Travel and Expense Management Software Market 2016 Geographical Segmentation, Size, Trends, Growth and Forecasts
Travel and expense management software is deployed by enterprises to manage and audit employee-initiated expenses that include travel and entertainment. The software helps control and monitor expense reports, thereby streamlining the business process and preventing fraud and human error. It also increases visibility across the entire reimbursement claim process, reduces travel costs, and improves the efficiency of enterprises.
Publisher’s analysts forecast the global travel and expense management software market to grow at a CAGR of 6.96% and 7.70% respectively during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global travel and expense management software market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of travel and expense management software licenses, installation and implementation of software, training, maintenance, and subscriptions.
The market is divided into the following segments based on geography:
-APAC
-Europe
-MEA
-North America
-South America
Publisher’s report, Global Travel and Expense Management Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
-Concur (SAP)
-Certify
-Expensify
-Chrome River Technologies
-Infor
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Other prominent vendors
-Apptricity Corp.
-Ariett
-Basware
-Coupa Software
-DATABASICS
-Expense8
-Fraedom
-Insperity
-InterplX
-KDS
-NetSuite
-Nexonia
-Nexstep Infotech
-Oracle
-Paychex
-Serko
-Skyjunxion
-Tallie
-Trippeo Technologies
-Traveldoo SAS
-TraveluXion
-Unit4
-Virtual Communications
Market driver
-Hassle-free claims and reimbursement.
-For a full, detailed list, view our report
Market challenge
-Lack of control and flexibility over expense management software.
-For a full, detailed list, view our report
Market trend
-Increased adoption of travel and expense management solutions in mid-sized enterprises.
-For a full, detailed list, view our report
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