Spain Accounts Receivable Automation Market - Industry Trends and Forecast to 2030

List of Tables

Spain accounts receivable automation market is expected to reach USD 234.76 million by 2030 from USD 92.29 million in 2022, growing at a CAGR of 12.6% during the forecast period of 2023 to 2030.

Market Segmentation:

Spain Accounts Receivable Automation Market, By Offering (Solutions and Services), Deployment (On Premise, Cloud), Enterprise Size (Large Enterprise and Small Enterprise), Operating System (Window, Mobile, Mac, and Linux), Automation Level (Basic Automation and Advanced Automation), Pricing Category (Subscription Based and Free), End User (Manufacturing, Food and Beverages, Energy and Utilities, Healthcare, Banking, Financial Services and Insurance, IT and Telecommunication, Government and Public Sector, Construction, Transportation and Logistics, Retail and Consumer Goods, Hospitality, and Others), Country (Spain) - Industry Trends and Forecast to 2030.

Overview of Spain Accounts Receivable Automation Market Dynamics

Driver
Increasing adoption of cloud-based AR automation solutions
Restrain
Data Security considerations associated with automated AR processes
Opportunity
Rising Spain government initiatives

Market Players:

Some of the key market players operating in the Spain accounts receivable automation market are listed below:

SAP (Germany)
Sage Group plc (U.K.)
Esker (U.S.)
Quadient (U.S.)
Celonis (U.S.)
EDICOM (U.S.)
BlackLine Inc. (U.S.)
Certinia Inc. (U.S.)
QUALCO (Greece)
Pagero (Sweden)
Iron Mountain, Inc. (U.S.)
Zoho Corporation Pvt. Ltd. (India)
Serrala (Germany)
Dynatos (Belgium)

1 INTRODUCTION 14

1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 OVERVIEW OF THE SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET 14
1.4 CURRENCY AND PRICING 16
1.5 LIMITATIONS 16
1.6 MARKETS COVERED 17

2 MARKET SEGMENTATION 20

2.1 MARKETS COVERED 20
2.2 YEARS CONSIDERED FOR THE STUDY 21
2.3 GEOGRAPHIC SCOPE 21
2.4 DBMR TRIPOD DATA VALIDATION MODEL 22
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 25
2.6 DBMR MARKET POSITION GRID 26
2.7 END USER COVERAGE GRID 27
2.8 MULTIVARIATE MODELLING 28
2.9 OFFERING TIME LINE CURVE 28
2.10 SECONDARY SOURCES 29
2.11 ASSUMPTIONS 29

3 EXECUTIVE SUMMARY 30

4 PREMIUM INSIGHTS 33

4.1 PORTER'S FIVE FORCES MODEL 34
4.2 TECHNOLOGICAL TRENDS 35
- 4.2.1 ARTIFICIAL INTELLIGENCE (AI) AND MACHINE LEARNING 35
- 4.2.2 ROBOTIC PROCESS AUTOMATION (RPA) 35
- 4.2.3 BLOCKCHAIN TECHNOLOGY 35
- 4.2.4 CLOUD-BASED SOLUTIONS 36
- 4.2.5 MOBILE INTEGRATION 36
- 4.2.6 DATA ANALYTICS AND BUSINESS INTELLIGENCE 36
- 4.2.7 ELECTRONIC PAYMENTS AND E-INVOICING 36
- 4.2.8 INTEGRATION WITH ERP SYSTEMS 36
4.3 CASE STUDY 37
4.4 COMPANY COMPARATIVE ANALYSIS 38

4.5 PENETRATION BY SECTOR OF ACTIVITY 39
- 4.5.1 FOOD AND BEVERAGES SECTOR: 39
- 4.5.2 MANUFACTURING SECTOR: 39
- 4.5.3 ENERGY AND UTILITIES SECTOR: 39
- 4.5.4 HEALTHCARE SECTOR: 39
4.6 VALUE CHAIN ANALYSIS 40
- 4.6.1 INNOVATIVE TECHNOLOGY PROVIDERS 40
- 4.6.2 SYSTEM INTEGRATION, IMPLEMENTATION SERVICES, TRAINING, AND SUPPORT SERVICES 41
4.7 PRICING ANALYSIS 42
4.8 GENERAL DATA PROTECTION REGULATION (GDPR) 46
- 4.8.1 E-INVOICING DIRECTIVE 46
- 4.8.2 ANTI-MONEY LAUNDERING (AML) AND COUNTER-TERRORISM FINANCING (CTF) REGULATIONS 46

5 MARKET OVERVIEW 48

5.1 DRIVERS 50
- 5.1.1 INCREASING ADOPTION OF CLOUD-BASED AR AUTOMATION SOLUTIONS 50
- 5.1.2 RISING DEMAND TO ENHANCE OPERATIONAL EFFICIENCY AND PRODUCTIVITY 50
- 5.1.3 INCREASE IN THE USE OF AUTOMATED AR PLATFORMS 51
- 5.1.4 SURGING DIGITAL INFRASTRUCTURE ACROSS THE COUNTRY 52
5.2 RESTRAINTS 53
- 5.2.1 DATA SECURITY CONSIDERATIONS ASSOCIATED WITH AUTOMATED AR PROCESSES 53
- 5.2.2 HIGH COST OF IMPLEMENTATION OF AR AUTOMATION 53
5.3 OPPORTUNITIES 54
- 5.3.1 RISING SPAIN GOVERNMENT INITIATIVES SUCH AS PROMOTING DIGITAL TECHNOLOGIES 54
- 5.3.2 GROWING TREND OF COLLABORATION AND STRATEGIC ALLIANCES AMONG INDUSTRY STAKEHOLDERS 55
- 5.3.3 GROWING NEED FOR AR AUTOMATION SOLUTIONS IN VARIOUS INDUSTRIES 56
5.4 CHALLENGES 57
- 5.4.1 LESS AWARENESS OF AR AUTOMATION IN SMALLER BUSINESSES 57
- 5.4.2 INTEGRATION CONCERNS RELATED TO ACCOUNT RECEIVABLE PLATFORMS 57

6 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY OFFERING 59

6.1 OVERVIEW 60
6.2 SOLUTIONS 61
- 6.2.1 BILLING AND INVOICING 61
- 6.2.2 CREDIT & RISK MANAGEMENT 61
- 6.2.3 CUSTOMER STATEMENT 62
- 6.2.4 RECEIVABLE LEDGER 62
- 6.2.5 COLLECTION MANAGEMENT 62
- 6.2.6 AGING TRACKING 62
- 6.2.7 ONLINE PAYMENTS 62
- 6.2.8 OTHERS 62
6.3 SERVICES 62
- 6.3.1 IMPLEMENTATION 63
- 6.3.2 CONSULTING 63
- 6.3.3 SUPPORT AND MAINTENANCE 63

7 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY DEPLOYMENT TYPE 64

7.1 OVERVIEW 65
7.2 ON PREMISE 66
7.3 CLOUD 66

8 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY ENTERPRISE SIZE 67

8.1 OVERVIEW 68
8.2 LARGE ENTERPRISE 69
- 8.2.1 BY DEPLOYMENT TYPE 69
  - 8.2.1.1 ON PREMISE 69
  - 8.2.1.2 CLOUD 69
8.3 SMALL AND MEDIUM ENTERPRISE 70
- 8.3.1 BY DEPLOYMENT TYPE 70
  - 8.3.1.1 ON PREMISE 70
  - 8.3.1.2 CLOUD 70

9 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY OPERATING SYSTEM 71

9.1 OVERVIEW 72
9.2 WINDOWS 73
9.3 MOBILE 73
- 9.3.1 BY TYPE 73
  - 9.3.1.1 ANDROID 73
  - 9.3.1.2 IPHONE 73
  - 9.3.1.3 IPAD 73
9.4 MAC 74
9.5 LINUX 74

10 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY AUTOMATION LEVEL 75

10.1 OVERVIEW 76
10.2 BASIC AUTOMATION 77
- 10.2.1 BY FUNCTION 77
  - 10.2.1.1 INVOICE GENERATION 77
  - 10.2.1.2 TRANSACTION TRACKING 77
  - 10.2.1.3 PAYMENT REMINDER 77
10.3 ADVANCED AUTOMATION 78

11 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY PRICING CATEGORY 79

11.1 OVERVIEW 80
11.2 SUBSCRIPTION BASED 81
- 11.2.1 ANNUAL SUBSCRIPTION 81
- 11.2.2 MONTHLY SUBSCRIPTION 81
11.3 FREE 81

12 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY END USER 82

12.1 OVERVIEW 83
12.2 MANUFACTURING 84
- 12.2.1 BY OFFERING 84
  - 12.2.1.1 SOLUTIONS 84
  - 12.2.1.2 SERVICES 85
12.3 FOOD AND BEVERAGES 85
- 12.3.1 BY OFFERING 85
  - 12.3.1.1 SOLUTIONS 85
  - 12.3.1.2 SERVICES 85
12.4 ENERGY AND UTILITIES 85
- 12.4.1 BY OFFERING 85
  - 12.4.1.1 SOLUTIONS 86
  - 12.4.1.2 SERVICES 86
12.5 HEALTHCARE 86
- 12.5.1 BY OFFERING 86
  - 12.5.1.1 SOLUTIONS 86
  - 12.5.1.2 SERVICES 86
12.6 BANKING, FINANCIAL SERVICES, AND INSURANCE 87
- 12.6.1 BY OFFERING 87
  - 12.6.1.1 SOLUTIONS 87
  - 12.6.1.2 SERVICES 87
12.7 IT AND TELECOMMUNICATION 87
- 12.7.1 BY OFFERING 87
  - 12.7.1.1 SOLUTIONS 88
  - 12.7.1.2 SERVICES 88
12.8 GOVERNMENT AND PUBLIC SECTOR 88
- 12.8.1 BY OFFERING 88
  - 12.8.1.1 SOLUTIONS 88
  - 12.8.1.2 SERVICES 88

12.9 CONSTRUCTION 89
- 12.9.1 BY OFFERING 89
  - 12.9.1.1 SOLUTIONS 89
  - 12.9.1.2 SERVICES 89
12.10 TRANSPORTATION AND LOGISTICS 89
- 12.10.1 BY OFFERING 89
  - 12.10.1.1 SOLUTIONS 90
  - 12.10.1.2 SERVICES 90
12.11 RETAIL AND CONSUMER GOODS 90
- 12.11.1 BY OFFERING 90
  - 12.11.1.1 SOLUTIONS 90
  - 12.11.1.2 SERVICES 90
12.12 HOSPITALITY 91
- 12.12.1 BY OFFERING 91
  - 12.12.1.1 SOLUTIONS 91
  - 12.12.1.2 SERVICES 91
12.13 OTHERS 91
- 12.13.1 BY OFFERING 91
  - 12.13.1.1 SOLUTIONS 92
  - 12.13.1.2 SERVICES 92

13 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET: COMPANY LANDSCAPE 93

13.1 COMPANY SHARE ANALYSIS: SPAIN 93

14 SWOT ANALYSIS 94

15 COMPANY PROFILINGS 95

15.1 SAP 95
- 15.1.1 COMPANY SNAPSHOT 95
- 15.1.2 REVENUE ANALYSIS 95
- 15.1.3 PRODUCT PORTFOLIO 96
- 15.1.4 RECENT DEVELOPMENT 96
15.2 SAGE GROUP PLC 97
- 15.2.1 COMPANY SNAPSHOT 97
- 15.2.2 REVENUE ANALYSIS 97
- 15.2.3 SOLUTION PORTFOLIO 98
- 15.2.4 RECENT DEVELOPMENT 98
15.3 ESKER 99
- 15.3.1 COMPANY SNAPSHOT 99
- 15.3.2 REVENUE ANALYSIS 99
- 15.3.3 SOLUTION PORTFOLIO 100
- 15.3.4 RECENT DEVELOPMENT 100
15.4 QUADIENT 102
- 15.4.1 COMPANY SNAPSHOT 102
- 15.4.2 REVENUE ANALYSIS 102
- 15.4.3 SOLUTION PORTFOLIO 103
- 15.4.4 RECENT DEVELOPMENT 103
15.5 CELONIS 105
- 15.5.1 COMPANY SNAPSHOT 105
- 15.5.2 SOLUTION PORTFOLIO 105
- 15.5.3 RECENT DEVELOPMENT 105
15.6 BLACKLINE INC. 107
- 15.6.1 COMPANY SNAPSHOT 107
- 15.6.2 REVENUE ANALYSIS 107
- 15.6.3 SOLUTION PORTFOLIO 108
- 15.6.4 RECENT DEVELOPMENT 108
15.7 CERTINIA (BY FINANCIAL FORCE) 109
- 15.7.1 COMPANY SNAPSHOT 109
- 15.7.2 SOLUTION PORTFOLIO 109
- 15.7.3 RECENT DEVELOPMENT 109
15.8 DYNATOS 110
- 15.8.1 COMPANY SNAPSHOT 110
- 15.8.2 SOLUTION PORTFOLIO 110
- 15.8.3 RECENT DEVELOPMENT 110
15.9 EDICOM 111
- 15.9.1 COMPANY SNAPSHOT 111
- 15.9.2 SOLUTION PORTFOLIO 111
- 15.9.3 RECENT DEVELOPMENT 111
15.10 IRON MOUNTAIN, INC. 112
- 15.10.1 COMPANY SNAPSHOT 112
- 15.10.2 REVENUE ANALYSIS 112
- 15.10.3 SOLUTION PORTFOLIO 113
- 15.10.4 RECENT DEVELOPMENT 113
15.11 PAGERO 114
- 15.11.1 COMPANY SNAPSHOT 114
- 15.11.2 REVENUE ANALYSIS 114
- 15.11.3 SOLUTION PORTFOLIO 115
- 15.11.4 RECENT DEVELOPMENT 115

15.12 QUALCO GROUP OF COMPANIES 116
- 15.12.1 COMPANY SNAPSHOT 116
- 15.12.2 SOLUTION PORTFOLIO 116
- 15.12.3 RECENT DEVELOPMENT 116
15.13 SERRALA 118
- 15.13.1 COMPANY SNAPSHOT 118
- 15.13.2 SOLUTION PORTFOLIO 118
- 15.13.3 RECENT DEVELOPMENT 118
15.14 ZOHO CORPORATION PVT. LTD. 120
- 15.14.1 COMPANY SNAPSHOT 120
- 15.14.2 BRAND PORTFOLIO 120
- 15.14.3 RECENT DEVELOPMENT 120

16 QUESTIONNAIRE 122

17 RELATED REPORTS 126

LIST OF TABLES

TABLE 1 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY OFFERING, 2020-2030 (USD MILLION) 61
TABLE 2 SPAIN SOLUTIONS IN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY TYPE, 2020-2030 61
TABLE 3 SPAIN SERVICES IN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY TYPE, 2020-2030 62
TABLE 4 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY DEPLOYMENT TYPE, 2020-2030 (USD MILLION) 66
TABLE 5 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY ENTERPRISE SIZE, 2020-2030 (USD MILLION) 69
TABLE 6 SPAIN LARGE ENTERPRISE IN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY DEPLOYMENT TYPE, 2020-2030 (USD MILLION) 69
TABLE 7 SPAIN SMALL AND MEDIUM ENTERPRISE IN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY DEPLOYMENT TYPE, 2020-2030 (USD MILLION) 70
TABLE 8 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY OPERATING SYSTEM, 2020-2030 (USD MILLION) 73
TABLE 9 SPAIN MOBILE IN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY TYPE, 2020-2030 (USD MILLION) 73
TABLE 10 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY AUTOMATION LEVEL, 2020-2030 (USD MILLION) 77
TABLE 11 SPAIN BASIC AUTOMATION IN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY FUNCTION, 2020-2030 (USD MILLION) 77
TABLE 12 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY PRICING CATEGORY, 2020-2030 (USD MILLION) 81
TABLE 13 SPAIN SUBSCRIPTION BASED IN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY TYPE, 2020-2030 (USD MILLION) 81
TABLE 14 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY END USER, 2020-2030 (USD MILLION) 84
TABLE 15 SPAIN MANUFACTURING IN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY OFFERING, 2020-2030 (USD MILLION) 84
TABLE 16 SPAIN FOOD AND BEVERAGES IN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY OFFERING, 2020-2030 (USD MILLION) 85
TABLE 17 SPAIN ENERGY AND UTILITIES IN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY OFFERING, 2020-2030 (USD MILLION) 85
TABLE 18 SPAIN HEALTHCARE IN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY OFFERING, 2020-2030 (USD MILLION) 86
TABLE 19 SPAIN BANKING, FINANCIAL SERVICES, AND INSURANCE IN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY OFFERING, 2020-2030 (USD MILLION) 87
TABLE 20 SPAIN IT AND TELECOMMUNICATION IN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY OFFERING, 2020-2030 (USD MILLION) 87
TABLE 21 SPAIN GOVERNMENT AND PUBLIC SECTOR IN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY OFFERING, 2020-2030 (USD MILLION) 88
TABLE 22 SPAIN CONSTRUCTION IN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY OFFERING, 2020-2030 (USD MILLION) 89
TABLE 23 SPAIN TRANSPORTATION AND LOGISTICS IN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY OFFERING, 2020-2030 (USD MILLION) 89
TABLE 24 SPAIN RETAIL AND CONSUMER GOODS IN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY OFFERING, 2020-2030 (USD MILLION) 90
TABLE 25 SPAIN HOSPITALITY IN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY OFFERING, 2020-2030 (USD MILLION) 91
TABLE 26 SPAIN OTHERS IN ACCOUNTS RECEIVABLE AUTOMATION MARKET, BY OFFERING, 2020-2030 (USD MILLION) 91

LIST OF FIGURES

FIGURE 1 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET: SEGMENTATION 20
FIGURE 2 SPAIN ACCOUNTS RECEIABLE AUTOMATION MARKET: DATA TRIANGULATION 22
FIGURE 3 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET: DROC ANALYSIS 23
FIGURE 4 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET: REGIONAL MARKET ANALYSIS 24
FIGURE 5 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET: COMPANY RESEARCH ANALYSIS 24
FIGURE 6 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET: INTERVIEW DEMOGRAPHICS 25
FIGURE 7 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET: DBMR MARKET POSITION GRID 26
FIGURE 8 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET: END USER COVERAGE GRID ANALYSIS 27
FIGURE 9 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET: MULTIVARIATE MODELLING 28
FIGURE 10 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET: OFFERING TIME LINE CURVE 28
FIGURE 11 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET: SEGMENTATION 32
FIGURE 12 INCREASING ADOPTION OF CLOUD-BASED AR AUTOMATION SOLUTIONS IS EXPECTED TO BE KEY DRIVER FOR SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET IN THE FORECAST PERIOD OF 2023 TO 2030 33
FIGURE 13 SOLUTION IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET IN THE FORECAST PERIOD OF 2023 TO 2030 33
FIGURE 14 PORTER'S FIVE FORCES MODEL 34
FIGURE 15 PENETRATION BY SECTOR OF ACTIVITY FOR SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET 39
FIGURE 16 VALUE CHAIN FOR SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET 40
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET 49
FIGURE 18 ADVANTAGES OF AUTOMATED ARM 50
FIGURE 19 USE OF AUTOMATED AR SOLUTIONS IN VARIOUS INDUSTRIES 56
FIGURE 20 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET: BY OFFERING, 2022 60
FIGURE 21 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET: BY DEPLOYMEN TYPE, 2022 65
FIGURE 22 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET: BY ENTERPRISE SIZE, 2022 68
FIGURE 23 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET: BY OPERATING SYSTEM, 2022 72
FIGURE 24 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET: BY AUTOMATION LEVEL, 2022 76
FIGURE 25 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET: BY PRICING CATEGORY, 2022 80
FIGURE 26 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET: BY END USER, 2022 83
FIGURE 27 SPAIN ACCOUNTS RECEIVABLE AUTOMATION MARKET: COMPANY SHARE 2022 (%) 93