AR (Accounts Receivable) Automation Software Market
AR (Accounts Receivable) Automation
Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031 Request Sample Report
AR (Accounts Receivable) Automation Software Market Size and Growth
The Accounts Receivable Automation Software market is experiencing robust growth due to increasing demand for efficiency in financial processes. The market size is projected to reach approximately $3.2 billion by 2028, driven by advancements in technology and the need for streamlined cash flow management, particularly among SMEs adopting digital solutions.
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Companies Covered
(Covid 19 Impact Covered)
◍ Sage Intacct
◍ Invoiced
◍ YayPay
◍ Bill.com
◍ Armatic
◍ Anytime Collect
◍ Workday
◍ Oracle
◍ Tesorio
◍ Artiva Agency
The AR Automation Software Market features companies like Sage Intacct, Bill.com, and Oracle, enhancing efficiency and reducing DSO. Their solutions streamline invoicing and collections, fostering cash flow improvement. Notable revenue figures include:
- Bill.com: $104 million (2022)
- Oracle: $42 billion (2023)
- Sage Intacct: $1 billion (2023)
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Market Segmentation
By Application
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By Product
Market Growth
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$ X Billion USD
