Share this article Share this article ResearchAndMarkets.com's offering. Amid the COVID-19 crisis, the global market for Accounts Receivable Automation estimated at US$1.9 Billion in the year 2020, is projected to reach a revised size of US$3.8 Billion by 2027, growing at a CAGR of 10.7% over the period 2020-2027. On-Premise, one of the segments analyzed in the report, is projected to record 10.2% CAGR and reach US$2.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cloud segment is readjusted to a revised 11.8% CAGR for the next 7-year period.