Research and Markets: Global SaaS-based Expense Management Market Forecast & Opportunities, 2018: Ariba, Concur, IBM & Oracle Dominate

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/qj4dzz/global_saasbased) has announced the addition of the "Global SaaS-based Expense Management Market 2014-2018" report to their offering.

The Global SaaS-based Expense Management market to grow at a CAGR of 19.20 percent over the period 2013-2018.

One of the key factors contributing to this market growth is the need to reduce expenses and operational costs. The Global SaaS-based Expense Management market has also been witnessing the increased adoption of end-to-end expense management solutions. However, the concern over data security could pose a challenge to the growth of this market.

End-to-end expense management solutions automate all components of expense management processes such as travel booking, expense reporting, employee reimbursement, and expense analysis. Thus, these automated end-to-end processes cover the whole span of the expense-related process, from travel booking plans to reporting and payments.

End-to-end expense management solutions allow the expense manager to have greater control and reduce reporting errors. In addition, this speeds up the process and improves the operational efficiency of the company. With an end-to-end expense management solution in place, companies can significantly lower their expense processing cost compared to companies that do not use any such solution. In addition, end-to-end solutions accelerate the process of reporting expenses, thus providing cost benefits. Hence, to cater to the increasing demand, many vendors are now offering end-to-end expense management solutions that not only have the capability to track expenses, but can also perform historical spend analysis, predictive analysis, and other similar functions.

Further, the report states that one of the major challenges in this market is the concern over data security. In a SaaS-based model, there is always a risk of information leakage, which could result in the misuse or manipulation of organizational expense data. Concerns about data security can be a significant barrier for deploying SaaS-based expense management solutions. Also, placing a company's asset information on a digital platform is a major concern unless security mechanisms can be implemented and trusted by the enterprises.

The key vendors dominating this market space are:

  • Ariba Inc.
  • Concur Technologies Inc.
  • IBM Corp.
  • Oracle Corp.

Other vendors mentioned in the report are:

  • Apptricity Corp.
  • Cybershift Inc.
  • Insperity Inc.
  • Infor Global Solutions Inc.
  • SutiSoft Inc.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Landscape

07. Market Segmentation

08. Geographical Segmentation

09. Key Leading Countries

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challenges

14. Impact of Drivers and Challenges

15. Market Trends

16. Trends and their Impact

17. Vendor Landscape

18. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/qj4dzz/global_saasbased

Contacts

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Software

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Contacts

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Software