AR Automation Adoption Among the Global Top 100
AR Automation Adoption Among the Global Top 100

This report delves into the adoption of AR Automation by the Global Top 100 companies, both privately-held and publicly-traded, as ranked by size, including employee count and revenue metrics, such as those found in the Fortune 1000 and Global 2000 listings. We explore how these leading enterprises are leveraging AR Automation to pursue strategic goals and drive lasting benefits across various business functions.

The adoption of AR Automation within these top companies reveals significant investments in ERP Financial Management technology, highlighting a broad and diverse approach. These organizations frequently partner with multiple vendors, integrating complementary ERP Financial Management solutions to achieve their business objectives. This multi-vendor approach allows them to tailor ERP Financial Management deployments that drive competitive advantages, operational efficiencies, and overall sustainability.

Our latest findings detail the software purchases related to AR Automation among these top 100 enterprises, their technology investments span a range of ERP Financial Management tools and solutions, underscoring the complexity of ERP Financial Management adoption at this level.

AR Automation Vendors Among the Global Top 100

FIS Global currently holds a 69% market share in the AR Automation space, making it the leading provider among the Global Top 100, followed by Exela Technologies, SAP, Oracle, and HighRadius.

VendorsAR Automation AppsMarket Share
FIS GlobalFIS GETPAID69%
Exela TechnologiesExela Lockbox16%
SAPSAP ERP ECC 6.0 – Accounts Receivable (AR), SAP S/4 HANA – Accounts Receivables5%
OracleOracle Receivables, Oracle PeopleSoft Receivables, Oracle Fusion Cloud Financials Accounts Receivable3%
HighRadiusRadiusOne AR Suite3%
BlackLineBlackLine Cash Application1%
CorcentricCorcentric ManagedAR1%
ChargebeeChargebee numberz1%
SidetradeSidetrade Augmented Cash1%
Grand Total100%

The insights derived from our research will empower marketers, product managers, and IT professionals to better understand the adoption trends shaping the future of AR Automation. These trends can potentially lead to significant shifts within the competitive landscape, impacting strategies and market positioning for years to come.

By monitoring these top enterprises and their technology choices, we equip our clients with the knowledge needed to anticipate changes and stay ahead in the rapidly transforming world of enterprise software and ERP Financial Management innovation.

Custom data cuts related to the AR Automation Market are available:

  • Top AR Automation Vendors, Market Size and Market Forecast 2023-2027
  • AR Automation Market By Vertical Market (21 Industry)
  • AR Automation Market By Country (USA + 45 countries)
  • AR Automation Market By Region (Americas, EMEA, APAC)
  • AR Automation Market By Customer Size (revenue, employee count, asset)
  • AR Automation Market By Channel (Direct vs Indirect)
  • AR Automation Market By Vendor or Product
    Buyer Intent: Companies Reading this Research Report
    ARTW Buyer Intent uncovers actionable customer signals, identifying software buyers actively reading this research report. Gain ongoing access to real-time prospects and uncover hidden opportunities. Companies Actively accessing this research report include:
    1. DataBank IMX LLC, a United States based Professional Services organization with 700 Employees
    2. D.Velop, a Germany based Professional Services company with 208 Employees
    LogoCompanyIndustryEmployeesRevenueCountryEvaluated

Global Top 100 adopting AR Automation

The influence of these top 100 organizations on the broader ERP Financial Management market is profound, despite their representation of only a small segment of the digital transformations we track annually. These companies often serve as early adopters and trendsetters, shaping the future of ERP Financial Management and driving innovations that impact the industry at large.

Our Buyer Insight Technographics Database provides a closer look at these major organizations, capturing the size and intricacy of their IT stacks, along with the frequency of their technology investments. This unique database reveals patterns in ERP Financial Management adoption and highlights emerging trends, which are crucial for understanding the evolving landscape of AR Automation.

Our research team continuously tracks the adoption of various AR Automation, drawing on both publicly available information, such as press releases and case studies, and proprietary data sources. Each quarter, we update our records to reflect new ERP Financial Management implementations, providing clients with current and relevant insights into market shifts.

Here are the Global Top 100 companies and their adoption of AR Automation

CustomerIndustryEmployeesRevenueCountryVendorAR Automation AppsWhen
AccentureProfessional Services750000$64.1BIrelandFIS GlobalFIS GETPAID2013
United States Postal ServiceTransportation640000$78.4BUnited StatesExela TechnologiesExela Lockbox2014
Tata Consultancy ServicesProfessional Services616000$29.0BIndiaFIS GlobalFIS GETPAID2017
Home DepotRetail465000$15.7BUnited StatesFIS GlobalFIS GETPAID2016
UHGHealthcare440000$324.1BUnited StatesFIS GlobalFIS GETPAID2012
KrogerRetail414000$150.0BUnited StatesOracleOracle Receivables2020
SecuritasProfessional Services358000$3.7BSwedenSidetradeSidetrade Augmented Cash2017
CognizantProfessional Services347700$19.4BUnited StatesFIS GlobalFIS GETPAID2015
PepsiCoConsumer Packaged Goods318000$91.5BUnited StatesFIS GlobalFIS GETPAID2010
JP Morgan ChaseBanking and Financial Services313206$155.0BUnited StatesExela TechnologiesExela Lockbox2007
IBMProfessional Services282200$61.9BUnited StatesFIS GlobalFIS GETPAID2015
OptumHealthcare234000$226.6BUnited StatesFIS GlobalFIS GETPAID2012
CitiBanking and Financial Services229000$78.5BUnited StatesExela TechnologiesExela Lockbox2016
Wells Fargo BankBanking and Financial Services222544$82.6BUnited StatesExela TechnologiesExela Lockbox2017
Bank of AmericaBanking and Financial Services212000$98.6BUnited StatesExela TechnologiesExela Lockbox2018
SubscribeMedia173250$88.9BUnited StatesFIS GlobalFIS GETPAID2015
SubscribeManufacturing172000$76.6BUnited StatesFIS GlobalFIS GETPAID2010
SubscribeConsumer Packaged Goods154540$65.3BBelgiumFIS GlobalFIS GETPAID2008
SubscribeCommunications146040$122.4BUnited StatesFIS GlobalFIS GETPAID2000
SubscribeConsumer Packaged Goods139000$52.9BUnited StatesHighRadiusRadiusOne AR Suite2022
SubscribeLife Sciences131900$85.2BUnited StatesFIS GlobalFIS GETPAID2000
SubscribeProfessional Services130000$13.7BUnited StatesFIS GlobalFIS GETPAID2012
SubscribeConsumer Packaged Goods128377$59.6BUnited KingdomFIS GlobalFIS GETPAID2007
SubscribeLife Sciences122000$42.9BUnited StatesFIS GlobalFIS GETPAID2017
SubscribeManufacturing120000$88.4BUnited StatesFIS GlobalFIS GETPAID2004
SubscribeProfessional Services114000$18.1BUnited KingdomFIS GlobalFIS GETPAID2017
SubscribeLife Sciences111422$75.3BGermanyFIS GlobalFIS GETPAID2004
SubscribeTransportation106000$53.7BUnited StatesFIS GlobalFIS GETPAID2000
SubscribeTransportation105909$81.5BDenmarkFIS GlobalFIS GETPAID2015
SubscribeProfessional Services100000$26.8BIrelandFIS GlobalFIS GETPAID2018
SubscribeProfessional Services99000$33.1BUnited StatesFIS GlobalFIS GETPAID2005
SubscribeManufacturing95000$36.7BUnited StatesFIS GlobalFIS GETPAID2001
SubscribeManufacturing92000$20.8BIrelandFIS GlobalFIS GETPAID2013
SubscribeConsumer Packaged Goods91000$36.0BUnited StatesFIS GlobalFIS GETPAID2004
SubscribeConsumer Packaged Goods90000$33.2BNetherlandsFIS GlobalFIS GETPAID2012
SubscribeLife Sciences88000$58.5BUnited StatesFIS GlobalFIS GETPAID2007
SubscribeProfessional Services84000$6.2BFranceFIS GlobalFIS GETPAID2011
SubscribeManufacturing83000$61.3BUnited StatesExela TechnologiesExela Lockbox2017
SubscribeBanking and Financial Services74600$60.4BUnited StatesExela TechnologiesExela Lockbox2002
SubscribeBanking and Financial Services74000$28.2BUnited StatesExela TechnologiesExela Lockbox2016
SubscribeDistribution72000$76.3BUnited StatesFIS GlobalFIS GETPAID2013
SubscribeManufacturing71000$18.0BUnited StatesFIS GlobalFIS GETPAID2007
SubscribeHealthcare70000$13.0BUnited StatesExela TechnologiesExela Lockbox2012
SubscribeRetail69440$16.3BUnited StatesOracleOracle PeopleSoft Receivables2012
SubscribeManufacturing69000$17.4BUnited StatesFIS GlobalFIS GETPAID2013
SubscribeOil, Gas and Chemicals67100$32.9BFranceFIS GlobalFIS GETPAID2011
SubscribeManufacturing67000$17.0BUnited StatesFIS GlobalFIS GETPAID2006
SubscribeManufacturing64000$23.1BUnited StatesFIS GlobalFIS GETPAID2012
SubscribeInsurance61432$62.1BUnited StatesExela TechnologiesExela Lockbox2017
SubscribeInsurance61000$79.4BUnited StatesExela TechnologiesExela Lockbox2011
SubscribeDistribution60373$871MIndiaChargebeeChargebee numberz2015
SubscribeLife Sciences60000$14.8BUnited StatesFIS GlobalFIS GETPAID2018
SubscribeUtilities58000$25.5BUnited StatesFIS GlobalFIS GETPAID2005
SubscribeProfessional Services58000$63.0BUnited StatesFIS GlobalFIS GETPAID2010
SubscribeManufacturing53599$13.9BGermanyFIS GlobalFIS GETPAID2000
SubscribeInsurance53000$57.1BUnited StatesExela TechnologiesExela Lockbox2011
SubscribeManufacturing52000$20.5BUnited StatesFIS GlobalFIS GETPAID2016
SubscribeManufacturing51370$16.1BSwitzerlandSAPSAP ERP ECC 6.0 – Accounts Receivable (AR)2018
SubscribeBanking and Financial Services51300$36.8BUnited StatesFIS GlobalFIS GETPAID2012
SubscribeHealthcare51000$19.6BUnited StatesFIS GlobalFIS GETPAID2003
SubscribeDistribution51000$30.9BUnited StatesFIS GlobalFIS GETPAID2018
SubscribeManufacturing50500$15.8BUnited StatesFIS GlobalFIS GETPAID2011
SubscribeInsurance50000$49.4BUnited StatesFIS GlobalFIS GETPAID2012
SubscribeManufacturing49000$13.9BUnited StatesFIS GlobalFIS GETPAID2012
SubscribeLife Sciences48000$14.2BUnited StatesFIS GlobalFIS GETPAID2002
SubscribeManufacturing47750$23.5BGermanyFIS GlobalFIS GETPAID2010
SubscribeManufacturing47000$12.7BUnited StatesFIS GlobalFIS GETPAID2012
SubscribeManufacturing46063$1.6BMexicoFIS GlobalFIS GETPAID2004
SubscribeOil, Gas and Chemicals46000$20.3BUnited StatesFIS GlobalFIS GETPAID2004
SubscribeBanking and Financial Services45300$47.4BUnited StatesFIS GlobalFIS GETPAID2010
SubscribeProfessional Services44500$8.8BUnited StatesFIS GlobalFIS GETPAID2002
SubscribeProfessional Services43210$31.5BNetherlandsHighRadiusRadiusOne AR Suite2020
SubscribeManufacturing42000$16.5BUnited StatesFIS GlobalFIS GETPAID2015
SubscribeManufacturing42000$10.2BUnited StatesFIS GlobalFIS GETPAID2014
SubscribeBanking and Financial Services40450$12.5BUnited StatesFIS GlobalFIS GETPAID2016
SubscribeBanking and Financial Services40366$54.3BUnited StatesExela TechnologiesExela Lockbox2013
SubscribeManufacturing40213$93.9BUnited StatesFIS GlobalFIS GETPAID2015
SubscribeRetail40000$11.2BUnited StatesFIS GlobalFIS GETPAID2014
SubscribeLife Sciences39000$239.0BUnited StatesFIS GlobalFIS GETPAID2018
SubscribeProfessional Services38300$14.1BUnited StatesFIS GlobalFIS GETPAID2007
SubscribeRetail38000$8.6BUnited StatesOracleOracle Fusion Cloud Financials Accounts Receivable2021
SubscribeRetail37825$8.8BUnited StatesSAPSAP ERP ECC 6.0 – Accounts Receivable (AR)2014
SubscribeInsurance37000$32.2BUnited StatesExela TechnologiesExela Lockbox2013
SubscribeConsumer Packaged Goods36000$26.6BUnited StatesFIS GlobalFIS GETPAID2014
SubscribeDistribution36000$40.0BUnited StatesHighRadiusRadiusOne AR Suite2021
SubscribeTransportation35000$10.0BUnited StatesCorcentricCorcentric ManagedAR2020
SubscribeBanking and Financial Services35000$7.0BUnited StatesFIS GlobalFIS GETPAID2003
SubscribeMedia35000$39.2BUnited StatesFIS GlobalFIS GETPAID1999
SubscribeBanking and Financial Services34749$13.1BAustraliaFIS GlobalFIS GETPAID2016
SubscribeHealthcare34100$45.0BUnited StatesFIS GlobalFIS GETPAID2001
SubscribeDistribution34000$8.6BUnited StatesFIS GlobalFIS GETPAID2005
SubscribeProfessional Services33100$23.0BGermanyFIS GlobalFIS GETPAID2004
SubscribeBanking and Financial Services32338$10.3BSingaporeSAPSAP ERP ECC 6.0 – Accounts Receivable (AR)2013
SubscribeMedia31000$18.0BUnited KingdomFIS GlobalFIS GETPAID2016
SubscribeManufacturing30849$17.0BItalyBlackLineBlackLine Cash Application2017
SubscribeInsurance30584$3.6BUnited StatesExela TechnologiesExela Lockbox2010
SubscribeBanking and Financial Services30000$1.4BMalaysiaSAPSAP S/4 HANA – Accounts Receivables2016
SubscribeRetail29000$5.9BJapanSAPSAP ERP ECC 6.0 – Accounts Receivable (AR)2008
SubscribeCommunications28500$33.6BUnited StatesFIS GlobalFIS GETPAID2000
SubscribeUtilities27037$29.1BUnited StatesExela TechnologiesExela Lockbox2016

Source: APPS RUN THE WORLD, October 2024

Research Methodology

Each year our global team of researchers conduct an annual survey of thousands of enterprise software vendors by contacting them directly on their latest quarterly and annual revenues by country, functional area, and vertical market. We supplement their written responses with our own primary research to determine quarterly and yearly growth rates, In addition to customer wins to ascertain whether these are net new purchases or expansions of existing implementations.

Another dimension of our proactive research process is through continuous improvement of our customer database, which stores more than ten million software purchases and records on the enterprise software landscape of over 2 million organizations around the world.

The database provides customer insight and contextual information on what types of enterprise software systems and other relevant technologies are they running and their propensity to invest further with their current or new suppliers as part of their overall IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

The result is a combination of supply-side data and demand-generation customer insight that allows our clients to better position themselves in anticipation of the next wave that will reshape the enterprise software marketplace for years to come.