Accounts Receivable Automation Market: was valued at US$ 2.5 Bn. in 2021 and is expected to grow at US$ 7.8 Bn. in 2029. Global Accounts Receivable Automation Market size is expected to grow at a CAGR of 17.65 % through the forecast period.

Accounts Receivable Automation Market Overview:

The Accounts Receivable Automation market competitive landscape separates information by a competitor. The facts include a corporate overview, financials, revenue generated, market potential, investment in research and development, new market efforts, geographical presence, firm strengths and weaknesses, product introduction, and application dominance. The preceding data points are solely relevant to the businesses' competitive impact on the Accounts Receivable Automation market.

Market Scope:

This Accounts Receivable Automation market report discusses new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, opportunities in terms of emerging revenue streams, changes in market regulations, strategic market growth analysis, market size, categorical market growth, application niches, and dominance, product approvals, product launches, and geographic expansion.

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Segmentation:

The healthcare industry held the biggest market share in 2021 according to deployment. In order to provide patients with better services, the healthcare business is introducing and integrating new technology. Businesses in this sector need effective payment acceptance systems to improve customer satisfaction and optimize operations. Healthcare providers are utilizing accounts receivable automation systems more and more as they help to streamline the billing process.

The BFSI sector is anticipated to develop at the second-fastest rate throughout the projection period. The BFSI industry is a pioneer in implementing new technology. Financial institutions can increase the amount of money they collect in cash from consumers thanks to the accounts receivable automation system. The automated accounts receivable system increases staff productivity and reduces the amount of time needed for staff to input, check for accuracy, and verify invoices.

 

 

 

1. Global Accounts Receivable Automation Market, By Component (2021-2029)
Services
Solution

2. Global Accounts Receivable Automation Market, By Organization Size (2021-2029)
Large enterprises
Small and Medium-sized Enterprises (SMEs)

3. Global Accounts Receivable Automation Market, By Vertical (2021-2029)
Consumer goods and retail
BFSI
Manufacturing
IT and Telecom
Healthcare
Energy and Utilities
Others

4. Global Accounts Receivable Automation Market, By Deployment (2021-2029)
Cloud
On-premises

 

Key Players: The key players are

• Sage
• SAP
• Oracle
• Workday
• Bottomline Technologies
• Comarch
• Esker
• Kofax
• Zoho
• HighRadius
• FinancialForce
• Emagia
• VersaPay
• Rimilia
• Invoiced
• YayPay
• Netsend
• Vanguard systems
• IBM Corporation
• Microsoft Corp
• BlackLine

Regional Analysis:

The geographical section of the research also includes individual market influencing variables and changes in market regulations that affect current and future market trends. Data points such as downstream and upstream value chain analysis, technological trends, porter's five forces analysis, and case studies are only a few of the indicators used to forecast the market situation for various countries' growth.

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COVID-19 Impact Analysis on Accounts Receivable Automation Market:

The report also discusses how COVID-19 impacted the Accounts Receivable Automation market.

Key Questions Answered in the Accounts Receivable Automation Market Report are:

  • Which segment had the largest share in the Accounts Receivable Automation market?
  • How is the competitive landscape of the Accounts Receivable Automation market?
  • Which are the key factors impacting the Accounts Receivable Automation market growth?
  • Which region has the maximum share in the Accounts Receivable Automation market?
  • What will be the CAGR of the Accounts Receivable Automation market during the forecast period (2021-2027)?

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