Market Highlights: Recon software helps to control accounting system including cash, account, and position reconciliations. It reduces risk, increases compliance, and tightens controls for making more informed decisions. The market has high growth prospects owing to growing focus on business process automation and rising demand from end-use industries such as banks, insurance, retail, government, and others. The market study is being classified by Type (Cloud-Based Recon Software and On-Premises Recon Software), by Application (General Ledger, Financial Statements and Other Data) 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 Recon Software are ReconArt (United States), SmartStream (United Kingdom), BlackLine (United States), Fiserv (United States), SAP SE (Germany), Gresham Technologies (United Kingdom), IStream Financial Services (United States), Aurum Solution (Germany), Xero (New Zealand), Unit4 (Netherlands) and Cashbook (Ireland).
Key Questions Answered in the Report What will the Recon Software Market size and the growth rate be in Future? What are the key factors driving the Recon Software Market? What are the key market trends and macro-economic impacting the growth of the Recon Software Market? What are the challenges to market growth? Who are the key vendors in the Recon Software Market? What are the market opportunities and threats faced by the vendors in the Recon Software Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Recon Software Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Recon Software 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 Recon Software 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 Recon Software Developers, Technology Providers, Potential Investors, Government and Research Organizations, Trade Associations and Industry Bodies, Commercial Research & Development Institutions, Government Organizations 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.