Latest research study insights on "Global Travel and Expense Management Software Market 2017-2021"

Albany, NY -- (SBWire) -- 06/13/2018 --Travel and expense management software is used by enterprises to manage and audit the expenses by their employees that include travel. This software helps maintain the transparency between enterprise and its employees regarding their expenses on business trips. The software is used by enterprises to control and monitor expense reports, which help streamline the business process and prevent fraud and human error. It also increases the transparency among employees and enterprises for entire reimbursement claim process, reduces travel costs, and improves the efficiency of enterprises.

The global travel and expense management software market to grow at a CAGR of 7.66% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global travel and expense management software market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of software license of travel and expense management software.

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The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Travel and Expense Management Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
American Express Global Business Travel
Apptricity
AvidXchange
Basware
Certify
Chrome River Technologies
Coupa Software
DATABASICS
Expense8
ExpenseAnywhere
Expensify
Expenzing
Infor
InterplX
Oracle
Paychex
SAP
Serko
Skyjunxion
Traveldoo
TraveluXion
Trippeo Technologies
Unit4

Market driver
Pricing strategies of vendors
For a full, detailed list, view our report

Market challenge
High implementation and maintenance costs
For a full, detailed list, view our report

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Market trend
Introduction of travel and expense management mobile app
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?