- Over 200 Forbes 2000 companies rely on SpendEdge’s actionable insights.
- SpendEdge Is the Preferred Procurement Market Intelligence Partner for 120+ Fortune 500 Firms.
- SAP SE, Oracle Corp., and DXC Technology Co are a few of the key suppliers in the Procurement Subscription and Billing Management market
NEW YORK, July 19, 2022 /PRNewswire/ — The Procurement Subscription and Billing Management will grow at a CAGR of 13.22% by 2026. Prices will increase by 10%- 15% during the forecast period and suppliers will have a moderate bargaining power in this market. This report offers key advisory and intelligence to help buyers identify and shortlist the most suitable suppliers for their Procurement Subscription and Billing Management requirements.
Procurement Subscription and Billing Management Procurement report explains key category management objectives that should form the base for sourcing strategy, including:
- Top-line growth
- Scalability of inputs
- Green initiatives
- Category innovations
- Supply base rationalization
- Demand forecasting and governance
- Minimalization of ad hoc purchases
- Adherence to regulatory nuances
- Cost savings
- Customer retention
- Reduction of TCO
- Supply assurance
Price Strategies and Benchmark
To optimize the value of the purchase, it is crucial to keep a track of current and future price trends. Price forecasts are beneficial in purchase planning, especially when supplemented by the constant monitoring of price influencing factors. During the forecast period, the market expects an incremental spend of USD 4,518.87 million due to various market drivers prevalent across multiple regions. Also, the report speaks about various cost-saving factors through analysis of the below factors:
- Identify favorable opportunities in Procurement Subscription and Billing Management TCO (total cost of ownership)
- Expected changes in price forecast and factors driving the current and future price changes
- Identify pricing models that offer the most rewarding opportunities
Key Selling Reports:
1. Mobile Device Management – Forecast and Analysis: The mobile device management procurement category is projected to grow at a CAGR of 12.22%. International Business Machines Corp., BlackBerry Ltd., and Microsoft Corp. are among the prominent suppliers in mobile device management market. Click the above link to download the free sample of this report.
2. Corporate Training Sourcing and Procurement Report: Corporate Training Procurement, prices will increase by 8.93% – 9.40% during the forecast period and suppliers will have a moderate bargaining power in this market. Click the above link to download the free sample of this report
3. Temporary Corporate Housing – Sourcing and Procurement Intelligence Report: This report offers detailed insights and analysis of the major cost drivers, volume drivers, and innovations of the temporary corporate housing procurement and sourcing market, which the global suppliers have been leveraging to gain a competitive edge across regions. Click the above link to download the free sample of this report.
Table of Content
- Executive Summary
- Market Insights
- Category Pricing Insights
- Cost-saving Opportunities
- Best Practices
- Category Ecosystem
- Category Management Strategy
- Category Management Enablers
- Suppliers Selection
- Suppliers under Coverage
- US Market Insights
- Category scope
About SpendEdge:
SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions.
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SpendEdge
Anirban Choudhury
Marketing Manager
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https://www.spendedge.com/contact-us
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