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Research and Markets: European E-Invoicing Market Forecast & Opportunities, 2016: Ariba, Basware, Esker & Tieto Oyj Dominate the Industry

Research and Markets (http://www.researchandmarkets.com/research/t5d4q8/einvoicing) has announced the addition of the "European E-Invoicing Market Forecast & Opportunities, 2016" report to their offering.

One of the major drivers in the European e-invoicing market is the need to automate the invoicing process and reduce operational costs. E-invoicing enables companies within or across organizations to automate invoice generation and enhance the overall business process. It also reduces the total operational costs and the time spent on the purchasing process. The emergence of cloud-based solutions has enabled organizations to increase their efficiency and reduce the cost of setting up valuable IT infrastructure. However, many organizations are still analyzing the feasibility and relevance of cloud computing solutions in their IT operations.

The cloud-based model for e-invoicing offers a pay-per-use model, which provides cost-effective access to the e-invoicing solution at any time and from any place by multiple users. Although many enterprises have increased understanding of the benefits of cloud-based e-invoicing, a number of concerns and risks, particularly in relation to data sharing and data security, are affecting the adoption of such solutions. However, the E-invoicing market in Europe is witnessing a trend where many vendors in the market have begun to offer their solutions through cloud-based models to expand their services and enter new markets.

Further, the report states that the complexity involved in an electronic purchasing process is one of the major challenges confronting the market. The integration of e-invoicing solutions with existing business systems such as accounting and human resources systems can be more complex than anticipated.

The key vendors dominating this market space are:

  • Ariba Inc.
  • Basware Corp.
  • Esker SA
  • Tieto Oyj.

Key Topics Covered:

01. Executive Summary

02. Scope of the Report

03. Market Research Methodology

04. List of Abbreviations

05. Introduction

06. Market Landscape

07. End-user Segmentation by Company Size

08. Key Leading Countries

09. Buying Criteria

10. Market Growth Drivers

11. Drivers and their Impact

12. Market Challenges

13. Impact of Drivers and Challenges

14. Market Trends

15. Trends and their Impact

16. Vendor Landscape

17. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/t5d4q8/einvoicing

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