Global Travel and Expense Management Software Market 2019-2023
|発行||TechNavio (Infiniti Research Ltd.)||商品コード||387480|
|出版日||ページ情報||英文 114 Pages
|出張・経費管理ソフトウェアの世界市場：2019年〜2023年 Global Travel and Expense Management Software Market 2019-2023|
|出版日: 2018年12月17日||ページ情報: 英文 114 Pages||
世界の旅費・経費管理ソフトウェア市場は、2023年までの間、およそ12%のCAGR (複合年間成長率) で拡大することが予測されています。
Use of artificial intelligence (AI) with travel and expense management software to trend in the market. AI in travel and expense software can reduce or even eliminate frauds by auditing the authenticity of the expense submitted by employees. One of the primary problems faced by enterprises is the increasing volume of travel and expense report submitted by the employees every year as it becomes difficult for the finance departments to audit these reports in detail. Using AI, enterprises can perform an automated policy check and audit trail and flag non-compliant employees. Technavio' s analysts have predicted that the travel and expense management software market will register a CAGR of almost 12% by 2023.
Increasing mobile workforce Owing to the growing adoption of technologies and enhanced connectivity among enterprises, mobile workforces are becoming a norm among enterprises in industries such as healthcare. Employees such as sales representatives, pharmaceutical representatives, and merchandisers are examples of mobile workforces.
Cyberattacks by hackers and cybercriminals are growing at an alarming rate. The number of cyberattacks such as network attack by hackers is rising globally. In this market, most of the vendors are offering SaaS-based travel and expense management solution, which is increasing the chances of network attacks.
For the detailed list of factors that will drive and challenge the growth of the travel and expense management software market during the 2019-2023, view our report.
The market appears to be fragmented and with the presence of several companies including Infor and SAP (Concur) the competitive environment is quite intense. Factors such as the use of artificial intelligence (AI) with travel and expense management software and the increasing mobile workforce, will provide considerable growth opportunities to travel and expense management software manufactures. Certify, Chrome River Technologies, Expensify, Infor, and SAP (Concur) are some of the major companies covered in this report.