Spend Management Software Market Synopsis
Spend Management Software Market Size Was valued at USD 19.59 Billion in 2023, and is Projected to Reach USD 50.11 Billion by 2032, Growing at a CAGR of 11.00% From 2024-2032.
Spend management software is another procurement tool that can be used in management of expenditure within an organization. It eliminates the headaches that organizations face when it comes to financial planning, purchasing, modulation, and representations with regard to financial SAVE.
- The market of spend management software has recently gone through the process of growth and evolution as a result of the constantly rising demand among various enterprises in terms of improving control and efficient management of spending. Solutions for expenses, procurement, creating invoices, and having more elaborate financial planning and risk assessment software are known as the spend management software and is becoming vital to organizations looking to improve their financial position and increase efficiency. This has proves to be a characteristic that has driven the growth of market as number of cloud based solutions have grown significantly over the years compared to on-premise solutions that are more rigid and less flexible and not economical entirely. This report provides information on how these solutions are being used in companies, today as they work towards attaining live visibility of their expenses and improving their compliance with internal and external regulations.
- Some of the potential trends that can be noticed while considering the spend management software market are as follows: Embracing artificial intelligence and machine learning capabilities is increasing the capacity these platforms, with some of the uses being using predictions, automated account expense, and smart procurement. They assist capabilities in enabling the organizations develop strategies based on the collected data, decrease chances of human mistakes, and identify potential of bringing down costs. Furthermore, Telecommuting and super supplier chains have become popular and common hence imposing the necessity of efficient spend management tools for covering complicated and versatile operations. This trend has led to increased sections such as mobile compatibility and multi-currency support to all, expanding the market reach.
- Popular SCM platforms currently operating in the spend management software market include SAP Concur and Oracle while other small competing companies emerging as Coupa. These firms are continually improving their products and services central to serving clients via mergers and acquisitions, strategic alliances, and utilizing advancing technologies. It is the influence of customer demand for easy-to-navigate interfaces, compatibility with third-party ERP software, and adaptable solutions that is forcing vendors to diversify their product offerings. In addition, with the increasing pressure from the regulatory bodies for data protection and better financial reporting, compliance solutions are becoming an integrated part of spend management tools and solutions.
- According to the regional segmentation, North America has major market share in spend management software market due to increase in adoption of advanced technology and presence of reputed market vendors. However, the Asia-Pacific region is anticipated to experience the highest level of growth, in terms of both revenue and volume, due to variables such as the rapid economic development, the higher level of adoption of digital transformation strategies by organizations, and a clearer understanding of the need and value of spend management solutions among organizations. For the spend management software market to continue to grow as it has, businesses around the world will have to continue to recognize the strategic significance of spending management and the financial consequences of such management The market for spend management software will need to persist via technological innovations, new business needs, and the perpetual issue of high-stakes financial results.
Spend Management Software Market Trend Analysis
Growing Demand for Cloud-Based Solutions
- The concern with spend management software and the availability of cloud solutions are again increasing in today’s world because different businesses need to increase operating productivity, reduce and manage their costs efficiently, and have access to immediate data for operational efficiency. Spend management nets on the cloud comes with several advantages such as scalability, flexibility, and integration that are not achievable when using nets on-premise. The following benefits involve the fact that these platforms facilitate remote procurement, expenses and vendor management allowing businesses to work remotely and cooperate with vendors around the world.
- Moreover, utilizing subscription based model for pricing clouds ¬shown there¬ offers cost benefits and cost certainty. This fuelled by integrated security features, self-update functionalities, and meeting the necessary compliance regulations continue to urge organizations to shift from on-premise spend management software to the cloud-based kind, which is an ever-growing area of preference for financial control in today’s organizations.
Increased Demand for Integrated Financial Solutions
- One key factor which contributes to this hybrid model is the necessity for effective, professional and encompassing financial consultancy services present in one place. With such changes, client needs matching banking services, investment and insurance, as well as taxation services, integrated in order to ensure they receive the best solution for their financial dealings. This demand is influenced by the fact that technology has made it easier to provide real-time information and thus personalizing financial analysis to suit the users and the organizational needs.
- On the same note, advanced digital platforms and emergence of fintech in the banking sector have made integrated financial services more viable and desirable in today’s society where people with technological devices expect more centralized or rather one stop shop services. Consequently, financial institutions are continuing investing in integrated solutions, in order to remain competitive in the continually changing market environment and, primarily, to satisfy the client demand.
Spend Management Software Market Segment Analysis:
3d Printed Wearables Market is segmented based on Type, Deployment, Enterprise Size and End User
By Type, Services segment is expected to dominate the market during the forecast period
- This solution mainly involves a range of applications geared towards achieving excellent expenditure practices among various organisations cutting across different sectors. In this context, some of the solution offerings may encompass procurement management, expensing, supplier management, invoice management among others. These solutions employ technologies like artificial intelligence, machine learning, and even data analytics to optimize and facilitate decisions in sourcing, purchase, and payment procedures.
- Furthermore, the services related to spend management software include, implementation, training, consulting, and support services that help organizations enhance their knowledge on these solutions in order achieve better, efficient use of the solution. With the awareness of the value of cost control and effective procurement management, there is always an increase in the adoption of spend management software systems which he has made the market competitive.
By End User, IT & Telecom segment held the largest share in 2023
- The Spend Management Software solutions are showing a higher demand towards different industry verticals including BFSI, Hospitality, Healthcare, IT & Telecom, Energy & Utility, Retail & e-Commerce, and others. BFSI industry is becoming the primary consumer of the spend management solution that helps in the right and judicial procurement process. Like in the case of sales and marketing, the hospitality industry is also incorporating these software solutions to cut down costs in matters concerning supply chain, vendors and logistics amongst others. In the context of healthcare involving the implementation of controlled purchasing, spend management software is helpful in implementing cost control measures, in procurement processes, and helps to meet stringent compliance measures set by regulatory authorities. That is why these tools are a crucial need for the IT & Telecom sector as they can make appropriate Vendor selection, management of vendor contracts, and control over the expenditure element.
- Various organizations in the Energy & Utility segment are using spend management software solutions assist in costs of resources and infrastructures as well as cost of compliance mandates. These solutions are helping Retail & e-commerce organizations to achieve better procurement operations, stock control and suppliers’ performance appraisal. The ‘Other industries’ are diverse, which include manufacturing industries, education sectors and government institutions, where enterprise spend management software are being adopted as spend management tools, which sought to propel cost optimization, process improvement and opportunity for strategic sourcing among others. In conclusion, the current evaluation of the spend management software across various industries clearly highlights the extent of the solution’s importance in supporting businesses toward improved financial performance, operational efficiency, and strategic differentiation on the modern business reality.
Spend Management Software Market Regional Insights:
Asia Pacific is Expected to Dominate the Market Over the Forecast period
- There is a strengthened expectation that the Asia Pacific region will take the position of having the largest percentage growth in the spend management software market in the predicted time span. These and other factors have created favorable conditions for the growth of spend management solutions, as the region’s economies exhibit high growth rates, companies actively explore digital technologies, and the demand for cloud services is on the rise. Analysing global trends, one can note that the countries of East Asia, such as China, India, Japan, and Republic of Korea, are intensively investing in infrastructure and manufacturing.services sectors, thus, creating consumer intent to adopt new systems for better spend management.
- Also, the increasing knowledge of enterprises on the necessary automation of procurement procedures, the importance of expense rationalization, and the necessity to follow the regulations also contributes to region’s growth of spend management software adoption. In pursuit of greater efficiency and reduced costs with an emphasis on accurate spend data, organizations will continue to fuel the Asia-Pacific market and solidify its standing in global spend management software market.
Active Key Players in the Spend Management Software Market
- Control Data Inc. (ProcurePort): (USA)
- Coupa Software Inc.: (USA)
- Proactis Holdings Plc.: (UK)
- Ivalua Inc.: (USA)
- Advanced: (UK)
- MetricStream Inc.: (USA)
- TOUCHSTONE GROUP PLC: (UK)
- Concur Technologies Inc. (SAP SE): (USA)
- Basware: (Finland)
- Sievo: (Finland)
- Expensify Inc.: (USA)
- Sage Intacct Inc.: (USA)
- Tradogram: (Canada)
- Ariba Inc. (SAP SE): (USA)
- VA Tech Ventures Pvt Limited (Happay):( India)
- SutiSoft Inc.: (USA)
- Other Key Players
Global Spend Management Software Market Scope:
Global Spend Management Software Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 19.59 Bn. |
Forecast Period 2024-32 CAGR: |
11% |
Market Size in 2032: |
USD 50.11 Bn. |
Segments Covered: |
By Type |
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By Deployment |
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By Enterprise Size |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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- INTRODUCTION
- RESEARCH OBJECTIVES
- RESEARCH METHODOLOGY
- RESEARCH PROCESS
- SCOPE AND COVERAGE
- Market Definition
- Key Questions Answered
- MARKET SEGMENTATION
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GROWTH OPPORTUNITIES BY SEGMENT
- MARKET LANDSCAPE
- PORTER’S FIVE FORCES ANALYSIS
- Bargaining Power Of Supplier
- Threat Of New Entrants
- Threat Of Substitutes
- Competitive Rivalry
- Bargaining Power Among Buyers
- INDUSTRY VALUE CHAIN ANALYSIS
- MARKET DYNAMICS
- Drivers
- Restraints
- Opportunities
- Challenges
- MARKET TREND ANALYSIS
- REGULATORY LANDSCAPE
- PESTLE ANALYSIS
- PRICE TREND ANALYSIS
- PATENT ANALYSIS
- TECHNOLOGY EVALUATION
- MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
- Geopolitical Market Disruptions
- Supply Chain Disruptions
- Instability in Emerging Markets
- ECOSYSTEM
- PORTER’S FIVE FORCES ANALYSIS
- SPEND MANAGEMENT SOFTWARE MARKET BY TYPE (2017-2032)
- SPEND MANAGEMENT SOFTWARE MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- SOLUTION
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- SERVICES
- SPEND MANAGEMENT SOFTWARE MARKET BY DEPLOYMENT (2017-2032)
- SPEND MANAGEMENT SOFTWARE MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- CLOUD
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- ON-PREMISES
- SPEND MANAGEMENT SOFTWARE MARKET BY ENTERPRISE SIZE (2017-2032)
- SPEND MANAGEMENT SOFTWARE MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- SMALL AND MEDIUM ENTERPRISES (SMES)
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- LARGE ENTERPRISES
- SPEND MANAGEMENT SOFTWARE MARKET BY END USER (2017-2032)
- SPEND MANAGEMENT SOFTWARE MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- BFSI
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- HOSPITALITY
- HEALTHCARE
- IT & TELECOM
- ENERGY & UTILITY
- RETAIL & E-COMMERCE
- OTHERS
- COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Positioning
- SPEND MANAGEMENT SOFTWARE Market Share By Manufacturer (2023)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers & Acquisitions
- CONTROL DATA INC. (PROCUREPORT) (USA)
- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
- Key Strategic Moves And Recent Developments
- SWOT Analysis
- COUPA SOFTWARE INC.: (USA)
- PROACTIS HOLDINGS PLC.: (UK)
- IVALUA INC.: (USA)
- ADVANCED: (UK)
- METRICSTREAM INC.: (USA)
- TOUCHSTONE GROUP PLC: (UK)
- CONCUR TECHNOLOGIES INC. (SAP SE): (USA)
- BASWARE: (FINLAND)
- SIEVO: (FINLAND)
- EXPENSIFY INC.: (USA)
- SAGE INTACCT INC.: (USA)
- TRADOGRAM: (CANADA)
- ARIBA INC. (SAP SE): (USA)
- VA TECH VENTURES PVT LIMITED (HAPPAY):( INDIA)
- SUTISOFT INC.: (USA)
- COMPETITIVE LANDSCAPE
- GLOBAL SPEND MANAGEMENT SOFTWARE MARKET BY REGION
- OVERVIEW
- NORTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Type
- Historic And Forecasted Market Size By Deployment
- Historic And Forecasted Market Size By Enterprise Size
- Historic And Forecasted Market Size By End User
- Historic And Forecasted Market Size By Country
- USA
- Canada
- Mexico
- EASTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest Of Eastern Europe
- WESTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Germany
- United Kingdom
- France
- The Netherlands
- Italy
- Spain
- Rest Of Western Europe
- ASIA PACIFIC
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New-Zealand
- Rest Of APAC
- MIDDLE EAST & AFRICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
- SOUTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Brazil
- Argentina
- Rest of South America
- INVESTMENT ANALYSIS
- ANALYST VIEWPOINT AND CONCLUSION
- Recommendations and Concluding Analysis
- Potential Market Strategies
Global Spend Management Software Market Scope:
Global Spend Management Software Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 19.59 Bn. |
Forecast Period 2024-32 CAGR: |
11% |
Market Size in 2032: |
USD 50.11 Bn. |
Segments Covered: |
By Type |
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By Deployment |
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By Enterprise Size |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. SPEND MANAGEMENT SOFTWARE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. SPEND MANAGEMENT SOFTWARE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. SPEND MANAGEMENT SOFTWARE MARKET COMPETITIVE RIVALRY
TABLE 005. SPEND MANAGEMENT SOFTWARE MARKET THREAT OF NEW ENTRANTS
TABLE 006. SPEND MANAGEMENT SOFTWARE MARKET THREAT OF SUBSTITUTES
TABLE 007. SPEND MANAGEMENT SOFTWARE MARKET BY COMPONENT
TABLE 008. SOLUTION MARKET OVERVIEW (2016-2028)
TABLE 009. SERVICES MARKET OVERVIEW (2016-2028)
TABLE 010. SPEND MANAGEMENT SOFTWARE MARKET BY DEPLOYMENT
TABLE 011. CLOUD MARKET OVERVIEW (2016-2028)
TABLE 012. ON-PREMISES MARKET OVERVIEW (2016-2028)
TABLE 013. SPEND MANAGEMENT SOFTWARE MARKET BY ENTERPRISE SIZE
TABLE 014. SMALL AND MEDIUM ENTERPRISES (SMES) MARKET OVERVIEW (2016-2028)
TABLE 015. LARGE ENTERPRISES MARKET OVERVIEW (2016-2028)
TABLE 016. SPEND MANAGEMENT SOFTWARE MARKET BY END USER
TABLE 017. BFSI MARKET OVERVIEW (2016-2028)
TABLE 018. HOSPITALITY MARKET OVERVIEW (2016-2028)
TABLE 019. HEALTHCARE MARKET OVERVIEW (2016-2028)
TABLE 020. IT & TELECOM MARKET OVERVIEW (2016-2028)
TABLE 021. ENERGY & UTILITY MARKET OVERVIEW (2016-2028)
TABLE 022. RETAIL & E-COMMERCE MARKET OVERVIEW (2016-2028)
TABLE 023. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 024. NORTH AMERICA SPEND MANAGEMENT SOFTWARE MARKET, BY COMPONENT (2016-2028)
TABLE 025. NORTH AMERICA SPEND MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT (2016-2028)
TABLE 026. NORTH AMERICA SPEND MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE (2016-2028)
TABLE 027. NORTH AMERICA SPEND MANAGEMENT SOFTWARE MARKET, BY END USER (2016-2028)
TABLE 028. N SPEND MANAGEMENT SOFTWARE MARKET, BY COUNTRY (2016-2028)
TABLE 029. EUROPE SPEND MANAGEMENT SOFTWARE MARKET, BY COMPONENT (2016-2028)
TABLE 030. EUROPE SPEND MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT (2016-2028)
TABLE 031. EUROPE SPEND MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE (2016-2028)
TABLE 032. EUROPE SPEND MANAGEMENT SOFTWARE MARKET, BY END USER (2016-2028)
TABLE 033. SPEND MANAGEMENT SOFTWARE MARKET, BY COUNTRY (2016-2028)
TABLE 034. ASIA PACIFIC SPEND MANAGEMENT SOFTWARE MARKET, BY COMPONENT (2016-2028)
TABLE 035. ASIA PACIFIC SPEND MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT (2016-2028)
TABLE 036. ASIA PACIFIC SPEND MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE (2016-2028)
TABLE 037. ASIA PACIFIC SPEND MANAGEMENT SOFTWARE MARKET, BY END USER (2016-2028)
TABLE 038. SPEND MANAGEMENT SOFTWARE MARKET, BY COUNTRY (2016-2028)
TABLE 039. MIDDLE EAST & AFRICA SPEND MANAGEMENT SOFTWARE MARKET, BY COMPONENT (2016-2028)
TABLE 040. MIDDLE EAST & AFRICA SPEND MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT (2016-2028)
TABLE 041. MIDDLE EAST & AFRICA SPEND MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE (2016-2028)
TABLE 042. MIDDLE EAST & AFRICA SPEND MANAGEMENT SOFTWARE MARKET, BY END USER (2016-2028)
TABLE 043. SPEND MANAGEMENT SOFTWARE MARKET, BY COUNTRY (2016-2028)
TABLE 044. SOUTH AMERICA SPEND MANAGEMENT SOFTWARE MARKET, BY COMPONENT (2016-2028)
TABLE 045. SOUTH AMERICA SPEND MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT (2016-2028)
TABLE 046. SOUTH AMERICA SPEND MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE (2016-2028)
TABLE 047. SOUTH AMERICA SPEND MANAGEMENT SOFTWARE MARKET, BY END USER (2016-2028)
TABLE 048. SPEND MANAGEMENT SOFTWARE MARKET, BY COUNTRY (2016-2028)
TABLE 049. GEP: SNAPSHOT
TABLE 050. GEP: BUSINESS PERFORMANCE
TABLE 051. GEP: PRODUCT PORTFOLIO
TABLE 052. GEP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. CONTROL DATA INC. (PROCUREPORT): SNAPSHOT
TABLE 053. CONTROL DATA INC. (PROCUREPORT): BUSINESS PERFORMANCE
TABLE 054. CONTROL DATA INC. (PROCUREPORT): PRODUCT PORTFOLIO
TABLE 055. CONTROL DATA INC. (PROCUREPORT): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. COUPA SOFTWARE INC.: SNAPSHOT
TABLE 056. COUPA SOFTWARE INC.: BUSINESS PERFORMANCE
TABLE 057. COUPA SOFTWARE INC.: PRODUCT PORTFOLIO
TABLE 058. COUPA SOFTWARE INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. PROACTIS HOLDINGS PLC.: SNAPSHOT
TABLE 059. PROACTIS HOLDINGS PLC.: BUSINESS PERFORMANCE
TABLE 060. PROACTIS HOLDINGS PLC.: PRODUCT PORTFOLIO
TABLE 061. PROACTIS HOLDINGS PLC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. IVALUA INC.: SNAPSHOT
TABLE 062. IVALUA INC.: BUSINESS PERFORMANCE
TABLE 063. IVALUA INC.: PRODUCT PORTFOLIO
TABLE 064. IVALUA INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. ADVANCED: SNAPSHOT
TABLE 065. ADVANCED: BUSINESS PERFORMANCE
TABLE 066. ADVANCED: PRODUCT PORTFOLIO
TABLE 067. ADVANCED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. METRICSTREAM INC.: SNAPSHOT
TABLE 068. METRICSTREAM INC.: BUSINESS PERFORMANCE
TABLE 069. METRICSTREAM INC.: PRODUCT PORTFOLIO
TABLE 070. METRICSTREAM INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. TOUCHSTONE GROUP PLC: SNAPSHOT
TABLE 071. TOUCHSTONE GROUP PLC: BUSINESS PERFORMANCE
TABLE 072. TOUCHSTONE GROUP PLC: PRODUCT PORTFOLIO
TABLE 073. TOUCHSTONE GROUP PLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. CONCUR TECHNOLOGIES INC. (SAP SE): SNAPSHOT
TABLE 074. CONCUR TECHNOLOGIES INC. (SAP SE): BUSINESS PERFORMANCE
TABLE 075. CONCUR TECHNOLOGIES INC. (SAP SE): PRODUCT PORTFOLIO
TABLE 076. CONCUR TECHNOLOGIES INC. (SAP SE): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. BASWARE: SNAPSHOT
TABLE 077. BASWARE: BUSINESS PERFORMANCE
TABLE 078. BASWARE: PRODUCT PORTFOLIO
TABLE 079. BASWARE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. SIEVO: SNAPSHOT
TABLE 080. SIEVO: BUSINESS PERFORMANCE
TABLE 081. SIEVO: PRODUCT PORTFOLIO
TABLE 082. SIEVO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. EXPENSIFY INC.: SNAPSHOT
TABLE 083. EXPENSIFY INC.: BUSINESS PERFORMANCE
TABLE 084. EXPENSIFY INC.: PRODUCT PORTFOLIO
TABLE 085. EXPENSIFY INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 085. SAGE INTACCT INC.: SNAPSHOT
TABLE 086. SAGE INTACCT INC.: BUSINESS PERFORMANCE
TABLE 087. SAGE INTACCT INC.: PRODUCT PORTFOLIO
TABLE 088. SAGE INTACCT INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 088. TRADOGRAM: SNAPSHOT
TABLE 089. TRADOGRAM: BUSINESS PERFORMANCE
TABLE 090. TRADOGRAM: PRODUCT PORTFOLIO
TABLE 091. TRADOGRAM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 091. ARIBA INC. (SAP SE): SNAPSHOT
TABLE 092. ARIBA INC. (SAP SE): BUSINESS PERFORMANCE
TABLE 093. ARIBA INC. (SAP SE): PRODUCT PORTFOLIO
TABLE 094. ARIBA INC. (SAP SE): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 094. VA TECH VENTURES PVT LIMITED (HAPPAY): SNAPSHOT
TABLE 095. VA TECH VENTURES PVT LIMITED (HAPPAY): BUSINESS PERFORMANCE
TABLE 096. VA TECH VENTURES PVT LIMITED (HAPPAY): PRODUCT PORTFOLIO
TABLE 097. VA TECH VENTURES PVT LIMITED (HAPPAY): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 097. SUTISOFT INC.: SNAPSHOT
TABLE 098. SUTISOFT INC.: BUSINESS PERFORMANCE
TABLE 099. SUTISOFT INC.: PRODUCT PORTFOLIO
TABLE 100. SUTISOFT INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. SPEND MANAGEMENT SOFTWARE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. SPEND MANAGEMENT SOFTWARE MARKET OVERVIEW BY COMPONENT
FIGURE 012. SOLUTION MARKET OVERVIEW (2016-2028)
FIGURE 013. SERVICES MARKET OVERVIEW (2016-2028)
FIGURE 014. SPEND MANAGEMENT SOFTWARE MARKET OVERVIEW BY DEPLOYMENT
FIGURE 015. CLOUD MARKET OVERVIEW (2016-2028)
FIGURE 016. ON-PREMISES MARKET OVERVIEW (2016-2028)
FIGURE 017. SPEND MANAGEMENT SOFTWARE MARKET OVERVIEW BY ENTERPRISE SIZE
FIGURE 018. SMALL AND MEDIUM ENTERPRISES (SMES) MARKET OVERVIEW (2016-2028)
FIGURE 019. LARGE ENTERPRISES MARKET OVERVIEW (2016-2028)
FIGURE 020. SPEND MANAGEMENT SOFTWARE MARKET OVERVIEW BY END USER
FIGURE 021. BFSI MARKET OVERVIEW (2016-2028)
FIGURE 022. HOSPITALITY MARKET OVERVIEW (2016-2028)
FIGURE 023. HEALTHCARE MARKET OVERVIEW (2016-2028)
FIGURE 024. IT & TELECOM MARKET OVERVIEW (2016-2028)
FIGURE 025. ENERGY & UTILITY MARKET OVERVIEW (2016-2028)
FIGURE 026. RETAIL & E-COMMERCE MARKET OVERVIEW (2016-2028)
FIGURE 027. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 028. NORTH AMERICA SPEND MANAGEMENT SOFTWARE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. EUROPE SPEND MANAGEMENT SOFTWARE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. ASIA PACIFIC SPEND MANAGEMENT SOFTWARE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 031. MIDDLE EAST & AFRICA SPEND MANAGEMENT SOFTWARE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 032. SOUTH AMERICA SPEND MANAGEMENT SOFTWARE MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Spend Management Software Market research report is 2024-2032.
Control Data Inc. (ProcurePort): (USA),Coupa Software Inc.: (USA),Proactis Holdings Plc.: (UK), Ivalua Inc.: (USA), Advanced: (UK), MetricStream Inc.: (USA), TOUCHSTONE GROUP PLC: (UK),and Other Major Players.
The Spend Management Software Market is segmented into Type , Deployment, By Enterprise Size , By End User and Region. By Type, the market is categorized into Solution,Services.By Deployment, the market is categorized into Cloud,On-premises). By Enterprise Size , the market is categorized into Small and Medium Enterprises (SMEs),Large Enterprises. By End User, the market is categorized into BFSI, Hospitality, Healthcare, IT & Telecom, Energy & Utility, Retail & e-Commerce,Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Spend management software is another procurement tool that can be used in management of expenditure within an organization. It eliminates the headaches that organizations face when it comes to financial planning, purchasing, modulation, and representations with regard to financial SAVE.
Spend Management Software Market Size Was Valued at USD 19.59 Billion in 2023, and is Projected to Reach USD 50.11 Billion by 2032, Growing at a CAGR of 11.00% From 2024-2032.