This IDC study provides an assessment of the leading SaaS and cloud-enabled travel and expense software solutions and discusses the criteria that are most important for companies to consider when selecting a system.
"The SaaS and cloud-enabled travel and expense management applications market has a mix of competitors that provide a broad array of enterprise applications. This includes vendors with large product portfolios in both the front office and the back office as well as vendors that specialize in expense management," says Jordan Jewell, senior research analyst, Enterprise Applications and Digital Commerce. "With cloud penetration approaching 85%, travel and expense apps have become an effective first step for businesses to digitally transform. Businesses can expect more automation of travel and expense processes in the coming years thanks to integration with third-party applications and embedded machine learning capabilities."