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Accounts Receivable Automation Market by Component (Services, Solution), Deployment (Cloud, On-Premises), Organization Size, Industry - Global Forecast 2024-2030

Publisher 360iResearch
Published Jan 15, 2024
Length 183 Pages
SKU # IRE18417794

Description

Accounts Receivable Automation Market by Component (Services, Solution), Deployment (Cloud, On-Premises), Organization Size, Industry - Global Forecast 2024-2030


The Accounts Receivable Automation Market size was estimated at USD 4.48 billion in 2023 and expected to reach USD 5.01 billion in 2024, at a CAGR 13.93% to reach USD 11.17 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Accounts Receivable Automation Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Accounts Receivable Automation Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Accounts Receivable Automation Market, highlighting leading vendors and their innovative profiles. These include API Outsourcing Inc., Bottomline Technologies Inc., Chargebee Inc., Comarch SA, Corcentric LLC, Esker S.A., HighRadius Corporation, Invoiced, Inc., Kofax Inc., Medius Sverige AB, MYOB Technology Pty Ltd, Office Torque, Oracle Corporation, Rimilia Holdings Ltd, Sage Group PLC, SAP SE, Swiss Post Solutions Inc, VersaPay Corporation, Workday, Inc., Yaypay Inc., and Zoho Corporation Pvt. Ltd..

Market Segmentation & Coverage

This research report categorizes the Accounts Receivable Automation Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component

Services

Managed Services
  • Professional Services
  • Solution

    Bill Presentment & Payment
  • Cash Application Automation
  • Collections Management
  • Credit Evaluation & Management
  • Deductions Management
  • Dispute Management
  • Receivables Analytics
  • Deployment

    Cloud
  • On-Premises
  • Organization Size

    Large Enterprises
  • SMEs
  • Industry

    BFSI
  • Consumer Goods & Retail
  • Energy & Utilities
  • Healthcare
  • IT & Telecom
  • Manufacturing
  • Region

    Americas

    Argentina
  • Brazil
  • Canada
  • Mexico
  • United States

    California
  • Florida
  • Illinois
  • New York
  • Ohio
  • Pennsylvania
  • Texas
  • Asia-Pacific

    Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
  • Vietnam
  • Europe, Middle East & Africa

    Denmark
  • Egypt
  • Finland
  • France
  • Germany
  • Israel
  • Italy
  • Netherlands
  • Nigeria
  • Norway
  • Poland
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • Sweden
  • Switzerland
  • Turkey
  • United Arab Emirates
  • United Kingdom
    The report offers valuable insights on the following aspects:

    1. Market Penetration: It presents comprehensive information on the market provided by key players.
    2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
    3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
    4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
    5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
    The report addresses key questions such as:

    1. What is the market size and forecast of the Accounts Receivable Automation Market?
    2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Accounts Receivable Automation Market?
    3. What are the technology trends and regulatory frameworks in the Accounts Receivable Automation Market?
    4. What is the market share of the leading vendors in the Accounts Receivable Automation Market?
    5. Which modes and strategic moves are suitable for entering the Accounts Receivable Automation Market?


    Note: PDF & Excel + Online Access - 1 Year

    • Table of Contents

    183 Pages
    1. Preface
    1.1. Objectives of the Study
    1.2. Market Segmentation & Coverage
    1.3. Years Considered for the Study
    1.4. Currency & Pricing
    1.5. Language
    1.6. Limitations
    1.7. Assumptions
    1.8. Stakeholders
    2. Research Methodology
    2.1. Define: Research Objective
    2.2. Determine: Research Design
    2.3. Prepare: Research Instrument
    2.4. Collect: Data Source
    2.5. Analyze: Data Interpretation
    2.6. Formulate: Data Verification
    2.7. Publish: Research Report
    2.8. Repeat: Report Update
    3. Executive Summary
    4. Market Overview
    4.1. Introduction
    4.2. Accounts Receivable Automation Market, by Region
    5. Market Insights
    5.1. Market Dynamics
    5.1.1. Drivers
    5.1.1.1. Increasing concentration on enhancing cash flow and decreasing day sales outstanding
    5.1.1.2. Decreased accounting cycle time
    5.1.1.3. Proliferating demand from small and medium enterprises
    5.1.2. Restraints
    5.1.2.1. Concerns pertinent to network connectivity and hesitancy of enterprises to automate their accounts
    5.1.3. Opportunities
    5.1.3.1. Integration of artificial intelligence powered accounts in automation
    5.1.3.2. Demand for value-based pricing and increasing momentum for SaaS solutions
    5.1.4. Challenges
    5.1.4.1. Probable risks of security and privacy
    5.1.4.2. Complicated invoicing and payment procedures
    5.2. Market Segmentation Analysis
    5.3. Market Trend Analysis
    5.4. Cumulative Impact of High Inflation
    5.5. Porter’s Five Forces Analysis
    5.5.1. Threat of New Entrants
    5.5.2. Threat of Substitutes
    5.5.3. Bargaining Power of Customers
    5.5.4. Bargaining Power of Suppliers
    5.5.5. Industry Rivalry
    5.6. Value Chain & Critical Path Analysis
    5.7. Regulatory Framework
    6. Accounts Receivable Automation Market, by Component
    6.1. Introduction
    6.2. Services
    6.3.1. Managed Services
    6.3.2. Professional Services
    6.3. Solution
    6.4.1. Bill Presentment & Payment
    6.4.2. Cash Application Automation
    6.4.3. Collections Management
    6.4.4. Credit Evaluation & Management
    6.4.5. Deductions Management
    6.4.6. Dispute Management
    6.4.7. Receivables Analytics
    7. Accounts Receivable Automation Market, by Deployment
    7.1. Introduction
    7.2. Cloud
    7.3. On-Premises
    8. Accounts Receivable Automation Market, by Organization Size
    8.1. Introduction
    8.2. Large Enterprises
    8.3. SMEs
    9. Accounts Receivable Automation Market, by Industry
    9.1. Introduction
    9.2. BFSI
    9.3. Consumer Goods & Retail
    9.4. Energy & Utilities
    9.5. Healthcare
    9.6. IT & Telecom
    9.7. Manufacturing
    10. Americas Accounts Receivable Automation Market
    10.1. Introduction
    10.2. Argentina
    10.3. Brazil
    10.4. Canada
    10.5. Mexico
    10.6. United States
    11. Asia-Pacific Accounts Receivable Automation Market
    11.1. Introduction
    11.2. Australia
    11.3. China
    11.4. India
    11.5. Indonesia
    11.6. Japan
    11.7. Malaysia
    11.8. Philippines
    11.9. Singapore
    11.10. South Korea
    11.11. Taiwan
    11.12. Thailand
    11.13. Vietnam
    12. Europe, Middle East & Africa Accounts Receivable Automation Market
    12.1. Introduction
    12.2. Denmark
    12.3. Egypt
    12.4. Finland
    12.5. France
    12.6. Germany
    12.7. Israel
    12.8. Italy
    12.9. Netherlands
    12.10. Nigeria
    12.11. Norway
    12.12. Poland
    12.13. Qatar
    12.14. Russia
    12.15. Saudi Arabia
    12.16. South Africa
    12.17. Spain
    12.18. Sweden
    12.19. Switzerland
    12.20. Turkey
    12.21. United Arab Emirates
    12.22. United Kingdom
    13. Competitive Landscape
    13.1. FPNV Positioning Matrix
    13.2. Market Share Analysis, By Key Player
    13.3. Competitive Scenario Analysis, By Key Player
    14. Competitive Portfolio
    14.1. Key Company Profiles
    14.1.1. API Outsourcing Inc.
    14.1.2. Bottomline Technologies Inc.
    14.1.3. Chargebee Inc.
    14.1.4. Comarch SA
    14.1.5. Corcentric LLC
    14.1.6. Esker S.A.
    14.1.7. HighRadius Corporation
    14.1.8. Invoiced, Inc.
    14.1.9. Kofax Inc.
    14.1.10. Medius Sverige AB
    14.1.11. MYOB Technology Pty Ltd
    14.1.12. Office Torque
    14.1.13. Oracle Corporation
    14.1.14. Rimilia Holdings Ltd
    14.1.15. Sage Group PLC
    14.1.16. SAP SE
    14.1.17. Swiss Post Solutions Inc
    14.1.18. VersaPay Corporation
    14.1.19. Workday, Inc.
    14.1.20. Yaypay Inc.
    14.1.21. Zoho Corporation Pvt. Ltd.
    14.2. Key Product Portfolio
    15. Appendix
    15.1. Discussion Guide
    15.2. License & Pricing
    FIGURE 1. ACCOUNTS RECEIVABLE AUTOMATION MARKET RESEARCH PROCESS
    FIGURE 2. ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, 2023 VS 2030
    FIGURE 3. ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, 2018-2030 (USD MILLION)
    FIGURE 4. ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY REGION, 2023 VS 2030 (%)
    FIGURE 5. ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 6. ACCOUNTS RECEIVABLE AUTOMATION MARKET DYNAMICS
    FIGURE 7. ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
    FIGURE 8. ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 9. ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY DEPLOYMENT, 2023 VS 2030 (%)
    FIGURE 10. ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY DEPLOYMENT, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 11. ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2030 (%)
    FIGURE 12. ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 13. ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY INDUSTRY, 2023 VS 2030 (%)
    FIGURE 14. ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY INDUSTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 15. AMERICAS ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 16. AMERICAS ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 17. UNITED STATES ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY STATE, 2023 VS 2030 (%)
    FIGURE 18. UNITED STATES ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 19. ASIA-PACIFIC ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 20. ASIA-PACIFIC ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 21. EUROPE, MIDDLE EAST & AFRICA ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 22. EUROPE, MIDDLE EAST & AFRICA ACCOUNTS RECEIVABLE AUTOMATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 23. ACCOUNTS RECEIVABLE AUTOMATION MARKET, FPNV POSITIONING MATRIX, 2023
    FIGURE 24. ACCOUNTS RECEIVABLE AUTOMATION MARKET SHARE, BY KEY PLAYER, 2023

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