Global Procure-to-Pay Suites Market Report, History and Forecast 2015-2026, Breakdown Data by Companies, Key Regions, Types and Application

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.
On the basis of type, the Procure-to-Pay Suites market is segmented into Cloud-based and SaaS Based. The Cloud-based segment is expected to account for the larger share of the global market in 2018.

Market Analysis and Insights: Global Procure-to-Pay Suites Market
The research report studies the Procure-to-Pay Suites market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Procure-to-Pay Suites market size is projected to reach US$ 3130.4 million by 2026, from US$ 1876.9 million in 2020, at a CAGR of 8.9% during 2021-2026.

Global Procure-to-Pay Suites Scope and Segment
The global Procure-to-Pay Suites market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Procure-to-Pay Suites market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.

Segment by Type, the Procure-to-Pay Suites market is segmented into
Cloud Based
SaaS Based

Segment by Application, the Procure-to-Pay Suites market is segmented into
SMEs
Large Enterprises

Global Procure-to-Pay Suites market: regional analysis, the major regions covered in the report are:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa

The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.

The major vendors covered:
SAP Ariba
Coupa
Oracle
Basware
JAGGAER
GEP
Zycus
BirchStreet Systems
Proactis
Infor
SynerTrade
Comarch
Ivalua
Xeeva

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