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(I-SoftwareNews.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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Rajat Sahni
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Source: EmailWire.Com 
Source: EmailWire.com
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