Expense Management Software Market Key Findings, Regional Analysis, Key Players & Expert ReviewPosted by Animesh Rao on October 12th, 2022 Expense management software market size is expected to grow up to USD 10.56 Billion with 12.8% CAGR by 2030. This Expense management software market research report tracks all the recent developments and innovations in the market. It gives the data regarding the obstacles while establishing the business and guides to overcome the upcoming challenges and obstacles. states the recent Market Research Future (MRFR) analysis. In Travel and Expense Management Software Market share An expense management software tool helps enterprises in streamlining and automating processes for delivering expense report management. It has multiple advantages such as reimbursing expenses reports along with its growing perks, employee expense reports processing, and reduction in efforts and time for hassle-free submission and approval. Mobile terminal, PC terminal, and others are the different types of expense management software that has wide applications in large businesses, mid-sized businesses, and small businesses. This software aids employees to manage as well as report their business expenditure. Besides, the expense management software is used via finance teams for managing travel requests, expense reports, and reimbursements. The software will help to streamline each facet of expense management for minimizing the perils related to traditional expense management. The automated expense management software, along with eliminating the hidden costs and risks included in expense reporting, also at the same time eases the process in its entirety. Above all, it reduces unnecessary manual work both for employees & finance teams.
Various factors are propelling the global expense management software market share. As per the current MRFR report, such factors include an increase in consumers’ disposable income that has resulted in the huge adoption of smartphones & adoption of expense management software, reduction in smartphone prices, the emergence of 5G that is crucial for constantly growing adoption of smartphones, and constant developments in network technologies like 4G/LTE, and 3G. Additional factors adding market growth include improved financial security, scalability, increasing productivity, controlling costs, monitoring employee expenditure, and centralization of expense-related data in enterprises. On the contrary, security concerns & lack of interoperability are factors that may limit the global expense management software market growth over the forecast period. Also, the COVID-19 impact is also hampering the market growth.
Expense Management Software Market Key Players
TABLE OF CONTENTS 1 EXECUTIVE SUMMARY 2 Market Introduction 2.1 Definition 2.2 Scope Of The Study 2.3 List Of Assumptions 2.4 Market Structure 3 Market Insights 4 Market Dynamics 4.1 Overview 4.2 Drivers 4.2.1 Centralization Of Enterprise Expense-Related Data 4.2.2 Increase In The Adoption Of Mobile Applications To Monitor Expenses 4.3 Restraint 4.3.1 Lack Of Interoperability And Security Concerns 4.4 Opportunity 4.4.1 Integration With Predictive Analytics 4.5 Impact Of COVID-19 On The Market 4.5.1 Introduction 4.5.2 Transformation Of Businesses 4.5.3 Growing Adoption Of Cloud-Based Model 4.5.4 Increase In The Revenue Of Expense Management Software & Services Vendors Get Complete Report Details @ https://www.marketresearchfuture.com/reports/expense-management-software-market-7014 5 Market Factor Analysis 5.1 Value Chain Analysis 5.1.1 Designers & Programmers 5.1.2 Solution Developers 5.1.3 System Integrators 5.1.4 End User 5.2 Porter’s Five Forces Model 5.2.1 Threat Of New Entrants 5.2.2 Bargaining Power Of Suppliers 5.2.3 Threat Of Substitutes 5.2.4 Bargaining Power Of Buyers 5.2.5 Intensity Of Rivalry 6 Global Expense Management Software Market, By Type 6.1 Overview 6.2 PC Terminal 6.3 Mobile Terminal 7 Global Expense Management Software Market, By End User 7.1 Overview 7.2 Small Business 7.3 Midsized Business 7.4 Large Enterprises 8 Global Expense Management Software Market, By Vertical 8.1 Overview 8.2 BFSI 8.3 IT & Telecom 8.4 Retail & E-Commerce 8.5 Transportation & Logistics 8.6 Manufacturing 8.7 Government & Public Sector 8.8 Energy & Utilities 8.9 Others 9 Global Expense Management Software Market, ByRegion 9.1 Overview 9.2 US 9.3 Europe 9.4 China 9.5 Japan 9.6 India 9.7 Southeast Asia 10 Competitive Landscape 10.1 Competitive Scenario 10.2 Key Developments 11 Company Profiles 11.1 IBM Corporation 11.1.1 Company Profile 11.1.2 Business Overview 11.1.3 Financial Overview 11.1.4 Products/Services/Solutions Offered 11.2 Oracle Corporation 11.2.1 Company Profile 11.2.2 Business Overview 11.2.3 Financial Overview 11.2.4 Products/Services/Solutions Offered 11.3 SAP SE (SAP Concur) 11.3.1 Company Profile 11.3.2 Business Overview 11.3.3 Financial Overview 11.3.4 Products/Services/Solutions Offered 11.4 Sodexo 11.4.1 Company Profile 11.4.2 Business Overview 11.4.3 Financial Overview 11.4.4 Products/Services/Solutions Offered 11.5 Intuit Inc. 11.5.1 Company Profile 11.5.2 Business Overview 11.5.3 Financial Overview 11.5.4 Products/Services/Solutions Offered 11.6 Insperity 11.6.1 Company Profile 11.6.2 Business Overview 11.6.3 Financial Overview 11.6.4 Products/Services/Solutions Offered 11.7 Infor 11.7.1 Company Profile 11.7.2 Business Overview 11.7.3 Financial Overview 11.7.4 Products/Services/Solutions Offered 11.8 Workday Inc 11.8.1 Company Profile 11.8.2 Business Overview 11.8.3 Financial Overview 11.8.4 Products/Services/Solutions Offered 11.9 Xero Limited 11.9.1 Company Profile 11.9.2 Business Overview 11.9.3 Financial Overview 11.9.4 Products/Services/Solutions Offered 11.1 Coupa Software Inc 11.10.1 Company Profile 11.10.2 Business Overview 11.10.3 Financial Overview 11.10.4 Products/Services/Solutions Offered 11.10.5 Key Development 11.11 ZOHO Corporation Pvt Ltd 11.11.1 Company Profile 11.11.2 Business Overview 11.11.3 Products/Services/Solutions Offered 11.12 Expensify Inc. 11.12.1 Company Profile 11.12.2 Business Overview 11.12.3 Products/Services/Solutions Offered 11.13 Certify Inc. 11.13.1 Company Profile 11.13.2 Business Overview 11.13.3 Products/Services/Solutions Offered 11.14 Gusto 11.14.1 Company Profile 11.14.2 Business Overview 11.14.3 Products/Services/Solutions Offered 11.15 Receipt Bank 11.15.1 Company Profile 11.15.2 Business Overview 11.15.3 Products/Services/Solutions Offered 11.16 Apptricity Corporation 11.16.1 Company Profile 11.16.2 Business Overview 11.16.3 Products/Services/Solutions Offered 11.17 PaySimple 11.17.1 Company Profile 11.17.2 Business Overview 11.17.3 Products/Services/Solutions Offered 11.17.4 Key Development 11.18 Nexonia 11.18.1 Company Profile 11.18.2 Main Business/Business Overview 11.18.3 Product/Solution Offered 11.19 ExpensePath Inc 11.19.1 Company Profile 11.19.2 Business Overview 11.19.3 Products/Services/Solutions Offered 11.2 GlobalPoint Technologies Inc 11.20.1 Company Profile 11.20.2 Business Overview 11.20.3 Products/Services/Solutions Offered 11.21 SumTotal Systems LLC 11.21.1 Company Profile 11.21.2 Business Overview 11.21.3 Products/Services/Solutions Offered 11.22 Replicon 11.22.1 Company Profile 11.22.2 Business Overview 11.22.3 Product/ Solutions/ Software Offered 11.23 Yourpeople Inc.(Zenefits) 11.23.1 Company Overview 11.23.2 Main Business/Business Overview 11.23.3 Product/ Software/Solution Offered 11.24 Torqus 11.24.1 Company Overview 11.24.2 Main Business/Business Overview 11.24.3 Products/Services/Solutions Offered Like it? Share it! More by this author |