Overview

If your company is looking to save time and money during the initial stages of the buying process, IBISWorld’s Expense Management Software procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Expense Management Software, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Expense Management Software - Recent Price Trend

In the three years to 2017, the price of expense management software has been increasing slightly at an estimated average annual rate of 0.3% to reach $8.06 per user per month. Increasing price-based competition concerning licenses, subscriptions and related support services, as well as shifting technology trends, have limited price increases driven by growing demand.The market’s competitive...

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Expense Management Software - Total Cost of Ownership

Buyers face a high total cost of ownership when purchasing expense management software due to a variety of additional costs associated with the software, including fees related to installation, integration, data conversion, energy consumption, software maintenance and training courses. Total ownership costs will also vary depending upon the depth of functionality buyers require, especially in...

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About this Report

This report is intended to assist buyers of expense management software. Expense management software helps businesses simplify the process of managing expenses and tracking spending trends. Expense management software can increase the transparency of an organization’s spending by automating payment requests, expense reports, timesheets and travel expenses. This report does not cover accounting or ERP software.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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