021-2026 (%)
Exhibits 82: Market opportunity By Geographical Landscape ($ million)
Exhibits 83: Impact of drivers and challenges in 2021 and 2026
Exhibits 84: Overview on Criticality of inputs and Factors of differentiation
Exhibits 85: Overview on factors of disruption
Exhibits 86: Impact of key risks on business
Exhibits 87: Vendors covered
Exhibits 88: Matrix on vendor position and classification
Exhibits 89: BlackLine Inc. - Overview
Exhibits 90: BlackLine Inc. - Product / Service
Exhibits 91: BlackLine Inc. - Key offerings
Exhibits 92: Bottomline Technologies Inc. - Overview
Exhibits 93: Bottomline Technologies Inc. - Product / Service
Exhibits 94: Bottomline Technologies Inc. - Key offerings
Exhibits 95: Comarch SA - Overview
Exhibits 96: Comarch SA - Key offerings
Exhibits 97: HighRadius Corp. - Overview
Exhibits 98: HighRadius Corp. - Product / Service
Exhibits 99: HighRadius Corp. - Key offerings
Exhibits 100: Oracle Corp. - Overview
Exhibits 101: Oracle Corp. - Business segments
Exhibits 102: Oracle Corp. - Key news
Exhibits 103: Oracle Corp. - Key offerings
Exhibits 104: Oracle Corp. - Segment focus
Exhibits 105: Sage Group Plc - Overview
Exhibits 106: Sage Group Plc - Business segments
Exhibits 107: Sage Group Plc - Key news
Exhibits 108: Sage Group Plc - Key offerings
Exhibits 109: Sage Group Plc - Segment focus
Exhibits 110: SAP SE - Overview
Exhibits 111: SAP SE - Business segments
Exhibits 112: SAP SE - Key news
Exhibits 113: SAP SE - Key offerings
Exhibits 114: SAP SE - Segment focus
Exhibits 115: SK Global Software LLC - Overview
Exhibits 116: SK Global Software LLC - Product / Service
Exhibits 117: SK Global Software LLC - Key offerings
Exhibits 118: Workday Inc. - Overview
Exhibits 119: Workday Inc. - Product / Service
Exhibits 120: Workday Inc. - Key offerings
Exhibits 121: Zoho Corp. Pvt. Ltd. - Overview
Exhibits 122: Zoho Corp. Pvt. Ltd. - Product / Service
Exhibits 123: Zoho Corp. Pvt. Ltd. - Key offerings
Exhibits 124: Inclusions checklist
Exhibits 125: Currency conversion rates for US$
Exhibits 126: Research methodology
Exhibits 127: Validation techniques employed for market sizing
Exhibits 128: Information sources
Exhibits 129: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global accounts receivable automation market: Ash Conversions International, BlackLine Inc., BlueSnap Inc., Bottomline Technologies Inc., Comarch SA, Corcentric Inc., Esker SA, HighRadius Corp., Kofax Inc., Mynd Integrated Solutions, Oracle Corp., PAGERO AB, Quadient Sro, Qvalia Group AB, Sage Group Plc, SAP SE, SK Global Software LLC, TechNVision Ventures Ltd., Workday Inc., and Zoho Corp. Pvt. Ltd.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is the emergence of ml and ai-based ar automation solutions.`

According to the report, one of the major drivers of this market is the increasing demand for a cloud-based ar automation solution.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Ash Conversions International
  • BlackLine Inc.
  • BlueSnap Inc.
  • Bottomline Technologies Inc.
  • Comarch SA
  • Corcentric Inc.
  • Esker SA
  • HighRadius Corp.
  • Kofax Inc.
  • Mynd Integrated Solutions
  • Oracle Corp.
  • PAGERO AB
  • Quadient Sro
  • Qvalia Group AB
  • Sage Group Plc
  • SAP SE
  • SK Global Software LLC
  • TechNVision Ventures Ltd.
  • Workday Inc.
  • Zoho Corp. Pvt. Ltd.