Report Detail
Global Procure-to-Pay Suites Market Growth (Status and Outlook) 2019-2024
- RnM2837186 |
- 28 March, 2019 |
- Global |
- 130 Pages |
- LPI(LP Information) |
- Service & Software
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.
According to this study, over the next five years the Procure-to-Pay Suites market will register a 8.7% CAGR in terms of revenue, the global market size will reach US$ 2170 million by 2024, from US$ 1430 million in 2019. In particular, this report presents the global revenue market share of key companies in Procure-to-Pay Suites business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Procure-to-Pay Suites market by product type, application, key companies and key regions.
This study considers the Procure-to-Pay Suites value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Cloud Based
SaaS Based
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
SMEs
Large Enterprises
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
SAP Ariba
Coupa
Oracle
Basware
JAGGAER
GEP
Zycus
BirchStreet Systems
Proactis
Infor
SynerTrade
Comarch
Ivalua
Xeeva
Wax Digital
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Procure-to-Pay Suites 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 Procure-to-Pay Suites market by identifying its various subsegments.
Focuses on the key global Procure-to-Pay Suites 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 Procure-to-Pay Suites 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 Procure-to-Pay Suites 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 Contents
2019-2024 Global Procure-to-Pay Suites Market Report (Status and Outlook)
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Procure-to-Pay Suites Market Size 2014-2024
- 2.1.2 Procure-to-Pay Suites Market Size CAGR by Region
- 2.2 Procure-to-Pay Suites Segment by Type
- 2.2.1 Cloud Based
- 2.2.2 SaaS Based
- 2.3 Procure-to-Pay Suites Market Size by Type
- 2.3.1 Global Procure-to-Pay Suites Market Size Market Share by Type (2014-2019)
- 2.3.2 Global Procure-to-Pay Suites Market Size Growth Rate by Type (2014-2019)
- 2.4 Procure-to-Pay Suites Segment by Application
- 2.4.1 SMEs
- 2.4.2 Large Enterprises
- 2.5 Procure-to-Pay Suites Market Size by Application
- 2.5.1 Global Procure-to-Pay Suites Market Size Market Share by Application (2014-2019)
- 2.5.2 Global Procure-to-Pay Suites Market Size Growth Rate by Application (2014-2019)
3 Global Procure-to-Pay Suites by Players
- 3.1 Global Procure-to-Pay Suites Market Size Market Share by Players
- 3.1.1 Global Procure-to-Pay Suites Market Size by Players (2017-2019)
- 3.1.2 Global Procure-to-Pay Suites Market Size Market Share by Players (2017-2019)
- 3.2 Global Procure-to-Pay Suites Key Players Head office and Products Offered
- 3.3 Market Concentration Rate Analysis
- 3.3.1 Competition Landscape Analysis
- 3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.4 New Products and Potential Entrants
- 3.5 Mergers & Acquisitions, Expansion
4 Procure-to-Pay Suites by Regions
- 4.1 Procure-to-Pay Suites Market Size by Regions
- 4.2 Americas Procure-to-Pay Suites Market Size Growth
- 4.3 APAC Procure-to-Pay Suites Market Size Growth
- 4.4 Europe Procure-to-Pay Suites Market Size Growth
- 4.5 Middle East & Africa Procure-to-Pay Suites Market Size Growth
5 Americas
- 5.1 Americas Procure-to-Pay Suites Market Size by Countries
- 5.2 Americas Procure-to-Pay Suites Market Size by Type
- 5.3 Americas Procure-to-Pay Suites Market Size by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Procure-to-Pay Suites Market Size by Countries
- 6.2 APAC Procure-to-Pay Suites Market Size by Type
- 6.3 APAC Procure-to-Pay Suites Market Size by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Procure-to-Pay Suites by Countries
- 7.2 Europe Procure-to-Pay Suites Market Size by Type
- 7.3 Europe Procure-to-Pay Suites Market Size by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Procure-to-Pay Suites by Countries
- 8.2 Middle East & Africa Procure-to-Pay Suites Market Size by Type
- 8.3 Middle East & Africa Procure-to-Pay Suites Market Size by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Global Procure-to-Pay Suites Market Forecast
- 10.1 Global Procure-to-Pay Suites Market Size Forecast (2019-2024)
- 10.2 Global Procure-to-Pay Suites Forecast by Regions
- 10.2.1 Global Procure-to-Pay Suites Forecast by Regions (2019-2024)
- 10.2.2 Americas Market Forecast
- 10.2.3 APAC Market Forecast
- 10.2.4 Europe Market Forecast
- 10.2.5 Middle East & Africa Market Forecast
- 10.3 Americas Forecast by Countries
- 10.3.1 United States Market Forecast
- 10.3.2 Canada Market Forecast
- 10.3.3 Mexico Market Forecast
- 10.3.4 Brazil Market Forecast
- 10.4 APAC Forecast by Countries
- 10.4.1 China Market Forecast
- 10.4.2 Japan Market Forecast
- 10.4.3 Korea Market Forecast
- 10.4.4 Southeast Asia Market Forecast
- 10.4.5 India Market Forecast
- 10.4.6 Australia Market Forecast
- 10.5 Europe Forecast by Countries
- 10.5.1 Germany Market Forecast
- 10.5.2 France Market Forecast
- 10.5.3 UK Market Forecast
- 10.5.4 Italy Market Forecast
- 10.5.5 Russia Market Forecast
- 10.5.6 Spain Market Forecast
- 10.6 Middle East & Africa Forecast by Countries
- 10.6.1 Egypt Market Forecast
- 10.6.2 South Africa Market Forecast
- 10.6.3 Israel Market Forecast
- 10.6.4 Turkey Market Forecast
- 10.6.5 GCC Countries Market Forecast
- 10.7 Global Procure-to-Pay Suites Forecast by Type
- 10.8 Global Procure-to-Pay Suites Forecast by Application
11 Key Players Analysis
- 11.1 SAP Ariba
- 11.1.1 Company Details
- 11.1.2 Procure-to-Pay Suites Product Offered
- 11.1.3 SAP Ariba Procure-to-Pay Suites Revenue, Gross Margin and Market Share (2017-2019)
- 11.1.4 Main Business Overview
- 11.1.5 SAP Ariba News
- 11.2 Coupa
- 11.2.1 Company Details
- 11.2.2 Procure-to-Pay Suites Product Offered
- 11.2.3 Coupa Procure-to-Pay Suites Revenue, Gross Margin and Market Share (2017-2019)
- 11.2.4 Main Business Overview
- 11.2.5 Coupa News
- 11.3 Oracle
- 11.3.1 Company Details
- 11.3.2 Procure-to-Pay Suites Product Offered
- 11.3.3 Oracle Procure-to-Pay Suites Revenue, Gross Margin and Market Share (2017-2019)
- 11.3.4 Main Business Overview
- 11.3.5 Oracle News
- 11.4 Basware
- 11.4.1 Company Details
- 11.4.2 Procure-to-Pay Suites Product Offered
- 11.4.3 Basware Procure-to-Pay Suites Revenue, Gross Margin and Market Share (2017-2019)
- 11.4.4 Main Business Overview
- 11.4.5 Basware News
- 11.5 JAGGAER
- 11.5.1 Company Details
- 11.5.2 Procure-to-Pay Suites Product Offered
- 11.5.3 JAGGAER Procure-to-Pay Suites Revenue, Gross Margin and Market Share (2017-2019)
- 11.5.4 Main Business Overview
- 11.5.5 JAGGAER News
- 11.6 GEP
- 11.6.1 Company Details
- 11.6.2 Procure-to-Pay Suites Product Offered
- 11.6.3 GEP Procure-to-Pay Suites Revenue, Gross Margin and Market Share (2017-2019)
- 11.6.4 Main Business Overview
- 11.6.5 GEP News
- 11.7 Zycus
- 11.7.1 Company Details
- 11.7.2 Procure-to-Pay Suites Product Offered
- 11.7.3 Zycus Procure-to-Pay Suites Revenue, Gross Margin and Market Share (2017-2019)
- 11.7.4 Main Business Overview
- 11.7.5 Zycus News
- 11.8 BirchStreet Systems
- 11.8.1 Company Details
- 11.8.2 Procure-to-Pay Suites Product Offered
- 11.8.3 BirchStreet Systems Procure-to-Pay Suites Revenue, Gross Margin and Market Share (2017-2019)
- 11.8.4 Main Business Overview
- 11.8.5 BirchStreet Systems News
- 11.9 Proactis
- 11.9.1 Company Details
- 11.9.2 Procure-to-Pay Suites Product Offered
- 11.9.3 Proactis Procure-to-Pay Suites Revenue, Gross Margin and Market Share (2017-2019)
- 11.9.4 Main Business Overview
- 11.9.5 Proactis News
- 11.10 Infor
- 11.10.1 Company Details
- 11.10.2 Procure-to-Pay Suites Product Offered
- 11.10.3 Infor Procure-to-Pay Suites Revenue, Gross Margin and Market Share (2017-2019)
- 11.10.4 Main Business Overview
- 11.10.5 Infor News
- 11.11 SynerTrade
- 11.12 Comarch
- 11.13 Ivalua
- 11.14 Xeeva
- 11.15 Wax Digital
12 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Procure-to-Pay Suites . Industry analysis & Market Report on Procure-to-Pay Suites is a syndicated market report, published as Global Procure-to-Pay Suites Market Growth (Status and Outlook) 2019-2024. It is complete Research Study and Industry Analysis of Procure-to-Pay Suites market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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