About Travel and Expense Management Software
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.
Technavio’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.
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
Technavio'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
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
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market assumptions
• Global travel and expense management software market
• Global travel management software market
• Global expense management software market
PART 06: Market segmentation by deployment model
• Deployment models
• Segmentation of global travel and expense management software market by deployment model 2015-2020
• Global SaaS-based travel and expense management software market
• Global on-premises travel and expense management software market
PART 07: Geographical segmentation
• Global travel and expense management software market segmentation by geography
• Global travel and expense management software market segmentation by geography (revenue)
PART 08: Buying criteria
PART 09: Market drivers
• Emergence of SaaS-based travel and expense management software
• Increased need to reduce expenses and operational costs
• Hassle-free claims and reimbursement
PART 10: Impact of drivers
PART 11: Market challenges
• Threat from open-source travel and expense management
• Shortage of skilled professionals
• Adherence to regulatory compliance
PART 12: Impact of drivers and challenges
PART 13: Market trends
• Broader access to travel and expense portal through mobile apps
• Increased need for visibility into spending
• Increased adoption of travel and expense management software in mid-sized enterprises
PART 14: Five forces model
PART 15: Vendor landscape
• Major vendor offerings
• Vendor matrix
• Competitive scenario
• Vendor rating
• Description of major vendors
• Vendor highlights
• Other prominent vendors
PART 16: Appendix
• List of abbreviations
PART 17: Explore Technavio
List of Exhibits
Exhibit 01: Major countries considered
Exhibit 02: Overview of global travel and expense management software market
Exhibit 03: Market assumptions
Exhibit 04: Global travel and expense management software market 2015-2020 ($ billions)
Exhibit 05: YoY growth rate comparison between travel and expense management software
Exhibit 06: Comparison of CAGR among travel and expense management software 2015-2020
Exhibit 07: Global travel management software market 2015-2020 ($ billions)
Exhibit 08: Global expense management software market 2015-2020 ($ billions)
Exhibit 09: Deployment models for travel and expense management software
Exhibit 10: Segmentation of global travel and expense management software market by deployment model 2015-2020 (% share)
Exhibit 11: Difference between on-premises and SaaS-based travel and expense management software
Exhibit 12: Global SaaS-based travel and expense management software market 2015-2020 ($ billions)
Exhibit 13: Global on-premises travel and expense management software market 2015-2020 ($ billions)
Exhibit 14: Geographical segmentation of global travel and expense management software market 2015-2020 (% share)
Exhibit 15: Global travel and expense management software market segmentation by geography 2015-2020 ($ billions)
Exhibit 16: Buying criteria
Exhibit 17: Impact of drivers
Exhibit 18: Regulatory compliance related to travel and expense management software market
Exhibit 19: Impact of drivers and challenges
Exhibit 20: Five forces model
Exhibit 21: Product offerings
Exhibit 22: Vendor matrix
Exhibit 23: Licensing models
Exhibit 24: Vendor rating
Exhibit 25: Version of software provided by vendor
Exhibit 26: Vendor key news
Exhibit 27: Global travel and expense management software market: Major M&A 2014-2015
Exhibit 28: Other prominent vendors in global travel and expense management software market
