Research > Market Share: Procure-to-Pay (P2P), 2025, USA
03.06.2025
Domain:Enterprise Applications
Sub Domain:Procurement Systems
Price:$ 4,900
Market Share: Procure-to-Pay (P2P), 2025, USA
Report Description:
QKS Group Reveals that Procure-to-Pay Market is Projected to Register a CAGR of below average by 2030 in USA.
The United States, although a leader in many technological advancements, is seeing a below-average growth rate in the Procure-to-Pay (P2P) market. This can be attributed to several factors, including market saturation and slower adoption rates of newer P2P technologies compared to other regions. Many organizations in the US have established procurement and payment processes, which are more resistant to change due to high switching costs and the complexity of integrating new systems with legacy infrastructure. Additionally, the emphasis on stringent regulatory compliance and security concerns further slows down the pace of innovation and adoption of advanced P2P solutions. Consequently, the growth trajectory in the US for Procure-to-Pay remains subdued as companies cautiously evaluate the return on investment for implementing new solutions.
A Procure-to-Pay (P2P) platform enables organizations to manage and streamline the end-to-end procurement lifecycle, from requisitioning, purchasing, payment processing, and accounting for goods and services. A P2P system integrates with various cross-functional departments, including purchase, inventory, accounts payable, finance, and others to provide a single source of truth and allow organizations to track end-to-end processes for improving operational efficiency, as well as supplier communication, and relationship management. It provides organizations with real-time visibility into spend, purchase decisions, and prices, pertaining to every supplier across the procurement process. Organizations are leveraging P2P solutions for optimizing procurement costs, mitigating financial and supplier risks, and achieving regulatory compliance and desired KPIs.
Key questions this study will answer:
Vendors covered in this Study:
Coupa, SAP (Ariba), GEP, Ivalua, Zycus, Jaggaer, Basware, Synertrade, Elcom, Oracle, OpusCapita, Corcentric, Medius, Proactis, Esker, BirchStreet Systems, and Varis.
Table of Content:
Chapter 01: Executive Summary
Chapter 02: Market Overview
Chapter 03: Market Share Analysis
Chapter 04: Company Profile
Chapter 05: Appendix
List of Figures
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