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Showing posts from October, 2023

Procure-to-Pay (P2P) Market Outlook: A Worldwide Forecast

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  A Procure-to-Pay (P2P) platform facilitates the comprehensive management and streamlining of an organization's procurement lifecycle. This includes activities such as requisitioning, purchasing, payment processing, and accounting for both goods and services. The P2P system seamlessly integrates with various cross-functional departments, including purchasing, inventory, accounts payable, finance, and others. This integration serves to establish a unified source of truth, enabling organizations to monitor end-to-end processes with the aim of enhancing operational efficiency, as well as improving supplier communication and relationship management. It offers real-time visibility into spending, purchasing decisions, and pricing information for every supplier involved in the procurement process. Download the sample report of Market Forecast: Procure-to-Pay (P2P) This study will address several key questions: ·        Is the Procure-to-Pay (P2P) market experiencing growth, bot

Unlocking Opportunities: A Comprehensive Forecast of Card Management Systems

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  Card Management Systems (CMSs) have come a long way in their development, progressing from traditional signatures to magnetic strips and, more recently, to chips. These platforms have also adapted to handle a wide range of payment card types and emerging payment methods, making them a vital part of the payment infrastructure. Despite their significance, CMSs have not garnered as much attention as other payment channels like mobile payments and mobile commerce, primarily due to certain operational challenges, such as the somewhat cumbersome process of blocking lost or misused cards. Nonetheless, CMSs remain a crucial element of banking processes and play a pivotal role in the growth of the CMS market. This growth is fueled by ongoing innovations and investments by leading providers, resulting in modern CMS platforms that offer advanced functionalities for various use cases. These platforms support multiple products, languages, currencies, schemes, and payment types, including conta

Unified Retail Commerce Platform Market Share Dynamics and Forecast

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  Quadrant Knowledge Solutions defines a " Unified Retail Commerce Platform " as a customer-centric system that provides a consistent and personalized shopping experience throughout a customer's shopping journey. This is achieved by aligning the back-end operations with data-rich front-end interactions in real-time. Such a platform can seamlessly integrate with various systems, including point of sale (POS), customer relationship management (CRM), enterprise resource planning (ERP), content management system (CMS), supply chain, eCommerce, mobile commerce (mCommerce), and order management. The Unified Retail Commerce Platform market is witnessing several trends that are reshaping the retail sector. One of these trends is the growing demand for a personalized customer experience, where retailers aim to understand consumer preferences, history, and buying behaviors to customize recommendations and promotions. Many retailers are now embracing unified retail commerce platfo

Competing for Dominance: The Battle for Source to Pay (S2P) Market Share

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  A Source-to-Pay (S2P) suite automates and streamlines sourcing and procurement processes from start to finish, aiming to enhance internal controls, optimize supply chain operations, provide comprehensive spend visibility, and manage supplier risk and compliance. The native and comprehensive capabilities of S2P suites help organizations standardize their procurement processes and minimize total cost of ownership, enabling them to respond rapidly to evolving business circumstances, opportunities, and challenges. A few years back, the Source-to-Pay (S2P) model was introduced. However, as this concept has evolved, organizations have taken steps to develop it and are now providing it as a comprehensive S2P suite. These organizations are enhancing their source-to-pay solutions by integrating various intelligent technologies like cognitive and conversational AI, RPA, machine learning, smart workflow, automation, and blockchain to achieve greater transparency. Download the sample report

The Competitive Landscape: Examining Market Share in P2P Solutions

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  The increasing emphasis on converting manual operations into digital ones, automating various Procure-to-Pay (P2P) processes like requisitions, purchasing, and invoicing, and establishing a collaborative environment for verifying supplier compliance and approvals has prompted organizations to make substantial investments in emerging technologies such as AI/ML, blockchain, NLP, and RPA. P2P solution providers are now prioritizing meeting customer demands by optimizing and digitizing tasks such as approval workflows, invoice matching, supplier and employee evaluations, and more. A Procure-to-Pay (P2P) platform serves as a tool for organizations to effectively manage and streamline the complete procurement lifecycle, encompassing requisitioning, purchasing, payment processing, and accounting for goods and services. This system seamlessly integrates with various cross-functional departments, including procurement, inventory, accounts payable, finance, and others, to offer a centralize

Mobile Threat Management Dominates the Market Share Landscape

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  Mobile Threat Management (MTM) represents an advanced solution designed to safeguard organizations against both known and unknown mobile device threats. It encompasses protection, detection, analysis, and remediation. This solution harnesses various techniques, including machine learning and behavioral analysis based on mobile threat intelligence. Furthermore, MTM provides real-time monitoring and control to counteract malicious activities aimed at mobile endpoints and applications. One of the prominent trends in mobile threat management involves closer integration with endpoint detection and response (EDR) and extended detection and response (XDR) solutions tailored to mobile security needs. Customers seek a unified console for managing threat events and investigations while increasingly exploring the integration of top-tier mobile threat management (MTM) with data from other endpoint protection solutions to gain a centralized perspective on cross-platform threats.End-users and I

Digital Experience Platform Evolution: A Market Forecast

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  There is a growing emphasis on the driving forces behind the Digital Experience Platform (DXP) market. These forces include assisting customers in understanding their needs, reducing customer churn, expanding the deployment of cloud-based solutions, and the increasing demand for big data analytics. Furthermore, the adoption of advanced technologies such as AI, data analytics, and cloud computing is contributing to the expansion of the DXP market. This study aims to address several key questions: ·        What is the rate of growth in the Digital Experience Platform (DXP) market? ·        What are the primary factors accelerating and restraining the global DXP market? ·        Which industries present the most significant growth opportunities in the foreseeable future? ·        Which global regions are expected to offer the highest growth opportunities in the DXP market? ·        Which customer segments hold the greatest growth potential for DXP? ·        Which deployme

Market Leaders Unveiled: A Deep Dive into Intelligent Retail Pricing and Promotion Optimization

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  Retail organizations often grapple with the complexities of pricing their products and crafting distinctive promotional campaigns, both of which are critical for any successful business operation. Their primary focus is consistently enhancing the customer experience by tailoring products to individual needs, preferences, and communication channels. In an increasingly competitive landscape, pricing has emerged as a pivotal factor for maintaining a strong foothold in the fast-paced retail sector. Intelligent Retail Pricing and Promotion Optimization Platforms offer a wide range of solutions throughout the product lifecycle, empowering retailers to manage pricing and promotions in real time. These platforms harness the power of AI and ML technologies to provide intelligent insights and analytics, factoring in variables like demand forecasts, local conditions, competition, seasonal trends, brand loyalty, and more. Download the sample report of Market Share: Intelligent Retail Prici

Innovation and Integration: Looking Ahead in the IWMS Market

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  An Integrated Workplace Management System (IWMS) is a comprehensive software solution designed for large enterprises, empowering executives and managers to reduce costs and enhance productivity in facilities management processes. IWMS solutions cater to the needs of IT professionals, real estate experts, and facility management personnel, facilitating the complete life cycle management of corporate facilities. These systems offer a range of features for managing real estate portfolios, finances, leases, capital projects, workplace services, facility and space utilization, as well as energy and sustainability management. Their primary objective is to optimize the utilization of workplace resources to deliver an exceptional customer experience. Download the sample report of Market Forecast : Integrated Workplace Management Systems This study aims to address several key questions: ·        What is the growth rate of the IWMS market? ·        What factors are driving or inhib

The Rise of AI in Customer Service: Digital-First Solutions Market Insights

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  The Quadrant Knowledge Solutions Digital-First Customer Service Solutions Forecast analysis report is tailored for organizations aiming to transform their business processes and prioritize customer-centric approaches in order to attract and maintain modern customers. Vendors are enhancing their AI and ML capabilities to assess and enhance customer interactions, utilizing predictive analytics to gain a deeper understanding of customer conversations and integrating recommendation algorithms with deep learning and NLP technologies. Additionally, AI-based digital-first customer service solutions can be integrated with extensive datasets to provide real-time customer data for delivering personalized customer service. Download the sample report of Market Forecast : Digital-First Customer Service Solutions Key inquiries addressed by this study include: ·        What is the current growth rate of the Digital First Customer Service Solutions market? ·        What are the primary fac