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SOURCE Research and Markets
DUBLIN, May 16, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/r5shbs/india_accounting) has announced the addition of the "India Accounting Software Market Forecast and Opportunities, 2019" report to their offering.
According to India Accounting Software Market Forecast & Opportunities, 2019, the revenues of accounting software market are forecast to grow at a CAGR of around 16% during 2014-19. The demand for accounting software is expected to be driven majorly by rapidly increasing adoption of online and customized accounting software.
The growth of Legal Process Outsourcing (LPO) market in India would also augment the usage of accounting software in LPO companies. In India, southern region is the leader in accounting software market on the back of well-established IT infrastructure, increasing IT spending along with presence of large number of SMBs and financial institutions.
In addition, International Financial Reporting Standards (IFRS) are expected to be implemented in India from 1st April 2015, which would further spur the demand for accounting software in the country over the forecast period. In Indian accounting software industry, Tally Solutions Pvt. Ltd. is the market leader in terms of revenues, followed by Busy Infotech Pvt. Ltd., Marg Compusoft Pvt. Ltd. and Intuit Technology Services Pvt. Ltd.
A comprehensive accounting software offers a multitude of benefits such as providing sales / tax invoicing and excise invoicing, cost estimates, customer information, billing, book keeping, credit management, financial statement, interest calculation, scenario management, multi-currency accounting, etc., to an organization. Modern-day accounting systems are equipped with automated features and multi-user accessibility.
Key Topics Covered:
1. Research Methodology
2. Analyst Briefing
3. India Software Industry Market Outlook
4. India Accounting Software Market Outlook
5. India Accounting Software Pricing Analysis
6. India Finance & Legal Process Outsourcing Services
7. Market Dynamics
8. Market Trends & Developments
9. India Economic Outlook
10. Competitive Landscape
11. Customer Feedback
12. Strategic Recommendations
For more information visit http://www.researchandmarkets.com/research/r5shbs/india_accounting
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