ISPnext Reviews & Product Details

ISPnext helps more than 450 organisations get a better grip on their procurement and finance processes. Our cloud-based Source-to-Pay platform brings suppliers, contracts, procurement, invoices and spend data together in one place, giving teams the insight they need to work more efficiently and make informed decisions. The platform supports the complete Source-to-Pay process, from selecting suppliers and managing contracts to purchasing, invoice processing and spend analysis. Solutions include AP Automation, Procurement, Spend Analytics, Vendor Management, Contract Management and Sourcing. They can be used separately or combined, depending on an organisation’s priorities and existing technology. Procurement teams can use ISPnext to manage sourcing activities, compare quotations and keep supplier information and performance up to date. Contract Management makes it easier to monitor agreements, key dates and obligations, while Procurement helps streamline purchase requests, approvals and orders. For finance and accounts payable teams, AP Automation reduces the manual work involved in processing invoices. Invoices can be captured, checked, matched and routed for approval within a structured workflow. Spend Analytics then brings procurement and financial data together, helping teams understand where money is being spent and where there may be opportunities to save, consolidate suppliers or improve compliance. At the heart of the platform is nextAI, ISPnext’s own AI technology. It helps automate repetitive tasks, process documents and identify relevant risks and opportunities in the available data. This allows procurement and finance professionals to spend less time on manual processing and more time on decisions that create value for the organisation. ISPnext connects with ERP systems including Microsoft Dynamics 365, SAP, Infor, Oracle JD Edwards, Exact, AFAS, Syteline and Unit4. This enables organisations to improve their procurement and finance processes while continuing to work with their existing ERP environment. Implementation and ongoing optimisation are supported by ISPnext and its network of ERP Connectivity Partners, Business Partners and Solution Partners. With offices in the Netherlands, Germany and the United Kingdom, ISPnext supports customers across different industries and international markets.