Dallas, TX -- (SBWIRE) -- 03/28/2011 -- In comparison to other technologies, the SaaS based expense management market is relatively small with low adoption rates. Despite this, the market is expected to see good growth with several big players driving growth. Organizations have begun to realize the need for centralizing expense related management. Travel related compliances have been the key reason for this growing trend.
Increasing needs to tap purchase relation information and increasing compliances have been key drivers of this market. However there are integration issues with pre-existing processes. This has proven to be a major challenge to the growth of this market.
TechNavio’s “SaaS based expense management market 2010-2014” report has been prepared based on an in-depth study of the market along with inputs from industry experts. The report contains market and vendor landscape supported by drivers, restraints and trends. It also contains an analysis of key vendors in the market.
For the purpose of this report the market covers the global SaaS based expense management solution market. It also includes vendors who are core compliance spend management solution providers and provide expense management solutions. Vendors who provide expense management solutions as a part of their other IT offerings have also been included.
Table Of Contents
1. Executive Summary
2. Introduction
3. Market Landscape
4. Vendor Landscape
5. SaaS Based Expense Management Market Growth Drivers
6. SaaS Based Expense Management Market Challenges
7. SaaS Based Expense Management Market Trends
8. Key Vendor Analysis
8.1 Concur Technologies, Inc
8.2 Ariba Inc.
8.3 IBM Corp
8.4 Oracle Corp.
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List of Exhibits
Exhibit 1: Overall SaaS Based Expense Management Market Size (2010 – 2014)
Exhibit 2: Market Share by Geography
Exhibit 3: Market Share by Vendors
Source: SaaS Market
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