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Download Free sampleProcure-to-pay is a term used in the software industry to designate a specific subdivision of the procurement process. The procure-to-pay systems enable the integration of the purchasing department with the accounts payable (AP) department. Some of the largest players of the software industry agree on a common definition of procure-to-pay, linking the procurement process and financial department. The steps usually included are: Supply management; Cart or requisition; Purchase order; Receiving; Invoice reconciliation; Accounts payable.
Procure-to-Pay Suites Market contains market size and forecasts of Procure-to-Pay Suites in Global, including the following market information:
Global Procure-to-Pay Suites Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Procure-to-Pay Suites market was valued at 1906.6 million in 2021 and is projected to reach US$ 3378.8 million by 2028, at a CAGR of 8.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Cloud Based Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Procure-to-Pay Suites include SAP Ariba, Coupa, Oracle, Basware, JAGGAER, GEP, Zycus, BirchStreet Systems and Proactis, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Procure-to-Pay Suites companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Procure-to-Pay Suites Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Procure-to-Pay Suites Market Segment Percentages, by Type, 2021 (%)
Cloud Based
SaaS Based
Global Procure-to-Pay Suites Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Procure-to-Pay Suites Market Segment Percentages, by Application, 2021 (%)
SMEs
Large Enterprises
Global Procure-to-Pay Suites Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Procure-to-Pay Suites Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Procure-to-Pay Suites revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Procure-to-Pay Suites revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
SAP Ariba
Coupa
Oracle
Basware
JAGGAER
GEP
Zycus
BirchStreet Systems
Proactis
Infor
SynerTrade
Comarch
Ivalua
Xeeva
Wax Digital
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