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Market Overview:
Accounts Receivable Automation solution augments service proficiency and delivers better
customer experience. It offers benefits such as Digital onboarding including real-time credit
testing, Omni-channel invoicing and consumer portal, and real-time collections information
with improved efficiency, incorporated reporting and risk study, Variety of delivery
selections with the fully outsourced facility.
One of the common and broadly used key performance pointers used in the accounts
receivable industry is DSO (day’s sales outstanding). These metric assistances corporations
to choose if they are gathering the right amount in contrast to what they’re vending.
Automated accounts receivable software offers superior performance than the manual
method. Once the invoices are generated in the ERP system, an automated electronic mail
with invoice statistics is automatically sent to the consumers with reminders of payments.
These automated activities help organizations to save time and cost, human resources, and
also provide accurate data in less time frame.
Competitive Landscape
Oracle
SAP
Sage
Bottomline Technologies
Workday
Comarch
Esker
Kofax
YayPay
HighRadius
FinancialForce
Other Prominent Players
.
Among component, the Solution segment is dominating the market and expected
to occupy the highest market share during the forecast period
Solution component is the leading market segment on accounts of its features providing
end-to-end visibility and insight to support decision making. It enables customers to bring
on-board proficiently, confirming that they permit the correct credit checks. Collections are
faster, and Days Sales Outstanding (DSO) is reduced, delivering Weighted Average Cost of
Capital funds and decreasing resourcing levels on short value manual tasks.
Large enterprises
Small and Medium-sized Enterprises (SMEs)
By Industry:
BFSI
Manufacturing
Consumer goods and retail
Others
By Region:
North America
Europe
Asia-Pacific
Middle East and Africa
Latin America
How will the market drivers, restraints and opportunities affect the market dynamics?
What will be the market size in terms of value and volume and market statistics with
a detailed classification?
Which segment dominates the market or region and one will be the fastest growing
and why?
A comprehensive survey of the competitive landscape and the market participant
players
Analysis of strategy adopted by the key player and their impact on other players.
Customization Scope for the Client
Client satisfaction is our first and last priority and that’s why BlueWeave Consulting offers
customization according to Company’s specific needs. The following customization options are
available for the report:
Additional Company Information
With five additional company detail analysis
Additional country analysis
Detailed segment analysis
BlueWeave Consulting provides a full scope of business intelligence solution for solving your
.
toughest challenges. BWC is an emerging global expert & pioneer in the market research and
provision of exclusive market INTEL. We optimize your decision making by equipping your
industry with an accurate & better market research according to your industry demands
through our professionally designed qualitative & quantitative research methods. Our trendy
& efficient sample collection methods, integrated data solutions as well as methodologies
certainly make us a better partner that you can rely on. With collective experience in the
varied fields of retail, market research and reporting, we provide the business insight and
business practices that would give the required impetus for your company’s growth.
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