Global Accounts Receivable Automation Market: Emerging Trends, Major Key Players oracle corporation, SAP SE, Workday, and bottom line technologies.

According to the report, The global Accounts Receivable Automation market size is expected to grow from $XX Million in 2020 to $XX Million by 2028 growing at the CAGR of more than 14% from 2021 to 2028. The main driving factor for this market is the increase of companies requesting to automate their accounts payable and accounts receivable processes. Small and large companies alike are facing numerous obstacles with managing their accounts payable and accounts receivable processes, factors such as online payments from online sellers, a limited number of experienced finance professionals available to hire on, and an overall lack of finances pose as significant barriers for growth.

 

 

 

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global ACCOUNTS RECEIVABLE AUTOMATION industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

 

Impact of COVID-19

 

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.

In terms of COVID 19 impact, the Accounts Receivable Automation market report also includes the following data points:

  • Impact of COVID-19
  • Government Aids and Policies for Industry Revival
  • Companies Recent Developments to Tackle Negative Impact
  • Opportunity Window & Post COVID Trend

 

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Key Players

Some of the major Accounts Receivable Automation players holding highest market share include oracle corporation, SAP SE, Workday, and bottom line technologies. These players use new product development as a key strategy to gain significant market share to compete with market leaders.

 

The key players profiled in the report are:

  • Oracle Corporation
  • SAP SE
  • Workday, Inc
  • Bottomline Technologies Inc
  • Comarch SA
  • Esker
  • Kofax Inc
  • Zoho Corporation Pvt. Ltd
  • HighRadius
  • FinancialForce

 

Segmental Analysis

 

Market Segment By Component with focus on market share, consumption trend, and growth rate of ACCOUNTS RECEIVABLE AUTOMATION Market:

  • Solution
  • Services

 

Market Segment By Organization Size with focus on market share, consumption trend, and growth rate of ACCOUNTS RECEIVABLE AUTOMATION Market:

  • large enterprises
  • small and medium-sized enterprises

 

Market Segment By vertical with a focus on market share, consumption trend, and growth rate of ACCOUNTS RECEIVABLE AUTOMATION Market:

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

 

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Global Accounts Receivable Automation Geographic Coverage:

  • North America
    • US
    • Canada

 

  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe

 

  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Rest of Asia Pacific

 

 

  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • Rest of Latin America

 

  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of MEA

 

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.

 

Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.

 

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Evolve Business Intelligence
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