Accounts Receivable Automation Market
Data Bridge Market research released a new market study on Accounts Receivable Automation Market with 100+ market data Tables, Pie Chart, Graphs & Figures spread through Pages and easy to understand detailed analysis In Accounts Receivable Automation Market research report also directs the manufacturer about planning of advertising and sales promotion efforts and makes it more effective. The report consists of all the detailed profiles for the Accounts Receivable Automation Market major manufacturers and importers who are influencing the market. Accounts Receivable Automation Market survey provides key information about the industry such as helpful and important facts and figures, expert opinions, and the latest developments across the globe. This market study includes drivers and restraints for the market along with the impact they have on the demand over the forecast period derived with the help of SWOT analysis.
Global accounts receivable automation market is expected register a healthy CAGR of 12.6% in the forecast period of 2019-2026.
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Market Definition: Global Accounts Receivable Automation Market
Accounts receivable automation can be defined as the automation machine which eliminates human intervention in managing the balance sheet. It automates the cash receivable procedures of organizations. The major advantages of these solution is that it help capturing an AR invoice from the ERP/Core account application; also allow the printing of physical invoices for clients who not ready to accept invoices by email. It also speeds up the workflow, saves time by effortlessly sharing the data through the cloud
Key vendors operating in the market:
Few of the major competitors currently working in global accounts receivable automation market are Oracle, Sap SE, Workday, Inc., Bottomline Technologies (de), Inc., Comarch SA , HighRadius, FinancialForce, Esker, Emagia Corporation, YayPay Inc., VersaPay Corporation, KOFAX,Inc., Office Torque, Swiss Post Solutions Inc., API Outsourcing Inc, Anytime Collect, numberz, OnPay Solutions, Qvalia AB, MYOB Technology Pty Ltd. among others.
Focal points covered in this Accounts Receivable Automation Market report
- This Accounts Receivable Automation Market report provides pin point analysis of the market outlook and later establishes its comparison with current patterns. Also it creates a relationship of the market outlook with Porter Five Force Analysis
- This research report is inclusive concept of the market progression. The market progression considers the components of the present situation and compares the current scenario of the market with future developmental chances.
- The Accounts Receivable Automation Market research report includes investigation at global and regional levels. These comprehensive and local level investigations are inclusive of the request as well as the supply powers which in turn willingly or unwillingly affects the market development
- Various Topics such as product offering, finance related data, recent developments, analysis of Strengths, weakness, Opportunities and Threats in the upcoming scenario are highlighted in this research report.
Segmentation: Global Accounts Receivable Automation Market
Global Accounts Receivable Automation Market By Component (Solution, Services)
Organization Size (Small and Medium Enterprises, Large Enterprises)
Deployment Type (On-Premises, Cloud)
Industry (BFSI, IT & Telecom, Manufacturing, Consumer Goods & Retail, Healthcare, Energy & Utilities, Others)
Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)
Global accounts receivable automation market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of accounts receivable automation market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Recent Developments in the Market
- In August 2018, VersaPay Corporation had launched accounts receivable automation mobile app. With this mobile app businesses will be able to streamline their customer invoice payment solutions with a self-service portal. This solution will further help the business to gain customer response at high rate
- In December 2016, YayPay had launched enterprise-level accounts receivable automation software, named as YayPay 2.0. This launch will enhance the cash flow for businesses by equipping the customers with the right automated tools. This new software will provide businesses with powerful tools including automated workflows, an intelligent CRM, and predictive cash flow analytics
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