Accounts Receivable Automation Market Size and Analysis, Trends, Recent Developments, andForecast 2030
latest report from Emergen Research, the market research report discusses the global Accounts Receivable Automation market in depth, and each of the major market segments is examined in depth. In addition to market information, the report provides industry statistics, regional market revenue shares, gross profits, production & distribution costs, and product portfolios related to the global Accounts Receivable Automation market. There are also a number of factors influencing industry revenue growth identified in the report, including drivers, opportunities, trends, restraints, challenges, demand and supply ratios, production and consumption patterns, stringent regulatory frameworks, as well as a multitude of other micro- and macro-economic factors.
The global accounts receivable automation market size reached USD 2.64 Billion in 2021 and is expected to register a revenue CAGR of 13.3% during the forecast period, according to latest analysis by Emergen Research. Rising demand for digital platforms for tracking daily accounting activities is the key factor driving revenue growth of the market.
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Key Companies Profiled in the Report are:
Oracle Corporation, Kofax Inc., Quadient, SK Global Software, Sage Group plc, BlackLine Inc., Bottomline Technologies, Inc., Microsoft Corporation, and MHC Automation
Market Overview:
The report bifurcates the Accounts Receivable Automation market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Based on the types, the market is segmented into:
-
Component Outlook (Revenue, USD Billion; 2019-2030)
- Solutions
- Dispute Management
- Deductions Management
- Credit Evaluation & Management
- Collections Management
- Bill Presentment & Payment
- Cash Application Automation
- Receivables Analytics
- Services
- Managed Services
- Professional Services
- Implementation & Integration
- Consulting
- Support & Maintenance
- Solutions
-
Deployment Type Outlook (Revenue, USD Billion; 2019-2030)
- On-Premises
- Cloud
-
Organization Size Outlook (Revenue, USD Billion; 2019-2030)
- Small and Medium-Sized Enterprises
- Large Enterprises
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Competitive Landscape:
The latest study provides an insightful analysis of the broad competitive landscape of the global Accounts Receivable Automation market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Accounts Receivable Automation market and pinpoint the fundamental growth trends.
Regional Landscape section of the Accounts Receivable Automation report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Accounts Receivable Automation market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
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