Business Spend Management Software Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,500	180 Pages	Coherent Market Insights	July, 2023	CMI18107731

Best Price Guarantee
Price	from $4,500
Length	180 Pages
Publisher	Coherent Market Insights
Published Date	July, 2023
SKU	CMI18107731

Business Spend Management Software Market, By Component (Software/Platform, and Services), By Deployment Type (On-Premise, and SaaS), By Enterprise Size (SME’s, and Large Enterprises), By Solution (Contract & Tender Management, Procure-to-Pay Solutions, Travel & Expense Management, Supplier & Risk Management, and Spend Management/Spend Analytics), By End-use Industry (BFSI, Education, Energy & Utility, Healthcare, Hospitality, IT & Telecom, Manufacturing, and Retail), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East& Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030

Business Spend Management (BSM) is the collection of various business processes, such as Procurement, Invoicing, Expense Management, and Other Cash Disbursements, supported by software. Budgeting, inventory, contract lifecycle management, supplier management, strategic sourcing and analytics are all part of BSM. Responsible for all business operations and works closely with Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Human Capital Management (HCM). Use multiple technologies to computerize spend-related activities from procure-to-pay (P2P) to enable planned purchases. Business Spend Management (BSM) provides a comprehensive real-time view of spending, enabling administrators to effectively analyze all spending areas.

Market Dynamics

Business spend management solutions provide users with access to structured workflows and a clear view of procurement analytics, both of which help identify the most effective strategies to secure cost savings. . A business expense management solution consolidates all expenses under one roof, fosters cross-departmental collaboration, and increases spend transparency and accountability. In addition, the commission will enable threats to be identified through detailed examination of supply market patterns, contracts and vendor execution scorecards. The system also provides automated supply market-related alerts and receives general agreement notifications to further assist in identifying and mitigating risks.

Key features of the study:

This report provides an in-depth analysis of the global Business Spend Management Software Market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
It profiles leading players in the global Business Spend Management Software Market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
Companies covered as a part of this study are Companies Covered (11) Advanced, Ariba, Inc. (SAP SE), Coupa Software Inc, GEP, Procurify, Sage Intacct, Inc. (The Sage Group PLC), Sievo, SutiSoft, Inc., TOUCHSTONE GROUP PLC, VA Tech Ventures Pvt Limited (Happay), and others.
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
Global Business Spend Management Software Market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Business Spend Management Software Market

Detailed Segmentation

Global Business Spend Management Software Market, By Component:
Software/Platform
Services
Stepper Motors
Global Business Spend Management Software Market, By Deployment Type:
On-Premise
SaaS
Global Business Spend Management Software Market, By Enterprise Size:
SMEs
Large Enterprises
Global Business Spend Management Software Market, By Solution:
Contract & Tender Management
Procure-to-Pay Solutions
Travel & Expense Management
Supplier & Risk Management
Spend Management/Spend Analytics
Global Business Spend Management Software Market, By End Use Industry:
BFSI
Education
Energy & Utility
Healthcare
Hospitality
IT & Telecom
Manufacturing
Retail
Global Business Spend Management Software Market, By Region:
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Company Profiles
Advanced
Ariba, Inc. (SAP SE)
Coupa Software Inc
GEP, Procurify
Sage Intacct Inc. (The Sage Group PLC),
Sievo
SutiSoft, Inc.
TOUCHSTONE GROUP PLC
VA Tech Ventures Pvt Limited (Happay)
Others

1. Research Objectives and Assumptions: Research Objectives; Assumptions; Abbreviations
2. Market Purview: Report Description; Market Definition and Scope; Executive Summary; Market Snippet, By Component; Market Snippet, By Deployment Type; Market Snippet, By Enterprise Size; Market Snippet, By Solution; Market Snippet, By End-Use Industry; Market Snippet, By Region; Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis: Market Dynamics; Drivers; Increasing adoption of BSM across businesses; Integration of advanced technologies with BSM solutions; Restraints; Lack of trained professionals; Market Opportunities; Higher adoption of cloud technology, will drive cloud based deployment; Regulatory Scenario; Industry Trend; Merger and Acquisitions; New system Launches/Approvals; Impact of COVID-19 Pandemic
4. Global Business Spend Management Software Market, By Component, 2018-2030, (US$ Billion): Introduction; Market Share Analysis, 2023 and 2030 (%); Y-o-Y Growth Analysis, 2018 – 2030; Segment Trends Market Share Analysis, 2023 and 2030 (%); Software/Platform; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn); Services; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
5. Global Business Spend Management Software Market, By Deployment, 2018-2030, (US$ Billion): Introduction; Market Share Analysis, 2023 and 2030 (%); Y-o-Y Growth Analysis, 2018 – 2030; Segment Trends Market Share Analysis, 2023 and 2030 (%); On-Premise; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn); SaaS; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
6. Global Business Spend Management Software Market, By Enterprise Size, 2018-2030, (US$ Billion): Introduction; Market Share Analysis, 2023 and 2030 (%); Y-o-Y Growth Analysis, 2018 – 2030; Segment Trends Market Share Analysis, 2023 and 2030 (%); SMEs; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn); Large Enterprises; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
7. Global Business Spend Management Software Market, By Solution, 2018-2030, (US$ Billion): Introduction; Market Share Analysis, 2023 and 2030 (%); Y-o-Y Growth Analysis, 2018 – 2030; Segment Trends Market Share Analysis, 2023 and 2030 (%); Contract & Tender Management; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn); Procure-to-Pay Solutions; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn); Travel & Expense Management; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn); Supplier & Risk Management; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn); Spend Management/Spend Analytics; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
8. Global Business Spend Management Software Market, By End-Use Industry, 2018-2030, (US$ Billion): Introduction; Market Share Analysis, 2023 and 2030 (%); Y-o-Y Growth Analysis, 2018 – 2030; Segment Trends Market Share Analysis, 2023 and 2030 (%); BFSI; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn); Education; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn); Energy & Utility; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn); Healthcare; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn); Hospitality; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn); IT & Telecom; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn); Manufacturing; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn); Retail; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
9. Global Business Spend Management Software Market, By Region, 2018-2030, (US$ Billion): Introduction; Market Share Analysis, By Country, 2023 and 2030 (%); Y-o-Y Growth Analysis, For Country 2018–2030; Country Trends; North America; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Deployment Type, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Solution, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion); U.S.; Canada; Europe; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Deployment Type, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Solution, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion); Germany; U.K.; France; Italy; Spain; Russia; Rest of Europe; Asia Pacific; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Deployment Type, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Solution, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion); China; India; Japan; Australia; South Korea; ASEAN; Rest of Asia Pacific; Latin America; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Deployment Type, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Solution, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion); Brazil; Mexico; Rest of Latin America; Middle East & Africa; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Deployment Type, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Solution, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry, 2018-2030, (US$ Billion); Market Size and Forecast, and Y-o-Y Growth, By Country/Sub-region, 2018-2030, (US$ Billion); South Africa; GCC Countries; Rest of the Middle East & Africa
10. Competitive Landscape: Company Profiles; Advanced; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; Ariba, Inc. (SAP SE); Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; Coupa Software Inc; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; GEP, Procurify; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; Sage Intacct Inc. (The Sage Group PLC),; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; Sievo; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; SutiSoft, Inc.; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; TOUCHSTONE GROUP PLC; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; VA Tech Ventures Pvt Limited (Happay); Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; Others; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; Analyst Views
11. Section: References; Research Methodology; About us and Sales Contact; *Browse 60 market data tables and 40 figures on "Global Business Spend Management Software Market - forecast to 2030”.