DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Procurement Software Market 2017-2021" report to their offering.
The global procurement software market to grow at a CAGR of 10.16% during the period 2017-2021.
Global Procurement Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
According to the report, one driver in market is consolidation of SCM process. Since 2012, supply chains have become complex. Many suppliers cater to different industries globally, making it necessary for them to reduce the complexity of their supply chains. Procurement software helps users integrate business processes and improve the value of businesses. Chief procurement officers prefer this solution for ensuring transparency in financial supply chains and contract details and for generating invoices to complete payments. This is done by integrating e-sourcing and procurement software, where the software works with the finance department of an organization to improve the balance sheet as well as offer early payment discounts to suppliers, thus reducing supply risk.
This helps the organization improve the visibility of resources of the supply chain. Business-to-business (B2B) standards are evolving, so procurement software vendors need to support many different business processes within a customer's supply chain. Also, several companies are changing their business strategies, which require inventory planning and software that can support this.
Key vendors:
- Basware
- IBM
- Oracle
- PROACTIS
- SAP
-
SciQuest
Other prominent vendors:
- BravoSolution
- BuyerQuest
- Coupa Software Inc.
- Elcom
- Epicor
- Infor
- IQNavigator
- Ivalua
- JDA Software
- Manhattan Associates
- OpusCapita
- Tradeshift
- Tungsten Network
- Vinimaya
-
Zycus
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market description
Part 06: Market landscape
Part 07: Market segmentation by deployment type
Part 08: Geographical segmentation
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Five forces analysis
Part 15: Vendor landscape
Part 16: Key vendor analysis
Part 17: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/g8kn9v/global
