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Accounts Receivable Automation Global Market Report 2024

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    Report

  • 200 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5785640
The global accounts receivable automation market has grown rapidly in recent years. It will grow from $3.1 billion in 2023 to $3.54 billion in 2024 at a compound annual growth rate (CAGR) of 14.3%. The growth observed in the historical period in accounts receivable automation can be attributed to several factors, including the inefficiencies of manual processes, an increasing volume of transactions, the need for error reduction and improved accuracy, initiatives aimed at cost reduction, and a heightened demand for faster processing. These factors collectively drove the adoption of accounts receivable automation solutions during the historical period.

The global accounts receivable automation market is expected to see rapid growth in the next few years. It will grow to $6.19 billion in 2028 at a compound annual growth rate (CAGR) of 15.0%. The anticipated growth in the forecast period for accounts receivable automation can be attributed to the ongoing digital transformation, the evolution of remote workforce practices, a growing emphasis on cash flow optimization, increased demand for scalability and flexibility in financial processes, and a customer-centric approach. Major trends expected in the forecast period include intensified market competition and innovation, collaborative efforts with suppliers/vendors, a focus on sustainability and paperless processes, and an increased emphasis on cybersecurity to ensure the security of financial transactions and data.

The surge in the adoption of automation and digitization among Small and Medium-sized Enterprises (SMEs) is poised to drive the expansion of the account receivable automation market. Utilization of digitalization and automation tools assists SMEs in cost reduction, standardization of processes, and decreasing reliance on manual labor. Consequently, this shift towards automation and digitization is anticipated to steer SMEs towards embracing account receivable automation. For instance, a report released by the World Economic Forum in December 2021 on SME digitalization highlighted that 97% of global companies, including over 90% of SMEs worldwide, have expedited technology adoption involving automation and digitalization. Thus, the escalating adoption of automation and digitization by SMEs is set to fuel the growth of the accounts receivable automation market.

The upsurge in internet penetration is forecasted to propel the advancement of the accounts receivable automation market. Internet penetration, a global network connecting the world wide web and billions of computers worldwide, facilitates accounts receivable automation providers to access various facets of the payment processes, such as documentation and invoices, across the globe using any device, eliminating the need for manual intervention. For instance, as of October 2022, DataReportal reported that approximately 5.07 billion individuals, equivalent to 63.5% of the global population, are internet users worldwide. Moreover, according to Livemint in July 2022, India registered a total of 692 million active internet users, with 351 million from rural areas and 341 million from urban areas. Hence, the burgeoning internet penetration is a catalyst driving the growth of the accounts receivable automation market during the projected period.

The adoption of technological advancements emerges as a significant trend gaining traction within the accounts receivable automation market. Key market players are introducing novel technologies to gain a competitive advantage. For example, in February 2022, Quadient, a Europe-based company specializing in business process automation and customer experience management, launched an accounts payable (AP) automation solution. This solution offers a more secure and simplified method to approve invoices and execute vendor payments from any location, highlighting the ongoing commitment of major market entities to leverage innovative technologies to enhance their position in the marketplace.

Major players in the accounts receivable automation market are concentrating on enhancing the capabilities of their services using diverse technologies like Vroozi Intelligence. Vroozi Intelligence stands as an intelligent procure-to-pay platform engineered to assist organizations in sourcing, purchasing, and facilitating payments for necessary goods and services essential for their business operations. For instance, in November 2021, Vroozi, a US-based software company, unveiled Vroozi Intelligence, an accounts payable automation platform. This platform is tailored to automate multiple facets of the accounts payable process, encompassing invoice matching, coding, exception handling, and approval workflows.

In September 2021, Bill.com, a US-based cloud-based financial operation software firm, acquired Invoice2go for an undisclosed sum. This strategic acquisition by Bill.com aims to bolster its accounts receivable solutions, particularly targeting small businesses. Invoice2go, a US-based software technology company, specializes in developing mobile and web applications dedicated to expense management. This acquisition signifies Bill.com's commitment to expanding and fortifying its suite of offerings within the accounts receivable sector, thereby furthering its reach and capabilities in serving small business clientele.

Major companies operating in the accounts receivable automation market report are BlackLine Inc., Bottomline Technologies Inc., Comarch SA, Esker SA, HighRadius Corporation, SAP SE, Oracle Corporation, Kofax Inc., YayPay Inc., SK Global Software LLC, FinancialForce Inc., The Sage Group PLC, VersaPay Corporation, Bill.com Holdings Inc., Corcentric LLC, MHC Software Inc., Qvalia AB, Anytime Collect, Neopost SA, Workday Inc., Coupa Software Inc., Fidelity National Information Services Inc., Zoho Corporation, Fiserv Inc., Invoiced Inc., MineralTree Inc., Nvoicepay Inc., Rimilia Holdings Ltd., Serrala Group, Tesorio Inc., Tradeshift Inc.

North America was the largest region in the accounts receivable automation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the accounts receivable automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the accounts receivable automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The main components of accounts receivable automation include solutions and services. Solutions in accounts receivable automation involve the automation of crucial financial processes. This includes tasks such as account reconciliation, updating financial data, and preparing financial statements without the need for direct human intervention. Solutions typically consist of a set of software modules that collaboratively create a cross-functional system for a company. The deployment modes for accounts receivable automation encompass both cloud-based and on-premises solutions, catering to the needs of both large enterprises and small to medium-sized enterprises (SMEs). The end-users of accounts receivable automation span various industries, including Banking, Financial Services, and Insurance (BFSI), retail and consumer goods, healthcare, information technology and telecommunications, manufacturing, energy and utilities, and other verticals.

This report provides accounts receivable automation market statistics, including accounts receivable automation industry global market size, regional shares, competitors with a accounts receivable automation market share, detailed accounts receivable automation market segments, market trends and opportunities, and any further data you may need to thrive in the accounts receivable automation industry. This accounts receivable automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The accounts receivable automation market consists of revenues earned by entities by providing invoice processing, tracking customer payments, and ensuring the collection of payments. The market value includes the value of related goods sold by the service provider or included within the service offering. The accounts receivable automation market also includes sales of solutions such as cash automation applications and business credit management. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Accounts Receivable Automation Market Characteristics3. Accounts Receivable Automation Market Trends and Strategies
4. Accounts Receivable Automation Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Accounts Receivable Automation Market Size and Growth
5.1. Global Accounts Receivable Automation Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Accounts Receivable Automation Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Accounts Receivable Automation Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Accounts Receivable Automation Market Segmentation
6.1. Global Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Solution
  • Services
6.2. Global Accounts Receivable Automation Market, Segmentation by Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Cloud
  • on-premises
6.3. Global Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Large Enterprises
  • Small and Medium Sized Enterprises
6.4. Global Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • BFSI
  • Retail snd Consumer Goods.
  • Healthcare
  • IT and Telecom.
  • Manufacturing
  • Energy and Utilities
  • Other Vertical
7. Accounts Receivable Automation Market Regional and Country Analysis
7.1. Global Accounts Receivable Automation Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Accounts Receivable Automation Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Accounts Receivable Automation Market
8.1. Asia-Pacific Accounts Receivable Automation Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Accounts Receivable Automation Market
9.1. China Accounts Receivable Automation Market Overview
9.2. China Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Accounts Receivable Automation Market
10.1. India Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Accounts Receivable Automation Market
11.1. Japan Accounts Receivable Automation Market Overview
11.2. Japan Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Accounts Receivable Automation Market
12.1. Australia Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Accounts Receivable Automation Market
13.1. Indonesia Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Accounts Receivable Automation Market
14.1. South Korea Accounts Receivable Automation Market Overview
14.2. South Korea Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Accounts Receivable Automation Market
15.1. Western Europe Accounts Receivable Automation Market Overview
15.2. Western Europe Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Accounts Receivable Automation Market
16.1. UK Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Accounts Receivable Automation Market
17.1. Germany Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Accounts Receivable Automation Market
18.1. France Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Accounts Receivable Automation Market
19.1. Italy Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Accounts Receivable Automation Market
20.1. Spain Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Accounts Receivable Automation Market
21.1. Eastern Europe Accounts Receivable Automation Market Overview
21.2. Eastern Europe Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Accounts Receivable Automation Market
22.1. Russia Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Accounts Receivable Automation Market
23.1. North America Accounts Receivable Automation Market Overview
23.2. North America Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Accounts Receivable Automation Market
24.1. USA Accounts Receivable Automation Market Overview
24.2. USA Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Accounts Receivable Automation Market
25.1. Canada Accounts Receivable Automation Market Overview
25.2. Canada Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Accounts Receivable Automation Market
26.1. South America Accounts Receivable Automation Market Overview
26.2. South America Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Accounts Receivable Automation Market
27.1. Brazil Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Accounts Receivable Automation Market
28.1. Middle East Accounts Receivable Automation Market Overview
28.2. Middle East Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Accounts Receivable Automation Market
29.1. Africa Accounts Receivable Automation Market Overview
29.2. Africa Accounts Receivable Automation Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Accounts Receivable Automation Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Accounts Receivable Automation Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Accounts Receivable Automation Market Competitive Landscape and Company Profiles
30.1. Accounts Receivable Automation Market Competitive Landscape
30.2. Accounts Receivable Automation Market Company Profiles
30.2.1. BlackLine Inc.
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Bottomline Technologies Inc.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Comarch SA
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Esker SA
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. HighRadius Corporation
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Global Accounts Receivable Automation Market Competitive Benchmarking32. Global Accounts Receivable Automation Market Competitive Dashboard33. Key Mergers and Acquisitions in the Accounts Receivable Automation Market
34. Accounts Receivable Automation Market Future Outlook and Potential Analysis
34.1 Accounts Receivable Automation Market in 2028 - Countries Offering Most New Opportunities
34.2 Accounts Receivable Automation Market in 2028 - Segments Offering Most New Opportunities
34.3 Accounts Receivable Automation Market in 2028 - Growth Strategies
34.3.1 Market Trend-based Strategies
34.3.2 Competitor Strategies
35. Appendix
35.1. Abbreviations
35.2. Currencies
35.3. Historic and Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Analyst
35.6. Copyright and Disclaimer

Executive Summary

This report provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on accounts receivable automation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for accounts receivable automation? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of covid 19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:

1) By Component: Solution; Services
2) By Deployment Mode: Cloud; On-premises
3) By Organization Size: Large Enterprises; Small and Medium Sized Enterprises
4) By Vertical: BFSI; Retail and Consumer Goods.; Healthcare; IT and Telecom.; Manufacturing; Energy and Utilities; Other Vertical

Key Companies Mentioned: BlackLine Inc.; Bottomline Technologies Inc.; Comarch SA; Esker SA; HighRadius Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned (Partial List)

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

  • BlackLine Inc.
  • Bottomline Technologies Inc.
  • Comarch SA
  • Esker SA
  • HighRadius Corporation
  • SAP SE
  • Oracle Corporation
  • Kofax Inc.
  • YayPay Inc.
  • SK Global Software LLC
  • FinancialForce Inc.
  • The Sage Group PLC
  • VersaPay Corporation
  • Bill.com Holdings Inc.
  • Corcentric LLC
  • MHC Software Inc.
  • Qvalia AB
  • Anytime Collect
  • Neopost SA
  • Workday Inc.
  • Coupa Software Inc.
  • Fidelity National Information Services Inc.
  • Zoho Corporation
  • Fiserv Inc.
  • Invoiced Inc.
  • MineralTree Inc.
  • Nvoicepay Inc.
  • Rimilia Holdings Ltd.
  • Serrala Group
  • Tesorio Inc.
  • Tradeshift Inc.

Methodology

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