According to the latest research analysis,the global market for Credit and Collections Management Software should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
China Credit and Collections Management Software market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
The United States Credit and Collections Management Software market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
In terms of type, Cloud-based segment holds a share about % in 2022 and will reach % in 2029; while in terms of application, SMEs has a share approximately % in 2022 and will grow at a CAGR % during 2023 and 2029.
The global key manufacturers of Credit and Collections Management Software include Tesorio, CreditPoint Software, HighRadius, Invoiced, You Need A Budget, myFICO, YayPay, Nomis and Tally Technologies, etc. In 2022, the global top five players hold a share approximately % in terms of revenue.
Businesses use credit and collections software to ensure customers pay for the products and services delivered by the company. By recovering the amounts due on time, companies can rely on a consistent influx of money to finance their operations. This type of software is used by accounting teams to identify which invoices are overdue, match invoices and payments, reduce processing errors, and manage collection issues such as bad debt (amounts owed by customers that are unlikely to be paid). Accountants also use credit and collections software to manage customer credits to mitigate the risk of not getting paid. This type of software can also be used by collection agencies that recover outstanding payments on behalf of their customers.
Credit and collections software can be delivered as a standalone product or as part of a financial management suite. Standalone credit and collections tools need to integrate with accounting software and ERP systems or with related point solutions such as AR automation software.
This report aims to provide a comprehensive study of the global market for Credit and Collections Management Software.
Data-Driven Insights: Highlights from Our Report
(1) Global Credit and Collections Management Software market size (value), history data from 2018-2022 and forecast data from 2023 to 2029.
(2) Global Credit and Collections Management Software market competitive situation, revenue and market share, from 2018 to 2022.
(3) China Credit and Collections Management Software market competitive situation, revenue and market share, from 2018 to 2022.
(4) Global Credit and Collections Management Software segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.
(5) Global Credit and Collections Management Software segment by type and by application and regional segment by type and by application.
(6) Credit and Collections Management Software industry supply chain, upstream, midstream and downstream analysis.
Breaking Down Market Segments by Region: A Deep Dive Analysis
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Understanding Market Segments by Type: A Comparative Analysis
Cloud-based
On-premises
Market Segmentation by Application: Dividing Key Markets and Identifying Opportunities
SMEs
Large Enterprises
Understanding Market Segments by Key Players: Insights and Opportunities
Tesorio
CreditPoint Software
HighRadius
Invoiced
You Need A Budget
myFICO
YayPay
Nomis
Tally Technologies
Resolve
Versapay
InDebted
ezyCollect
Lockstep
Cogent
FICO Network
Bilendo
1 Market Overview
1.1 Product Overview and Scope of Credit and Collections Management Software
1.2 Global Credit and Collections Management Software Market Size and Forecast
1.3 China Credit and Collections Management Software Market Size and Forecast
1.4 China Market Percentage in Global
1.4.1 By Revenue, China Credit and Collections Management Software Share in Global Market, 2018-2029
1.4.2 Credit and Collections Management Software Market Size: China VS Global, 2018-2029
1.5 Credit and Collections Management Software Market Dynamics
1.5.1 Credit and Collections Management Software Market Drivers
1.5.2 Credit and Collections Management Software Market Restraints
1.5.3 Credit and Collections Management Software Industry Trends
1.5.4 Credit and Collections Management Software Industry Policy
2 Global Competitive Situation by Company
2.1 Global Credit and Collections Management Software Revenue by Company (2018-2023)
2.2 Global Credit and Collections Management Software Participants, Market Position (Tier 1, Tier 2 and Tier 3)
2.3 Global Credit and Collections Management Software Concentration Ratio
2.4 Global Credit and Collections Management Software Mergers & Acquisitions, Expansion Plans
2.5 Global Credit and Collections Management Software Manufacturers Product Type
3 China Competitive Situation by Company
3.1 China Credit and Collections Management Software Revenue by Company (2018-2023)
3.2 China Credit and Collections Management Software Credit and Collections Management Software Participants, Market Position (Tier 1, Tier 2 and Tier 3)
3.3 China Credit and Collections Management Software, Revenue Percentage of Local Players VS Foreign Manufacturers (2018-2023)
4 Industry Chain Analysis
4.1 Credit and Collections Management Software Industry Chain
4.2 Credit and Collections Management Software Upstream Analysis
4.3 Credit and Collections Management Software Midstream Analysis
4.4 Credit and Collections Management Software Downstream Analysis
5 Sights by Type
5.1 Credit and Collections Management Software Classification
5.1.1 Cloud-based
5.1.2 On-premises
5.2 By Type, Global Credit and Collections Management Software Market Size & CAGR, 2018 VS 2022 VS 2029
5.3 By Type, Global Credit and Collections Management Software Revenue, 2018-2029
6 Sights by Application
6.1 Credit and Collections Management Software Segment by Application
6.1.1 SMEs
6.1.2 Large Enterprises
6.2 By Application, Global Credit and Collections Management Software Market Size & CAGR, 2018 VS 2022 VS 2029
6.3 By Application, Global Credit and Collections Management Software Revenue, 2018-2029
7 Sales Sights by Region
7.1 By Region, Global Credit and Collections Management Software Market Size, 2018 VS 2022 VS 2029
7.2 By Region, Global Credit and Collections Management Software Market Size, 2018-2029
7.3 North America
7.3.1 North America Credit and Collections Management Software Market Size & Forecasts, 2018-2029
7.3.2 By Country, North America Credit and Collections Management Software Market Size Market Share
7.4 Europe
7.4.1 Europe Credit and Collections Management Software Market Size & Forecasts, 2018-2029
7.4.2 By Country, Europe Credit and Collections Management Software Market Size Market Share
7.5 Asia Pacific
7.5.1 Asia Pacific Credit and Collections Management Software Market Size & Forecasts, 2018-2029
7.5.2 By Country/Region, Asia Pacific Credit and Collections Management Software Market Size Market Share
7.6 South America
7.6.1 South America Credit and Collections Management Software Market Size & Forecasts, 2018-2029
7.6.2 By Country, South America Credit and Collections Management Software Market Size Market Share
7.7 Middle East & Africa
8 Sights by Country Level
8.1 By Country, Global Credit and Collections Management Software Market Size & CAGR,2018 VS 2022 VS 2029
8.2 By Country, Global Credit and Collections Management Software Market Size, 2018-2029
8.3 U.S.
8.3.1 U.S. Credit and Collections Management Software Market Size, 2018-2029
8.3.2 By Company, U.S. Credit and Collections Management Software Revenue Market Share, 2018-2023
8.3.3 By Type, U.S. Credit and Collections Management Software Revenue Market Share, 2022 VS 2029
8.3.4 By Application, U.S. Credit and Collections Management Software Revenue Market Share, 2022 VS 2029
8.4 Europe
8.4.1 Europe Credit and Collections Management Software Market Size, 2018-2029
8.4.2 By Company, Europe Credit and Collections Management Software Revenue Market Share, 2018-2023
8.4.3 By Type, Europe Credit and Collections Management Software Revenue Market Share, 2022 VS 2029
8.4.4 By Application, Europe Credit and Collections Management Software Revenue Market Share, 2022 VS 2029
8.5 China
8.5.1 China Credit and Collections Management Software Market Size, 2018-2029
8.5.2 By Company, China Credit and Collections Management Software Revenue Market Share, 2018-2023
8.5.3 By Type, China Credit and Collections Management Software Revenue Market Share, 2022 VS 2029
8.5.4 By Application, China Credit and Collections Management Software Revenue Market Share, 2022 VS 2029
8.6 Japan
8.6.1 Japan Credit and Collections Management Software Market Size, 2018-2029
8.6.2 By Company, Japan Credit and Collections Management Software Revenue Market Share, 2018-2023
8.6.3 By Type, Japan Credit and Collections Management Software Revenue Market Share, 2022 VS 2029
8.6.4 By Application, Japan Credit and Collections Management Software Revenue Market Share, 2022 VS 2029
8.7 South Korea
8.7.1 South Korea Credit and Collections Management Software Market Size, 2018-2029
8.7.2 By Company, South Korea Credit and Collections Management Software Revenue Market Share, 2018-2023
8.7.3 By Type, South Korea Credit and Collections Management Software Revenue Market Share, 2022 VS 2029
8.7.4 By Application, South Korea Credit and Collections Management Software Revenue Market Share, 2022 VS 2029
8.8 Southeast Asia
8.8.1 Southeast Asia Credit and Collections Management Software Market Size, 2018-2029
8.8.2 By Company, Southeast Asia Credit and Collections Management Software Revenue Market Share, 2018-2023
8.8.3 By Type, Southeast Asia Credit and Collections Management Software Revenue Market Share, 2022 VS 2029
8.8.4 By Application, Southeast Asia Credit and Collections Management Software Revenue Market Share, 2022 VS 2029
8.9 India
8.9.1 India Credit and Collections Management Software Market Size, 2018-2029
8.9.2 By Company, India Credit and Collections Management Software Revenue Market Share, 2018-2023
8.9.3 By Type, India Credit and Collections Management Software Revenue Market Share, 2022 VS 2029
8.9.4 By Application, India Credit and Collections Management Software Revenue Market Share, 2022 VS 2029
8.10 Middle East & Asia
8.10.1 Middle East & Asia Credit and Collections Management Software Market Size, 2018-2029
8.10.2 By Company, Middle East & Asia Credit and Collections Management Software Revenue Market Share, 2018-2023
8.10.3 By Type, Middle East & Asia Credit and Collections Management Software Revenue Market Share, 2022 VS 2029
8.10.4 By Application, Middle East & Asia Credit and Collections Management Software Revenue Market Share, 2022 VS 2029
9 Global Manufacturers Profile
9.1 Tesorio
9.1.1 Tesorio Company Information, Head Office, Market Area and Industry Position
9.1.2 Tesorio Company Profile and Main Business
9.1.3 Tesorio Credit and Collections Management Software Models, Specifications and Application
9.1.4 Tesorio Credit and Collections Management Software Revenue and Gross Margin, 2018-2023
9.1.5 Tesorio Recent Developments
9.2 CreditPoint Software
9.2.1 CreditPoint Software Company Information, Head Office, Market Area and Industry Position
9.2.2 CreditPoint Software Company Profile and Main Business
9.2.3 CreditPoint Software Credit and Collections Management Software Models, Specifications and Application
9.2.4 CreditPoint Software Credit and Collections Management Software Revenue and Gross Margin, 2018-2023
9.2.5 CreditPoint Software Recent Developments
9.3 HighRadius
9.3.1 HighRadius Company Information, Head Office, Market Area and Industry Position
9.3.2 HighRadius Company Profile and Main Business
9.3.3 HighRadius Credit and Collections Management Software Models, Specifications and Application
9.3.4 HighRadius Credit and Collections Management Software Revenue and Gross Margin, 2018-2023
9.3.5 HighRadius Recent Developments
9.4 Invoiced
9.4.1 Invoiced Company Information, Head Office, Market Area and Industry Position
9.4.2 Invoiced Company Profile and Main Business
9.4.3 Invoiced Credit and Collections Management Software Models, Specifications and Application
9.4.4 Invoiced Credit and Collections Management Software Revenue and Gross Margin, 2018-2023
9.4.5 Invoiced Recent Developments
9.5 You Need A Budget
9.5.1 You Need A Budget Company Information, Head Office, Market Area and Industry Position
9.5.2 You Need A Budget Company Profile and Main Business
9.5.3 You Need A Budget Credit and Collections Management Software Models, Specifications and Application
9.5.4 You Need A Budget Credit and Collections Management Software Revenue and Gross Margin, 2018-2023
9.5.5 You Need A Budget Recent Developments
9.6 myFICO
9.6.1 myFICO Company Information, Head Office, Market Area and Industry Position
9.6.2 myFICO Company Profile and Main Business
9.6.3 myFICO Credit and Collections Management Software Models, Specifications and Application
9.6.4 myFICO Credit and Collections Management Software Revenue and Gross Margin, 2018-2023
9.6.5 myFICO Recent Developments
9.7 YayPay
9.7.1 YayPay Company Information, Head Office, Market Area and Industry Position
9.7.2 YayPay Company Profile and Main Business
9.7.3 YayPay Credit and Collections Management Software Models, Specifications and Application
9.7.4 YayPay Credit and Collections Management Software Revenue and Gross Margin, 2018-2023
9.7.5 YayPay Recent Developments
9.8 Nomis
9.8.1 Nomis Company Information, Head Office, Market Area and Industry Position
9.8.2 Nomis Company Profile and Main Business
9.8.3 Nomis Credit and Collections Management Software Models, Specifications and Application
9.8.4 Nomis Credit and Collections Management Software Revenue and Gross Margin, 2018-2023
9.8.5 Nomis Recent Developments
9.9 Tally Technologies
9.9.1 Tally Technologies Company Information, Head Office, Market Area and Industry Position
9.9.2 Tally Technologies Company Profile and Main Business
9.9.3 Tally Technologies Credit and Collections Management Software Models, Specifications and Application
9.9.4 Tally Technologies Credit and Collections Management Software Revenue and Gross Margin, 2018-2023
9.9.5 Tally Technologies Recent Developments
9.10 Resolve
9.10.1 Resolve Company Information, Head Office, Market Area and Industry Position
9.10.2 Resolve Company Profile and Main Business
9.10.3 Resolve Credit and Collections Management Software Models, Specifications and Application
9.10.4 Resolve Credit and Collections Management Software Revenue and Gross Margin, 2018-2023
9.10.5 Resolve Recent Developments
9.11 Versapay
9.11.1 Versapay Company Information, Head Office, Market Area and Industry Position
9.11.2 Versapay Company Profile and Main Business
9.11.3 Versapay Credit and Collections Management Software Models, Specifications and Application
9.11.4 Versapay Credit and Collections Management Software Revenue and Gross Margin, 2018-2023
9.11.5 Versapay Recent Developments
9.12 InDebted
9.12.1 InDebted Company Information, Head Office, Market Area and Industry Position
9.12.2 InDebted Company Profile and Main Business
9.12.3 InDebted Credit and Collections Management Software Models, Specifications and Application
9.12.4 InDebted Credit and Collections Management Software Revenue and Gross Margin, 2018-2023
9.12.5 InDebted Recent Developments
9.13 ezyCollect
9.13.1 ezyCollect Company Information, Head Office, Market Area and Industry Position
9.13.2 ezyCollect Company Profile and Main Business
9.13.3 ezyCollect Credit and Collections Management Software Models, Specifications and Application
9.13.4 ezyCollect Credit and Collections Management Software Revenue and Gross Margin, 2018-2023
9.13.5 ezyCollect Recent Developments
9.14 Lockstep
9.14.1 Lockstep Company Information, Head Office, Market Area and Industry Position
9.14.2 Lockstep Company Profile and Main Business
9.14.3 Lockstep Credit and Collections Management Software Models, Specifications and Application
9.14.4 Lockstep Credit and Collections Management Software Revenue and Gross Margin, 2018-2023
9.14.5 Lockstep Recent Developments
9.15 Cogent
9.15.1 Cogent Company Information, Head Office, Market Area and Industry Position
9.15.2 Cogent Company Profile and Main Business
9.15.3 Cogent Credit and Collections Management Software Models, Specifications and Application
9.15.4 Cogent Credit and Collections Management Software Revenue and Gross Margin, 2018-2023
9.15.5 Cogent Recent Developments
9.16 FICO Network
9.16.1 FICO Network Company Information, Head Office, Market Area and Industry Position
9.16.2 FICO Network Company Profile and Main Business
9.16.3 FICO Network Credit and Collections Management Software Models, Specifications and Application
9.16.4 FICO Network Credit and Collections Management Software Revenue and Gross Margin, 2018-2023
9.16.5 FICO Network Recent Developments
9.17 Bilendo
9.17.1 Bilendo Company Information, Head Office, Market Area and Industry Position
9.17.2 Bilendo Company Profile and Main Business
9.17.3 Bilendo Credit and Collections Management Software Models, Specifications and Application
9.17.4 Bilendo Credit and Collections Management Software Revenue and Gross Margin, 2018-2023
9.17.5 Bilendo Recent Developments
10 Conclusion
11 Appendix
11.1 Research Methodology
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Market Estimation Model
11.4 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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