Global SaaS-based Expense Management Market valued approximately USD XX million in 2018 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2019-2026. The SaaS-based Expense Management Market is continuously growing in the global scenario at significant pace. SaaS-based expense management includes the deployment of expense management systems as a web-based subscription service. This system helps in controlling and monitoring expense reports, thereby streamlining the business process and preventing fraud and human error. It also increases visibility across the entire reimbursement claim process, reducing travel costs and improving the efficiency of enterprises. The SaaS-based system is operated by a third-party organization as opposed to the installation and maintenance of an on-site business system. SaaS-based expense management has succeeded in changing the procurement of expense management systems from a capital expenditure to a pay-per-use subscription arrangement. Rising need to reduce expenses and operational costs in organization and growth in adoption of end-to-end expense management solutions are the substantial driving factors of the market during the forecast period. Moreover, broader access to expense portals through mobile apps and increase in need for visibility into expenditure are the factors that likely to create numerous opportunity in the near future. However, availability of in-house expense management systems and data security issues are the factors that limiting the growth of the market during the forecast period. The regional analysis of Global SaaS-based Expense Management Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World.

The major market player included in this report are:
Concur Technologies
SAP Ariba
IBM
Infor
Oracle
SumTotal Systems
SuitSoft
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Travel & Expense Management
Telecom Expense Management
Others

By Application:

Small & Medium Business
Large Business
Others

By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2016, 2017
Base year - 2018
Forecast period - 2019 to 2026

Target Audience of the Global SaaS-based Expense Management Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors