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Robotic Process Automation Software


ProcurementIQ’s Robotic Process Automation Software Procurement Research Report helps simplify the purchasing process. This report provides tools such as pricing trends and forecasts, supplier benchmarks and negotiation questions to help you work with internal stakeholders and executives to manage the procurement process for your company. With this information, your company will be able to make credible and knowledgeable decisions regarding purchasing Robotic Process Automation Software.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Robotic Process Automation Software - Recent Price Trend

The price of RPA software has been growing at an annualized rate of 0.5% during the three years to 2018. This growth has primarily been driven by growing demand for the product. However, vendors have been restricting price growth to encourage further adoption of the software because the market is in the early growth stage. Intense competition and freeware options have also been keeping market.

Robotic Process Automation Software - Total Cost of Ownership

The total cost of ownership for RPA software is moderate. Buyers should anticipate costs, excluding the purchase price of the software, to command at least 50.0% of the benchmark price of the software. When assessing total cost of ownership, buyers must consider deployment and change management costs. Vendors will have to spend time testing the software to check if the product successfully.

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About this Report

This report is intended to assist buyers of robotic process automation (RPA) software. RPA software is an application that performs business processes by following rules and instructions coded into the program. RPA software is generally used to automate simple and repetitive tasks, such as data entry, purchase order issuing, payroll and forms processing, and web scraping. Suppliers are typically software and IT providers. Common buyers include financial institutions, retailers, health care providers and insurance companies. This report excludes software development services, IT consulting services and ERP software.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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