European Account Payable Automation Market Report 2021: By Key Players, Size, Share and Forecast 2021-2027
The European account payable automation
market is anticipated to grow at a CAGR of 8.9% during the forecast period (2021-2027).
The factors driving the growth of the European Account Payable Automation
market include the shift of invoicing systems towards electronic invoicing and
the significant presence of several key players in the account 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 European Account Payable
Automation Market is available at: https://www.omrglobal.com/industry-reports/europe-account-payable-automation-market
For instance, in April 2021, Yooz one of
the companies operating for cloud-based purchase-to-pay (P2P) automation
software had set forth the launch of its new and improved solutions for
accounts payable (AP) automation named Yooz Rising. Through the user can
conveniently perform various functions to process the invoicing and enabling
the departments for accounting along with finance to automate the system
related to the invoice. Additionally, it also provides customization to improve
productivity along with transparency that leads to identifying any sort of
document present with better processing time and security. This system also
enables flexibility and scalability as well that supports the companies to do
proper communication for business growth and development.
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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., Sage Group Plc, SAP Ariba, Oracle
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?
European
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
For more customized data, request for report
customization @ https://www.omrglobal.com/report-customization/europe-account-payable-automation-market
European
Account Payable Automation Market Report Segment by Region
·
UK
·
Germany
·
Spain
·
Italy
·
France
·
Rest of Europe
Company Profiles
·
AvidXchange, Inc.
·
Bill.com, LLC
·
Bottomline
Technologies, Inc.
·
Comarch SA.
·
Coupa Software Inc.
·
FinancialForce
·
FreshBooks USA,
Inc.
·
Lexmark
International, Inc.
·
Medius Sverige AB
·
MHC Automation, LLC
·
MineralTree, Inc.
·
Procurify
Technologies, Inc.
·
Quadient (Neopost
SA)
·
Sage Group Plc
·
SAP Ariba
·
Tipalti, Inc.
·
Zycus, Inc.
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