Global Accounts Payable and Procurement Services Market Research Report 2021 - Impact of COVID-19 on the Market

Accounts Payable refers to the account or a file which tracks the amount to be paid for services or products provided by a supplier. Accounts Payable Service is a vast term that incorporates generation of invoice or bills through computers. Procurement Services is dedicated to ensuring that all supplies, materials, equipment and services are procured at the lowest possible cost to RIT - cost being defined as the optimum combination of price, quality, availability, and service.
The Accounts Payable and Procurement Services market revenue was xx Million USD in 2016, grew to xx Million USD in 2021, and will reach xx Million USD in 2026, with a CAGR of xx during 2021-2026.

Considering the influence of COVID-19 on the global Accounts Payable and Procurement Services market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions.

This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery.

Under COVID-19 Outbreak, how the Accounts Payable and Procurement Services Industry will develop is also analyzed in detail in Chapter 1.8 of this report.

Major Players in Accounts Payable and Procurement Services market are:
Freshbooks
Yat Software
Aufait
Tipalti
Sage
Norming Software
Comindware
Araize
Procurify
Brightpearl
Intuit
KashFlow Software
PurchaseControl
Promena
Zoho
SAP
Micronetics
GEP
Paramount WorkPlace
MercuryGate International Inc
Bellwether
Acclivity Group
NybSys
Officewise
Xero
Tradogram
Coupa
Empronc Solutions Pvt
PaySimple
ProjecTools
FinancialForce
Agilyx New Zealand
Oracle

Most important types of Accounts Payable and Procurement Services products covered in this report are:
BPAAS Focus
SAAS Focus
Installed

Most widely used downstream fields of Accounts Payable and Procurement Services market covered in this report are:
SME (1-5 B)
SME (5-10 B )
Others

Major Region

s or countries covered in this report:
North America
Europe
China
Japan
Middle East and Africa
South America
India
South Korea
Southeast Asia
Others

In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations.

In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out.

In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.

Years considered for this report:

Historical Years:

2016-2020

Base Year:

2020

Estimated Year:

2021

Forecast Period:

2021-2026