The custom accounting software market is projected to grow at a considerable CAGR of around 9.0% during the forecast period (2019-2025). The rising inclination of accountants towards newly advanced and customized accounting software over the conventional software for accounting purposes is a major factor to drive the growth of the global custom accounting software market. The customized or personalized accounting software offers technological competitiveness that creates a favorable environment for the expansion of accounting activities. The accounting software is highly adopted for different application in several verticals such as business enterprise, education institution and others to manage payroll and performs several other accounting functions. This software is used to increase the efficiency of business accounting.
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This software is capable to manage account receivables, account payables, general ledger, and other accounting activities more effectively and efficiently. Moreover, customized accounting software is highly used to save time and money to perform complex and tedious accounting calculations in less time. These characteristics of this software propel the businesses of different domains to buy this software for performing complex calculations accurately without the required of the manpower. With the coming years, the technology is continuously evolving hence the user-interface of customized accounting software is projected to be more engaging to meet the increasing customer-specific requirements. The rising demand for the software that can meet the customer-specific requirements is anticipated to propel the growth of the global custom accounting software market.
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Global Custom Accounting Software Market Segmentation
Rest of Europe
Rest of Asia-Pacific
Rest of the World
AccountMate Software Corp.
Britec Computer Systems, Inc.
Campbell Custom Software Development Co.
Davis Software, Inc.
EZ Accounting Pte. Ltd.
Foundation Software, Inc.
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