English PR-Wirein Press Release Reportedtimes Research Newswire

Accounts Payable & Procurement Services Market Will Hit Big Revenues In Future | Black & Veatch, Genpact, Avendra

Latest released the research study on Global Accounts Payable & Procurement Services Market, offers a detailed overview of the factors influencing the global business scope. Accounts Payable & Procurement Services Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Accounts Payable & Procurement Services The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are GEP (United States), Corcentric, Inc. (United States), Infosys (India), QX Global Group Ltd. (United Kingdom), IBM (United States), Bioprocure, Inc. (United States), Accenture (Ireland), Capgemini (France), Genpact (United States), Wipro (India), Avendra, LLC (United States) and Black & Veatch (United States)

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Accounts Payable & Procurement Services Market Definition:

Account payable and procurement service refers to maintaining the company’s liability or debt owed due to the purchasing of services and products in a ledger. Growing digital transformation and complexity to maintain account payables or ledger in the spreadsheets or papers has led organizations towards the outsourcing of account payable & procurement to reduce the IT cost and eliminate errors. The huge amount of purchase of raw materials or goods in the manufacturing sector will accelerate the market growth as it helps to improve the payment process and maintain better relations with suppliers.

Key Developments in the Market:

In 2018, Corcentric announced the acquisition of Source One Management Services, a leading provider of tech-enabled procurement services to expand its sourcing and procurement services. The acquisition will bring Source One’s sourcing and procurement expertise and allow Corcentric to provide its services to more customers while increasing value across finance and procurement.


Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Global Accounts Payable & Procurement Services Market various segments and emerging territory.


Market Drivers

  • Growing Preference Towards the Account Payable & Procurement Services to Reduce IT and Training Cost
  • Surging Demand Outsourcing of Procurement Services to Improve Payment Process and Make Payment on Time

Market Trend

  • Use of Technologically Advanced Solutions by the Service Providers to Improve Customer Experience


  • Adoption of Account Payable & Procurement Solutions by the End-User Industries


Rapidly Growing Manufacturing Sector Across the Globe

 The Global Accounts Payable & Procurement Services Market segments and Market Data Break Down are illuminated below:

by Type (Direct Procurement, Indirect Procurement, Service Procurement), Enterprise Size (Small & Medium Enterprises, Large Enterprises), End-users (IT & Telecom, Travel & Hospitality, Healthcare, Retail & E-commerce, Manufacturing, Others)

 Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

 Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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 Strategic Points Covered in Table of Content of Global Accounts Payable & Procurement Services Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Accounts Payable & Procurement Services market

Chapter 2: Exclusive Summary – the basic information of the Accounts Payable & Procurement Services Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Accounts Payable & Procurement Services

Chapter 4: Presenting the Accounts Payable & Procurement Services Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying market size by Type, End User and Region 2015-2020

Chapter 6: Evaluating the leading manufacturers of the Accounts Payable & Procurement Services market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2021-2026).

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Accounts Payable & Procurement Services Market is a valuable source of guidance for individuals and companies in decision framework.

 Data Sources & Methodology

The primary sources involves the industry experts from the Global Accounts Payable & Procurement Services Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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 What benefits does AMA research study is going to provide?

  • Latest industry influencing trends and development scenario
  • Open up New Markets
  • To Seize powerful market opportunities
  • Key decision in planning and to further expand market share
  • Identify Key Business Segments, Market proposition & Gap Analysis
  • Assisting in allocating marketing investments

Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

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Contact Information:

Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 (206) 317 1218 [email protected]

Reportedtimes, PR-Wirein, Research Newswire, English

Contact Information:

Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
[email protected]