SYDNEY, June 14 (Bernama-BUSINESS WIRE) -- Chrome River, a global leader in expense and invoice automation solutions, announces the launch of Asia-Pacific operations. Chrome River PTY LTD, based in Sydney, will provide dedicated support and implementation services to the company’s existing customers across the region, as well as increase its presence with the addition of new customers.
Asia-Pacific is a major growth market for both business travel and enterprise software. It is now the largest market for business travel, representing 39 percent of all global spend, according to the Global Business Travel Association. Business travel across the region is forecast to see 7.7 percent annual growth over the next five years, more than double that of the United States. (1)In addition, according to Gartner, the mature Asia-Pacific region (Australia, New Zealand, Singapore and South Korea) is expected to see its enterprise applications market grow by 53 percent, from US$8.6 billion in 2016, to US$13.2 billion in 2020.(2)
Asia-Pacific is a major growth market for both business travel and enterprise software. It is now the largest market for business travel, representing 39 percent of all global spend, according to the Global Business Travel Association. Business travel across the region is forecast to see 7.7 percent annual growth over the next five years, more than double that of the United States. (1)In addition, according to Gartner, the mature Asia-Pacific region (Australia, New Zealand, Singapore and South Korea) is expected to see its enterprise applications market grow by 53 percent, from US$8.6 billion in 2016, to US$13.2 billion in 2020.(2)
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