Procure-to-Pay Suites Market 2019 Global Trends, Market Share, Industry Size, Growth, Opportunities and Forecast to 2024
Global Procure-to-Pay Suites market size was 1430 million US$ and it is expected to reach 2600 million US$ by the end of 2025, with a CAGR of 8.9% during 2019-2025
Pune, India – March 28, 2019 /MarketersMedia/ —
Summary
WiseGuyReports.com adds “Procure-to-Pay Suites Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database.
Procure-to-pay is a term used in the software industry to designate a specific subdivision of the procurement process. The procure-to-pay systems enable the integration of the purchasing department with the accounts payable (AP) department. Some of the largest players of the software industry agree on a common definition of procure-to-pay, linking the procurement process and financial department. The steps usually included are: Supply management; Cart or requisition; Purchase order; Receiving; Invoice reconciliation; Accounts payable.
On the basis of type, the Procure-to-Pay Suites market is segmented into Cloud-based and SaaS Based. The Cloud-based segment is expected to account for the larger share of the global market in 2018.
Over the past two decades the procurement process has undergone significant change, transitioning from a paper-based order process to a strategic business function. The tools of procurement have also changed, reflecting the larger acceptance of technology and computerization in B2B relations overall. Beginning with the development of e-purchasing and catalog management, e-procurement tools have matured with integration of e-invoicing and invoice automation, creating whole procure-to-pay (P2P) suites.
In 2018, the global Procure-to-Pay Suites market size was 1430 million US$ and it is expected to reach 2600 million US$ by the end of 2025, with a CAGR of 8.9% during 2019-2025.
This report focuses on the global Procure-to-Pay Suites status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Procure-to-Pay Suites development in United States, Europe and China.
The key players covered in this study
SAP Ariba
Coupa
Oracle
Basware
JAGGAER
GEP
Zycus
BirchStreet Systems
Proactis
Infor
SynerTrade
Comarch
Ivalua
Xeeva
Wax Digital
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Market segment by Type, the product can be split into
Cloud Based
SaaS Based
Market segment by Application, split into
SMEs
Large Enterprises
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Procure-to-Pay Suites status, future forecast, growth opportunity, key market and key players.
To present the Procure-to-Pay Suites development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Procure-to-Pay Suites are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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Major Key Points in Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Procure-to-Pay Suites Market Size Growth Rate by Type (2014-2025)
1.4.2 Cloud Based
1.4.3 SaaS Based
1.5 Market by Application
1.5.1 Global Procure-to-Pay Suites Market Share by Application (2014-2025)
1.5.2 SMEs
1.5.3 Large Enterprises
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Procure-to-Pay Suites Market Size
2.2 Procure-to-Pay Suites Growth Trends by Regions
2.2.1 Procure-to-Pay Suites Market Size by Regions (2014-2025)
2.2.2 Procure-to-Pay Suites Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities
……
12 International Players Profiles
12.1 SAP Ariba
12.1.1 SAP Ariba Company Details
12.1.2 Company Description and Business Overview
12.1.3 Procure-to-Pay Suites Introduction
12.1.4 SAP Ariba Revenue in Procure-to-Pay Suites Business (2014-2019)
12.1.5 SAP Ariba Recent Development
12.2 Coupa
12.2.1 Coupa Company Details
12.2.2 Company Description and Business Overview
12.2.3 Procure-to-Pay Suites Introduction
12.2.4 Coupa Revenue in Procure-to-Pay Suites Business (2014-2019)
12.2.5 Coupa Recent Development
12.3 Oracle
12.3.1 Oracle Company Details
12.3.2 Company Description and Business Overview
12.3.3 Procure-to-Pay Suites Introduction
12.3.4 Oracle Revenue in Procure-to-Pay Suites Business (2014-2019)
12.3.5 Oracle Recent Development
12.4 Basware
12.4.1 Basware Company Details
12.4.2 Company Description and Business Overview
12.4.3 Procure-to-Pay Suites Introduction
12.4.4 Basware Revenue in Procure-to-Pay Suites Business (2014-2019)
12.4.5 Basware Recent Development
12.5 JAGGAER
12.5.1 JAGGAER Company Details
12.5.2 Company Description and Business Overview
12.5.3 Procure-to-Pay Suites Introduction
12.5.4 JAGGAER Revenue in Procure-to-Pay Suites Business (2014-2019)
12.5.5 JAGGAER Recent Development
12.6 GEP
12.6.1 GEP Company Details
12.6.2 Company Description and Business Overview
12.6.3 Procure-to-Pay Suites Introduction
12.6.4 GEP Revenue in Procure-to-Pay Suites Business (2014-2019)
12.6.5 GEP Recent Development
12.7 Zycus
12.7.1 Zycus Company Details
12.7.2 Company Description and Business Overview
12.7.3 Procure-to-Pay Suites Introduction
12.7.4 Zycus Revenue in Procure-to-Pay Suites Business (2014-2019)
12.7.5 Zycus Recent Development
12.8 BirchStreet Systems
12.8.1 BirchStreet Systems Company Details
12.8.2 Company Description and Business Overview
12.8.3 Procure-to-Pay Suites Introduction
12.8.4 BirchStreet Systems Revenue in Procure-to-Pay Suites Business (2014-2019)
12.8.5 BirchStreet Systems Recent Development
12.9 Proactis
12.9.1 Proactis Company Details
12.9.2 Company Description and Business Overview
12.9.3 Procure-to-Pay Suites Introduction
12.9.4 Proactis Revenue in Procure-to-Pay Suites Business (2014-2019)
12.9.5 Proactis Recent Development
12.10 Infor
12.10.1 Infor Company Details
12.10.2 Company Description and Business Overview
12.10.3 Procure-to-Pay Suites Introduction
12.10.4 Infor Revenue in Procure-to-Pay Suites Business (2014-2019)
12.10.5 Infor Recent Development
12.11 SynerTrade
12.12 Comarch
12.13 Ivalua
12.14 Xeeva
12.15 Wax Digital
Continued….
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