Accounts Receivable Automation Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28

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Global Accounts Receivable Automation Market
Research and Forecast Report 2023-2028

• Format PDFEXCEL

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Report Highlight and Description

• According to the latest report by IMARC Group,
  titled "Accounts Receivable Automation Market
  Global Industry Trends, Share, Size, Growth,
  Opportunity and Forecast 2023-2028," the global
  accounts receivable automation market size
  reached US 2.3 Billion in 2022.
• Accounts receivable automation refers to a
  technological solution that automates and
  streamlines the processes related to managing
  accounts receivable in an organization. It
  leverages software applications and tools to
  minimize manual effort, enhance efficiency, and
  improve the overall effectiveness of the accounts
  receivable function. With automation,
  organizations can generate invoices automatically
  based on predefined templates and rules, thereby
  reducing the time and effort required for manual
  invoice creation. The automation software also
  enables seamless delivery of invoices to
  customers through various electronic channels,
  such as email or online portals. Additionally, it
  provides multiple payment options, including
  credit cards and electronic funds transfer, thus
  simplifying the payment collection process and
  improving cash flow. Automation tools send
  automated reminders and notifications to
  customers regarding upcoming or overdue payments,
  thereby ensuring timely payment and reducing the
  occurrence of late payments. Accounts receivable
  automation offers real-time visibility into the
  accounts receivable process through reporting and
  analytics features, allowing organizations to
  track outstanding invoices, monitor payment
  trends, and measure collection performance. By
  integrating with existing financial systems, such
  as ERP or accounting software, automation
  software ensures smooth data flow and eliminates
  the need for manual data entry and
  reconciliation.
• Request for a PDF sample of this report
  https//www.imarcgroup.com/accounts-receivable-aut
  omation-market/requestsample

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Report Description

• Global Accounts Receivable Automation Market
  Trends
• The rising focus on operational efficiency
  represents a significant factor driving the
  growth of the market across the globe. This,
  coupled with the increasing need in organizations
  to streamline their financial processes is acting
  as a major growth-inducing factor. In line with
  this, accounts receivable automation eliminates
  manual and time-consuming tasks, such as data
  entry, invoice processing, and payment
  reconciliation, thus leading to faster and more
  accurate financial operations, which, in turn, is
  driving the market growth. The market is also
  being driven by the increasing demand for
  maintaining a healthy cash flow. In addition to
  this, automation enables organizations to
  accelerate the collection process by sending
  timely and personalized payment reminders,
  automating payment reconciliation, and providing
  real-time visibility into outstanding invoices.
  This further helps organizations optimize their
  cash flow and minimize the risk of late or unpaid
  invoices, thus boosting the growth of the market.
  Apart from this, automation of accounts
  receivable processes significantly reduces the
  need for manual labor, reducing costs associated
  with staffing and manual errors, which is
  contributing to the growth of the market. Other
  factors, including faster payments, enhanced
  customer satisfaction and data security,
  strengthened customer relationships, reduced risk
  of errors, and improved data accuracy, are
  creating a positive outlook for the market across
  the globe.
• Looking forward, the market value is projected to
  reach US 4.5 Billion by 2028, expanding at a
  CAGR of 11.6 during 2023-2028.
• View Report TOC, Figures and Tables
  https//www.imarcgroup.com/accounts-receivable-aut
  omation-market

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Report Segmentation

• Component Insights
• Solution
• Services
•  
• Deployment Insights
• On-premises
• Cloud-based
• Organization Size Insights
• Large Enterprises
• Small and Medium-sized Enterprises
• Vertical Insights
• Consumer Goods and Retail
• BFSI

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Report Segmentation

• Manufacturing
• IT and Telecom
• Healthcare
• Energy and Utilities
• Others
• Regional Insights
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

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Competitive Landscape with Key Players

• BlackLine Inc.
• Bottomline Technologies Inc.
• Comarch SA
• Esker SA
• HighRadius Corporation
• Invoiced Inc.
• Oracle Corporation
• Sage Group plc
• SAP SE
• ScienceSoft USA Corporation
• VersaPay Corporation
• Yaypay Inc. (Quadient)
• Zoho Corporation Private Ltd.

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Key Questions Answered in the Report
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Table of Contents

• 1    Preface2    Scope and Methodology    2.1  
   Objectives of the Study    2.2  
   Stakeholders    2.3    Data Sources       
  2.3.1    Primary Sources        2.3.2  
   Secondary Sources    2.4    Market Estimation 
        2.4.1    Bottom-Up Approach        2.4.2  
   Top-Down Approach    2.5    Forecasting
  Methodology3    Executive Summary4  
   Introduction    4.1    Overview    4.2    Key
  Industry Trends5    Global Accounts Receivable
  Automation Market    5.1    Market Overview   
  5.2    Market Performance    5.3    Impact of
  COVID-19  5.4    Market Forecast
• 6     Market Breakup by Component
•   6.1    Solution    6.1.1 Market Trends 
       6.1.2 Market Forecast    6.2 Services 
    6.2.1  Market Trends       6.2.2 Market
  Forecast7     Market Breakup by Deployment
•     7.1 On-premises    7.1.1 Market
  Trends       7.1.2 Market Forecast
•        

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Table of Contents

• 7.2 Cloud-based
• 7.2.1 Market Trends
• 7.2.2 Market Forecast
• 8  Market Breakup by Organization Size
• 8.1 Large Enterprises
• 8.1.1 Market Trends
• 8.1.2 Market Forecast
• 8.2 Small and Medium-sized Enterprises
• 8.2.1 Market Trends
• 8.2.2 Market Forecast
• 9  Market Breakup by Vertical
• 9.1 Consumer Goods and Retail
• 9.1.1 Market Trends
• 9.1.2 Market Forecast
• 9.2 BFSI
• 9.2.1 Market Trends
• 9.2.2 Market Forecast
• 9.3 Manufacturing
• 9.3.1 Market Trends

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