Global Accounts Receivable Automation Market to Reach $3 Billion by 2024 - Growing Traction for SaaS Solutions & Shift Toward Value-based Pricing Presents Opportunities - ResearchAndMarkets.com
Summary
DUBLIN--(BUSINESS WIRE)--The "Accounts Receivable Automation Market by Component (Solution and Services), Organization Size, Deployment Type, Industry (BFSI, IT & Telecom, Manufacturing, Consumer Goods & Retail, Healthcare, Energy & Utilities), and Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.coms offering. The solution segment expected to hold a higher market share during the forecast period Accounts receivable automation solutions are widely adopted by various end users, such as financial institutions, retail, manufacturing, healthcare providers, government agencies, and telecom and utilities to automate and improve their cash collection efficiency. Moreover, it can be easily integrated with the Enterprise Resource Planning (ERP), thereby providing enhanced ability to adopt changes and increase the efficiency of payment processes. Cloud-based accounts receivable automation solutions are significantly gaining traction due to their unprecedented deployment flexibility benefits and global availability. The accounts receivable automation market in North America is competitive due to the presence of a large number of solution providers.