ENABLING SMART PROCUREMENT

  • Published in: Aug 2017
  • Pages: 70
  • SKU: IRCMSTR14578

Global Financial Reporting Software Category - Procurement Market Intelligence Report

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SpendEdge’s Financial Reporting Software Procurement Market Intelligence Report is an all-inclusive guide enabling sourcing and procurement leaders to make smart purchasing decisions. This report provides a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape and an analysis of the supplier capability matrix.

Key Features of Report

 

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix

 

Financial Reporting Software - Category Spend Analysis                                                                                                                         

The banking and the financial services sector is the major buyer of financial reporting software. According to SpendEdge analysts, one of the key growth contributors for the growth of this category is the increase in regulatory requirements due to major financial debacles around the world. Financial reporting software help these firms to remove the risks surrounding regulatory compliance and reduce their compliance costs.

 

Financial Reporting Software - Procurement Best Practices

A key strategy adopted by procurement managers in this market space is to ask for an exhaustive estimation of the total cost of ownership. An estimation of the total cost of ownership allows the buyer to take measures to mitigate these costs actively. For example, the buyer may indulge with external parties for some activities such as training and hardware procurement that can reduce the total cost of ownership to an extent.

 

Financial Reporting Software - Procurement Challenges

A major procurement pain point experienced by the buyers is data privacy and security. SpendEdge’s procurement specialists predict that the buyers must evaluate the security measures of the supplier, using the cloud controls matrix developed by the Cloud Security Alliance to counter this specific procurement pain point.

 

SpendEdge also offers customization of this report to meet your exact requirements. Please contact us at enquiry@spendedge.com

 

Are you an Enterprise User? Try our annual subscription services offering unlimited access to SpendEdge reports. Click here to register for trial/demo. 

Read less

Key Features of Report

 

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix

 

Financial Reporting Software - Category Spend Analysis                                                                                                                         

The banking and the financial services sector is the major buyer of financial reporting software. According to SpendEdge analysts, one of the key growth contributors for the growth of this category is the increase in regulatory requirements due to major financial debacles around the world. Financial reporting software help these firms to remove the risks surrounding regulatory compliance and reduce their compliance costs.

 

Financial Reporting Software - Procurement Best Practices

A key strategy adopted by procurement managers in this market space is to ask for an exhaustive estimation of the total cost of ownership. An estimation of the total cost of ownership allows the buyer to take measures to mitigate these costs actively. For example, the buyer may indulge with external parties for some activities such as training and hardware procurement that can reduce the total cost of ownership to an extent.

 

Financial Reporting Software - Procurement Challenges

A major procurement pain point experienced by the buyers is data privacy and security. SpendEdge’s procurement specialists predict that the buyers must evaluate the security measures of the supplier, using the cloud controls matrix developed by the Cloud Security Alliance to counter this specific procurement pain point.

 

SpendEdge also offers customization of this report to meet your exact requirements. Please contact us at enquiry@spendedge.com

 

Are you an Enterprise User? Try our annual subscription services offering unlimited access to SpendEdge reports. Click here to register for trial/demo. 

Table of Contents

PART 1: SUMMARY

  • Research Objectives and Methodology         
  • Category Definition

PART 2: CATEGORY AT A GLANCE            

  • Market Overview    
  • Preferred Procurement Models and Major Service Providers
  • Cost-saving Opportunities   
  • Major Category Requirements          
  • Major Procurement Pain Points        

PART 3: MARKET INSIGHTS        

  • Category Spend Analysis      
  • Key Market Developments 
  • Key Category Growth Drivers             
  • Major Category Growth Constraints
  • Procurement Best Practices
  • History of Innovation            
  • Key Current Technological Innovations          
  • Major Regulatory Frameworks          
  • Strategic Sustainability Practices       
  • SWOT Analysis         
  • PESTLE Analysis        

PART 4: SUPPLY MARKET INSIGHTS        

  • Supplier Operational Capability Matrix           
  • Supplier Functional Capability Matrix             
  • Key Clients 
  • Supplier Cost Breakup           
  • Supplier Positioning Matrix 
  • Supplier Selection Criteria   

PART 5: PRICING INSIGHTS         

  • Pricing Models Snapshot     
  • Pricing Models – Pros and Cons        
  • Indicative Pricing     
  • Category Negotiation Strategies       

PART 6: CATEGORY ESSENTIALS

  • SLA Terms  
  • Supplier Evaluation Criteria 
  • Category Risk Analysis           
  • Category Sourcing Evolution Matrix

PART 7: TOP FIVE SUPPLIERS   

  • SAP
  • Oracle
  • IBM
  • Wolters Kluwer
  • SAS

PART 8: APPENDIX         

  • Glossary
  • About Us     
Read less

Table of Contents

PART 1: SUMMARY

  • Research Objectives and Methodology         
  • Category Definition

PART 2: CATEGORY AT A GLANCE            

  • Market Overview    
  • Preferred Procurement Models and Major Service Providers
  • Cost-saving Opportunities   
  • Major Category Requirements          
  • Major Procurement Pain Points        

PART 3: MARKET INSIGHTS        

  • Category Spend Analysis      
  • Key Market Developments 
  • Key Category Growth Drivers             
  • Major Category Growth Constraints
  • Procurement Best Practices
  • History of Innovation            
  • Key Current Technological Innovations          
  • Major Regulatory Frameworks          
  • Strategic Sustainability Practices       
  • SWOT Analysis         
  • PESTLE Analysis        

PART 4: SUPPLY MARKET INSIGHTS        

  • Supplier Operational Capability Matrix           
  • Supplier Functional Capability Matrix             
  • Key Clients 
  • Supplier Cost Breakup           
  • Supplier Positioning Matrix 
  • Supplier Selection Criteria   

PART 5: PRICING INSIGHTS         

  • Pricing Models Snapshot     
  • Pricing Models – Pros and Cons        
  • Indicative Pricing     
  • Category Negotiation Strategies       

PART 6: CATEGORY ESSENTIALS

  • SLA Terms  
  • Supplier Evaluation Criteria 
  • Category Risk Analysis           
  • Category Sourcing Evolution Matrix

PART 7: TOP FIVE SUPPLIERS   

  • SAP
  • Oracle
  • IBM
  • Wolters Kluwer
  • SAS

PART 8: APPENDIX         

  • Glossary
  • About Us     

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