SaaS Procurement - Sourcing and Intelligence Report on Price Trends and Spend & Growth Analysis
The saas will grow at a CAGR of 10.99% during 2020-2024. Prices in will increase by 3%-5% during the forecast period and suppliers will have a moderate bargaining power in this market. Amazon.com Inc., IBM Corp., Microsoft Corp., Fujitsu Ltd., Alphabet Inc., Salesforce.com Inc., SAP SE, Sage Group Plc, Adobe Inc., and Infor are among the prominent suppliers in saas market.
Who are the Top Suppliers in the saas market?

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Leading global suppliers can assist buyers in realizing high-cost savings through their efforts on areas such as reducing total ownership cost, conference participation, manage ad hoc spend, managing labor price volatility, negotiate on pricing and contractual terms, ad-hoc spend management, adoption of automation, quality management, and managing inventory shrinkage. Collaborations with global suppliers will also help buyers in cost-saving and ensure high-quality procurement in the dynamic market.
This report offers key advisory and intelligence to help buyers identify and shortlist the most suitable suppliers for their saas requirements. Some of the leading saas suppliers profiled extensively in this report include:
Amazon.com Inc.
IBM Corp.
Microsoft Corp.
Fujitsu Ltd.
Alphabet Inc.
Salesforce.com Inc.
SAP SE
Sage Group Plc
Adobe Inc.
Infor
Supplier Selection and Evaluation
Profile and service capabilities of the service provider, industry specialization of the service providers, reputation of service providers, and assessment of value-added services are some of the most critical parameters that buyers use to shortlist the suppliers in saas.
This report evaluates suppliers based on availability of technologies that align with saas objectives, cloud management services, capability to offer data security, and flexibility and quality of services. In addition, suppliers are also shortlisted based on business needs, technical specifications, operational requirements, security compliance, regulatory mandates, legal requirements, quality control, change management procedures, pricing models, penalty clauses, sla nuances, acceptance criteria, and evaluation criteria.
What are the Major Pricing Trends in saas Procurement?
The pressure from substitutes and a moderate level of threat from new entrants has resulted in the Moderate bargaining power of suppliers. This makes it extremely important to get the pricing and pricing model right. Buyers should align their preferred pricing models for saas with the wider industry and identify the cost-saving potential.
subscription-based pricing model and per transaction pricing model are the most widely adopted pricing models in the saas. Each pricing model offers optimum benefits and fitment in specific situations. Buyers should identify the model that suits their operations in the best manner and link supplier performance to the pricing models.