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Worldwide Accounts Receivable Applications Market Shares, 2021: Accounts Receivable Applications Leverage Visibility and Control to Drive Growth

Worldwide Accounts Receivable Applications Market Shares, 2021: Accounts Receivable Applications Leverage Visibility and Control to Drive Growth

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Worldwide Accounts Receivable Applications Market Shares, 2021: Accounts Receivable Applications Leverage Visibility and Control to Drive Growth

This IDC study examines the market shares of the leading vendors in the accounts receivable applications market."We are living in times of unprecedented uncertainty and volatility. The priority for all businesses is to enhance business resiliency by gaining tighter control over and visibility into their money and financial processes. Core AR processes like collections, cash management, working capital, and credit management have become even more critical. As a result, SaaS accounts receivable software has been highlighted as a place to get a quick return from digital transformation efforts, which is fueling rapid growth in this market," said Kevin Permenter, research director, Financial Application at IDC.

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