市場調查報告書
商品編碼
1172714
支出管理平台全球市場規模、份額和行業趨勢分析報告:按部署(雲端、本地)、公司(大型/中小企業)、應用、區域展望和預測2022-2028Global Spend Management Platform Market Size, Share & Industry Trends Analysis Report By Deployment (Cloud and On-premise), By Enterprise (Large Enterprises and Small & Medium Enterprises), By Application, By Regional Outlook and Forecast, 2022 - 2028 |
到 2028 年,全球支出管理平台市場規模預計將達到 294 億美元,預測期內的複合年增長率為 10.1%。
支出分析被不同的組織用於不同的目的。 其最終目標是為公司實現最高的盈利能力。 它還可以幫助企業找到新的方法來節省未開發的資源,以增強和最小化週期持續時間。 公司的成敗取決於其在費用管理平台上的投資金額。
該平台可以識別消費者在哪裡浪費金錢以及可以完美利用金錢的地方,從而提供最小的風險、支出程序和現金流增強。 安裝基於雲端的自動化電子採購系統可以增強支出成本控制和具有成本效益的支出。 電子採購系統具有投標、談判、合同、詢價(RFQ)、徵求建議書(RFP)等文件存儲功能。
COVID-19 影響分析
COVID-19 對支出管理平台產生了負面影響,並對各個行業產生了重大影響。 由於所有行業的活動都在下降,市場受到了嚴重影響。 COVID-19 的爆發導致公司重新考慮其 IT 投資,導致商業軟件數量大幅下降。 例如,Coupa Software 於 2020 年 11 月收購了 Llama soft,以擴大其作為支出管理平台的地位。 它有助於填補時間空間,並提供持續會計和實際時間消耗的透明度。
市場增長因素
在公司中擴大支出分析的使用
支出管理是一個總稱,指代所有預訂、付款和交易的程序和跟蹤記錄,可幫助您監控其他組織的支出。 此外,企業正在利用更多數據來更好地利用他們的支出,尤其是公司支出。 支出管理技術正在幫助公司更好地處理他們的供應鏈。 這些技術提供了服務折扣、產品線和分銷商關係等細節的實時透明度。
基於雲端的業務支出軟件的使用增加
企業正在採用基於雲端的組織支出解決方案來支持創新,這將推動支出管理平台的發展。 基於雲端的解決方案使企業能夠快速、從容地擴展新的 ASP.NET Web 應用程序和服務,而無需投資昂貴的技術。 過去,公司必須投資本地服務器才能啟動和發展。 如今,公司可以隨時使用任何應用程序架構開發定制軟件,以保持市場競爭力。
市場製約因素
缺乏技術專長
貴組織的採購團隊因日常採購訂單處理、日常採購運營、供應商管理和許多其他任務而超負荷運轉。 但支出管理需要不斷努力,不斷收集數據、實施、評估和定義支出機會以節省開支。 當業務人員需要全面了解他們的支出時,很難評估或製定管理公司支出的策略。 實時可視化是一個常見問題。
部署前景
支出管理平台市場根據部署類型分為本地和雲端端。 雲端部分在 2021 年的支出管理平台市場中佔據了最高的收入份額。 這是因為基於雲端的槓桿作用允許中小型組織從支出管理軟件中獲利,而無需支付初始軟件安裝的高額入職成本。
企業展望
支出管理平台市場按企業劃分為大型企業和中小型企業。 2021 年,小企業部門在支出管理平台市場中佔據了很大的收入份額。 這是由於生產力、利潤和組織功能的效率提高等原因。 此外,小型企業的支出增加更多。 因此,支出管理對於所有財務成功都是必不可少的。
應用展望
按應用劃分,支出管理平台市場分為消費品、零售、醫療保健和製藥、製造等。 2021 年,製造業在支出管理平台市場的收入份額最高。 這是由於各種中小企業和大型企業對人工智能軟件和基於雲端的技術的需求不斷增長,以利用其支出管理平台。
區域展望
按地區劃分,分析了北美、歐洲、亞太地區和 LAMEA 的支出管理平台市場。 北美部分在 2021 年佔據了支出管理平台市場的最大收入份額。 這是因為北美強勁的經濟和新興經濟體已將其擱淺的基礎設施遷移至雲端技術。 此外,北美支出管理平台行業在爭奪頭把交椅的過程中有助於管理資源、時間和有價值的數據。
The Global Spend Management Platform Market size is expected to reach $29.4 billion by 2028, rising at a market growth of 10.1% CAGR during the forecast period.
Spend management is a collection of procedures that assure enterprise purchasing, procurement, and sourcing decisions made in the interest of company efficiency and the bottom line. The main objective of spend management is to enhance business while minimizing costs, enhancing supplier bonds, and mitigating the financial threat.
Spend management is first and foremost linked to Spend analysis, strategic sourcing, and supplier relationship management are all included in procurement. However, spend management software would help the chief financial and procurement officers continue the expenditures' transparency. Spend analysis is also known as the territory known as spend management which includes commodity management, strategic sourcing, incorporates spend analysis, and industry spend benchmarking.
Spend analysis is utilized for various purposes in different organizations. The final aim of the business is to achieve the highest profitability for the company. Moreover, to enhance and minimize the cycle period, operating assist enterprise search new ways of savings that were unexplored. Enterprise success or downfall can be based on the amount of money it invests in the spend management platform.
The platform allows consumers to identify where they are wasting their money and where it can be utilized perfectly, providing minimum risks, a spending routine, and intensified cash flow. The installation of automated cloud-based e-procurement systems can enhance spend management and cost-effective expense cost. The E-procurement or electronic procurement systems contains Bidding, negotiations, and a document store for contracts, requests for quotes (RFQs), and requests for proposals (RFPs).
COVID-19 Impact Analysis
The COVID-19 Impact had a negative effect on the spend management platform and majorly impacted various industries. The market is majorly affected due to the decline in activities across all sectors. Due to the COVID-19 outbreak, businesses are reevaluating their IT investments, contributing to a significant decrease in business software. For example, Coupa Software acquired Llama soft in November 2020 to expand its standing as a spend management platform. It assists in filling the time-space and provides constant accounting and actual time-spending transparency.
Market Growth Factors
Utilizing Spend Analytics More Widely In Businesses
Spend management is a blanket term used to mention the procedure and track records of all the booking, payments, and transactions and helps monitor other organization expenditures. Moreover, companies are leveraging more and more data to utilize their spending, especially the expense of the companies. Spend management technologies are assisting organizations in handling their supply chains better. They provide real-time transparency and details of the service discounts, product lines, and distributor relationships.
Increasing Use Of Cloud-Based Business Spending Software
Enterprises are adopting cloud-based organization spending solutions to assist innovation which will boost the growth of the spend management platform. With cloud-based solutions, companies can rapidly and calmly expand new ASP.NET web applications and services without investing in costly technologies. To start up and grow, enterprises used to have to invest in on-premise servers. Today, enterprises can develop custom software using their preferred app architecture whenever they want to stay competitive in their market.
Market Restraining Factors
Lack Of Technical Expertise
Organizations' procurement teams are overloaded with routine purchasing order processing, everyday purchasing tasks, supplier management, and many other tasks. Although, expenditure management requires ongoing initiatives to continuously collate, execute, assess, and define spending chances for saving data. It is challenging to evaluate or create a strategy for managing the company's spending when a businessperson needs a complete understanding of it. Real-time visibility is a common problem.
Deployment Outlook
Based on the Deployment, the Spend Management Platform Market is segmented into On-premise and Cloud-based. The cloud segment acquired the highest revenue share in the spend management platform market in 2021. It is because utilizing the cloud-based helps small & medium size organizations to generate profit from the spend management software without spending the high adoption cost of the initial software installation by using cloud-based deployment.
Enterprise Outlook
On the basis of Enterprise, the Spend Management Platform Market is divided into Large Enterprises and Small & Medium Enterprises. The small & medium enterprises segment recorded a significant revenue share in the spend management platform market in 2021. It is due to the reasons such as growing effectiveness in productivity, benefits, and organization function. Moreover, small & mid-size enterprises feel the bump in their expenditure more. Therefore, spend management is essential for all financial success.
Application Outlook
By Application, the Spend Management Platform Market is classified into Consumer goods, Retail, Healthcare & Pharmaceutical, Manufacturing, and Others. The manufacturing segment garnered the highest revenue share in the spend management platform market in 2021. Due to the growing demands for AI software and cloud-based technologies for various small- and large-scale enterprises to utilize their spend management platforms.
Regional Outlook
Region-wise, the Spend Management Platform Market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment acquired the largest revenue share in the spend management platform market in 2021. It is because the North America robust economy and developed internet adoption rates have forced the isolated infrastructure to transfer towards the cloud technology. Moreover, North America spend management platform industry helps manage the resources, time, and valuable data because of neck-to-neck competition.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Coupa Software Inc., SAP SE, The Sage Group PLC, SutiSoft, Inc., NB Ventures, Inc. (Global eProcure), Proactis Holdings Limited (Cafe Bidco Limited), VA Tech Ventures Pvt Ltd (Happay)(Cred), Sievo Oy, Expensify, Inc., and Procurify Technologies, Inc.
Recent Strategies Deployed in Spend Management Platform Market
Partnerships, Collaborations and Agreements:
Sep-2021: Coupa teamed up with Carahsoft, a US-based technology company providing, software, IT hardware, and consulting services to government and educational institutions. Under this collaboration, Coupa's Spend Management platform can be accessed by the public sector via Carahsoft's NASA Solutions for Enterprise-Wide Procurement (SEWP) V contracts, Information Technology Enterprise Solutions - Software 2 (ITES-SW2), OMNIA Partners, and also through resellers network.
Jun-2021: Proactis partnered with EPSA, a France-based company providing management and business consultancy services. This partnership enables bePayd's market share to further increase in the French market. bePayd is a company under Proactis Holdings.
May-2020: Sage Intacct, part of The Sage Group PLC partnered with Airbase, a platform providing payment execution, and spend approvals services. This partnership enables Sage to help its customer manage and enhance workflows for spending, and provide them a comprehensive spend management solutions.
Mergers and Acquisitions:
Aug-2022: Sage Group signed an agreement to acquire Lockstep, a US-based company providing a platform meant for the accounting department to streamline accounts receivable and accounts payable. With this acquisition, Sage Group and Lockstep both will continue to work on eradicating the obstacle that hinders the accounting teams to perform better by automating their workflows, and also enables Sage to move towards its aim to become a trusted network for Small and Midsize Businesses (SMB).
Jul-2022: SAP took over Askdata, a business software providing service integration, business analytics, and big data analysis. With Askdata a part of SAP, SAP's potential to serve organizations has significantly increased and enables SAP's clients to take informed decisions by taking advantage of AI-driven natural language searches.
Mar-2022: SAP acquired Taulia, a US-based company providing working capital management solutions. This acquisition broadened SAP's network and further advanced SAP's solutions.
Mar-2021: SAP completed the acquisition of Signavio, a business process management company specializing in business process analysis, modeling tools, and decision management. This combination of SAP's business process intelligence and Signavio enables SAP to better serve its customers by providing an end-to-end business process transformation suite.
Nov-2020: Coupa Software acquired Llamasoft, a supply-chain company providing software and expertise to large organizations to design and enhance their supply-chain network operations. Through this acquisition, Coupa aims to develop a superior Business Spend Management platform for helping companies everywhere in maximizing the value of every dollar spent in a simple, smart, and safe way.
Geographical Expansions:
Sep-2022: GEP expanded its business by opening a new office in Abu Dhabi. The new office in Abu Dhabi offers a wide range of supply chain and procurement consulting, services, and procurement software platforms. This geographical expansion aligns with the firm's aspiration to expand its business across essential regions.
Jul-2022: Coupa expanded its geographical footprint by establishing three new offices in Mexico City, Sao Paulo, and Bogota. These new facilities provide Coupa opportunities to grow and collaborate.
Market Segments covered in the Report:
By Deployment
By Enterprise
By Application
By Geography
Companies Profiled
Unique Offerings from KBV Research
List of Figures