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.
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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.
Expense Management Software Market Key Players
- Coupa Software Inc. (U.S.),
- Oracle (U.S.),
- Xero Limited (New Zealand),
- Insperity (U.S.),
- Infor Inc. (U.S.),
- Expensify (U.S.),
- Sodexo (France),
- Zoho Corporation Pvt. Ltd (India),
- Intuit Inc. (U.S.),
- IBM Corporation (U.S.),
- SAP Concur (U.S.), and
- Workday Inc. (U.S.)
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
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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
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