Procure to pay software manages all procurement activities, from purchasing to vendor payments. This type of software helps companies streamline procurement operations and increase efficiency by using one centralized system instead of separate solutions. Procure to pay solutions are mostly used by procurement professionals but can also be leveraged by accountants to monitor invoices and payments. Suppliers may also use procure to pay software through online portals.
Procure to pay software is usually delivered as a mix of multiple solutions or as a standalone software suite. When not included in the product, procure to pay software needs to integrate with AP automation software and supplier relationship software. Integration with e-commerce platforms and supply chain suites is also essential.
To qualify for inclusion in the Procure to Pay category, a product must:
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The role of procurement is changing. This is a good thing. Generating savings and ensuring compliance remain paramount, but procurement now answers for innovation, supplier success, internal customer experience and value creation to name a few. With Coupa's strategic procurement solutions and tools, procurement can deliver on their core mission – increasing user and supplier adoption to realize optimum savings. But beyond that, Coupa’s flexibility and configurability helps procurement partner with the business to drive greater value. And the ability of Coupa's procurement tools to integrate with multiple ERPs, allows procurement to team with IT to deliver an intuitive, consistent purchasing experience to every employee. Coupa Procurement solutions allow you to achieve the highest system adoption across all your users whether they’re employees, managers, finance or even suppliers.
Cloud-based solutions for collaborative spend, finance, and sales management. ERP and CRM systems are great, but they don't do much to improve interactions between businesses. For all your investments in technology, your B2B transactions are still managed with a fragmented array of applications and manual processes. Blocking your view, keeping costs and risks high, and hobbling your competitiveness. You need technology that makes trading partner collaboration easier and more efficient. Because in a volatile global marketplace where businesses rise and fall every day, sustainable competitive advantage requires strong, mutually beneficial relationships. Ariba makes that easy. With just your web browser and a user-friendly interface, you can work with your trading partners using market-leading SaaS solutions for spend management, collaborative finance management, and sales acceleration management all integrated on a single platform. These solutions are available by subscription and on-demand, so there's no software to install or maintain. They're scalable, cost-effective, and burden-free. They're also easily integrated with your ERP and back office systems. All it takes to extend your processes to more trading partners is plugging into the Cloud. And no worries, Ariba systems are thoroughly tested to ensure continuous, secure, and reliable service delivery. You can be up and running in no time, using the industry's most complete platform to efficiently and effectively locate, communicate, and collaborate with your trading partners. Commerce is simply better with Ariba technology, whether you're looking to drive sales, control spending, or manage cash.
Tradeshift is the end-to-end business commerce company. We provide companies with solutions to buy and sell goods and services. Our extensible platform allows you to tailor solutions to meet your company’s needs. AP Automation Transact digitally with all your suppliers for 100% of your invoice volume. We continually transform your supply chain from paper to electronic. Say goodbye to scanning forever. Procurement Enable compliant spend and catalogs for your entire supply chain (direct, indirect & services). Transform your disconnected supplier interactions into truly collaborative relationships. Supplier Management Onboard all your suppliers once. Monitor supplier risk & performance, maintain control, and empower suppliers to manage their own information on our network. Working Capital Solutions Strengthen your supply chain. Optimize your working capital with Dynamic Discounting & Supply Chain Finance solutions. With Tradeshift, suppliers of any size can access attractive financing when they need it – at a better rate than anywhere else. Apps (to help you evolve) Future-proof your investment with an extensible platform. Leverage apps from Tradeshift’s ecosystem or build new ones to meet your future business needs. Free for Small Businesses Tradeshift believes in connecting businesses of all sizes, which is why we offer forever-free invoicing for freelancers, consultants, and small businesses.
BuyerQuest is a next-generation procurement solution that brings the eCommerce shopping experience to the Enterprise. End users make better, informed buying decisions while enabling tighter trading relationships with suppliers. Our customers use BuyerQuest to deliver a wonderful employee buying experience, reduce procurement process friction, drive contract compliance, and save money.
Precoro is a robust procure-to-pay system for your business. Automated purchasing, simple sourcing and spend analytics — all in one easy-to-use platform. Procurement Software Contains all functionality that helps to automate sourcing, inventory, catalogs and contracts management. Keeps suppliers’ relationships simple. Purchase Order Software Automates creating purchase orders, transmitting POs to suppliers, reconciling supplier invoices to POs and contracts, managing Purchase Requests. All in one place. Spend Management Assign orders to budgets to control spending within cost centers. Real-time reports and custom approval workflow puts you in control.
Vroozi is 100% cloud-based, mobile-friendly purchasing software. This means employees can search, request, approve, and order items and services on any device. With Vroozi, companies can easily create a marketplace; automate requests, approval, and orders; transmit orders to suppliers electronically; and analyze spend to make informed business decisions. Vroozi also helps you manage all documents (Purchase Orders, Goods Receipts, and Invoices) in one place. 3-way matching between these documents ensure accurate payments and savings. Most enterprise companies have negotiated pricing with suppliers, but employees don’t know about those contracts or how to comply because the contracted items are not visible to them. That’s why enterprises need a catalog marketplace like Vroozi, where they can create an internal marketplace for their employees to find everything they need and still purchase within corporate policy. We help move rapidly-growing companies from paper requests and non-approval orders, to ordering online with proper approval from managers and tracking of all orders in one place. Finance people love us because now they have visibility into their cash flow and can assign budget accordingly. We help them minimize surprises at the end of the month. In fact, they don’t necessarily need negotiated suppliers. Our platform is pre-integrated with Amazon Business and a few other suppliers, which provide hundreds of millions of items across different categories.
Xeeva is driving the development and delivery of the next generation of intelligent procurement and financial solutions. Xeeva’s technology is used in over 40 countries and is available in 18 languages. The company’s end to end technology suite includes Sourcing, Procure to Pay, Supplier Collaboration, Financial Collaboration and Extended Enterprise solutions.
Offers a multi-tenant cloud solution for eProcurement, Accounts Payable Automation (3-way match automation), Inventory Control, Recipe Management and Capital Projects for businesses around the world. Our SaaS solution improves visibility and control over supply chain and back-office operations. The platform and technology connects businesses and suppliers to gain greater efficiency, increase transparency, create accountability, strengthen financial controls, and reduce compliance gaps resulting in significant business process improvements (BPIs) and achieve real supply cost savings.
THE PROCUREMENT EMPOWERMENT PLATFORM Ivalua’s Platform is uniquely designed for agility, performance, and scale. Built on a single code base and data model leveraging a configurable cloud infrastructure it fundamentally alters what Procurement & Supply Chain leaders can achieve. Unmatched flexibility -Best-in-class is not one-size-fits-all. -Easy configuration is a core principle of the Ivalua platform. -Meet your users’ needs, from custom UI and workflows to new forms and fields. -Collaborate with suppliers and other stakeholders by tailoring processes to their needs. Welcome to the Configurable Cloud The Ivalua Platform is built on a configurable cloud. An industry leading cloud environment that allows you to scale up or down and be assured of the highest security and performance standards, no matter where or what device.
Comarch Procure-to-Pay combines e-sourcing, e-procurement, e-invoicing and accounts payable invoice automation capabilities. It assures improved collaboration both within your company and with your business partners, thanks to Robotic Process Automation of document handling and a holistic approach to data exchange, while leveraging financing of solutions. As a result, your company, with prompt access to reliable Big Data reports, will be more efficient and can choose freely how to optimize working capital.
ProcurePort provides world class technology and services to assist Global 1000 and other Mid Size Companies with managing their spend and automating their procurement processes. ProcurePort On Demand solutions are Cloud hosted in a SAS 70 Type II Environment to provide your organization with the highest level of data security and confidentiality.
ProcureTiger Procurement enhances your business and yields better results and is complementary to ERP because it adds value to the procurement cycle by facilitating it better. ProcureTiger Procurement is an automated procurement software solution that drives the common organizational goal of cost excellence by helping the organization to save time, money and resources.
SMART by GEP is the industry's leading cloud-native, unified source-to-pay platform with comprehensive spend, sourcing and procurement functionality, including spend analysis, sourcing, contract management, supplier management, and procure-to-pay. SMART by GEP is a thoughtfully conceived, beautifully designed digital work environment, precision-engineered for sourcing and procurement professionals, bringing consumer-grade usability and experience to the business-to-business workspace. With intuitive design, stunning visual appeal, intelligent interfaces, and ability to move the user fluidly and naturally from task to task, on any platform and any device, SMART by GEP drives adoption rates that are among the highest in the industry. It eliminates routine and redundant processes, accelerates or shortens complex tasks, intelligently provides tools and resources to people to achieve more, get better results and succeed in their work. SMART by GEP leverages the power and scalability of the cloud to offer a single, digital workspace for all stakeholders that enables and accelerates digital procurement transformation. Designed as an open platform, SMART by GEP allows enterprise procurement teams to harness the potential of new and emerging technologies, such as artificial intelligence, big data, blockchain, and IoT, to achieve truly transformative business outcomes.
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.
Synertrade is an organic cloud-based Source-to-Pay platform that covers the entire purchasing process. A recognized industry leader in Strategic Sourcing, Supplier Relationship Management, and Purchasing Intelligence; Synertrade ACCELERATE offers 34 different applications from Source to Contract, Procure to Pay, and Spend Intelligence. A full suite of digital procurement software solutions that enable businesses to have control and clear visibility of their spend – resulting in lowered costs, increased revenue, and enhanced customer loyalty.
VENDX is a software solution that fits painlessly in your procurement organization. This tool very easily prioritizes the Negotiation and Control aspects of the purchase process while making sure that administrative tasks become easier and more thorough. Vendx is a valuable stand-alone tool, but just as smoothly integrates with your existing software environment. You can be up and running with Vendx almost immediately since we need minimum implementation time and very minimal training for the user. Interestingly, to use VENDX your suppliers just require an email id & can start responding on Vendx from the day one most intuitively!
Zycus Procure-to-Pay software is a next-generation suite featuring patented Guided Procurement System (GPS) technology that ensures consistent and accurate buying decisions. Powerful — yet, easy to use — features create a simple and intuitive shopping experience with high visibility into product and supplier details. Modules in Zycus Procure-to-Pay software include eProcurement, eInvoicing, Inventory management, dynamic discounting and Zycus Supplier Network