What is the Best Procurement Software?
While ERP and accounting software often have a purchase order feature, they don’t make the best procurement software. Here, we’ll compare some options.
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- Features
auto Requisition
Purchase Request
Team members can create a purchase request in minutes
Custom Fields
Set unique custom fields to suit your business
Punch Outs
Turn your online shopping cart order into a draft PO
Invoice Scan & Match
Manage invoices at lightning fast speeds.
Purchase Approval
Managers can quickly approve or reject requests
3 Way Matching
Cross reference and verify accounts payable expenses
Line Item Upload
Upload all of your essential purchase data in seconds
Single Sign-On
Simple and ultra secure access management
Finance operations
Budget Tracking
Unlimited, detailed budgets to help you track company spend
Rich Reporting
Analyze detailed breakdowns of company spend
Mobile App
Remote teams can manage purchasing from anywhere
Multi Currency
Auto convert purchase orders to the supplier’s currency
Multi Company
Manage & switch between different company accounts
Custom Dashboard
Big picture reports for finance teams and super users
SUPPLIER MANAGEMENT
Supplier Portal
Manage 3rd party suppliers in a single portal
RFQ
More value from suppliers of standard items
Product List
Build a product catalog for critical vendors
Carbon Footprint Tracker
Leverage existing data for ESG insights.
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