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Worldwide Financial Applications Market Shares, 2021: Addressing the Challenges of the Digital-First World CFO

Publisher IDC
Published Jun 28, 2022
Length 19 Pages
SKU # IDC17287468

Description

Worldwide Financial Applications Market Shares, 2021: Addressing the Challenges of the Digital-First World CFO

This IDC study examines the market for financial applications, which is expected to see solid growth, in part because of the sharper focus on financial applications — a prominent side effect from the COVID-19 pandemic for many businesses. In many ways, the crisis has accelerated the adoption of cloud financial applications relative to on-premises and private cloud deployments."The office of the CFO has been engaging in digital transformation relatively slowly compared with front-office areas like customer relationship management and sales management. The rise of robust cloud solutions and the advent of intelligence financial applications have tipped the scales. Businesses are rapidly seeking and deploying modern, cloud-based applications to support the office of the CFO," says Kevin Permenter, research director, Financial Applications at IDC.

Please Note: Extended description available upon request.

Table of Contents

19 Pages
IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
Market Share
Who Shaped the Year
Market Movers
Intuit
Microsoft
Workday
Xero
Mergers and Acquisitions
Market Context
Significant Market Developments
Methodology
Market Definition
Financial Applications
Financial and Accounting
Accounts Payable
Accounts Receivable
Treasury and Risk Management
Travel and Expense Management
Corporate Tax Management
Related Research
How Do Licenses Work?
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