SaaS-Based Expense Management Market
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.
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In 2017, the global SaaS-Based Expense Management market size was 1890 million US$ and it is expected to reach 3470 million US$ by the end of 2025, with a CAGR of 7.9% during 2018-2025.
Major Players in SaaS-Based Expense Management market are: Concur Technologies, SAP Ariba, IBM, Infor, Oracle, Apptricity, SumTotal Systems, Insperity, SuitSoft, Certify, Expensify, Abacus, Nexonia, Unit4, Zoho Expense, Xpenditure, AccountSight, NetSuite.
Major Regions play vital role in SaaS-Based Expense Management market are: United States, Europe, China, Japan, Southeast Asia, India.
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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Scope of the Report:
Global SaaS-Based Expense Management Market: Type Outlook: Travel and Expense Management, Telecom Expense management, Others.
Global SaaS-Based Expense Management Market: Application Outlook: Small and Medium Business, Large Business, Others.
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This research report is an exhaustive study of the SaaS-Based Expense Management market report 2018, which attempts to present a clear picture of the key factors that shape this market to the readers. The assessments of a number of market segments, distinguished on the basis of the products, their applications, and the geographies, comes under the scope of this research study.
For studying the report in a detailed yet brief manner have a look at the parts used in the SaaS-Based Expense Management Market report:
PART 01: SaaS-Based Expense Management Executive Summary
PART 02: Scope of The Report
PART 03: Research Methodology
PART 04: Market Landscape
PART 05: Market Sizing
PART 06: Five Forces Analysis
PART 07: Market Segmentation by Product
PART 08: Customer Landscape
PART 09: Regional Landscape and many more
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