Market Highlights: Accounting software refers to a type of application that records and processes accounting transactions in functional segments such as Accounts Payable, Accounts Receivable, Journal, General Ledger, Payroll, and Trial Balance. It acts as an accounting information system that assists accountants in capturing and reporting a company's financial transactions. Different companies have different accounting software requirements. Some may just need general off-the-shelf accounting software, while others may need customized, complex accounting software. The main goal of accounting is to systematically record financial transactions to help users understand the day-to-day transactions systematically to gain knowledge of the overall business. The market study is being classified by Type (Cloud-based and On-premises), by Application (Small and Medium Enterprises (SMEs) and Large Enterprises) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Accounting Software for Consultants are Tipalti (United States), NetSuite (United States), Sage Intacct (United States), Cougar Mountain Software (United States), Deskera ERP (Singapore), Multiview (United States), Workday Adaptive Planning (United States), Budgyt (United States) and Divvy (United States).
Key Questions Answered in the Report What will the Accounting Software for Consultants Market size and the growth rate be in Future? What are the key factors driving the Accounting Software for Consultants Market? What are the key market trends and macro-economic impacting the growth of the Accounting Software for Consultants Market? What are the challenges to market growth? Who are the key vendors in the Accounting Software for Consultants Market? What are the market opportunities and threats faced by the vendors in the Accounting Software for Consultants Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Accounting Software for Consultants Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Accounting Software for Consultants market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Accounting Software for Consultants market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Providers of Accounting Software for Consultants, End-Users, Potential Investors, Market Research Firms and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.