Global Procure-to-Pay Suites Market Size, Status and Forecast 2020-2026

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.
Market Analysis and Insights: Global Procure-to-Pay Suites Market
In 2019, the global Procure-to-Pay Suites market size was US$ 1712.3 million and it is expected to reach US$ 3130.4 million by the end of 2026, with a CAGR of 8.9% during 2021-2026.
Global Procure-to-Pay Suites Scope and Market Size
Procure-to-Pay Suites market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Procure-to-Pay Suites market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Procure-to-Pay Suites market is segmented into Cloud Based, SaaS Based, etc.
Segment by Application, the Procure-to-Pay Suites market is segmented into SMEs, Large Enterprises, etc.
Regional and Country-level Analysis
The Procure-to-Pay Suites market is analysed and market size information is provided by regions (countries).
The key regions covered in the Procure-to-Pay Suites market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Procure-to-Pay Suites Market Share Analysis
Procure-to-Pay Suites market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Procure-to-Pay Suites business, the date to enter into the Procure-to-Pay Suites market, Procure-to-Pay Suites product introduction, recent developments, etc.
The major vendors include SAP Ariba, Coupa, Oracle, Basware, JAGGAER, GEP, Zycus, BirchStreet Systems, Proactis, Infor, SynerTrade, Comarch, Ivalua, Xeeva, Wax Digital, etc.

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 North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

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

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


North America
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 North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by 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: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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