Global Procure-to-Pay Suites Market Growth (Status and Outlook) 2025-2031

Global Procure-to-Pay Suites Market Growth (Status and Outlook) 2025-2031

The global Procure-to-Pay Suites market size is predicted to grow from US$ 2147 million in 2025 to US$ 3647 million in 2031; it is expected to grow at a CAGR of 9.2% from 2025 to 2031.

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.

The main Procure-to-Pay Suites players include SAP Ariba, Coupa, Oracle, Basware, JAGGAER, etc. The top five Procure-to-Pay Suites players account for approximately 54% of the total global market. North America is the largest consumer market for Procure-to-Pay Suites accounting for about 40%, followed by Asia-Pacific and Europe. In terms of Type, SaaS Based is the largest segment, with a share about 67%. And in terms of Application, the largest application is Large Enterprises, followed by SMEs.

LPI (LP Information)' newest research report, the “Procure-to-Pay Suites Industry Forecast” looks at past sales and reviews total world Procure-to-Pay Suites sales in 2024, providing a comprehensive analysis by region and market sector of projected Procure-to-Pay Suites sales for 2025 through 2031. With Procure-to-Pay Suites sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Procure-to-Pay Suites industry.

This Insight Report provides a comprehensive analysis of the global Procure-to-Pay Suites landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Procure-to-Pay Suites portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Procure-to-Pay Suites market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Procure-to-Pay Suites and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Procure-to-Pay Suites.

This report presents a comprehensive overview, market shares, and growth opportunities of Procure-to-Pay Suites market by product type, application, key players and key regions and countries.

Segmentation by Type:
Cloud Based
SaaS Based

Segmentation by Application:
SMEs
Large Enterprises

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
SAP Ariba
Coupa
Oracle
Basware
JAGGAER
GEP
Zycus
BirchStreet Systems
Proactis
Infor
SynerTrade
Comarch
Ivalua
Xeeva
Wax Digital

Please note: The report will take approximately 2 business days to prepare and deliver.