AMA recognizes the following companies as the key players who are driving Accounts Payable (AP) & Spend Analysis Software market, some of them are IBM Corporation (United States), Oracle Corporation (United States), Coupa Software Inc. (United States), Zycunited States Inc. (United States), Proactis (United Kingdom), Empronc Solutions Pvt. Ltd. (India), Jaggaer (United States), Rosslyn Analytics, Ltd. (United Kingdom), Ivalua Inc. (United States) and Bravosolution Spa (United States).

According to the report, some of the important driving forces behind the market growth are “Increasing frauds in AP payments and rising demand for risk management software”. The primary concern of any business is the reduction of the overall operating cost. The increased need for operating efficiency and meeting regulatory demands at the same time have become major challenges for the original Players, additional restraints impacting market are “Lack of Awareness About Spend analysis” which is continuously seeking attention of Industry Experts and Decision makers.

The study was conducted using primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market study and vendor landscape in addition to a SWOT analysis of the key Players.

Available Customization: List of players that can be included in the study on immediate basis are Sap Se (Germany) and Sas Institute, Inc. (United States).