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Procurement Software Market Growth Analysis, Industry Development 2025

(EMAILWIRE.COM, January 19, 2019 ) The procurement industry is growing rapidly with the increasing needs of an organization. To survive and sustain in this intensely competitive market, vendors are focusing on improving their delivery models with technology. The process or the action to acquire goods and services is known as procurement.

Procurement software is a computer program helps in generating a purchase order, executing the ordering process online, and matching invoices to materials received, and paying all bills electronically. It helps in reducing external costs, process efficiencies, spending controls, increases productivity and generating electronic requests for information (e-RFI), requests for proposal (e-RFP) and requests for quotation (e-RFQ). Procurement software including E-procurement reduces the overall procurement life cycle.

This report focuses on the global Procurement Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Procurement Software development in United States, Europe and China.

Procurement software is a program that allows organizations to automate the process of purchasing resources and managing inventory.

The rising need for the automation of procurement processes will drive the growth prospects for the global procurement software market in the forthcoming years.

The key players covered in this study Basware, IBM, Oracle, PROACTIS, SAP, SciQuest, BravoSolution, BuyerQuest, Coupa Software, Elcom, Epicor, Infor, IQNavigator, Ivalua, JDA Software

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Market segment by Type, the product can be split into

Cloud

On-premises

Market segment by Application, split into

The School

The Factory

The Hospital

The Supermarket

Other

Market segment by Regions/Countries, this report covers

United States

Europe

China

Japan

Southeast Asia

India

Central & South America

The study objectives of this report are:

To analyze global Procurement Software status, future forecast, growth opportunity, key market and key players.

To present the Procurement Software development in United States, Europe and China.

To strategically profile the key players and comprehensively analyze their development plan and strategies.

To define, describe and forecast the market by product type, market and key regions.

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Table of Content

1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 United States
6 Europe
7 China
8 Japan
9 Southeast Asia
10 India
11 Central & South America
12 International Players Profiles

12.1 Basware

12.1.1 Basware Company Details

12.1.2 Company Description and Business Overview

12.1.3 Procurement Software Introduction

12.1.4 Basware Revenue in Procurement Software Business (2013-2018)

12.1.5 Basware Recent Development

12.2 IBM

12.2.1 IBM Company Details

12.2.2 Company Description and Business Overview

12.2.3 Procurement Software Introduction

12.2.4 IBM Revenue in Procurement Software Business (2013-2018)

12.2.5 IBM Recent Development

12.3 Oracle

12.3.1 Oracle Company Details

12.3.2 Company Description and Business Overview

12.3.3 Procurement Software Introduction

12.3.4 Oracle Revenue in Procurement Software Business (2013-2018)

12.3.5 Oracle Recent Development
13 Market Forecast 2018-2025

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ReportsWeb.com
Rajat Sahni
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sales@reportsweb.com

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