Worldwide Accounts Receivable Applications Market Shares, 2022: Cash Management and Forecasting Lead Transformation

This IDC study examines the market shares of the leading vendors in the accounts receivable (AR) applications market."In many ways, keeping an eye on AR allows businesses to be in a better position to weather the storms of geopolitical forces (increasing regulations), natural disasters, or supply chain disruptions. This has spurred new investment in AR automation technology. However, buyers of AR technology are not looking for a last-generation monolithic application with basic functionality. Today's buyers are looking for applications that feature innovation and are built for tomorrow's business challenges," said Kevin Permenter, research director, Financial Application at IDC.