Press release
Procure To Pay Solutions Market – Major Technology Giants in Buzz Again | Arvato, Ivalua, Coupa Software, ProActis
Procure To Pay Solutions
The global Procure To Pay Solutions market is expected to witness high demand in the forecasted period due to increasing demand for Procure To Pay Solutions in various end-user industries. A procure-to-pay system is also known as a purchase-to-pay system. It's a completely integrated solution that supports an end-to-end procedure that starts with requisitioning products and services and concludes with ready-to-play files for upload into an accounts payable system. Procurement, which includes Catalog, Requisition, and Purchase Order Management, Invoicing, which includes Invoice Receiving, Document Matching, Approval Workflow, Inventory Management, which includes Inventory Levels, Track Cycle Counts, Manage Asset Allocation, Dynamic Discounting, and Others, are some of the functions of the Procure To Pay Solutions.
Some of the key players profiled in the study are:
Zycus (United States), Arvato (Germany), GEP (United States), SAP (Germany), Ivalua Inc. (United States), Coupa Software Inc (United States), Tata Consultancy Services Limited. (India), Infosys (India), Bertelsmann SE & Co.(Germany) and ProActis (United Kingdom)
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Market Leaders and their expansionary development strategies
On 26th June 2019, Coupa Software, a leader in Business Spend Management (BSM), has announced new innovations under its Coupa Pay offering as well as a strategic partnership with global payments technology provider TransferMate. These announcements deliver on Coupa’s vision of creating a comprehensive cloud platform for businesses to spend smarter, simpler, and safer at every transactional step of their Business Spend Management strategy.
On 6th June 2019, JAGGAER, the world’s largest independent spend management company has announced a partnership with EdgeVerve Systems, a subsidiary of Infosys, to develop innovative software products for customers in multiple industries including manufacturing, retail, logistics, and higher education. EdgeVerve offers best in class Artificial Intelligence capabilities with Infosys Nia, and Intelligent Automation (RPA) capabilities with AssistEdge. The solutions will be delivered to customers through the JAGGAER ONE spend management solution suite.
Advance Market Analytics published a new research publication on “Global Procure To Pay Solutions Market Insights, to 2026” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Procure To Pay Solutions market was mainly driven by the increasing R&D spending across the world.
Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Procure To Pay Solutions Market various segments and emerging territory.
The titled segments and sub-section of the market are illuminated below:
by Deployment Mode (Cloud Based, On-Premise), Organization Size (Large Enterprise, Small and Medium Enterprise), Industry Vertical (BFSI, Healthcare, Oil & Gas, Telecommunication, Retail, Automotive, Others), Functions (Procurement, Invoicing, Inventory Management, Dynamic Discounting, Others), Component (Integrated Procure to Pay (P2P) Suites, Software, -Purchase Requisition Software, -Purchase Order Management Software, -Invoicing Management Software, -Contract Management Software, -Vendor Management Software, Services, -Integration & Deployment, -Consulting, -Support & Maintenance)
Market Trend
• Upsurging Demand for Spend Analysis and Data-Driven Sourcing
• High Adoption due to Increasing Need to minimize Total Expenditure Enterprise Infrastructure
Market Drivers
• The Growing use of the Cloud-Based Unified Solutions of the Procure Pay
• Rising Demand from Various End User Industries
Opportunities
• Introduction of Artificial Intelligence in the Procure To Pay Solutions
• Growing Demand from the Developing Countries
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
Have Any Questions Regarding Global Procure To Pay Solutions Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/108349-global-procure-to-pay-solutions-market
Strategic Points Covered in Table of Content of Global Procure To Pay Solutions Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Procure To Pay Solutions market
Chapter 2: Exclusive Summary – the basic information of the Procure To Pay Solutions Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Procure To Pay Solutions
Chapter 4: Presenting the Procure To Pay Solutions Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Procure To Pay Solutions market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2026)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Procure To Pay Solutions Market is a valuable source of guidance for individuals and companies.
Read Detailed Index of full Research Study at @ https://www.advancemarketanalytics.com/request-discount/108349-global-procure-to-pay-solutions-market
Key questions answered
• Who are the Leading key players and what are their Key Business plans in the Global Procure To Pay Solutions market?
• What are the key concerns of the five forces analysis of the Global Procure To Pay Solutions market?
• What are different prospects and threats faced by the dealers in the Global Procure To Pay Solutions market?
• What are the strengths and weaknesses of the key vendors?
Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
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About Author:
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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