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Accounts Receivable Automation Market by Component (Solution and Services), Organization Size, Deployment Type, Industry (BFSI, IT & Telecom, Manufacturing, Consumer Goods & Retail, Healthcare, Energy & Utilities), and Region - Global Forecast to 2024
[Published by MarketsandMarkets]

Published by MarketsandMarkets: 13 Sep 2019 | 236497 | In Stock

Introduction

The accounts receivable automation market is expected to grow at a CAGR of 12.1% during the forecast period due to the growing focus on the improvement of cash flow and reduction in days sales outstanding

The global accounts receivable automation market size is expected to grow from USD 1.7 billion in 2019 to USD 3.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 12.1% during the forecast period. Growing focus on the improvement of cash flow and reduction in days sales outstanding and reduced accounting cycle time are the major factors driving the growth of the accounts receivable automation market.

The solution segment expected to hold a higher market share during the forecast period

Accounts receivable automation solutions are widely adopted by various end users, such as financial institutions, retail, manufacturing, healthcare providers, government agencies, and telecom and utilities to automate and improve their cash collection efficiency. Manual processes for accounts receivable processes are expensive, error-prone, and highly inefficient. The accounts receivable solution automates payment receivable processes and enables enterprises to maintain a vendor-supplier relationship. The accounts receivable automation solution offers visibility of entire accounts receivable processes such as invoicing, receipt, and timely payment collection management. Moreover, it can be easily integrated with the Enterprise Resource Planning (ERP), thereby providing enhanced ability to adopt changes and increase the efficiency of payment processes. Accounts receivable automation provides dashboards, account selections, compliance policies, routing rules, and approvals to deliver seamless proficiencies for an organization’s operation.

Cloud-based deployment type expected to have a significant growth in the accounts receivable automation market during the forecast period

Several vendors in the market are providing payment collection solutions through the public and private cloud. Cloud-based solutions are available in various subscriptions and pay-per-use models. Organizations are looking forward to having their solutions deployed on the cloud, as it offers various advantages, such as scalability, flexibility in capacity, enhanced collaboration, and cost-efficiency. The implementation of the cloud-based accounts receivable automation solution facilitates enterprises to focus on their core competencies, rather than IT processes. Cloud-based accounts receivable automation solutions are significantly gaining traction due to their unprecedented deployment flexibility benefits and global availability.

North America expected to have the largest market size during the forecast period

North America has been a frontrunner in adopting innovative technologies. The accounts receivable automation market in North America is competitive due to the presence of a large number of solution providers. The market in this region is already at a mature stage, and therefore, it is expected to witness slower growth as compared to the other regions. The well-developed economy in North America and the growing adoption of automation solutions are the key factors contributing to the growth of the accounts receivable automation market in this region. The enterprises operating in the region are increasing their IT spending to automate the financial process. Enterprises with a large volume of data and transactions have already realized the need for an accounts receivable automation solution to carry out error-free, on-time transactions. Metro cities, such as New York, San Francisco, and Washington, have a large pool of skilled accounts receivable automation professionals who use the accounts receivable automation solution to get on-time payments for achieving business growth. The US and Canada are the key countries considered for market analysis in this region.

In the process of determining and verifying the market size of several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The breakup of the profiles of the primary participants is as follows:

• By Company: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%

• By Designation: C-Level – 35%, Director Level – 25%, and Others – 40%

• By Region: North America – 45%, Europe – 20%, APAC – 30%, RoW – 5%

The major accounts receivable automation market vendors include Sage, Oracle, SAP , Workday, Bottomline Technologies, Comarch, Esker, Kofax, Zoho, HighRadius, FinancialForce, Emagia, VersaPay, Rimilia, and YayPay.

Research Coverage:

The report includes an in-depth competitive analysis of the key players in the accounts receivable automation market along with their company profiles, recent developments, and key market strategies. The report segments the accounts receivable automation market by component (solution and services), organization size (large enterprises, and small and medium-sized enterprises), deployment type (on-premises and cloud) verticals, and regions.

Key Benefits of Buying the Report:

The accounts receivable automation market has been segmented on the basis of components, organization size, deployment types, verticals, and regions.

The report will help the market leaders/new entrants in the accounts receivable automation market in the following ways:

1. The overall accounts receivable automation market revenue stream has been estimated based on the revenues generated by vendors, offering accounts receivable automation platform solutions and services, wherein services are inclusive of integration and deployment, support and maintenance, and consulting services, provided by professional service providers. Moreover, the services segment also includes revenues generated by Managed Service Providers (MSPs). The report provides the closest approximations of the revenue numbers for the overall market and the subsegments. The market numbers are split further into regions.

2. The report helps the stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.

3. The report will help the stakeholders understand the competitors and gain more insights to better their market position. The competitive landscape section includes the competitor ecosystem, new product developments, partnerships, and mergers and acquisitions.

Table of Contents
for Accounts Receivable Automation Market by Component (Solution and Services), Organization Size, Deployment Type, Industry (BFSI, IT & Telecom, Manufacturing, Consumer Goods & Retail, Healthcare, Energy & Utilities), and Region - Global Forecast to 2024 [Published by MarketsandMarkets]

  • TABLE OF CONTENTS

    1 INTRODUCTION 16

    1.1 OBJECTIVES OF THE STUDY 16

    1.2 MARKET DEFINITION 16

    1.3 MARKET SCOPE 17

    1.3.1 MARKET SEGMENTATION 17

    1.4 YEARS CONSIDERED FOR THE STUDY 18

    1.5 CURRENCY CONSIDERED 18

    1.6 STAKEHOLDERS 19

    2 RESEARCH METHODOLOGY 20

    2.1 RESEARCH DATA 20

    2.1.1 SECONDARY DATA 21

    2.1.2 PRIMARY DATA 21

    2.1.2.1 Breakup of primaries 21

    2.1.2.2 Key industry insights 22

    2.2 MARKET BREAKUP AND DATA TRIANGULATION 22

    2.3 MARKET SIZE ESTIMATION 23

    2.3.1 TOP-DOWN APPROACH 23

    2.3.2 BOTTOM-UP APPROACH 24

    2.4 MARKET FORECAST 24

    2.5 ASSUMPTIONS FOR THE STUDY 25

    2.6 LIMITATIONS OF THE STUDY 26

    3 EXECUTIVE SUMMARY 27

    4 PREMIUM INSIGHTS 29

    4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE ACCOUNTS RECEIVABLE AUTOMATION MARKET 29

    4.2 ACCOUNTS RECEIVABLE AUTOMATION MARKET IN NORTH AMERICA,

    BY INDUSTRY AND COUNTRY, 2019 30

    4.3 ACCOUNTS RECEIVABLE AUTOMATION MARKET: MAJOR COUNTRIES 31

    5 MARKET OVERVIEW AND INDUSTRY TRENDS 32

    5.1 INTRODUCTION 32

    5.2 MARKET DYNAMICS 32

    5.2.1 DRIVERS 33

    5.2.1.1 Growing focus on the improvement of cash flow and reduction of days sales outstanding 33

    5.2.1.2 Reduced accounting cycle time 33

    5.2.2 RESTRAINTS 33

    5.2.2.1 Reluctance of enterprises toward automating their accounts receivable processes 33

    5.2.3 OPPORTUNITIES 33

    5.2.3.1 AI-powered accounts receivable automation 33

    5.2.3.2 Growing traction for SaaS solutions and shift toward value-based pricing 34

    5.2.4 CHALLENGES 34

    5.2.4.1 Security and encryption concerns 34

    5.2.4.2 Complex invoicing and payment management processes 34

    5.3 USE CASES 35

    5.3.1 YAYPAY 35

    5.3.2 VERSAPAY 35

    5.3.3 HIGHRADIUS 35

    6 ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY COMPONENT 36

    6.1 INTRODUCTION 37

    6.2 SOLUTION 38

    6.2.1 INCREASING NEED TO REDUCE TIME AND ERRORS IN ACCOUNTS RECEIVABLE WORKFLOW DRIVING THE ADOPTION OF ACCOUNTS RECEIVABLE AUTOMATION SOLUTION 38

    6.3 SERVICES 39

    6.3.1 CONSULTING AND IMPLEMENTATION 40

    6.3.1.1 Expertise and technicalities involved in implementing accounts receivable automation solution to boost the demand for consulting and implementation services 40

    6.3.2 SUPPORT AND MAINTENANCE 41

    6.3.2.1 Increasing deployment of accounts receivable automation solution for handling complex accounts receivable processes to drive the demand for support and maintenance services 41

    7 ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY ORGANIZATION SIZE 43

    7.1 INTRODUCTION 44

    7.2 LARGE ENTERPRISES 45

    7.2.1 GROWING NEED TO IMPROVE CASH FLOW AND ELIMINATE HUMAN ERRORS IN ACCOUNTING PROCESSES DRIVING THE ADOPTION OF ACCOUNTS RECEIVABLE AUTOMATION SOLUTION AMONG LARGE ENTERPRISES 45

    7.3 SMALL AND MEDIUM-SIZED ENTERPRISES 46

    7.3.1 NEED FOR COST-EFFECTIVE SOLUTIONS TO DRIVE THE ADOPTION OF ACCOUNTS RECEIVABLE AUTOMATION SOLUTION ACROSS SMALL AND MEDIUM-SIZED ENTERPRISES 46

    8 ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY DEPLOYMENT TYPE 47

    8.1 INTRODUCTION 48

    8.2 ON-PREMISES 49

    8.2.1 BENEFITS SUCH AS FULL CONTROL OF INFRASTRUCTURE AND ENHANCED SECURITY TO BOOST THE ADOPTION OF ON-PREMISES ACCOUNTS RECEIVABLE AUTOMATION SOLUTION 49

    8.3 CLOUD 50

    8.3.1 ADVANTAGES SUCH AS SCALABILITY, FLEXIBILITY, ENHANCED COLLABORATION, AND COST-EFFICIENCY TO DRIVE THE ADOPTION OF CLOUD-BASED ACCOUNTS RECEIVABLE AUTOMATION SOLUTION 50

    9 ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY INDUSTRY 51

    9.1 INTRODUCTION 52

    9.2 BANKING, FINANCIAL SERVICES, AND INSURANCE 53

    9.2.1 NEED TO MAXIMIZE STAFF PRODUCTIVITY AND SAVE TIME OF PERSONNEL DRIVING THE ADOPTION OF ACCOUNTS RECEIVABLE AUTOMATION SOLUTION IN BFSI INDUSTRY 53

    9.3 IT AND TELECOM 54

    9.3.1 INCREASING NEED TO STREAMLINE BUSINESS PROCESSES DRIVING THE ADOPTION OF ACCOUNTS RECEIVABLE AUTOMATION SOLUTION IN IT AND TELECOM INDUSTRY 54

    9.4 MANUFACTURING 55

    9.4.1 NEED FOR FASTER PAYMENT PROCESSING AND GAIN THOROUGH INSIGHTS INTO WORKING CAPITAL DRIVING THE ADOPTION OF ACCOUNTS RECEIVABLE AUTOMATION SOLUTION IN MANUFACTURING INDUSTRY 55

    9.5 CONSUMER GOODS AND RETAIL 56

    9.5.1 GROWING NECESSITY TO REDUCE COSTS, OPTIMIZE EFFICIENCY, AND STREAMLINE BACK-OFFICE FUNCTIONS DRIVING THE ADOPTION OF ACCOUNTS RECEIVABLE AUTOMATION SOLUTION IN CONSUMER GOODS AND RETAIL INDUSTRY 56

    9.6 HEALTHCARE 57

    9.6.1 SURGING NEED TO MAINTAIN ACCURACY IN PAYMENT ACCEPTANCE PROCESS DRIVING THE ADOPTION OF ACCOUNTS RECEIVABLE AUTOMATION SOLUTION IN HEALTHCARE INDUSTRY 57

    9.7 ENERGY AND UTILITIES 58

    9.7.1 GROWING NECESSITY TO CONTROL INCREASING OVERHEAD COSTS AND IMPROVE CASH FLOW DRIVING THE ADOPTION OF ACCOUNTS RECEIVABLE AUTOMATION SOLUTION IN ENERGY AND UTILITIES INDUSTRY 58

    9.8 OTHERS 59

    10 ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY REGION 60

    10.1 INTRODUCTION 61

    10.2 NORTH AMERICA 62

    10.2.1 UNITED STATES 65

    10.2.1.1 Presence of a large number of accounts receivable automation solution providers to drive the market growth in the US 65

    10.2.2 CANADA 65

    10.2.2.1 Changing paradigm of businesses toward the adoption of digitalized solutions to fuel the adoption of accounts receivable solution in Canada 65

    10.3 EUROPE 66

    10.3.1 UNITED KINGDOM 68

    10.3.1.1 Need for efficient management of invoices pertaining to diverse customers driving the adoption of accounts receivable automation solution in the UK 68

    10.3.2 GERMANY 68

    10.3.2.1 Growing need for efficient accounting process among large enterprises to drive the adoption of accounts receivable automation solution in Germany 68

    10.3.3 REST OF EUROPE 69

    10.4 ASIA PACIFIC 69

    10.4.1 JAPAN 72

    10.4.1.1 Need to overcome the shortage of human resources driving the adoption of accounts receivable automation solution in Japan 72

    10.4.2 AUSTRALIA AND NEW ZEALAND 72

    10.4.2.1 Need to manage customer accounts and meet diverse customer demands driving the adoption of accounts receivable automation solution in ANZ 72

    10.4.3 REST OF ASIA PACIFIC 72

    10.5 MIDDLE EAST AND AFRICA 73

    10.5.1 UNITED ARAB EMIRATES 75

    10.5.1.1 Growing need for efficient accounting process among enterprises to drive the growth of accounts receivable automation market in the UAE 75

    10.5.2 KINGDOM OF SAUDI ARABIA 75

    10.5.2.1 Need for better customer relationship and efficient management of payment receivables to fuel the growth of accounts receivable automation market in KSA 75

    10.5.3 REST OF MIDDLE EAST AND AFRICA 76

    10.6 LATIN AMERICA 76

    10.6.1 BRAZIL 78

    10.6.1.1 Increasing need to overcome shortage of skilled workforce driving the adoption of accounts receivable solution in Brazil 78

    10.6.2 MEXICO 78

    10.6.2.1 Growing need to streamline business operations driving the growth of accounts receivable automation market in Mexico 78

    10.6.3 REST OF LATIN AMERICA 79

    11 COMPETITIVE LANDSCAPE 80

    11.1 INTRODUCTION 80

    11.2 COMPETITIVE SCENARIO 81

    11.2.1 NEW PRODUCT/SERVICE LAUNCHES AND PRODUCT ENHANCEMENTS 81

    11.2.2 PARTNERSHIPS, COLLABORATIONS, AND AGREEMENTS 82

    11.2.3 MERGERS AND ACQUISITIONS 82

    11.3 COMPETITIVE LEADERSHIP MAPPING 83

    11.3.1 VISIONARY LEADERS 83

    11.3.2 DYNAMIC DIFFERENTIATORS 83

    11.3.3 INNOVATORS 83

    11.3.4 EMERGING COMPANIES 84

    12 COMPANY PROFILES 85

    12.1 SAGE 85

    (Business Overview, Products, Solutions, & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*

    12.2 SAP 88

    12.3 ORACLE 91

    12.4 WORKDAY 94

    12.5 BOTTOMLINE TECHNOLOGIES 97

    12.6 COMARCH 100

    12.7 ESKER 102

    12.8 KOFAX 104

    12.9 ZOHO 106

    12.10 HIGHRADIUS 107

    12.11 FINANCIALFORCE 108

    12.12 EMAGIA 108

    12.13 VERSAPAY 109

    12.14 RIMILIA 109

    12.15 INVOICED 110

    12.16 YAYPAY 110

    *Details on Business Overview, Products, Solutions & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.

    13 APPENDIX 111

    13.1 DISCUSSION GUIDE 111

    13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 115

    13.3 AVAILABLE CUSTOMIZATIONS 117

    13.4 RELATED REPORTS 117

    13.5 AUTHOR DETAILS 118

List Of Tables
in Accounts Receivable Automation Market by Component (Solution and Services), Organization Size, Deployment Type, Industry (BFSI, IT & Telecom, Manufacturing, Consumer Goods & Retail, Healthcare, Energy & Utilities), and Region - Global Forecast to 2024 [Published by MarketsandMarkets]

LIST OF TABLES


TABLE 1 UNITED STATES DOLLAR EXCHANGE RATE, 2016–2018 18

TABLE 2 FACTOR ANALYSIS 24

TABLE 3 ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY COMPONENT,

2017–2024 (USD MILLION) 37

TABLE 4 SOLUTION: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 38

TABLE 5 SERVICES: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY TYPE,

2017–2024 (USD MILLION) 39

TABLE 6 SERVICES: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 40

TABLE 7 CONSULTING AND IMPLEMENTATION MARKET SIZE, BY REGION,

2017–2024 (USD MILLION) 41

TABLE 8 SUPPORT AND MAINTENANCE MARKET SIZE, BY REGION,

2017–2024 (USD MILLION) 42

TABLE 9 ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 44

TABLE 10 LARGE ENTERPRISES: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE,

BY REGION, 2017–2024 (USD MILLION) 45

TABLE 11 SMALL AND MEDIUM-SIZED ENTERPRISES: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 46

TABLE 12 ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY DEPLOYMENT TYPE, 2017–2024 (USD MILLION) 48

TABLE 13 ON-PREMISES: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 49

TABLE 14 CLOUD: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY REGION,

2017–2024 (USD MILLION) 50

TABLE 15 ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY INDUSTRY,

2017–2024 (USD MILLION) 52

TABLE 16 BANKING, FINANCIAL SERVICES, AND INSURANCE: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 53

TABLE 17 IT AND TELECOM: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE,

BY REGION, 2017–2024 (USD MILLION) 54

TABLE 18 MANUFACTURING: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE,

BY REGION, 2017–2024 (USD MILLION) 55

TABLE 19 CONSUMER GOODS AND RETAIL: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 56

TABLE 20 HEALTHCARE: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 57

TABLE 21 ENERGY AND UTILITIES: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE,

BY REGION, 2017–2024 (USD MILLION) 58

TABLE 22 OTHERS: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY REGION,

2017–2024 (USD MILLION) 59

TABLE 23 ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY REGION,

2017–2024 (USD MILLION) 61

TABLE 24 NORTH AMERICA: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE,

BY COMPONENT, 2017–2024 (USD MILLION) 63

TABLE 25 NORTH AMERICA: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE,

BY SERVICE, 2017–2024 (USD MILLION) 63

TABLE 26 NORTH AMERICA: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE,

BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 63

TABLE 27 NORTH AMERICA: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE,

BY DEPLOYMENT TYPE, 2017–2024 (USD MILLION) 64

TABLE 28 NORTH AMERICA: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE,

BY INDUSTRY, 2017–2024 (USD MILLION) 64

TABLE 29 NORTH AMERICA: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE,

BY COUNTRY, 2017–2024 (USD MILLION) 65

TABLE 30 EUROPE: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY COMPONENT, 2017–2024 (USD MILLION) 66

TABLE 31 EUROPE: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY SERVICE,

2017–2024 (USD MILLION) 66

TABLE 32 EUROPE: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 67

TABLE 33 EUROPE: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY DEPLOYMENT TYPE, 2017–2024 (USD MILLION) 67

TABLE 34 EUROPE: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY INDUSTRY, 2017–2024 (USD MILLION) 67

TABLE 35 EUROPE: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION) 68

TABLE 36 ASIA PACIFIC: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE,

BY COMPONENT, 2017–2024 (USD MILLION) 70

TABLE 37 ASIA PACIFIC: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE,

BY SERVICE, 2017–2024 (USD MILLION) 70

TABLE 38 ASIA PACIFIC: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE,

BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 70

TABLE 39 ASIA PACIFIC: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE,

BY DEPLOYMENT TYPE, 2017–2024 (USD MILLION) 71

TABLE 40 ASIA PACIFIC: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY INDUSTRY, 2017–2024 (USD MILLION) 71

TABLE 41 ASIA PACIFIC: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION) 72

TABLE 42 MIDDLE EAST AND AFRICA: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY COMPONENT, 2017–2024 (USD MILLION) 73

TABLE 43 MIDDLE EAST AND AFRICA: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY SERVICE, 2017–2024 (USD MILLION) 73

TABLE 44 MIDDLE EAST AND AFRICA: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 74

TABLE 45 MIDDLE EAST AND AFRICA: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY DEPLOYMENT TYPE, 2017–2024 (USD MILLION) 74

TABLE 46 MIDDLE EAST AND AFRICA: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY INDUSTRY, 2017–2024 (USD MILLION) 74

TABLE 47 MIDDLE EAST AND AFRICA: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION) 75

TABLE 48 LATIN AMERICA: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE,

BY COMPONENT, 2017–2024 (USD MILLION) 76

TABLE 49 LATIN AMERICA: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE,

BY SERVICE, 2017–2024 (USD MILLION) 76

TABLE 50 LATIN AMERICA: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE,

BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 77

TABLE 51 LATIN AMERICA: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE,

BY DEPLOYMENT TYPE, 2017–2024 (USD MILLION) 77

TABLE 52 LATIN AMERICA: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE,

BY INDUSTRY, 2017–2024 (USD MILLION) 77

TABLE 53 LATIN AMERICA: ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE,

BY COUNTRY, 2017–2024 (USD MILLION) 78

TABLE 54 NEW PRODUCT/SERVICE LAUNCHES AND PRODUCT ENHANCEMENTS, 2019 81

TABLE 55 PARTNERSHIPS, COLLABORATIONS, AND AGREEMENTS, 2019 82

TABLE 56 MERGERS AND ACQUISITIONS, 2019 82

TABLE 57 EVALUATION CRITERIA 83

List Of Figures, Charts and Diagrams
in Accounts Receivable Automation Market by Component (Solution and Services), Organization Size, Deployment Type, Industry (BFSI, IT & Telecom, Manufacturing, Consumer Goods & Retail, Healthcare, Energy & Utilities), and Region - Global Forecast to 2024 [Published by MarketsandMarkets]

LIST OF FIGURES


FIGURE 1 ACCOUNTS RECEIVABLE AUTOMATION: MARKET SEGMENTATION 17

FIGURE 2 ACCOUNTS RECEIVABLE AUTOMATION MARKET: RESEARCH DESIGN 20

FIGURE 3 ACCOUNTS RECEIVABLE AUTOMATION MARKET: TOP-DOWN AND

BOTTOM-UP APPROACHES 23

FIGURE 4 SEGMENTS WITH HIGH MARKET SHARES IN THE ACCOUNTS RECEIVABLE AUTOMATION MARKET IN 2019 28

FIGURE 5 NORTH AMERICA TO ACCOUNT FOR THE HIGHEST MARKET SHARE IN 2019 28

FIGURE 6 GROWING FOCUS OF ORGANIZATIONS TO AUTOMATE THE WORKFLOW OF ACCOUNTS RECEIVABLE AND REDUCE DAYS SALES OUTSTANDING DRIVING THE GROWTH OF ACCOUNTS RECEIVABLE AUTOMATION MARKET 29

FIGURE 7 BANKING, FINANCIAL SERVICES, AND INSURANCE INDUSTRY AND THE UNITED STATES TO ACCOUNT FOR HIGH MARKET SHARES IN THE NORTH AMERICAN ACCOUNTS RECEIVABLE AUTOMATION MARKET IN 2019 30

FIGURE 8 AUSTRALIA AND NEW ZEALAND TO GROW AT THE HIGHEST CAGR DURING

THE FORECAST PERIOD 31

FIGURE 9 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: ACCOUNTS RECEIVABLE AUTOMATION MARKET 32

FIGURE 10 SERVICES SEGMENT TO GROW AT A HIGHER CAGR DURING

THE FORECAST PERIOD 37

FIGURE 11 CONSULTING AND IMPLEMENTATION SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 39

FIGURE 12 SMALL AND MEDIUM-SIZED ENTERPRISES SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 44

FIGURE 13 CLOUD SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 48

FIGURE 14 CONSUMER GOODS AND RETAIL INDUSTRY TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 52

FIGURE 15 ASIA PACIFIC TO WITNESS SIGNIFICANT GROWTH DURING THE FORECAST PERIOD 61

FIGURE 16 NORTH AMERICA: MARKET SNAPSHOT 62

FIGURE 17 ASIA PACIFIC: MARKET SNAPSHOT 69

FIGURE 18 KEY DEVELOPMENTS BY THE LEADING PLAYERS IN THE ACCOUNTS RECEIVABLE AUTOMATION MARKET DURING 2016–2019 80

FIGURE 19 ACCOUNTS RECEIVABLE AUTOMATION MARKET (GLOBAL),

COMPETITIVE LEADERSHIP MAPPING, 2019 84

FIGURE 20 SAGE: COMPANY SNAPSHOT 85

FIGURE 21 SAGE: SWOT ANALYSIS 87

FIGURE 22 SAP: COMPANY SNAPSHOT 88

FIGURE 23 SAP: SWOT ANALYSIS 90

FIGURE 24 ORACLE: COMPANY SNAPSHOT 91

FIGURE 25 ORACLE: SWOT ANALYSIS 93

FIGURE 26 WORKDAY: COMPANY SNAPSHOT 94

FIGURE 27 WORKDAY: SWOT ANALYSIS 95

FIGURE 28 BOTTOMLINE TECHNOLOGIES: COMPANY SNAPSHOT 97

FIGURE 29 BOTTOMLINE TECHNOLOGIES: SWOT ANALYSIS 98

FIGURE 30 COMARCH: COMPANY SNAPSHOT 100

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MarketsandMarkets

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236497 | TC 7347

Number of Pages

119

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PDF

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