# Best Procurement Spend Analysis - Page 8

## How Many Procurement Spend Analysis Products Does G2 Track?

**Total Products under this Category:** 119

### Category Stats (Jul 2026)

- **Average Rating:** 4.5/5 The average rating of products in this category, based on all submitted ratings
- **Top Trending Product:** OFX (+0.55%) - Among all products in this category, OFX recorded the largest rating increase compared to last month

_Last updated: July 27, 2026_

## How Does G2 Rank Procurement Spend Analysis Products?

**Why You Can Trust G2's Software Rankings:**

- 30 Analysts and Data Experts
- 11,900+ Authentic Reviews
- 119+ Products
- Unbiased Rankings

G2's software rankings are built on verified user reviews, rigorous moderation, and a consistent research methodology maintained by a team of analysts and data experts. Each product is measured using the same transparent criteria, with no paid placement or vendor influence. While reviews reflect real user experiences, which can be subjective, they offer valuable insight into how software performs in the hands of professionals. Together, these inputs power the G2 Score, a standardized way to compare tools within every category.

## G2 Grid® for Procurement Spend Analysis
 ![G2 Grid® for Procurement Spend Analysis plotting products by satisfaction and market presence](https://www.g2.com/categories/procurement-spend-analysis/grids.png?focus%5B%5D=1640028&focus%5B%5D=129596&focus%5B%5D=66702&focus%5B%5D=510&focus%5B%5D=15330&focus%5B%5D=5472&focus%5B%5D=1402310&focus%5B%5D=130478)

Highlighted products: Rippling Finance, Ramp, Stampli, SAP Ariba, AvidXchange, Tipalti, DualEntry, and Agicap.

Underlying data: [Grid® JSON](https://www.g2.com/categories/procurement-spend-analysis/grids.json?focus%5B%5D=rippling-finance&focus%5B%5D=ramp-financial-ramp&focus%5B%5D=stampli&focus%5B%5D=sap-ariba&focus%5B%5D=avidxchange&focus%5B%5D=tipalti&focus%5B%5D=dualentry&focus%5B%5D=agicap)

**Sponsored**

### SAP Ariba

SAP Ariba automates management of the purchasing lifecycle for indirect goods and services, to streamline workflows, expedite approvals, and eradicate errors and exceptions. By increasing procurement efficiency, it helps users to manage more spend with less effort, and meet demands with agility and speed. For smaller companies relying on manual methods and simple automation, or a large global enterprises using multiple applications and ERP systems, SAP Ariba solutions deliver end-to-end spend visibility, control, and compliance, to help organizations become more flexible, responsive, and fiscally effective.

[Visit website](https://www.g2.com/external_clickthroughs/record?secure%5Bad_program%5D=paid_promo&secure%5Bad_slot%5D=category_product_list_llm&secure%5Bcategory_id%5D=1785&secure%5Bchosen_at%5D=2026-08-01T01%3A17%3A29Z&secure%5Bmedium%5D=sponsored&secure%5Bprioritized%5D=false&secure%5Bproduct_id%5D=510&secure%5Bresource_id%5D=1785&secure%5Bresource_type%5D=Category&secure%5Bsource_type%5D=category_page&secure%5Bsource_url%5D=https%3A%2F%2Fwww.g2.com%2Fcategories%2Fprocurement-spend-analysis%3Fpage%3D8&secure%5Btoken%5D=6866e2b9c7b40422fbee76418b1baf0d93619351521594bc48ac029c3ec0f8f7&secure%5Burl%5D=https%3A%2F%2Fwww.sap.com%2Fproducts%2Fspend-management%2Fsolutions.html&secure%5Burl_type%5D=paid_promos)

### [Pegasus Insights](https://www.g2.com/products/pegasus-insights/reviews)

Pegasus Insights is a next-generation liquidity and FP&A platform built for the realities of private equity–backed and mid-market companies. Designed by former consultants and CFOs, Pegasus helps finance leaders replace manual spreadsheets and scattered bank portals with a single source of truth for cash, liquidity, and working capital. Every feature is built with the boardroom in mind. With Pegasus, CFOs and finance teams can: Forecast with confidence — Transparent, real-time cash forecasting across entities and banks, with assumptions you can see, adjust, and defend. See and control liquidity — Consolidated dashboards that surface daily insights into cash position, runway, and liquidity risks. Accelerate collections and working capital — Tools to optimize AR/AP cycles, track vendor spend, and unlock trapped cash. Produce board-ready insights — On-demand reporting that takes minutes, not weeks, freeing teams from the reporting treadmill. Model scenarios on the fly — Answer the board’s toughest “what if” questions instantly with scenario planning at speed. Unlike generic FP&A platforms, Pegasus is purpose-built for the scrutiny and stakes of PE-backed finance. Implementation is fast and white-glove, led by finance experts—not IT contractors—so teams are live in under a month. Pricing is flexible to meet the needs of companies from $10M to $250M+ in revenue, delivering enterprise-grade capabilities without enterprise-level cost or complexity. Our Story Pegasus was born from firsthand experience in the trenches of private equity finance. After years of building cash models, managing liquidity crises, and watching CFOs defend their credibility with nothing more than spreadsheets, our founders set out to build a tool that actually works the way finance teams do. The result is Pegasus Insights: a platform that gives CFOs the one thing they can’t get anywhere else—the confidence to command the boardroom.

#### Who Is the Company Behind Pegasus Insights?

- **Seller:** [Impact Point](https://www.g2.com/sellers/impact-point)
- **HQ Location:** Key Biscayne, US
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=87cffa90dd902dfa76ccb257a77b7a43e814af8862f612373e6d3b3e5fff0587&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fimpact-point-co%2F&secure%5Burl_type%5D=linkedin_company_website)  
34 employees on LinkedIn®

### [Reducer](https://www.g2.com/products/reducer/reviews)

Connects to your business accounts to find you deals on electricity, gas, water, card processing fees, telecoms, waste disposal and more. It's simple and completely free.

#### Who Is the Company Behind Reducer?

- **Seller:** [Reducer](https://www.g2.com/sellers/reducer)
- **Year Founded:** 2018
- **HQ Location:** London, GB
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=b4319b97e36698c7157c6c9c7bd629c12bb03f001e3e63a9ecb8ef1551a59eb7&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2F28633188&secure%5Burl_type%5D=linkedin_company_website)  
9 employees on LinkedIn®

### [ScriptString](https://www.g2.com/products/scriptstring/reviews)

AI-driven Software for Sustainability Reporting. ScritpString.AI provides the tools you need to make informed decisions based on sustainability data, mitigate risks, and meet regulatory requirements. Simplify your sustainability reporting process and improve your ESG performance now. Unlock your full ESG potential and gain a competitive advantage in today’s market. Join the sustainable investment movement today with ScriptString.AI.

#### Who Is the Company Behind ScriptString?

- **Seller:** [ScriptString](https://www.g2.com/sellers/scriptstring)
- **Year Founded:** 2019
- **HQ Location:** Grand Island, US
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=bee4add8eda72369dc36d44d60b630ae6a821f8f4958456c4e4e4e5186599135&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fscriptstring&secure%5Burl_type%5D=linkedin_company_website)  
5 employees on LinkedIn®

### [Sokin](https://www.g2.com/products/sokin/reviews)

Sokin delivers seamless international payments and multi-currency account services for global businesses. It streamlines cross-border operations with efficient, transparent financial infrastructure. The company enables organisations to operate and expand confidently across global markets.

#### Who Is the Company Behind Sokin?

- **Seller:** [Plata Capital](https://www.g2.com/sellers/plata-capital)
- **Company Website:** sokin.com
- **Year Founded:** 2019
- **HQ Location:** London, GB
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=0c052344920a588d5c26818928bbae4c71109754bd4b6cc97768c45e967b972c&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fsokin%2F&secure%5Burl_type%5D=linkedin_company_website)  
186 employees on LinkedIn®

### [Spend Analytics](https://www.g2.com/products/spend-analytics/reviews)

Anvil Analytical's Spend Analytics module delivers AI-powered enterprise-grade spend analytics capabilities at a price point accessible to mid-market organisations. Anvil uses AI-powered document intelligence to extract, cleanse and structure data directly from ERPs, invoices and purchase orders. Spend is automatically classified with greater than 99.7% accuracy, with their analysts reviewing and resolving the remaining 0.3% to ensure reliability. Data is returned in your preferred taxonomy, while also being mapped to Anvil’s standard structure to enable consistent benchmarking against thousands of prior engagements. Anvil's detailed visualisation dashboards go down to your L3 category level and incorporate hundreds of external market indices to give you a full overview of your company's spend position. What differentiates Anvil's Spend Analytics module is the insights layer, which highlights cost-reduction opportunities. The platform's insights have been developed to follow supply and demand pull factors to help users identify both quick wins in high-impact categories as well as longer-term strategic opportunities, assessing factors like market attractiveness and switching difficulty. The module also gives deep dives of a category's materiality, churn, growth, and fragmentation to identify high-impact opportunities for category managers. Anvil Analytical is a smaller organisation, offering customised plans, additional AI-powered services, and rapid implementation times (typically between 2-4 weeks).

#### Who Is the Company Behind Spend Analytics?

- **Seller:** [Anvil Analytical](https://www.g2.com/sellers/anvil-analytical)
- **HQ Location:** 5th Floor, 174 Hammersmith Rd, London W6 7JP
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=89e3dc102b8585d2844d133a179df7a0c541bf153bdb0ccdb5b298e4ff8eded3&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fanvil-analytical%2F&secure%5Burl_type%5D=linkedin_company_website)  
18 employees on LinkedIn®
- **Ownership:** Steve Harrison
- **Phone:** 020 7605 1600

### [SpendBridge](https://www.g2.com/products/spendbridge/reviews)

SpendBridge is a single, easy-to-use platform that provides intuitive spend management across all areas of spend in your organization.

#### Who Is the Company Behind SpendBridge?

- **Seller:** [Dodson Group](https://www.g2.com/sellers/dodson-group)
- **Year Founded:** 2010
- **HQ Location:** Indianapolis, US
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=c2785f55db19520622ac2a73b6af7188572d5843c582f5a07c784c48df6576af&secure%5Burl%5D=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fspendbridge&secure%5Burl_type%5D=linkedin_company_website)  
6 employees on LinkedIn®

### [SpendXO](https://www.g2.com/products/spendxo/reviews)

SpendXO — Platform Overview SpendXO is an AI-native spend intelligence platform that transforms fragmented enterprise procurement data into strategic decision signals. Built for procurement leaders, finance teams, sourcing managers, and CXOs, SpendXO surfaces cost-capture opportunities, flags procurement leakage, and sharpens sourcing decisions, continuously, at enterprise scale. The platform unifies spend signals across ERPs, procurement systems, supplier networks, and business units into a single intelligence layer, enabling leadership to act on what the data already knows. Core Intelligence Capabilities: -AI-driven spend decomposition and pattern detection across categories -Procurement intelligence with dynamic sourcing optimization -Autonomous spend classification and real-time compliance enforcement -Supplier performance analytics and cross-industry procurement benchmarking -Predictive cost modeling and executive-ready reporting -Native ERP and procurement ecosystem integrations SpendXO goes beyond traditional spend analytics by helping teams understand where money is being lost, why inefficiencies exist, and how savings can be captured at scale. The platform supports procurement transformation, strategic sourcing, cost optimization, supplier management, and enterprise decision-making. Measurable Procurement Performance: Organizations deploying SpendXO consistently unlock measurable procurement performance gains, with AI surfacing savings that manual processes miss. -8–15% cost savings captured through AI-driven spend decomposition -90%+ spend classification coverage across enterprise data sources -20–35% reduction in maverick and off-contract spend -25–40% improvement in contract compliance enforcement Industries: Deployed across complex, high-volume procurement environments, including manufacturing, retail, FMCG, chemicals, packaging, and automotive, SpendXO moves enterprises beyond reactive cost management into a mode where AI continuously interrogates spend, anticipates risk, and surfaces savings before leadership has to ask.

#### Who Is the Company Behind SpendXO?

- **Seller:** [STATXO](https://www.g2.com/sellers/statxo)
- **Year Founded:** 2015
- **HQ Location:** Gurgaon, IN
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=7ff7569337606c7a1e4c8d458308a9971fa76e8044d2ddae8c48862fcea09488&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fstatxo%2F&secure%5Burl_type%5D=linkedin_company_website)  
27 employees on LinkedIn®

### [Suplari](https://www.g2.com/products/microsoft-suplari/reviews)

With Suplari, you are freed from data drudgery and armed with visibility and fresh insights each month so you can impact more decisions. Powered by advanced analytics including AI machine learning, you get a single source of truth with data automatically integrated from virtually any internal and external data sources, including your AP, purchase orders, contracts, T&E, PCard, and suppliers. Tireless algorithms comb through your haystacks of data to alert you of potential optimization opportunities along with workflow to help you prioritize and investigate. Information is rendered in a fast, modern interface so you can slice and dice into spend by supplier and contract attributes and drill down into line item detail.

**Average Rating:** 5.0/5.0

**Total Reviews:** 1

#### Who Is the Company Behind Suplari?

- **Seller:** [Microsoft](https://www.g2.com/sellers/microsoft)
- **Year Founded:** 1975
- **HQ Location:** Redmond, Washington
- **Twitter:** @microsoft  
13,091,739 Twitter followers
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=9458f51bd6ded48ad432a804f19ad736469f007787569b63827154231c315630&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fmicrosoft%2F&secure%5Burl_type%5D=linkedin_company_website)  
231,632 employees on LinkedIn®
- **Ownership:** MSFT

#### Who Uses This Product?

- **Company Size:** 100% Large

#### What Are Recent G2 Reviews of Suplari?

**["It's Amazing"](https://www.g2.com/survey_responses/suplari-review-1662102)**

**Rating:** 5.0/5.0 stars

_— Verified User in Computer Software_

[Read full review](https://www.g2.com/survey_responses/suplari-review-1662102)

### [Swypex](https://www.g2.com/products/swypex/reviews)

A platform used to make business payments, streamline invoice management and access working capital, while gaining insight and control of a business’s financial health. Swypex's ultimate goal is to simplify business finances.

#### Who Is the Company Behind Swypex?

- **Seller:** [Swypex](https://www.g2.com/sellers/swypex)
- **HQ Location:** N/A
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=26d8b3e7bbb9d3e9a7e8f933406f2fecf0c3354b1fa328fe89d54b57d0e0bc23&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fswypex&secure%5Burl_type%5D=linkedin_company_website)  
27 employees on LinkedIn®

### [TranscendAP](https://www.g2.com/products/transcendap/reviews)

At TranscendAP, we are revolutionizing accounts payable (AP) operations and driving unparalleled efficiency while streamlining workflows for AP departments. Our platform integrates effortlessly with your preferred ERP and accounting systems, including Oracle, Microsoft Dynamics, SAP, Coupa, IFS, and more. This ensures real-time, bi-directional data exchange, delivering a touchless, end-to-end AP process. With our advanced AI-driven document capture, comprehensive PO matching, and sophisticated exception handling, we empower businesses to achieve straight-through processing (STP), significantly enhancing operational speed, transparency, and accuracy. Take the complexity out of onboarding and invoice management with our vendor portal, which allows vendors and employees to complete onboarding, upload invoices, and access payment updates seamlessly. This further streamlines the entire process, dramatically reducing administrative workloads and boosting efficiency. By choosing TranscendAP, businesses unlock a new level of operational excellence, positioning themselves to thrive in today’s rapid-paced environment. Experience how we can take control of your AP processes, enhance accuracy, and provide deeper visibility—transforming your AP department into a powerhouse of productivity.

#### Who Is the Company Behind TranscendAP?

- **Seller:** [TranscendAP](https://www.g2.com/sellers/transcendap)
- **HQ Location:** Hamilton Township, US
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=34b3d6940aa97c2fba6b5c4b01ef923c4ac52739e25e0aa2ffea0deb99bf5c0c&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ftranscendap1%2F&secure%5Burl_type%5D=linkedin_company_website)  
11 employees on LinkedIn®

### [Veriscape](https://www.g2.com/products/veriscape/reviews)

Symphonia helps customers bridge complex system landscapes and provides an intuitive shopping environment with easy-to-maintain approval workflows and a full audit trail. Symphonia together with the IBM(TM) Supply Chain Business Network offers an intelligent Procure-2-Pay Solutions Suite, infused with AI and machine learning cognitive capabilities, driving visibility and the ability to manage disruption pro-actively.

#### Who Is the Company Behind Veriscape?

- **Seller:** [Veriscape](https://www.g2.com/sellers/veriscape)
- **Year Founded:** 1999
- **HQ Location:** Sydney, AU
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=594d47795531364922e15106d922364c61bc76225aae069cb2a2524abb1e36da&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fveriscape-inc%2F&secure%5Burl_type%5D=linkedin_company_website)  
8 employees on LinkedIn®

### [Xledger](https://www.g2.com/products/xledger/reviews)

Xledger Cloud ERP is a comprehensive cloud ERP.

**Average Rating:** 4.5/5.0

**Total Reviews:** 2

#### How Do G2 Users Rate Xledger?

- **Has the product been a good partner in doing business?:** 8.3/10 (Category avg: 9.1/10)

#### Who Is the Company Behind Xledger?

- **Seller:** [Xledger](https://www.g2.com/sellers/xledger)
- **Year Founded:** 2000
- **HQ Location:** Colorado Springs, US
- **Twitter:** @XledgerUSA  
1,812 Twitter followers
- **LinkedIn® Page:** [linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=bdf282e2bd0f79408a6fc9fdc9eac0f500d29f70650084ae62571707f23fcf59&secure%5Burl%5D=https%3A%2F%2Flinkedin.com%2Fcompany%2FXledger-USA&secure%5Burl_type%5D=linkedin_company_website)  
15 employees on LinkedIn®

#### Who Uses This Product?

- **Company Size:** 50% Large, 50% Medium

#### What Are Recent G2 Reviews of Xledger?

**["Xledger - A must have tool for accounting firms"](https://www.g2.com/survey_responses/xledger-review-6855983)**

**Rating:** 4.0/5.0 stars

_— Verified User in Accounting_

[Read full review](https://www.g2.com/survey_responses/xledger-review-6855983)

**["Love Xledger "](https://www.g2.com/survey_responses/xledger-review-895160)**

**Rating:** 5.0/5.0 stars

_— Verified User in Non-Profit Organization Management_

[Read full review](https://www.g2.com/survey_responses/xledger-review-895160)

#### What Are G2 Users Discussing About Xledger?

- [What is Xledger used for?](https://www.g2.com/discussions/what-is-xledger-used-for)

### [Zetadocs Capture](https://www.g2.com/products/zetadocs-capture/reviews)

Zetadocs Capture is an AP automation solution for Microsoft Dynamics 365 Business Central. It uses next generation, AI-driven document capture technology that enables automated data entry and order matching. Zetadocs Capture also stores documents alongside Business Central transactions for instant access, cutting the time spent on manually rekeying data and finding related documents.

#### Who Is the Company Behind Zetadocs Capture?

- **Seller:** [Equisys](https://www.g2.com/sellers/equisys)
- **Year Founded:** 1987
- **HQ Location:** London, GB
- **Twitter:** @equisysplc  
805 Twitter followers
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=0389ce92ff9f1744bcb2a9f32759f324a0abcd4967db41b8fad7bab6e7b16522&secure%5Burl%5D=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fequisys&secure%5Burl_type%5D=linkedin_company_website)  
44 employees on LinkedIn®

### [Zumen Inc.](https://www.g2.com/products/zumen-inc/reviews)

Zumen is a Cloud-based Source-to-Pay software for product manufacturing companies. Zumen enables product manufacturing companies to digitize their direct sourcing and procurement, and manage every detail of the process in a transparent, collaborative platform. With Zumen’s part life cycle management, BOM interface, supplier base visibility and product cost management, companies can build an agile, resilient supply chain and get their products to market faster. Zumen is headquartered in Walnut, USA

#### Who Is the Company Behind Zumen Inc.?

- **Seller:** [Zumen](https://www.g2.com/sellers/zumen)
- **Year Founded:** 2019
- **HQ Location:** Walnut, US
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=576dafe027f0ae5216b95874bfd97adbe1fd867d63f209763e8d22d54b8d36c4&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2F31067630&secure%5Burl_type%5D=linkedin_company_website)  
33 employees on LinkedIn®

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Similar Categories

- [Autonomous Sourcing](/categories/autonomous-sourcing)
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[Browse Procurement Spend Analysis Themes](/categories/procurement-spend-analysis/themes)

 ![Nathan Calabrese](/assets/transparent-ad5be28fbcd25b7b08d2cebe1d957125437fb5407d75ee717965ad22c8808791.gif "Nathan Calabrese")
NC

Researched and written by [Nathan Calabrese](https://research.g2.com/insights/author/nathan-calabrese)

Updated June 18, 2026

Procurement spend analysis software tracks corporate procurement spend and payments to identify trends, risks, and optimization opportunities. This type of software consolidates information from multiple sources or entities on procurement spending and payables. Procurement spend analysis software provides companies with visibility into payables and procurement information such as reconciled external data against internal transaction data, which enables managers to reduce unnecessary spending and recover supplier payments. This software sometimes uses artificial intelligence (AI) to identify errors in AP processes such as duplicate payments, anomalies, and fraud, and to assist in recovering overpayments, duplicate payments, or unused credits from suppliers. This type of software is used by procurement professionals and by AP departments to track and report on supplier and contract compliance.

Procurement spend analysis software should not be confused with [expense management](https://www.g2.com/categories/expense-management?source=search), which focuses exclusively on employee-related work expenses, or [spend management,](https://www.g2.com/categories/spend-management?source=search) which manages organization-wide spending. Procurement spend analysis solutions often integrate with spend management and [AP automation software](https://www.g2.com/categories/ap-automation?source=search).

To qualify for inclusion in the procurement spend analysis category, a product must:

- Classify procurement spending by type of purchase, category, supplier, or all of them
- Provide benchmarking and reporting for procurement spend and/or payments analysis
- Help companies improve buying power and reduce costs
- Ensure compliance with contract terms by suppliers
- Improve procurement payables and spending visibility across multiple locations and entities
- Provide fraud or risk monitoring for procurement payments and transactions

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