Procurement Software Resources

Articles and Discussions to expand your knowledge on Procurement Software

Resource pages are designed to give you a cross-section of information we have on specific categories. You'll find articles from our experts and discussions from users like you.

Contents

Procurement Software Articles

2023 Trends in Procurement

This post is part of G2's 2023 digital trends series. Read more about G2’s perspective on digital transformation trends in an introduction from Emily Malis Greathouse, director, market research, and additional coverage on trends identified by G2’s analysts.

by Nathan Calabrese

The Role of Artificial Intelligence in Accounting

Accounting is one of the most important, yet daunting and expensive departments in almost all companies. Accountants oversee all financial operations of a business to help it run smoothly and efficiently. These include preparing and analyzing financial statements (e.g., cash flow, income statement, balance sheet), paying taxes on time, and maintaining the companies’ general ledger (GL). All these tasks require a great deal of human interaction that takes time and money; no matter how careful an employee may be, there is always the chance for human error, which could snowball and lead to devastating financial results in the future.

by Nathan Calabrese

The Importance of Accounts Payable (AP) Automation

The phrase “time is money” has never been more true than it is now.

by Nathan Calabrese

Procurement Software Discussions

What is the highest rated Vendor Management software for teams automating compliance tracking and vendor risk assessment workflows?

We're researching what the highest rated Vendor Management software is for teams automating compliance tracking and vendor risk assessment workflows, specifically, since general vendor management and compliance-focused vendor management pull in genuinely different directions.

The three most built for this are Vanta, Stampli, and SAP Fieldglass. Here's the fuller list:

Vanta: 4.6 stars across 2,721 reviews, its Agentic Trust Platform automates 35+ compliance frameworks, including SOC 2 and ISO 27001, alongside broader GRC and risk workflows.
Stampli: 4.6 stars across 2,006 reviews. Stampli AI handles an average of 87% of finance work across procurement and vendor management, with human review before anything is posted.
SAP Fieldglass: 4.5 stars across 484 reviews, built specifically around global-regulations compliance and permissions tracking for managing an external workforce at scale.
QuickBooks Online: 4.0 stars across 3,880 reviews, the largest review base here, though its vendor management sits inside broader small-business accounting rather than dedicated risk assessment tooling.
Paylocity: 4.4 stars across 6,248 reviews, positioned more broadly around HCM with vendor-adjacent spend and procurement visibility as one piece of a larger platform.

For compliance teams that automated this recently, did the automated risk scoring actually match what a manual review would have caught, or did it need a human pass anyway?

Vendor Management reviews on G2 turn out to be a mix of two different jobs wearing the same category label. QuickBooks Online and Paylocity are a stretch here, since vendor risk assessment isn't really what either tool is built around; it just sits inside a broader accounting or HCM platform rather than being a dedicated capability. Vanta is the closer fit on paper, but even within its own Vendor Management reviews, most of what people describe is automating their own SOC 2 or ISO 27001 evidence collection rather than assessing other vendors, with only a thinner slice actually describing the vendor-facing side, such as a shareable trust report or scans that flag unapproved third-party apps.

That split partly answers the closing question: Automated scoring seems to catch what it's configured to catch, but reviewers are consistent that manual review still matters, and that caution likely applies even more to the vendor-assessment slice, given how much smaller it is. For genuinely vendor-risk-focused work, it may be worth checking whether a platform built specifically around third-party risk fits the angle better than one where vendor risk is one feature among several.

Answered: Shashank Shastry on September 16, 2026

Your answer

Responsive vs Loopio: which is the better RFP platform for proposal teams?

Hey G2, I've been comparing Responsive and Loopio head-to-head in the RFP category, the two platforms proposal teams most often shortlist against each other. They overlap heavily, so the decision comes down to breadth versus polish.

Responsive, formerly RFPIO: The broader platform for RFxs, security questionnaires, and DDQs at high volume, with a deep content library and a strong Salesforce integration that suits software teams. The trade is a heavier setup and a more involved Excel import.
Loopio: The cleaner, more intuitive experience, with best-in-class project import and standout SME collaboration that teams pick up quickly. Its AI drafts, like everyone's, need a review pass.

If you evaluated both, did Responsive's breadth win or did Loopio's cleaner workflow and import tip it? Curious which one your contributors actually preferred using day to day.

I’d give the same RFP to both platforms and invite a few occasional SMEs without training them first. Proposal managers can learn almost any system; the bigger difference is whether contributors actually respond when you need an answer. That would tell me more about Loopio versus Responsive than another feature comparison.

Answered: Barkha Bali on August 24, 2026

I’ve spent some time with both, and I think the differences are a little more practical than the usual “breadth vs. simplicity” comparison. Responsive makes more sense if you’re dealing with a lot of different types of requests, especially security questionnaires and DDQs alongside RFPs. Loopio is easier to get into. The workflow feels simpler and the collaboration side is really good, especially when you need SMEs to jump in and review answers. That said, we’ve actually been using Inventive AI lately and it’s changed what we look for in these comparisons. The AI is much more central to the workflow rather than being an extra layer on top of the RFP process

Answered: Filipe Ferrão on October 2, 2026

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Your answer

What's the best proposal management software for teams replacing manual RFP coordination across email and spreadsheets?

Hey G2, I've been looking at the best proposal management tools for teams, finally ditching manual RFP coordination across email and spreadsheets, the classic chaos of chasing answers in a shared file, in the RFP category.

Loopio: Reviewers credit it with replacing the email-and-spreadsheet scramble, centralizing questions, answers, and assignments in one workspace. AI-suggested content still needs a review step.
Responsive, formerly RFPIO: Pulls coordination into a single system with a shared library and project tracking, built for teams outgrowing manual methods. Expect setup effort to get there.
Upland Qvidian: A central content library plus task assignment stops documents from bouncing between inboxes, with content-freshness tracking. The UI is dated, and updating library data can be manual.

For teams that made the switch, what finally forced you off email and spreadsheets: a missed deadline, a wrong answer, or just the volume? And how long did adoption actually take?

I'm curious what the actual trigger point was for teams that made this switch. A missed deadline feels like a very different kind of motivation than simply outgrowing the volume, and I'd expect that to affect how much internal buy-in the switch got.

Answered: Yashwathy Marudhachalam on August 23, 2026

Your answer

Procurement Software Resources

Articles and Discussions to expand your knowledge on Procurement Software

Procurement Software Articles

2023 Trends in Procurement

The Role of Artificial Intelligence in Accounting

The Importance of Accounts Payable (AP) Automation

How Technology Procurement Is Moving Online

Procurement Software Discussions