Credit Management Software Market Segments by size (Large and SMEs); by Deployment type (Cloud and On-Premises); and Region - Global Analysis of Market Size, Share & Trends for 2019 - 2020 and Forecasts to 2030

Publisher Name :
Date: 30-Apr-2021
No. of pages: 167

Product Overview

Software of credit management is used to simplify and optimize the credit management workflow. At the same time, it assists in the execution of a number of day-to-day activities undertaken by representatives of the credit management department's staff, as well as the preservation of critical information. It also assists in the control of cash flow within organizations, as well as the keeping of reliable invoice records. Credit management software may be applied in an enterprise or used as a portion of other software. Companies from various fields currently use credit management software.

Market Highlights

Global Credit Management Software is expected to project a notable CAGR of 5.75% in 2030.

Global Credit Management Software to surpass USD XXXX million by 2030 from USD XXXX million in 2020 at a CAGR of 5.75% in the coming years, i.e., 2021-30. The rapid expansion of the credit management software market is mainly driven by the growth of international trade as cross-border labor becomes more common. The growth of the credit management software market has led to an increase in awareness of the advantages of automation and specialized credit management software. Credit management software is used for the management of credit records and cash flows by a wide variety of companies in diverse fields like the telecommunications, healthcare, manufacturing, IT, and electronics.

Global Credit Management Software: Segments

Large enterprises segment to grow with the highest CAGR during 2020-30

Global Credit Management Software is segmented by Size Type into Large enterprises and small enterprises. The expense is more accessible for large companies, with credit management software. Moreover, some of the massive consulting firms rely on software for credit management and manage the credit accounts with smaller companies. Credit management software has a positive influence on medium-sized companies due to the increase in popularity and adoption rates. The division is anticipated to expand in the CAGR by XX% over its prediction period for small and medium enterprises. Furthermore, the advantages offered by credit administration software, such as credit operating performance, better cash flow management, maximum client-related insights, and much more, drive credit management software demand over the predicted timeframe.

Cloud segment to grow with the highest CAGR during 2020-30

Global Credit Management Software is divided by Deployment type into Cloud and on-premises. Cloud segment held the largest market share of XX.X% in the year 2020 and will continue to dominate the market in the coming years. During the projected timeframe, the type of cloud deployment is anticipated to accelerate in traction as it provides agility to execute and consume on-demand resources. Industries prefer this kind of deployment, as it provides easy access together with lower capital and operating costs.

Global Credit Management Software: Market Dynamics

Drivers

Low cost cloud solution

Cloud solution software that enables clients to benefit from a low-cost BPM solution presents the main drivers for the credit process management system market. The study indicates that, due to the beneficial service provided by credit management solutions which support the procurement of clients and the retention in the banking sector, the BFSI sector is expected to represent the highest market share in its BFSI segment.

Penetration in end user vertical

Credit management is being implemented owing to the advantages given by credit management software in end-user industries such as telecommunications, healthcare, manufacturing, information technology, and electronics. Credit management software also offers valuable insight into the motion of invoices for multiple transactions inside of or outside the company. These opportunities achieved by software for credit management enhance the market in the coming years.

Restraint

High operational cost

The time and operating expenses involved with a trade increase contrary rules and protocols as well as basic barriers, such as language and currency. The expansion of the software market for credit management is therefore projected to be hindered during the forecast.

Global Credit Management Software: Key Players

Creman B.V.

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

Triple-A Solutions

DebtPack

S4FINANCIALS B.V.

Misys

Alterity

Bureau voor Credit Management

Cforia Software Inc.

Credica Limited

SOPLEX Consult GmbHï

Emagia Corporation

Xolv BV

Prof. Schumann GmbH

Apruve

Other Prominent Players

Global Credit Management Software: Regions

Global Credit Management Software is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Global Credit Management Software in the Asia Pacific held the largest market share of XX.X% in the year 2020. It is expected that Asia Pacific will rise XX % over the projected timeframe at the leading CAGR. In the Asia Pacific region, heavy international investment due to cheap labor has caused rapid industrialization in the previous decade, increasing the credit management software in various organizations. In the coming years, this is growth is anticipated to remain. Driven by technological developments and established infrastructure, Europe is anticipated to remain to dominate the global credit management software market.

Global Credit Management Software is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Credit Management Software report also contains analysis on:

Credit Management Software Segments:

By Size

Large

SMEs

By Deployment type into

Cloud

On-Premises

Credit Management Software Dynamics

Credit Management Software Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Credit Management Software Market Segments by size (Large and SMEs); by Deployment type (Cloud and On-Premises); and Region - Global Analysis of Market Size, Share & Trends for 2019 - 2020 and Forecasts to 2030

Table of Contents

1. Executive Summary
2. Global Credit Management Software Market
1. Product Overview
2. Market Definition
3. Segmentation
4. Assumptions and Acronyms
3. Research Methodology
1. Research Objectives
2. Primary Research
3. Secondary Research
4. Forecast Model
5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
1. Growth Drivers
2. Restraints
3. Opportunity
4. Trends
7. Correlation & Regression Analysis
1. Correlation Matrix
2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
1. Demand Risk Analysis
2. Supply Risk Analysis
10. Global Credit Management Software Market Analysis
1. Porters Five Forces
1. Threat of New Entrants
2. Bargaining Power of Suppliers
3. Threat of Substitutes
4. Rivalry
2. PEST Analysis
1. Political
2. Economic
3. Social
4. Technological
11. Global Credit Management Software Market
1. Market Size & forecast, 2020A-2030F
1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global Credit Management Software Market: Market Segmentation
1. By Regions
1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By Size: Market Share (2020-2030F)
1. SMEs, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. large, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. By Deployment Type: Market Share (2020-2030F)
1. Cloud, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. On premises, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
Company Profile
1. Kofax
1. Company Overview
2. Company Total Revenue (Financials)
3. Market Potential
4. Global Presence
5. Key Performance Indicators
6. SWOT Analysis
7. Product Launch
2. Triple-A Solutions
3. DebtPack
4. S4FINANCIALS B.V.
5. Misys
6. Alterity
7. Bureau voor Credit Management
8. Cforia Software Inc.
9. Credica Limited
10. SOPLEX Consult GmbH
11. Emagia Corporation
12. Xolv BV
13. Prof. Schumann GmbH
14. Apruve
15. Other Prominent Players
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
  • Global Financial Leasing Market Research Report 2024
    Published: 08-Jan-2024        Price: US 2900 Onwards        Pages: 71
    A financial lease is a method used by a business for acquisition of equipment with payment structured over time. To give proper definition, it can be expressed as an agreement wherein The lessor receives lease payments for The covering of ownership costs. Moreover, The lessor holds The responsibility of maintenance, taxes, and insurance. A financial lease is similar to an out-and-out purchase transaction which has been financed through a term loan, in that The payments are made on a monthl......
  • Global Collateralized Debt Obligation Market Research Report 2024
    Published: 08-Jan-2024        Price: US 2900 Onwards        Pages: 99
    A collateralized debt obligation (CDO) is a type of structured asset-backed security (ABS). Originally developed for The corporate debt markets, over time CDOs evolved to encompass The mortgage and mortgage-backed security ("MBS") markets. The global Collateralized Debt Obligation market was valued at US$ 130900 million in 2023 and is anticipated to reach US$ 171650 million by 2030, witnessing a CAGR of 3.9% during The forecast period 2024-2030. Citigroup, Credit Suisse, Morg......
  • Global Algorithmic Trading Market Growth (Status and Outlook) 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 106
    According to our LPI (LP Information) latest study, the global Algorithmic Trading market size was valued at US$ 11170 million in 2023. With growing demand in downstream market, the Algorithmic Trading is forecast to a readjusted size of US$ 14540 million by 2030 with a CAGR of 3.8% during review period. The research report highlights the growth potential of the global Algorithmic Trading market. Algorithmic Trading are expected to show stable growth in the future market. However, produc......
  • Global Financial Leasing Market Growth (Status and Outlook) 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 89
    According to our LPI (LP Information) latest study, the global Financial Leasing market size was valued at US$ 1391760 million in 2023. With growing demand in downstream market, the Financial Leasing is forecast to a readjusted size of US$ 2095000 million by 2030 with a CAGR of 6.0% during review period. The research report highlights the growth potential of the global Financial Leasing market. Financial Leasing are expected to show stable growth in the future market. However, product di......
  • Global Collateralized Debt Obligation Market Growth (Status and Outlook) 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 127
    According to our LPI (LP Information) latest study, the global Collateralized Debt Obligation market size was valued at US$ 128050 million in 2023. With growing demand in downstream market, the Collateralized Debt Obligation is forecast to a readjusted size of US$ 169030 million by 2030 with a CAGR of 4.0% during review period. The research report highlights the growth potential of the global Collateralized Debt Obligation market. Collateralized Debt Obligation are expected to show stabl......
  • Global Credit Insurance Market Growth (Status and Outlook) 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 93
    According to our LPI (LP Information) latest study, the global Credit Insurance market size was valued at US$ 11990 million in 2023. With growing demand in downstream market, the Credit Insurance is forecast to a readjusted size of US$ 13950 million by 2030 with a CAGR of 2.2% during review period. The research report highlights the growth potential of the global Credit Insurance market. Credit Insurance are expected to show stable growth in the future market. However, product differenti......
  • Global Triennial OTC Derivatives Market Growth (Status and Outlook) 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 128
    According to our LPI (LP Information) latest study, the global Triennial OTC Derivatives market size was valued at US$ million in 2023. With growing demand in downstream market, the Triennial OTC Derivatives is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period. The research report highlights the growth potential of the global Triennial OTC Derivatives market. Triennial OTC Derivatives are expected to show stable growth in the future market. However......
  • Global Spin Galvanizing Industry Research Report, In-depth Analysis of Current Status and Outlook of Key Countries 2023-2028
    Published: 04-Jan-2024        Price: US 3380 Onwards        Pages: 107
    Market Overview of Global Spin Galvanizing market: According to our latest research, the global Spin Galvanizing market looks promising in the next 5 years. As of 2022, the global Spin Galvanizing market was estimated at USD XX million, and it's anticipated to reach USD XX million in 2028, with a CAGR of XX% during the forecast years. This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Spin Galvanizing market......
  • Global Software Load Balancers Industry Research Report, In-depth Analysis of Current Status and Outlook of Key Countries 2023-2028
    Published: 04-Jan-2024        Price: US 3380 Onwards        Pages: 119
    Market Overview of Global Software Load Balancers market: According to our latest research, the global Software Load Balancers market looks promising in the next 5 years. As of 2022, the global Software Load Balancers market was estimated at USD XX million, and it's anticipated to reach USD XX million in 2028, with a CAGR of XX% during the forecast years. This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global So......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs