Asia-Pacific Account Payable Automation Market: Analysis Report, Share, Trends and Overview 2021-2027
The Asia-Pacific account payable
automation market is anticipated to grow at a CAGR of 9.2% during the forecast
period (2021-2027). The factors driving the growth of the Asia-Pacific account
payable automation market include business processes involved in decreasing
manual error along with eliminating paper process through adopting a payable
process that is automated and significant presence of several key players of
accounts payable Automation market. These players are making a considerable
contribution to the high market share of the region by adopting several growth
strategies such as new initiatives, mergers & acquisitions, partnerships,
and collaboration among others.
A full report of Asia-Pacific Account Payable
Automation Market is available at: https://www.omrglobal.com/industry-reports/asia-pacific-account-payable-automation-market
For instance, in October 2020, one of
the global AI-based process automation solution provider companies named Esker
had introduced its solution for cash application that will support increasing
the effectiveness and efficiency along with automation of cash application
process to match the open invoices for receiving the payments. Through this
automation, it supports the process to enhance the speed along with accuracy.
Additionally, End-to-end cash application automation provides a full solution
to automate the cash allocation process step by step. It also matches that the
payment is allocated automatically to its customer and invoices along with
monitoring it.
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Market
Coverage
·
The market number available for – 2020-2027
·
Base year- 2020
·
Forecast period- 2021-2027
·
Segment Covered-
o
By Organization Size
o
By Deployment Type
o
By Vertical
·
Competitive Landscape- Bottomline Technologies,
Inc., Coupa Software Inc., Esker, Lexmark International, Inc., SAP Ariba
Key
questions addressed by the report
·
What is the market growth rate?
·
Which segment and region dominate the market in
the base year?
·
Which segment and region will project the
fastest growth in the market?
·
How COVID-19 impacted the market?
o
Deviation from the pre-COVID-19 forecast
o
Most affected region and segment
·
Who is the leader in the market?
·
How are players addressing challenges to sustain
growth?
·
Where is the investment opportunity?
Asia-Pacific
Account Payable Automation Market
By
Organization Size
·
Large Enterprises
·
Small and Medium-Sized Enterprises (SMEs)
By
Deployment Type
·
On-Premises
·
Cloud
By
Vertical
·
Banking, Financial Services, and Insurance
(BFSI)
·
Consumer Goods and Retail
·
Information Technology (IT) and Telecom
·
Healthcare
·
Other
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customization @ https://www.omrglobal.com/report-customization/asia-pacific-account-payable-automation-market
Asia-Pacific
Account Payable Automation Market Report Segment by Region
·
China
·
India
·
Japan
·
South Korea
·
Rest of Asia-Pacific
Company Profiles
·
AvidXchange, Inc.
·
Bill.com, LLC
·
Bottomline
Technologies, Inc.
·
Comarch SA.
·
Coupa Software Inc.
·
Esker
·
FinancialForce
·
FreshBooks USA,
Inc.
·
Lexmark
International, Inc.
·
Medius Sverige AB
·
MHC Automation, LLC
·
MineralTree, Inc.
·
Procurify
Technologies, Inc.
·
Quadient (Neopost
SA)
·
SAP Ariba
·
Tipalti, Inc.
·
Zycus, Inc.
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