Account Reconciliation Software Market by Product Type, Distribution Channel, End User 2023-2028

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Global Account Reconciliation Software Market
Research and Forecast Report 2023-2028




Author Elena Anderson Marketing Manager IMARC
Group
2022 IMARC All Rights Reserved
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Account Reconciliation Software Market
Research Report 2023-2028 The latest report by
IMARC Group, titled "Account Reconciliation
Software Market Global Industry Trends, Share,
Size, Growth, Opportunity, and Forecast
2023-2028," finds that the global account
reconciliation software market size reached US
2.9 Billion in 2022. Account reconciliation
software is used to automate and standardize the
settlement process to create clear and precise
financial statements. Some commonly available
software includes ReconArt, Blackline, Xero, Bank
Rek, and AutoRek. It is an easy-to-set-up and
user-friendly tool with numerous features and
functionalities, including issue management,
transaction matching, classification,
cloud-based, task flow, reporting group
suitability, postings, data acquisition, matching
techniques, and interface. It is designed to
augment productivity, enhance efficiency, and
save time by eliminating the need for data
manipulation and manual calculations. In
addition, it offers accountants a streamlined
method to assure the accuracy of their balance
sheets and allows them to analyze discrepancies,
compare data, attach supporting documents, and
take the required actions quickly.

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Report Description and Highlights
Report Description
As a result, account reconciliation software is
widespread across banking, financial services,
insurance (BFSI), retail, e-commerce, healthcare,
government and public, information technology
(IT), and telecom. Request for a PDF sample of
this report https//www.imarcgroup.com/account-re
conciliation-software-market/requestsample

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Report Description and Highlights
Report Description
Global Account Reconciliation Software Market
Trends The market is primarily driven by the
increasing number of credit card payments and
online transactions in several industries.
Nowadays, account reconciliation software is
widely employed to track interest charges,
minimize the risk of fraud, reduce accounting
errors, and monitor data, such as trial balance
and cash flows. Besides this, the surging need
for standardized activities in banks and the
widespread adoption of customer-centric banking
solutions represent another major growth-inducing
factor. In addition, the escalating demand for
error detection software to improve operational
efficiency and minimize overall costs is
accelerating the product adoption rate across the
globe. Apart from this, key market players are
launching innovative account reconciliation
software incorporated with advanced technologies,
including machine learning (ML) and artificial
intelligence (AI), to enhance the cash flow
management and reconciliation process. This,
coupled with the growing need for generating
electronic bills, is creating a positive market
outlook. Looking forward, IMARC Group expects
the market value to reach US 6.2 Billion by
2028, exhibiting a CAGR of 13.1 during the
forecast period (2023-2028). View Report TOC,
Figures and Tables https//www.imarcgroup.com/acc
ount-reconciliation-software-market

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Report Description and Highlights
Report Description

• Key Market Segmentation
• The research report includes the following
  segments
• Breakup by Component
• Software
• Services 
• Breakup by Deployment Mode
• On-premises
• Cloud-based
• Breakup by Organization Size
• Small and Medium-sized Enterprises
• Large Enterprises

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Report Description and Highlights
Report Description

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• Breakup by End User
• BFSI
• Manufacturing
• Retail and E-Commerce
• Healthcare
• IT and Telecom
• Energy and Utilities
• Government and Public Sector
• Others
• Breakup by Region
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

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Report Description and Highlights
Report Description

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• Competitive Landscape with Key Players
• API Software Limited
• BlackLine Inc.
• Broadridge Financial Solutions Inc.
• Fiserv Inc.
• Intuit Inc.
• Oracle Corporation
• ReconArt Inc.
• Sage Group plc
• SmartStream Technologies ltd.
• Trintech Inc.
• Xero Limited.
•  

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Key Questions Answered in the Report
Report Description

1. What was the size of the global account
reconciliation software market in 2022? 2. What
is the expected growth rate of the global account
reconciliation software market during
2023-2028? 3. What are the key factors driving
the global account reconciliation software
market? 4. What has been the impact of COVID-19
on the global account reconciliation software
market? 5. What is the breakup of the global
account reconciliation software market based on
the component? 6. What is the breakup of the
global account reconciliation software market
based on the deployment mode? 7. What is the
breakup of the global account reconciliation
software market based on the organization
size? 8. What is the breakup of the global
account reconciliation software market based on
the end user? 9. What are the key regions in the
global account reconciliation software
market? 10. Who are the key players/companies in
the global account reconciliation software
market?  
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Table of Contents
Report Description
1 Preface 2 Scope and Methodology 2.1
Objectives of the Study 2.2 Stakeholders
2.3 Data Sources 2.3.1 Primary
Sources 2.3.2 Secondary Sources
2.4 Market Estimation 2.4.1
Bottom-Up Approach 2.4.2 Top-Down
Approach 2.5 Forecasting Methodology 3
Executive Summary 4 Introduction 4.1
Overview 4.2 Key Industry Trends 5
Global Account Reconciliation Software Market
5.1 Market Overview 5.2 Market
Performance 5.3 Impact of COVID-19 5.4
Market Forecast

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Table of Contents
Report Description
6 Market Breakup by Component 6.1
Software 6.1.1 Market Trends
6.1.2 Market Forecast 6.2 Services
6.2.1 Market Trends 6.2.2 Market
Forecast 7 Market Breakup by Deployment Mode
7.1 On-premises 7.1.1 Market Trends
7.1.2 Market Forecast 7.2
Cloud-based 7.2.1 Market Trends
7.2.2 Market Forecast        Click here to
visit the complete table of content with list of
figures and tables https//www.imarcgroup.com/ac
count-reconciliation-software-market/toc

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

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