Travel and expense management software allows organizations to track and approve the expenses accrued during a business travel by the employees on the business-related travel along with submission, processing, reimbursement, and reporting of the employee expenditure. Receipt tracking, itemized report creation, and automation of the reimbursement are key advantages of the travel and expense management software. Complex and multi hierarchal models of the organization and high adoption of mobile devices has created the need of the travel and expense management software in the market.
The major factors which are driving the Travel and expense management software market is an increase in the adoption of mobile devices such as smartphones, tablets, laptops and others, which has increased the use of many enterprises and employees to book the tickets online, change their flights, and locate their luggage and can submit expense sheet from their mobile devices to the enterprises. Therefore, many enterprises are moving towards Travel and expense management software for the easy access of the application through the connected devices over the network that help them estimate the Travel and expenses budget.

Market Analysis and Insights: Global Travel and Expense Management Software Market
The global Travel and Expense Management Software market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Travel and Expense Management Software market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Travel and Expense Management Software market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Travel and Expense Management Software market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Travel and Expense Management Software market.

Global Travel and Expense Management Software Scope and Market Size
Travel and Expense Management Software market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Travel and Expense Management Software market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Cloud-Based
On-Premises

Segment by Application
Small Business and Medium Enterprise
Large Enterprise

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Concur
Certify
Expensify
Chrome River Technologies
Infor
Appricity Corporation
Basware
DATABASIC
Expense 8
Oracle Corporation
NetSuite
Skyjunxion
Trippeo Technologies
Insperity
Interpix