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Accounts Receivable Automation Market Size to Grow by USD 1.13 billion, Bottomline Technologies Inc. and BlackLine Inc. Emerge as Key Vendors - Technavio
[August 04, 2022]

Accounts Receivable Automation Market Size to Grow by USD 1.13 billion, Bottomline Technologies Inc. and BlackLine Inc. Emerge as Key Vendors - Technavio


NEW YORK, Aug. 4, 2022 /PRNewswire/ -- The accounts receivable automation market is fragmented. Vendors are deploying growth strategies such as advances in technology and M&A activities to compete in the market.

The latest report on the accounts receivable automation market estimates that the market size will grow by USD 1.13 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 10.27% during the forecast period.

Get a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format

Accounts Receivable Automation Market 2022-2026: Scope

The accounts receivable automation market report covers the following areas:

Accounts Receivable Automation Market 2022-2026: Vendor Analysis

Ash Conversions International, BlackLine Inc., BlueSnap Inc., Bottomline Technologies Inc., Comarch SA, Corcentric Inc., Esker SA, HighRadius Corp., Kofax Inc., Mynd Integrated Solutions, Oracle Corp., PAGERO AB, Quadient Sro, Qvalia Group AB, Sage Group Plc, SAP SE, SK Global Software LLC, TechNVision Ventures Ltd., Workday Inc., and Zoho Corp. Pvt. Ltd. are among some of the major market participants. The key offerings of a few of these companies are listed below:

  • BlackLine Inc. - The company offers an account receivable automation solution, namely SAP S 4HANA.
  • Bottomline Technologies Inc. - The company offers an account receivable automation solution, namely Paymode X.
  • Comarch SA - The company offers an account receivable automation solution, namely Comarch eInvoicing.
  • HighRadius Corp. - The company offers an account receivable automation solution, namely Accounts Receivable Management software.
  • Oracle Corp. - The company offers an account receivable automation solution, namely PeopleSoft Enterprise Receivables.

This report provides a full list of key vendors, their strategies, and the latest developments. Request a PDF Sample Now

Accounts Receivable Automation Market 2022-2026: Segmentation
  • Component
    • Solution: This segment will contribute the highest market share growth during the forecast period. AR automation systems easily process large amounts of customer invoices. This can significantly reduce the effort and time spent by accountants in collecting payments. Thus, the increasing need to process a large number of consumer invoices will drive the growth of the solution segment.
    • Services
  • Geography
    • Europe: This region will account for 34% of the market's growth during the forecast period. Moreover, market growth in this region will be faster than the growth of the market in other regions. The UK and Germany are the key countries for the accounts receivable automation market in Europe.
    • North America
    • APAC
    • Middle East And Africa
    • South America
Accounts Receivable Automation Market 2022-2026: Key Highlights
  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist accounts receivable automation market growth during the next five years
  • Estimation of the accounts receivable automation market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the accounts receivable automation market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of accounts receivable automation market vendors
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Accounts Receivable Automation Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 10.27%

Market growth 2022-2026

USD 1.13 billion

Market structure

Fragmented

YoY growth (%)

9.45

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

Europe at 34%

Key consumer countries

US, China, India, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Ash Conversions International, BlackLine Inc., BlueSnap Inc., Bottomline Technologies Inc., Comarch SA, Corcentric Inc., Esker SA, HighRadius Corp., Kofax Inc., Mynd Integrated Solutions, Oracle Corp., PAGERO AB, Quadient Sro, Qvalia Group AB, Sage Group Plc, SAP SE, SK Global Software LLC, TechNVision Ventures Ltd., Workday Inc., and Zoho Corp. Pvt. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


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Table of Contents:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Component

  • 5.1 Market segments
    • Exhibit 24: Chart on Component - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Component - Market share 2021-2026 (%)
  • 5.2 Comparison by Component
    • Exhibit 26: Chart on Comparison by Component
    • Exhibit 27: Data Table on Comparison by Component
  • 5.3 Solution - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Solution - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Solution - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Solution - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Solution - Year-over-year growth 2021-2026 (%)
  • 5.4 Services - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Services - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Services - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Services - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Services - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Component
    • Exhibit 36: Market opportunity by Component ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 APAC - Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.7 South America - Market size and forecast 2021-2026
    • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 UK - Market size and forecast 2021-2026
    • Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.11 Germany - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.12 India - Market size and forecast 2021-2026
    • Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 BlackLine Inc.
    • Exhibit 89: BlackLine Inc. - Overview
    • Exhibit 90: BlackLine Inc. - Product / Service
    • Exhibit 91: BlackLine Inc. - Key offerings
  • 10.4 Bottomline Technologies Inc.
    • Exhibit 92: Bottomline Technologies Inc. - Overview
    • Exhibit 93: Bottomline Technologies Inc. - Product / Service
    • Exhibit 94: Bottomline Technologies Inc. - Key offerings
  • 10.5 Comarch SA
    • Exhibit 95: Comarch SA - Overview
    • Exhibit 96: Comarch SA - Key offerings
  • 10.6 HighRadius Corp.
    • Exhibit 97: HighRadius Corp. - Overview
    • Exhibit 98: HighRadius Corp. - Product / Service
    • Exhibit 99: HighRadius Corp. - Key offerings
  • 10.7 Oracle Corp.
    • Exhibit 100: Oracle Corp. - Overview
    • Exhibit 101: Oracle Corp. - Business segments
    • Exhibit 102: Oracle Corp. - Key news
    • Exhibit 103: Oracle Corp. - Key offerings
    • Exhibit 104: Oracle Corp. - Segment focus
  • 10.8 Sage Group Plc
    • Exhibit 105: Sage Group Plc - Overview
    • Exhibit 106: Sage Group Plc - Business segments
    • Exhibit 107: Sage Group Plc - Key news
    • Exhibit 108: Sage Group Plc - Key offerings
    • Exhibit 109: Sage Group Plc - Segment focus
  • 10.9 SAP SE
    • Exhibit 110: SAP SE - Overview
    • Exhibit 111: SAP SE - Business segments
    • Exhibit 112: SAP SE - Key news
    • Exhibit 113: SAP SE - Key offerings
    • Exhibit 114: SAP SE - Segment focus
  • 10.10 SK Global Software LLC
    • Exhibit 115: SK Global Software LLC - Overview
    • Exhibit 116: SK Global Software LLC - Product / Service
    • Exhibit 117: SK Global Software LLC - Key offerings
  • 10.11 Workday Inc.
    • Exhibit 118: Workday Inc. - Overview
    • Exhibit 119: Workday Inc. - Product / Service
    • Exhibit 120: Workday Inc. - Key offerings
  • 10.12 Zoho Corp. Pvt. Ltd.
    • Exhibit 121: Zoho Corp. Pvt. Ltd. - Overview
    • Exhibit 122: Zoho Corp. Pvt. Ltd. - Product / Service
    • Exhibit 123: Zoho Corp. Pvt. Ltd. - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 124: Inclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 125: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 126: Research methodology
    • Exhibit 127: Validation techniques employed for market sizing
    • Exhibit 128: Information sources
  • 11.5 List of abbreviations
    • Exhibit 129: List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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