Procurement Software

Whether you are running a business or managing an individual project, it is important for you to keep your budget in check. Over-budgeting is a very common problem in any business, and it is usually caused by lack of procurement management. Thus, it is important for you to employ the usage of good procurement software for your business to prevent over-budgeting, as well as reduce operational costs. 

Here are some of the best procurement software solutions for your business:

1

Procurify

By EKA Innovations Inc.

Procurify provides simple and easy-to-use purchasing software designed to automate your purchasing workflow. It features real-time budgets, expense report creation, custom user roles, built-in customer support, unlimited data export and import, accounting software integration, and more. The software offers various benefits, including simple implementation, budget management, fraud prevention, real-time tracking, paperless savings, and purchasing management.

2

Coupa

By Coupa Software Inc.

Coupa provides cloud-based financial applications designed for spending management. It features procurement, invoicing, expenses, sourcing, inventory, contract, budgets, analytics, open business network, and storefront. The software can be implemented in financial service, oil and gas, food and beverage, healthcare, and retail industry. It helps to maximize your profitability and keep good relationship with your suppliers.

3

ExpenseWatch

By ExpenseWatch, Inc

ExpenseWatch provides automatic expense reports, payable invoices, and purchasing software that helps your business to spend in the right way. It features real-time budget and actual reports, third-party integration, knowledge base, mobile apps, data export, custom reporting, and more. It offers various integrations, including business accounting, ACH payment, payroll, travel management, and credit card transaction.

4

Turbine

By Turbine

Turbine provides simple online purchase orders, expenses, time off, and HR records software that helps to get rid of complicated paperwork in your business. It features a web-based platform, flexible approval rules, expense claim submission, budget settings, online self-service, and more. It offers various security features, including access control, data protection, data sovereignty, and encryption.

5

Zycus

By Zycus Inc

Zycus provides procurement software designed to help improve your business performance. It features catalog management, requisition management, spend analysis, e-sourcing, project management, contract management, supplier management, savings management, PO management, e-invoice capture, and more. It can be applied in banking, automotive, financial services, consumer packaged goods, electronics, insurance, oil and gas, pharmaceuticals, and other industries.

6

SciQuest

By SciQuest, Inc.

SciQuest provides e-procurement software solutions that include requisition manager, spend director, benchmarking, and requisition management. It features contract compliance, order management, accounts payable, sourcing, supplier management, inventory management, contract life cycle management, spend analytics, and more. The inventory management offers multiple stockrooms, purchasing integration, barcode scan integration, safety and regulatory alerts, and chemical material handling.

7

Ariba Procurement

By Ariba, Inc.

Ariba Procurement provides procurement software solutions with user-friendly shopping experience and largest supplier network. It features spend analysis, sourcing, contract management, supply chain collaboration, supplier management, invoice management, discount management, benchmarking software, configurable dashboards and reports, third-party integrations, automated tools and approval flows, and more. The software helps to control your business costs and risks.

8

Oildex OpenInvoice

By ADP, LLC

Oildex OpenInvoice provides procurement, invoicing, and payment solutions which help you to increase profitability, cut costs, and create efficiency. It features purchase orders, electronic invoicing, approval workflow, price compliance, and payment processing. The software supports thousands of suppliers that come from companies of all sizes, with the capability for clients to add their own suppliers.

9

eRequester

By Paperless Business Systems, Inc

eRequester provides purchase order and expense management software that helps your business to implement standardized purchasing practices. It features approval workflow, reporting and oversight, purchasing processes, budget management, budget control, purchase order, project accounting, inventory management, blanket PO, punch-out, and more. It offers third-party integrations with Microsoft Dynamics, QuickBooks, Sage ERP, SYSPRO ERP, and Blackbaud.

10

SutiProcure

By SutiSoft, Inc

SutiProcure provides online purchasing software and e-procurement system that gives complete control and visibility for your business. It features supply catalog, requisition, sourcing, purchasing orders, inventory, invoice, payments manager, supplier management, receipt management, automated invoice matching, and reports. The software provides key benefits, such as hierarchy-based access permission, collaborative supplier portal, and centralized purchasing system.

11

Verian

By Verian

Verian provides a suite of purchase-to-pay solutions that help to prevent your business from overspending the budget. It features secure and scalable platform, purchase manager, invoice manager, expense manager, asset manager, inventory and materials manager, spend intelligence, and supplier network. It offers third-party integrations, including ERP system, human resources, back office, shipping, billing, and eCommerce.

12

Ivalua

By Ivalua Inc

Ivalua provides top-quality procurement solutions, which include strategic sourcing, contract management, spend analytics, invoicing, and more. It features workflow engine, content management, reporting, integration toolbox, configuration, security, collaboration, document management, and supplier portal. The software gives various benefits, including rapid deployment, highly-configurable components, single-point control of security and integration administration, and support for non-procurement processes.

13

SpendMap

By Palmas Development Corporation

SpendMap provides purchasing software systems that help to automate your materials management, purchasing, and payables. It features requisition creation, routing decision, requisition approval, order distribution, receiving, invoice approval, consumable inventory control, and fixed asset management. It offers fully integrated modules, including procure to pay, materials management, connectivity, budget controls, supplier performance tracking, and security tools.

14

Xeeva

By Xeeva, Inc

Xeeva provides procurement and financial software designed to improve your productivity, increase efficiency, and reduce costs. It features various solutions, including sourcing, procure to pay, supplier collaboration, financial collaboration, and extended enterprise. You can count your results with this software by calculating total annual invoice, size of A/P team, total annual indirect spend, and more.

15

Vroozi

By Smartoci, Inc

Vroozi provides mobile procurement software that allows you to customize procurement solution for your business. It allows you to streamline procurement process, manage your budget, prevent fraudulent activity, launch a marketplace with self-service platform, and optimize your platform for all devices. It offers integrations with ERP system, including Lawson, NetSuite, JD Edwards, SAP, and Oracle.

16

Digital Purchase Order

By LeBog Software GmbH

Digital Purchase Order provides cloud-based expense management system that helps to prevent over-budgeting in your business. It features intuitive design, mobile apps, easy customization, 24/7 view options, international approach, automatic circulation, easy amendments, individual PDF reports, approval chain, SSL security, CSV export, and more. The software can be used via web browsers and mobile apps.

17

DeltaBid

By Open Procurement OÜ

DeltaBid provides user-friendly procurement software that helps to make your business e-sourcing processes transparent and easy. It features a comprehensive dashboard, request for quote, request for proposal, reverse auction, request for information, real-time supplier tracking, supplier communication, supplier management, and more. It offers various security features, including physical security, people and processes, and technical security.

18

Puridiom

By Puridiom

Puridiom provides simplified procurement software that gives guaranteed results. It features e-procurement platforms, invoice automation, enterprise procure-to-pay, outsourcing, mobile, accounts payable, strategic sourcing, inventory management, contract management, and travel management. The inventory management features bin location tracker, usage and forecasting tools, forms management, item management and classification, order history tracking, transaction logging, and automatic backorder.

19

SMART by GEP

By NB Ventures, inc

SMART by GEP provides powerful and portable procurement software that allows you to streamline, automate, and save your procurement processes. It features spend analysis, savings tracking, sourcing, contract management, supplier management, and purchasing. It offers various benefits, including proven best practices, improved adoption and happiness, increased savings, improved productivity, better economics, minimized training, and more.

20

Rubberstamp

By Rubberstamp.io

If purchasing management was an Olympic sport, then Rubberstamp.io would be steroids! The world’s simplest PO software, Rubberstamp.io gives your business the unfair advantage over its competitors by giving you user-friendly, real-time, control of your company spend. Being 100% mobile and location independent, Rubberstamp.io gives you and your procurement people the ability to receive, approve or reject payment requests on the run. No more “he said, she said”, no more admin bottlenecks – Rubberstamp is your fully automated PO tracking solution. Get it now!

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