ERP Software Market Procurement Research – Pricing Trends and Forecast by SpendEdge

Global ERP Software Procurement Market Intelligence Report (Graphic: Business Wire)

LONDON--()--Global procurement market intelligence advisory firm, SpendEdge, has announced the release of their ‘ERP Software Procurement Research Report.' The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the IT industry. This report breaks down the data and analysis behind the procurement of ERP software and acts as an all-inclusive guide for making smart purchasing decisions.

“The global ERP software market is consolidated due to the dominance of global players,” says SpendEdge procurement research analyst Bhuvaneshwari Udayakumar. “Several suppliers in the market are entering into M&A because they are focusing on increasing their product portfolio to cater to a large set of buyers and their requirements,” added Bhuvaneshwari.

Looking for more insights from this report? Request a free sample report

SpendEdge sample reports are free of charge and provide actionable insights that focus on cost-saving aspects of procurement and optimization of category spend.

 

Key Report Features

 
Supply Market Insights   Negotiation Strategies
Procurement Best Practices Category Risk Analysis
Cost Saving Opportunities Key Supplier Analysis
Pricing Models   Supplier Capability Matrix
 

Report Insights

  • The increased adoption of cloud-based ERP software due to lower upfront costs, which results from reduced infrastructure costs, is driving the global ERP software market.
  • Purchasing managers must identify specific goals of the business and then focus on the features and modules needed for each business process to achieve these goals. This will help purchasing managers integrate required modules into the ERP platform while reducing cost and improving efficiency.
  • The process of ERP implementation takes longer time due to several factors such as understanding the specific needs of the business, the time taken during internal decision making, and data transfer from legacy systems to ERP software.

This report is available at a discount for a limited time only: View the report snapshot before purchasing

ERP Software Pricing Trends

The ERP software market mostly implements named user pricing and subscription-based pricing. The named user pricing offers a dedicated license that can be accessed only by them. This pricing model also provides a clear picture of the usage. Hence costs associated with procurement can be predicted.

The subscription-based pricing model offers transparency in pricing because the cost is determined only in terms of scalability and users. Furthermore, no payment has to be made for purchasing the software, thus making the ERP software accessible to growing SMEs.

Get unlimited access to all our reports. Our Insights platform provides ready-to-use procurement research reports, latest supplier news, innovation landscape, markets insights, supplier tracking, and much more at the click of a button. Start your 14-day trial now.

We also customize reports to meet clients’ requirements.

Browse Related Reports:

About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred procurement market intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.

Contacts

SpendEdge
Shilpa Balakrishnan
US: +1 (844) 746-0600
hello@spendedge.com

Release Summary

SpendEdge has announced the release of their Global ERP Software Procurement Market Intelligence Report.

Contacts

SpendEdge
Shilpa Balakrishnan
US: +1 (844) 746-0600
hello@spendedge.com