Spend management is the tried and true practice of comprehensively managing all supplier relationships and company purchasing to identify every dollar spent and get the most out of it. Spend management best practices integrate and automate all spend-related activities from source to settle so that buying happens as planned and suppliers get paid in compliance with contracts.
This report contains market size and forecasts of Total Spend Management Software in Global, including the following market information:
Global Total Spend Management Software Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Total Spend Management Software market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % 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 Total Spend Management Software include Expensify, Receipt Bank, Scanbot, SAP, Scannable, Procurify, Precoro, Ariba and ProcurementExpress.com, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Total Spend Management Software 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 Total Spend Management Software Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Total Spend Management Software Market Segment Percentages, by Type, 2021 (%)
Cloud-based
On-Premise
Global Total Spend Management Software Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Total Spend Management Software Market Segment Percentages, by Application, 2021 (%)
Consumer Goods
Healthcare & Pharmaceuticals
Retail
Manufacturing
Food & Beverages
Transportation & Logistics
Others
Global Total Spend Management Software Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Total Spend Management Software 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 Total Spend Management Software revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Total Spend Management Software revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Expensify
Receipt Bank
Scanbot
SAP
Scannable
Procurify
Precoro
Ariba
ProcurementExpress.com
Vroozi
Airbase
SMART by GEP
Coupa Spend Analysis
Fraxion
Resolvr
Accrualify
Claritum