Latest Study on S2P outsourcing Market 2019 and Brief Analysis of Top Companies- ATS Group, Aegis, Accenture, Xchanging, Infosys, Capgemini, Corbus, IBM, HP

The global S2P outsourcing market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million by 2025, at a CAGR of XX% during 2018 to 2025. Scope of global S2P outsourcing includes by Type (Source to Contact (S2C), Procure to Pay (P2P)), by Application (Consumer packaged goods (CPG), Manufacturing, Software & IT, Energy and Chemicals) and by Region (North America- U.S., Canada; Europe- Germany, U.K., France; Asia-Pacific- China, India, Japan; Latin America- Brazil, Mexico; Middle East & Africa- UAE, Saudi Arabia, South Africa).

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Key Companies Analyzed in S2P outsourcing Market Report are: - ATS Group, Aegis, Accenture, Xchanging, Infosys, Capgemini, Corbus, IBM, HP, CGI Inc.

Source-to-pay (S2P) is a software which important for smooth functioning of purchasing departments. This software enables various activities such as auctions, spend analysis, purchasing categories management, sourcing events, billing and vendor relations within the same solution. It is an effective strategy that gives one or more business activities to external company’s suppliers that then administer and manage the selected activity based on defined and measurable performance criteria. It supports clients operate efficiently, decreases time to market, and helps focus on core competencies.

Improved adoption of mobility in procurement processes and less time to market are anticipated to drive the s2p outsourcing market. However, long implementation lead time are hindering the growth of the market.

Based on Type:

Source to Contact (S2C)
Procure to Pay (P2P)

Based on Application:

Consumer packaged goods (CPG)
Manufacturing
Software and IT
Energy and Chemicals

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Moreover, the market is classified based on regions and countries as follows:

North America- U.S., Canada
Europe- Germany, U.K., France, Rest of Europe
Asia-Pacific- China, Japan, India, Rest of Asia Pacific
Latin America- Brazil, Mexico, Rest of Latin America

Middle East & Africa- UAE, South Africa, Saudi Arabia, Rest of Middle East & Africa
Key Benefits of the Report:

*Global, regional, country, propulsion type, and application market size and their forecast from 2019-2026

*Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market

*Detailed analysis on industry outlook with market specific Porter’s Five Forces analysis, PESTLE analysis, and Value Chain, to better understand the market and build expansion strategies

*Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points

*Analysis on Key players strategic initiatives and competitive developments, such as joint ventures, mergers, and new product launches in the market

Target Audience:

*S2P outsourcing Manufacturers & Technology Providers

*Traders, Importers, and Exporters

*Raw Material Suppliers and Distributors

*Research and Consulting Firms

*Government and Research Organizations

*Associations and Industry Bodies

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Research Methodology:

The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.

For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:

* Manufacturers

* Suppliers

* Distributors

* Government Body & Associations

* Research Institutes

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