G2 is a peer review website for software and services. Find the right software and services based on 3,392,200+ real reviews. Featured sponsored content does not receive preferential treatment in the Spend Management Software category, or any of G2’s ratings. All review data is from real users.
Navan is the all-in-one solution that makes travel easy so you can focus on being there, not getting there. Say goodbye to spending hours on the phone trying to change your flight or saving stacks of receipts to manually input expenses. From EAs and finance teams to travel managers and employees, Navan empowers people to focus on the things that matter most to them — all while providing companies with real-time visibility, savings, and control. Learn more at navan.com.
Paylocity’s comprehensive product suite delivers a unified platform for professionals to make strategic decisions in the areas of benefits, core HR, payroll, talent, and workforce management, while cultivating a modern workplace and improving employee engagement.
Grow more. Waste less. Ramp started out as a better corporate card with spend management software designed to help companies spend less, not more. Since then, the platform has grown to help modern businesses run all aspects of their finance operations, including expense management, accounts payable, procurement, accounting automation, and more. Through it all, our core mission is unchanged: save time and money for our customers to help them build more successful, profitable businesses.
Perk(formerly TravelPerk) is the intelligent platform for travel and spend. Perk’s powerful platform automates time-consuming tasks like travel bookings, expenses, and invoice processing. So your people can focus on real work, with real impact. Employees get simple, easy-to-use tools for everything from booking and managing travel to claiming expenses, processing invoices, and making payments. Finance teams get end-to-end control with customisable policies and permissions as well as full visibility into spend across the company with real time reporting across travel, expenses, invoices, and card payments. The result? Simpler, faster workflows that free up time for your teams to focus on real work, with real impact.
Spend management software tracks and manages non-payroll business expenses to provide organization-wide visibility into spending by collecting, analyzing, and centralizing procurement and purchasing data. It helps companies prevent overspending, ensure accurate financial reporting, and support procurement and accounting teams in planning and monitoring expenses.
Core Capabilities of Spend Management Software
To qualify for inclusion in the Spend Management category, a product must:
Provide a centralized repository of procurement and purchasing data
Manage corporate or procurement spend
Include rules and workflows to approve purchases and payments
Match purchase orders, supplier invoices, and payments
Compare procurement budgets with actual spending
Provide real-time reporting of spend transactions
Analyze historical data and identify changes and trends in spending
Deliver suggestions for savings by product, supplier, or department
How Spend Management Software Differs from Other Tools
Insights from G2 Reviews on Spend Management Software
According to G2 review data, users highlight improved spend visibility, stronger purchasing controls, and more accurate financial reporting as key benefits of spend management platforms.
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