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Global Claims Management Software Category - Procurement Market Intelligence Report

Global Claims Management Software Category - Procurement Market Intelligence Report

About Claims Management Software Market

Claims management software is used for automating end-to-end claims process, including planning, monitoring, and managing actions that arise due to insurance claims. The demand for the category is being driven by the growth of the insurance market across the world and the increasing focus of category buyers to enhance customer experience.

The other factors driving its growth include the increase in insurance products that cover a wider range of risks. The rising disposable income in developing countries will drive the demand for core insurance products such as home insurance and auto insurance, which will subsequently drive the category. Also, the integration of advanced technologies such as predictive analytics and AI with claims management software has widened the scope of the category and made it lucrative for buyers.

Covered in this report

The report provides actionable insights to improve source-to-contract cycle performance in the Global Claims Management Software Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

SpendEdge’s report, Global Claims Management Software Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver

  • The rising disposable income in developing countries
  • For a full, detailed list, view our report
Category constraints
  • Issues in vendor portability
  • For a full, detailed list, view our report
Procurement best practices
  • Negotiate for contracts that offer high liability protection
  • For a full, detailed list, view our report
Key questions answered in this report
  • What are the market dynamics?
  • What are the key market trends?
  • What are the category growth drivers?
  • What are the constraints to category growth?
  • Who are the suppliers in this market?
  • What are the demand-supply shifts?
  • What are the major category requirements?
  • What are the procurement best practices in this market?


PART 1: CATEGORY AT A GLANCE
TAKEAWAY 01 | Market Overview
TAKEAWAY 02 | Demand and Supply Snapshot
TAKEAWAY 03 | Key Market Dynamics
TAKEAWAY 04 | Supply Market Highlights
TAKEAWAY 05 | Pricing Insights
TAKEAWAY 06 | Procurement Insights
PART 2: SCOPE OF THE REPORT
Category Definition
Research Methodology
PART 3: MARKET INSIGHTS
Category Spend Analysis
Category Maturity by Regions
Demand-Supply Shifts
Regional Demand-Supply Snapshot
Market Developments
Regional Impact of Trends
Key Category Growth Drivers and Corresponding Regional Impacts
Major Category Growth Constraints and Corresponding Regional Impacts
Key Current Technological Innovations
Major Regulatory Frameworks
Strategic Sustainability Practices
Porter’s Five Forces
PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
Supplier Operational Capability Matrix
Other Prominent Suppliers by Region: Operational Capability Matrix
Supplier Functional Capability Matrix
Other Prominent Suppliers by Region: Functional Capability Matrix
Key Clients/Partners
Supplier Cost Breakup
Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
Pricing Models Snapshot
Pricing Models – Pros and Cons
Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
Major Category Requirements
Major Procurement Pain Points
Category Sourcing Evolution Matrix
Procurement Best Practices
Cost-saving Opportunities
Supplier Selection Criteria
Category Negotiation Strategies
SLA Terms
Supplier Evaluation Criteria
Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
SAP
DXC
Oracle
Accenture
IBM
PART 8: APPENDIX
Glossary
Key Notes
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