MobileXpense Strengths, Domain Expertise, and Key Differentiators
Mobilexpense stands out as a global leader in expense management solutions, offering a robust SaaS system. Its strength lies in the seamless integration of AI and ML features, enabling real-time calculations on tax rates, allowances, and mileage variations. The company's domain expertise is evident in its ability to meet global compliance requirements, catering to the needs of diverse industries. Mobilexpense's product portfolio, including the innovative SpendCatcher mobile application, exemplifies its commitment to simplifying complex tasks for users, making expense management agile and dependable.
MobileXpense Recent Developments
In the dynamic landscape of expense management, 2021 marked a significant chapter for Mobilexpense, formerly known as MobileXpense Group. The strategic rebranding consolidated the brand's product offerings, bringing MXP and Declaree under the unified banner of Mobilexpense MXP or Mobilexpense Declaree. This move reflects the company's commitment to a streamlined and cohesive identity. Notably, in 2020, the introduction of the SpendCatcher mobile application showcased Mobilexpense's focus on innovation, allowing users to effortlessly extract payment information from receipts or e-invoices, thereby streamlining the expense creation process.
MobileXpense Mergers and Acquisitions (M&A) Activities
Mobilexpense's journey in 2020 included the acquisition of Dicom Expense, a notable addition to its portfolio operating as "Expense" in the Nordic market. This strategic move, the third acquisition within a year, underpins Mobilexpense's forward-looking international expansion plans. Earlier, in 2019, Mobilexpense expanded its footprint through the acquisition of eBuilder Travel and Declaree, solidifying its presence in Sweden, Germany, and the Netherlands. These acquisitions exemplify Mobilexpense's commitment to growth through targeted M&A activities.
MobileXpense Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying MobileXpense applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of MobileXpense and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Mobilexpense MXP, Mobilexpense Declaree customers.
MobileXpense Overview
Koning Albert II-laan 7
Brussels, x, 1210, Belgium
32 2 209 62 49
https://www.mobilexpense.com/
Ownership: - Fortino Capital
Number of Employees: 165
Functional Markets: ERP Financial,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
MobileXpense Key Enterprise and Cloud Applications
Mobilexpense MXP, Mobilexpense Declaree
MobileXpense Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
MobileXpense Revenue Breakdown By Type, $M:
MobileXpense Enterprise Applications Revenues By Functional Markets, $M:
MobileXpense Enterprise Applications Revenues By Verticals, $M:
MobileXpense Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
MobileXpense Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
MobileXpense Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified MobileXpense Customers
No. of MobileXpense Customers: 3000
No. of MobileXpense Enterprise Applications Customers: x
No. of MobileXpense Cloud Customers: x
No. of MobileXpense Cloud Subscribers: 1.7 million
Mobilexpense boasts a substantial customer base of around 3000 clients across various industries and sizes, with 1.7 million end-users spanning over 100 countries. Notable clients include industry giants like ABInBev, Heineken, KLM, and governmental organizations such as the Dutch government. This diverse clientele underscores Mobilexpense's ability to cater to the nuanced needs of different sectors and regions.
MobileXpense Market Opportunities, M&A and Geo Expansions
The future holds promising opportunities for Mobilexpense, with the market witnessing a surge in demand for advanced expense management solutions. The company's dual growth strategy, backed by Fortino Capital funding, positions it well to capitalize on horizontal and vertical market expansion. Embracing Cloud, IoT, AI, and ML technologies further strengthens Mobilexpense's position to meet evolving market needs and secure a competitive edge in new regions.
MobileXpense Risks and Challenges
Despite Mobilexpense's strategic acquisitions, the integration of diverse product suites poses a notable challenge. Achieving synergy between the newly acquired entities and existing offerings demands meticulous planning and execution. Additionally, the competitive landscape and evolving market dynamics present external risks. Mobilexpense must navigate these challenges adeptly to maintain its market leadership and sustain growth.
MobileXpense Ecosystem, Partners, Resellers and SI
Mobilexpense's ecosystem is marked by strategic partnerships and technology integrations. The recent collaboration with TravelPerk exemplifies its commitment to enhancing user experience through seamless integration of travel booking and expense management. The company's network includes partners like Egencia, ADP, Vatbox, and SDWorx, showcasing a robust ecosystem that leverages the strengths of various entities to deliver comprehensive solutions. The network effects generated by system integrators and value-added resellers contribute to the overall success of Mobilexpense in the competitive market.
MobileXpense Cloud Infrastructure Insights
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- MobileXpense Public Cloud and Infrastructure (IaaS)
- MobileXpense Platform (PaaS)
- MobileXpense Application Delivery
- MobileXpense Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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