The IDC MarketScape, an annual 'Worldwide SaaS and Cloud-Enabled Enterprise Travel and Expense Management Applications' report, which considers the different solutions for travel and expense management, has positioned MobileXpense in the ‘Major Player’ category.
IDC is an American provider of advisory services, market intelligence and events for the telecommunications, information technology and consumer technology markets. Each year, it evaluates and assesses different players within the field based on certain criteria. These findings are then used to position businesses form Participant or Contender to Major Player or Leader.
According to the report, businesses should "consider MobileXpense if you are a European firm looking for a solution with extensive compliance functionality."
IDC's market weightings are based on buyer surveys, user interviews, and the input of IDC experts in each market. IDC analysts base individual vendor scores and final vendor positions on interviews with the vendors, detailed surveys, publicly available information, and end-user experiences in an attempt to provide consistent and accurate assessments of vendors' behaviour, characteristics and capabilities.
After a thorough evaluation, IDC placed MobileXpense in the 'Major Player' category. It believes MobileXpense's SaaS solution offers multinational organisations full regulatory compliance with country-specific legal allowance regulations and taxation, simplifying an often time-consuming and complex problem for business travellers.
IDC MarketScape report referred to our open approach, showcasing our integrated solution. MobileXpense enables users to connect a variety of accounting, ERP, tax auditing and travel booking solutions, preventing the end-user from being tied into interdependent services.
IDC also highlighted our extensive experience in helping companies navigate the complex local requirements related to legal conditions, such as taxes within 70+ countries, and pinpointed our specialised functionality for VAT compliance.
IDC MarketScape recognised our global compliance features to be one of our greatest strengths.
We've only touched on a few points raised in the IDC MarketScape here. To find out more about our results, or the annual IDC MarketScape report in general, download a copy of the excerpt. As well as more in-depth information about our findings, you can read the vendor inclusion criteria in full.
