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SaaS-Based Expense Management Market Show at 8.0% CAGR to 2024 | Concur Technologies, SAP Ariba, IBM, Infor, Oracle, Apptricity, SumTotal Systems, Insperity, SuitSoft, Certify

04-12-2019 02:23 PM CET | IT, New Media & Software

Press release from: ReportsWeb

ReportsWeb

ReportsWeb

Global SaaS-Based Expense Management Market Growth Status and Outlook 2019-2024

SaaS-based expense management includes the deployment of expense management systems as a web-based subscription service. This system helps in controlling and monitoring expense reports, thereby streamlining the business process and preventing fraud and human error. It also increases visibility across the entire reimbursement claim process, reducing travel costs and improving the efficiency of enterprises.

The SaaS-based system is operated by a third-party organization as opposed to the installation and maintenance of an on-site business system. SaaS-based expense management has succeeded in changing the procurement of expense management systems from a capital expenditure to a pay-per-use subscription arrangement.

In recent years, SAP acquired Ariba and Concur ,become the undisputed no.1 player, IBM is constantly strengthening cooperation with SAP, Oracle acquired NetSuite, K1 Investment Management combined Certify, Nexonia, ExpenseWatch and Tallie to create the largest independent company, consider other small companies, it's easy to forecast, the competition will be more intense

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Companies Profiled in this report includes: Concur Technologies, SAP Ariba, IBM, Infor, Oracle, Apptricity, SumTotal Systems, Insperity, SuitSoft, Certify, Expensify, Abacus, Nexonia,Unit4, Zoho Expense, Xpenditure, AccountSight, NetSuite

North America will remain the largest market.

China ---- the world's second largest economy will remain a high growth:

Local companies is smaller, it's difficult to meet the requirements of large enterprises. some player can only supply standard version.
II.Affected by the traditional concept, most leaders of small and medium companies do not want to use management software, but now they began to realize the importance of software, and be willing to spend money.

III.With the development of China's economy, travel costs continue to increase, the market has been expanding.

According to this study, over the next five years the SaaS-Based Expense Management market will register a 8.0% CAGR in terms of revenue, the global market size will reach US$ 3000 million by 2024, from US$ 1890 million in 2019. In particular, this report presents the global revenue market share of key companies in SaaS-Based Expense Management business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of SaaS-Based Expense Management market by product type, application, key companies and key regions.

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Research objectives

To study and analyze the global SaaS-Based Expense Management market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

To understand the structure of SaaS-Based Expense Management market by identifying its various subsegments.

Focuses on the key global SaaS-Based Expense Management players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the SaaS-Based Expense Management with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the size of SaaS-Based Expense Management submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Content:

2019-2024 Global SaaS-Based Expense Management Market Report (Status and Outlook)

1 Scope of the Report

2 Executive Summary

3 Global SaaS-Based Expense Management by Players

4 SaaS-Based Expense Management by Regions

5 Americas

6 APAC

7 Europe

8 Middle East & Africa

9 Market Drivers, Challenges and Trends

10 Global SaaS-Based Expense Management Market Forecast

11 Key Players Analysis

11.1 Concur Technologies

11.1.1 Company Details

11.1.2 SaaS-Based Expense Management Product Offered

11.1.3 Concur Technologies SaaS-Based Expense Management Revenue, Gross Margin and Market Share (2017-2019)

11.1.4 Main Business Overview

11.1.5 Concur Technologies News

11.2 SAP Ariba

11.2.1 Company Details

11.2.2 SaaS-Based Expense Management Product Offered

11.2.3 SAP Ariba SaaS-Based Expense Management Revenue, Gross Margin and Market Share (2017-2019)

11.2.4 Main Business Overview

11.2.5 SAP Ariba News

11.3 IBM

11.3.1 Company Details

11.3.2 SaaS-Based Expense Management Product Offered

11.3.3 IBM SaaS-Based Expense Management Revenue, Gross Margin and Market Share (2017-2019)

11.3.4 Main Business Overview

11.3.5 IBM News

11.4 Infor

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Contact Info:
Name: Sameer Joshi
Email: sales@reportsweb.com
Company Name: ReportsWeb
Website: Reportsweb.com

Phone: +1-646-491-9876

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