[ Procurify Reviews ](https://www.g2.com/products/procurify/reviews) [ Procurify Reviews ](https://www.g2.com/products/procurify/reviews) # Procurify Features ##### ## Setup (3) Data Consolidates procurement data from multiple systems such as ERP systems and supply chain suites. Approvals Define rules and workflows that managers can use to approve different kinds of spending. Alignment Align spending across various departments such as procurement and accounting. Show More ##### ## Performance (3) KPIs Provide standard spend KPIs that can be customized by users. Benchmarks Use historical spend data to create benchmarks per company or department. Savings Identify savings opportunities per activity, department, or at the company level. Show More ##### ## Planning (8) Processes Manage workflows and business processes for procurement. Contracts Provide standard procurement contracts that can be customized. Content Maintain a repository of content such as catalogs and other documents. Requisition Define requisition rules for various types of procurement. Processses Manage workflows and business processes for procurement. Contracts Provide standard procurement contracts that can be customized. Content Maintain a repository of content such as catalogs and other documents. Requisition Define requisition rules for various types of procurement Show More ##### ## Execution (6) Sourcing Identify and assess suppliers for different products and services. Purchasing Create and manage purchase orders for products and services. Invoicing Include features for procurement invoicing and e-invoicing. Sourcing Identify and assess suppliers for different products and services. Purchasing Electronically create and manage purchase orders for products and services. Invoicing Include features for procurement invoicing and e-invoicing. Show More ##### ## Analytics (10) Visibility Improve visibility into procurement activities across the company. Performance Monitor the performance of procurement operations. Spend Analyze procurement spending and identify future trends. Due Dates Track invoices based on due dates to identify overdue payments KPIs Monitor KPIs such as time to process an invoice or erroneous payments Visibility Improve visibility into procurement activities across the company. Performance Monitor the performance of procurement operations Spend Analyze procurement spending and identify future trends. Due Dates Track invoices based on due dates to identify overdue payments KPIs Monitor KPIs such as time to process an invoice or erroneous payments Show More ##### ## Invoice Management (5) Capture Provide features to capture invoices such as import or scanning Repository Deliver a central repository of AP documents, such as POs and invoices Capture Provide features to capture and record invoices, such as import or scanning Supplier Portal Allow suppliers to submit invoices using an online portal Repository Deliver a central repository of AP documents, such as POs and invoices Show More ##### ## Invoice Processing (9) Matching Ability to match AP invoices to POs, contracts, or payments Payments Identify incomplete or late supplier payments Workflows Include workflows for approvals and invoice processing Tax Compliance Comply with local and global tax regulations for collections Matching Ability to match AP invoices to POs, contracts, or payments Payments Identify incomplete or late supplier payments Workflows Include workflows for approvals and invoice processing Tax Compliance Comply with local and global tax regulations for collections Submittal Electronically submit invoices to buyers Show More ##### ## Integration (7) Accounting Provide integration with accounting and financial management software Payment Integration Integrate with payment gateways and enterprise payments software ERP Deliver integrations with accounting modules of ERP systems Accounting Provide integration with accounting and financial management software Payments Integrate with payment gateways and enterprise payments software ERP Deliver integrations with accounting modules of ERP systems Procurement Allow integration with procurement software, such as Procure To Pay, RFP and Spend Management Show More ##### ## Management (4) Approval Use criteria to add or remove suppliers to/from approved lists. Communication Manage communications with suppliers on multiple channels such as phone or email. Documents Capture and maintain documents related to suppliers and their products or services. Receipt of Goods Compare goods received with purchase orders and document variations Show More ##### ## Supplier Management (3) Evaluation Allows users to evaluate supplier performance using standard and custom KPIs. Selection Provide features to compare suppliers and choose the best option for various activities. Risk Management Identify potential issues and how they may impact relationships with suppliers. Show More ##### ## Supplier Information (3) Profiles Create and manage supplier profiles that include contact and pricing information. Qualifications Identify the services and products provided by suppliers, as well as certifications. History Track history of all interactions and business transactions with suppliers. Show More ##### ## Risk (3) Analysis Reduces future risks through root cause analysis and process improvement Identification Reduces frequency of errors, identifies risk and improves efficiency Scoring Scores suppliers and employees based on risk factors Show More ##### ## Recovery (2) Recoup Identifies and recoups funds and prevents errors from happening again Reporting Offers reporting to aid in minimizing future lost profits and process breakdown Show More ##### ## Audit (4) Filters Includes a library of audit-tested filters to identify AP outliers that are outside company policy Post Audits Conducts a post-audit analysis of large volumes of data to identify historical payment errors and automatically generate claims Overpayments Detects and prevents a wide range of overpayment errors Duplicates Detects and prevents a wide range of duplicate payments Show More ##### ## Fraud (3) Vendor Checks Enables automatic checks of new vendors being set up in the system to combat potential billing schemes Data Generation Generates comprehensive data needed to conduct a thorough investigation Monitoring Provides continuous, proactive fraud monitoring across multiple systems and data formats Show More ##### ## Payment Cards (3) One-time Virtual Online credit card number that can be instantly sent to employees and used for secure, one-time purchases Recurring Virtual Online credit card number that can be instantly sent to employees and used for secure, recurring payments, such as subscriptions or services Physical Physical credit cards used by employees for various expenses that allow management to monitor spending and budgets Show More ##### ## Reporting (4) Real time Report on spend transactions as they happen in real time Multiple Views Reports that allow the user to sort and filter by vendor, team, GL, department, etc. Export The ability to export reports in various formats, such as excel, CSV, and Google Sheets Budgets Report on and track spending against budgets Show More ##### ## Payments (4) Vendor Pay vendors through a dashboard or portal and maintain vendor payment information Recurring Manage and execute recurring payments, such as subscriptions, services, utilities, etc. Employee Reimbursements Reimburse an employee for all necessary expenditures or losses incurred by the employee within the employee's scope of employment ACH Allows for the electronic transfer of funds between banks Show More ##### ## Fraud & Risk Management (3) Notifications Real-time notifications for fraudulant and/or duplicate spending Unique Cards Individual, unique cards for each vendor to help manage duplicate and overpayments Controls Control spend limits, expiration dates, and lock and unlock stolen or lost cards Show More ##### ## Supplier Marketplace (3) Library Provides a centralized library containing product data. Categorization Enables users to assign custom categories to products. Data Management Creates and manages product catalogs. Show More ##### ## Contract Management (3) Compliance Assists with maintaining compliance with controlled processes, automated tracking, and audit trails. Revenue Identifies revenue opportunities by providing better visibility into spend data, improving supplier relationships, streamlining procurement processes, and identifying cost savings opportunities Negotiations Provides organizations with the tools and data they need to negotiate contracts more effectively, such as data analysis, collaboration, and contract management. Show More ##### ## Data Collection (3) Spend Increases spend visibility into pricing and unintended or excessive use of discounts or promotions by customers. Compliance Reports Identifies noncompliant spending, fraud, and other activity outside of company policy. Savings Analyzes spending patterns and identifies areas to reduce costs. Show More ##### ## Project Management (3) Dashboard Provides a dashboard for searching and reporting on contracts and projects. Repository Manages contracts in a single, online central repository. Lifecycle Manages the entire contract lifecycle process by providing visibility into projects and allocating resources across sourcing initiatives. Show More ##### ## Agentic AI - Spend Management (1) Proactive Assistance Anticipates needs and offers suggestions without prompting Show More ##### ## Agentic AI - Procure to Pay (1) Multi-step Planning Ability to break down and plan multi-step processes Show More ##### ## Agentic AI - Purchasing (2) Proactive Assistance Anticipates needs and offers suggestions without prompting Decision Making Makes informed choices based on available data and objectives Show More ##### ## Agentic AI - Strategic Sourcing (3) Multi-step Planning Ability to break down and plan multi-step processes Cross-system Integration Works across multiple software systems or databases Adaptive Learning Improves performance based on feedback and experience Show More ##### ## Agentic AI - AP Automation (3) Autonomous Task Execution Capability to perform complex tasks without constant human input Proactive Assistance Anticipates needs and offers suggestions without prompting Decision Making Makes informed choices based on available data and objectives Show More ## Top-Rated Alternatives [ ![Coupa](https://images.g2crowd.com/uploads/product/hd_favicon/50cb69ef8557af98812aefcdf08a77fb/coupa-software-coupa.svg "Coupa") Coupa 4.2/5 (555) ](https://www.g2.com/products/coupa-software-coupa/reviews) [ ![SAP Ariba](https://images.g2crowd.com/uploads/product/hd_favicon/d1325eced74c78f93322576ca6fe3007/sap-ariba.svg "SAP Ariba") SAP Ariba 4.1/5 (741) ](https://www.g2.com/products/sap-ariba/reviews) [ ![Precoro](https://images.g2crowd.com/uploads/product/hd_favicon/1532208206/precoro.svg "Precoro") Precoro 4.7/5 (204) ](https://www.g2.com/products/precoro/reviews) [ View All Alternatives ](https://www.g2.com/products/procurify/competitors/alternatives) Procurify Comparisons ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_fd9b0bfb1f3808b39549e873c236f95f/coupa-software-coupa.png "Product Avatar Image") Coupa 4.2/5 (569) [ Compare Now ](https://www.g2.com/compare/coupa-software-coupa-vs-procurify) ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_1fa46b56c4e717eb862ccc34304a2bda/precoro.png "Product Avatar Image") Precoro 4.7/5 (207) [ Compare Now ](https://www.g2.com/compare/precoro-vs-procurify) ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_d0d6ccf428616c2b6e15d4988148712b/sap-ariba.png "Product Avatar Image") SAP Ariba 4.1/5 (791) [ Compare Now ](https://www.g2.com/compare/procurify-vs-sap-ariba) ##### Categories on G2 [ AP Automation ](https://www.g2.com/categories/ap-automation)[ Spend Management ](https://www.g2.com/categories/spend-management)[ Procure to Pay ](https://www.g2.com/categories/procure-to-pay) [ Purchasing ](https://www.g2.com/categories/purchasing-software)[ Strategic Sourcing ](https://www.g2.com/categories/strategic-sourcing) Show More ##### Explore More [ Which file recovery software platforms integrate with cloud storage systems while meeting compliance requirements? ](https://www.g2.com/discussions/which-file-recovery-software-platforms-integrate-with-cloud-storage-systems-while-meeting-compliance-requirements)[ Best identity verification tools for online services ](https://www.g2.com/discussions/best-identity-verification-tools-for-online-services)[ Best tools for integrating CI with container orchestration ](https://www.g2.com/discussions/best-tools-for-integrating-ci-with-container-orchestration) [ Best identity verification software ](https://www.g2.com/discussions/any-recommendations-for-best-identity-verification-software)[ Best media monitoring solution for large companies ](https://www.g2.com/discussions/best-media-monitoring-solution-for-large-companies)[ Pros and Cons Details ](https://www.g2.com/products/procurify/reviews?qs=pros-and-cons) Show More [ Which file recovery software platforms integrate with cloud storage systems while meeting compliance requirements? ](https://www.g2.com/discussions/which-file-recovery-software-platforms-integrate-with-cloud-storage-systems-while-meeting-compliance-requirements)[ Best identity verification tools for online services ](https://www.g2.com/discussions/best-identity-verification-tools-for-online-services)[ Best tools for integrating CI with container orchestration ](https://www.g2.com/discussions/best-tools-for-integrating-ci-with-container-orchestration) [ Best identity verification software ](https://www.g2.com/discussions/any-recommendations-for-best-identity-verification-software)[ Best media monitoring solution for large companies ](https://www.g2.com/discussions/best-media-monitoring-solution-for-large-companies)[ Pros and Cons Details ](https://www.g2.com/products/procurify/reviews?qs=pros-and-cons)