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Global Procure-To-Pay Solutions Market Research Report 2024
Synopsis
Procure-To-Pay Solutions is a fully integrated solution designed to support an end-to-end process that begins with goods and services requisitioning and ends with ready-to-pay files for upload into an accounts payable system.
The global Procure-To-Pay Solutions market was valued at US$ 6214 million in 2023 and is anticipated to reach US$ 9840.3 million by 2030, witnessing a CAGR of 6.8% during the forecast period 2024-2030.
Increasing demand for digitization: The digital transformation of enterprises has been increasingly recognized in recent years. Enterprises need to replace traditional paper-based procurement and payment processes with electronic procurement and payment solutions to improve efficiency, reduce costs, and enhance auditability. P2P solutions can help enterprises digitize procurement and payment processes, improve internal management, and comply with regulatory requirements.
Growth of the e-commerce industry: The e-commerce industry has been developing rapidly in recent years, especially in the field of business-to-business (B2B) e-commerce. P2P solutions can support electronic procurement and payment in the B2B e-commerce market, simplifying the purchase process, shortening the payment cycle, and reducing transaction costs.
Integration with enterprise resource planning systems: P2P solutions can be seamlessly integrated with enterprise resource planning (ERP) systems to enable enterprises to manage their financial resources, inventory, and other components of the business in a more integrated manner. This integration allows enterprises to have a more comprehensive understanding of their financial status and operating conditions, and make better decisions.
Increasing demand for compliance and governance: With the development of the global economy and the improvement of regulatory requirements, enterprises need to comply with more laws and regulations, including those related to procurement and payment. P2P solutions can help enterprises achieve compliance and governance in procurement and payment processes by automating auditing, monitoring, and control functions.
This report aims to provide a comprehensive presentation of the global market for Procure-To-Pay Solutions, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Procure-To-Pay Solutions.
Report Scope
The Procure-To-Pay Solutions market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Procure-To-Pay Solutions market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Procure-To-Pay Solutions companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Zycus
Arvato
Ariba
GEP
SAP
Infosys
Comarch
Proactis
Segment by Type
Cloud Based
On-premises
Segment by Application
SMEs
Large Enterprises
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Procure-To-Pay Solutions companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Procure-To-Pay Solutions is a fully integrated solution designed to support an end-to-end process that begins with goods and services requisitioning and ends with ready-to-pay files for upload into an accounts payable system.
The global Procure-To-Pay Solutions market was valued at US$ 6214 million in 2023 and is anticipated to reach US$ 9840.3 million by 2030, witnessing a CAGR of 6.8% during the forecast period 2024-2030.
Increasing demand for digitization: The digital transformation of enterprises has been increasingly recognized in recent years. Enterprises need to replace traditional paper-based procurement and payment processes with electronic procurement and payment solutions to improve efficiency, reduce costs, and enhance auditability. P2P solutions can help enterprises digitize procurement and payment processes, improve internal management, and comply with regulatory requirements.
Growth of the e-commerce industry: The e-commerce industry has been developing rapidly in recent years, especially in the field of business-to-business (B2B) e-commerce. P2P solutions can support electronic procurement and payment in the B2B e-commerce market, simplifying the purchase process, shortening the payment cycle, and reducing transaction costs.
Integration with enterprise resource planning systems: P2P solutions can be seamlessly integrated with enterprise resource planning (ERP) systems to enable enterprises to manage their financial resources, inventory, and other components of the business in a more integrated manner. This integration allows enterprises to have a more comprehensive understanding of their financial status and operating conditions, and make better decisions.
Increasing demand for compliance and governance: With the development of the global economy and the improvement of regulatory requirements, enterprises need to comply with more laws and regulations, including those related to procurement and payment. P2P solutions can help enterprises achieve compliance and governance in procurement and payment processes by automating auditing, monitoring, and control functions.
This report aims to provide a comprehensive presentation of the global market for Procure-To-Pay Solutions, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Procure-To-Pay Solutions.
Report Scope
The Procure-To-Pay Solutions market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Procure-To-Pay Solutions market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Procure-To-Pay Solutions companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Zycus
Arvato
Ariba
GEP
SAP
Infosys
Comarch
Proactis
Segment by Type
Cloud Based
On-premises
Segment by Application
SMEs
Large Enterprises
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Procure-To-Pay Solutions companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Procure-To-Pay Solutions Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Cloud Based
1.2.3 On-premises
1.3 Market by Application
1.3.1 Global Procure-To-Pay Solutions Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 SMEs
1.3.3 Large Enterprises
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Procure-To-Pay Solutions Market Perspective (2019-2030)
2.2 Procure-To-Pay Solutions Growth Trends by Region
2.2.1 Global Procure-To-Pay Solutions Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Procure-To-Pay Solutions Historic Market Size by Region (2019-2024)
2.2.3 Procure-To-Pay Solutions Forecasted Market Size by Region (2025-2030)
2.3 Procure-To-Pay Solutions Market Dynamics
2.3.1 Procure-To-Pay Solutions Industry Trends
2.3.2 Procure-To-Pay Solutions Market Drivers
2.3.3 Procure-To-Pay Solutions Market Challenges
2.3.4 Procure-To-Pay Solutions Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Procure-To-Pay Solutions Players by Revenue
3.1.1 Global Top Procure-To-Pay Solutions Players by Revenue (2019-2024)
3.1.2 Global Procure-To-Pay Solutions Revenue Market Share by Players (2019-2024)
3.2 Global Procure-To-Pay Solutions Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Procure-To-Pay Solutions Revenue
3.4 Global Procure-To-Pay Solutions Market Concentration Ratio
3.4.1 Global Procure-To-Pay Solutions Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Procure-To-Pay Solutions Revenue in 2023
3.5 Procure-To-Pay Solutions Key Players Head office and Area Served
3.6 Key Players Procure-To-Pay Solutions Product Solution and Service
3.7 Date of Enter into Procure-To-Pay Solutions Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Procure-To-Pay Solutions Breakdown Data by Type
4.1 Global Procure-To-Pay Solutions Historic Market Size by Type (2019-2024)
4.2 Global Procure-To-Pay Solutions Forecasted Market Size by Type (2025-2030)
5 Procure-To-Pay Solutions Breakdown Data by Application
5.1 Global Procure-To-Pay Solutions Historic Market Size by Application (2019-2024)
5.2 Global Procure-To-Pay Solutions Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Procure-To-Pay Solutions Market Size (2019-2030)
6.2 North America Procure-To-Pay Solutions Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Procure-To-Pay Solutions Market Size by Country (2019-2024)
6.4 North America Procure-To-Pay Solutions Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Procure-To-Pay Solutions Market Size (2019-2030)
7.2 Europe Procure-To-Pay Solutions Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Procure-To-Pay Solutions Market Size by Country (2019-2024)
7.4 Europe Procure-To-Pay Solutions Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Procure-To-Pay Solutions Market Size (2019-2030)
8.2 Asia-Pacific Procure-To-Pay Solutions Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Procure-To-Pay Solutions Market Size by Region (2019-2024)
8.4 Asia-Pacific Procure-To-Pay Solutions Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Procure-To-Pay Solutions Market Size (2019-2030)
9.2 Latin America Procure-To-Pay Solutions Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Procure-To-Pay Solutions Market Size by Country (2019-2024)
9.4 Latin America Procure-To-Pay Solutions Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Procure-To-Pay Solutions Market Size (2019-2030)
10.2 Middle East & Africa Procure-To-Pay Solutions Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Procure-To-Pay Solutions Market Size by Country (2019-2024)
10.4 Middle East & Africa Procure-To-Pay Solutions Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Zycus
11.1.1 Zycus Company Detail
11.1.2 Zycus Business Overview
11.1.3 Zycus Procure-To-Pay Solutions Introduction
11.1.4 Zycus Revenue in Procure-To-Pay Solutions Business (2019-2024)
11.1.5 Zycus Recent Development
11.2 Arvato
11.2.1 Arvato Company Detail
11.2.2 Arvato Business Overview
11.2.3 Arvato Procure-To-Pay Solutions Introduction
11.2.4 Arvato Revenue in Procure-To-Pay Solutions Business (2019-2024)
11.2.5 Arvato Recent Development
11.3 Ariba
11.3.1 Ariba Company Detail
11.3.2 Ariba Business Overview
11.3.3 Ariba Procure-To-Pay Solutions Introduction
11.3.4 Ariba Revenue in Procure-To-Pay Solutions Business (2019-2024)
11.3.5 Ariba Recent Development
11.4 GEP
11.4.1 GEP Company Detail
11.4.2 GEP Business Overview
11.4.3 GEP Procure-To-Pay Solutions Introduction
11.4.4 GEP Revenue in Procure-To-Pay Solutions Business (2019-2024)
11.4.5 GEP Recent Development
11.5 SAP
11.5.1 SAP Company Detail
11.5.2 SAP Business Overview
11.5.3 SAP Procure-To-Pay Solutions Introduction
11.5.4 SAP Revenue in Procure-To-Pay Solutions Business (2019-2024)
11.5.5 SAP Recent Development
11.6 Infosys
11.6.1 Infosys Company Detail
11.6.2 Infosys Business Overview
11.6.3 Infosys Procure-To-Pay Solutions Introduction
11.6.4 Infosys Revenue in Procure-To-Pay Solutions Business (2019-2024)
11.6.5 Infosys Recent Development
11.7 Comarch
11.7.1 Comarch Company Detail
11.7.2 Comarch Business Overview
11.7.3 Comarch Procure-To-Pay Solutions Introduction
11.7.4 Comarch Revenue in Procure-To-Pay Solutions Business (2019-2024)
11.7.5 Comarch Recent Development
11.8 Proactis
11.8.1 Proactis Company Detail
11.8.2 Proactis Business Overview
11.8.3 Proactis Procure-To-Pay Solutions Introduction
11.8.4 Proactis Revenue in Procure-To-Pay Solutions Business (2019-2024)
11.8.5 Proactis Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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