Global Procure to Pay Solutions Market- By Solutions (Strategic Sourcing, Spend Management, Category Management, Process Management, Contract Management, Transactions Management), By End-User (Banking, Telecommunication, Healthcare, Retail & ecommerce, Manufacturing, Others), By Organization Size (Large Enterprises, Small and Medium-sized Enterprises (SMEs)), and By Region (North America, Europe, Asia Pacific, South America, and Middle East, & Africa)- Global forecast from 2020-2027.

The Global Procure to Pay Solutions market has fuelled the market demand owing to rising digital payment methods and technology advancement
The global procure to pay solutions market expected to increase market value by USD 11.56 billion, with spurring CAGR in the forecast period from 2020-2027. The market demand for global procure to pay solutions is emerging due to the growing BPO sector, reducing paper-based solution documentation, and growing large enterprises fueling market growth.
The increasing digitization and technology advancement is the rising demand for digital payment methods to reduce financial error and eliminate the risk of fraud and improve the procurement process.
 

Moreover, the adoption of procure to pay solutions in various companies is emerging. It provides multiple benefits that significantly reduce comprehensive procurement costs for enterprises and transform corporate procurement from transactional work to strategic and service-oriented and helps enterprises achieve digital procurement transformation.
 

Solutions overview in the Global Procure to Pay Solutions Market
Based on the solutions, the global procures to pay solutions market segmented into Strategic Sourcing, Spend Management, Category Management, Process Management, Contract Management, Transactions Management. The strategic sourcing segment is dominating the global procure to pay the solutions market in the forecast period. The rising need for strategic sourcing in the procurement process will intensify the profitability, operating cost, functions, and operations of the companies. Moreover, it tracks all the activity, steps in the procurement process by streamlining them, and reduce the chances of any mistake.
 

End-User overview in the Global Procure to Pay Solutions Market
Based on the end-user, the global procurement to pay solutions market classified into Banking, Telecommunication, Healthcare, Retail & eCommerce, Manufacturing, and Others. The manufacturing companies segment dominates the market share for the global procure to pay solutions market. The manufacturing companies face various difficult situation like poor visibility of information from procurement to payment makes it difficult for companies to quickly identify and resolve inefficiencies and problems. In addition, without clear visibility of information from procurement to payment, it is difficult for the procurement department to effectively track its operational performance or predict and meet future needs. Therefore, with the adoption of procure to pay solutions in the companies helps in improving the supply chain, operational efficiency and reduce the wastage of time.
 

Organization Size overview in the Global Procure to Pay Solutions Market
Based on the organization size, the global procure to pay solutions market bifurcated into Large Enterprises, Small, and Medium-sized Enterprises (SMEs). The large enterprises segment helps in fueling the market share for the global procure to pay the solutions market. The large organization are adopting easy solutions for procurement process owing to the rising customer which increases the chances of error and reduce efficiency. Therefore, advancement in technology is fueling the market share of procure to pay solutions in every organization by transforming their procurement process digitally.
 

Region overview in the Global Procure to Pay Solutions Market
Based on geography, the global procures to pay solutions market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is the worlds fastest-growing global procure to pay solutions market, accounting for the largest share. It is mainly due to the rising adoption of digital payment, growing procure to pay outsourcing activities in private and government sector are fueling the market share for the North America market.
 

Global Procure to Pay Solutions Market: Competitive Landscape
Companies such as SAP SE, Zycus Inc., Infosys Limited, Bertelsmann SE & Co., Comarch SA, Ariba Inc., ProActis, GEP and others are key players for global procure to pay solutions market.

Global Procure to Pay Solutions Market

Report Content
1. Research Strategic Development
1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation
2. Research Methodology
2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation
3. Executive Summary
4. Market Insights
4.1. Economic Factor Analysis
4.1.1. Drivers
4.1.2. Trends
4.1.3. Opportunities
4.1.4. Challenges
4.2. Competitors & Product Analysis
4.3. Regulatory Framework
4.4. Company market share analysis, 2019
4.5. Porter’s Five forces analysis
4.6. New Investment Analysis
4.7. PESTEL Analysis
5. Global Procure to Pay Solutions Market Overview
5.1. Market Size & Forecast, 2016-2027
5.1.1. Demand
5.1.1.1. By Value (USD Million)
5.2. Market Share & Forecast, 2016-2027
5.2.1. By Solutions
5.2.1.1. Strategic Sourcing
5.2.1.2. Spend Management
5.2.1.3. Category Management
5.2.1.4. Process Management
5.2.1.5. Contract Management
5.2.1.6. Transactions Management
5.2.2. By End-User
5.2.2.1. Banking
5.2.2.2. Telecommunication
5.2.2.3. Healthcare
5.2.2.4. Retail & ecommerce
5.2.2.5. Manufacturing
5.2.2.6. Others
5.2.3. By Organization Size
5.2.3.1. Large organization
5.2.3.2. Small and Medium-sized Enterprises (SMEs)
5.2.4. By Region
5.2.4.1. Europe
5.2.4.2. North America
5.2.4.3. Asia Pacific
5.2.4.4. South America
5.2.4.5. Middle East & Africa
6. Europe Procure to Pay Solutions Market Overview
6.1. Europe Procure to Pay Solutions Market Size & Forecast, 2016-2027
6.1.1. Demand
6.1.1.1. By Value (USD Million)
6.2. Europe Procure to Pay Solutions Market Share & Forecast, 2016-2027
6.2.1. By Solutions
6.2.1.1. Strategic Sourcing
6.2.1.2. Spend Management
6.2.1.3. Category Management
6.2.1.4. Process Management
6.2.1.5. Contract Management
6.2.1.6. Transactions Management
6.2.2. By End-User
6.2.2.1. Banking
6.2.2.2. Telecommunication
6.2.2.3. Healthcare
6.2.2.4. Retail & ecommerce
6.2.2.5. Manufacturing
6.2.2.6. Others
6.2.3. By Organization Size
6.2.3.1. Large organization
6.2.3.2. Small and Medium-sized Enterprises (SMEs)
6.2.4. By Country
6.2.4.1. Germany
6.2.4.2. UK
6.2.4.3. France
6.2.4.4. Italy
6.2.4.5. Rest of Europe
6.2.5. Company Market Share (Top 3-5)
6.2.6. Economic Impact Study on Europe Procure to Pay Solutions Market
7. North America Procure to Pay Solutions Market Overview
7.1. North America Procure to Pay Solutions Market Size & Forecast, 2016-2027
7.1.1. Demand
7.1.1.1. By Value (USD Million)
7.2. North America Procure to Pay Solutions Market Share & Forecast, 2016-2027
7.2.1. By Solutions
7.2.1.1. Strategic Sourcing
7.2.1.2. Spend Management
7.2.1.3. Category Management
7.2.1.4. Process Management
7.2.1.5. Contract Management
7.2.1.6. Transactions Management
7.2.2. By End-User
7.2.2.1. Banking
7.2.2.2. Telecommunication
7.2.2.3. Healthcare
7.2.2.4. Retail & ecommerce
7.2.2.5. Manufacturing
7.2.2.6. Others
7.2.3. By Organization Size
7.2.3.1. Large organization
7.2.3.2. Small and Medium-sized Enterprises (SMEs)
7.2.4. By Country
7.2.4.1. US
7.2.4.2. Canada
7.2.4.3. Mexico
7.2.5. Company Market Share (Top 3-5)
7.2.6. Economic Impact Study on North America Procure to Pay Solutions Market
8. Asia Pacific Procure to Pay Solutions Market Overview
8.1. Asia Pacific Procure to Pay Solutions Market Size & Forecast, 2016-2027
8.1.1. Demand
8.1.1.1. By Value (USD Million)
8.2. Asia Pacific Procure to Pay Solutions Market Share & Forecast, 2016-2027
8.2.1. By Solutions
8.2.1.1. Strategic Sourcing
8.2.1.2. Spend Management
8.2.1.3. Category Management
8.2.1.4. Process Management
8.2.1.5. Contract Management
8.2.1.6. Transactions Management
8.2.2. By End-User
8.2.2.1. Banking
8.2.2.2. Telecommunication
8.2.2.3. Healthcare
8.2.2.4. Retail & ecommerce
8.2.2.5. Manufacturing
8.2.2.6. Others
8.2.3. By Organization Size
8.2.3.1. Large organization
8.2.3.2. Small and Medium-sized Enterprises (SMEs)
8.2.4. By Country
8.2.4.1. China
8.2.4.2. India
8.2.4.3. Japan
8.2.4.4. Australia
8.2.4.5. Rest of Asia Pacific
8.2.5. Company Market Share (Top 3-5)
8.2.6. Economic Procure to Pay Solutions Market Overview
8.3. South America Procure to Pay Solutions Market Size & Forecast, 2016-2027
8.3.1. Demand
8.3.1.1. By Value (USD Million)
8.4. South America Procure to Pay Solutions Market Share & Forecast, 2016-2027
8.4.1. By Solutions
8.4.1.1. Strategic Sourcing
8.4.1.2. Spend Management
8.4.1.3. Category Management
8.4.1.4. Process Management
8.4.1.5. Contract Management
8.4.1.6. Transactions Management
8.4.2. By End-User
8.4.2.1. Banking
8.4.2.2. Telecommunication
8.4.2.3. Healthcare
8.4.2.4. Retail & ecommerce
8.4.2.5. Manufacturing
8.4.2.6. Others
8.4.3. By Organization Size
8.4.3.1. Large organization
8.4.3.2. Small and Medium-sized Enterprises (SMEs)
8.4.4. By Country
8.4.4.1. Brazil
8.4.4.2. Argentina
8.4.4.3. Rest of South America
8.4.5. Company Market Share (Top 3-5)
8.4.6. Economic Impact Study on South America Procure to Pay Solutions Market
9. Middle East & Africa Procure to Pay Solutions Market Overview
9.1. Middle East & Africa Procure to Pay Solutions Market Size & Forecast, 2016-2027
9.1.1. Demand
9.1.1.1. By Value (USD Million)
9.2. Middle East & Africa Procure to Pay Solutions Market Share & Forecast, 2016-2027
9.2.1. By Solutions
9.2.1.1. Strategic Sourcing
9.2.1.2. Spend Management
9.2.1.3. Category Management
9.2.1.4. Process Management
9.2.1.5. Contract Management
9.2.1.6. Transactions Management
9.2.2. By End-User
9.2.2.1. Banking
9.2.2.2. Telecommunication
9.2.2.3. Healthcare
9.2.2.4. Retail & ecommerce
9.2.2.5. Manufacturing
9.2.2.6. Others
9.2.3. By Organization Size
9.2.3.1. Large organization
9.2.3.2. Small and Medium-sized Enterprises (SMEs)
9.2.4. By Country
9.2.4.1. Saudi Arabia
9.2.4.2. UAE
9.2.4.3. South Africa
9.2.4.4. Rest of Middle East & Africa
9.2.5. Company Market Share (Top 3-5)
9.2.6. Economic Impact Study on Middle East & Africa Procure to Pay Solutions Market
10. Competitor Analysis
10.1. Company Description
10.2. Financial Analysis
10.3. Key Products
10.4. Key Management Personnel
10.5. Contact Address
10.6. SWOT Analysis
10.7. Company Profile
10.7.1.1. SAP SE
10.7.1.2. Zycus Inc.
10.7.1.3. Infosys Limited
10.7.1.4. Bertelsmann SE & Co.
10.7.1.5. Comarch SA
10.7.1.6. Ariba Inc.
10.7.1.7. ProActis
10.7.1.8. GEP
10.7.1.9. Other players

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