Procurify Features

Setup (3)

Data: Based on 90 Procurify reviews. Consolidates procurement data from multiple systems such as ERP systems and supply chain suites.
Approvals: As reported in 93 Procurify reviews. 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. 80 reviewers of Procurify have provided feedback on this feature.

Performance (3)

Planning (8)

Processes: Manage workflows and business processes for procurement. This feature was mentioned in 66 Procurify reviews.
Contracts: Provide standard procurement contracts that can be customized. This feature was mentioned in 58 Procurify reviews.
Content: Based on 60 Procurify reviews. Maintain a repository of content such as catalogs and other documents.
Requisition: Based on 59 Procurify reviews. Define requisition rules for various types of procurement.
Processses: Manage workflows and business processes for procurement. This feature was mentioned in 140 Procurify reviews.
Contracts: As reported in 114 Procurify reviews. Provide standard procurement contracts that can be customized.
Content: Maintain a repository of content such as catalogs and other documents. 124 reviewers of Procurify have provided feedback on this feature.
Requisition: Based on 132 Procurify reviews. Define requisition rules for various types of procurement

Execution (6)

Sourcing: As reported in 59 Procurify reviews. Identify and assess suppliers for different products and services.
Purchasing: As reported in 65 Procurify reviews. Create and manage purchase orders for products and services.
Invoicing: Based on 60 Procurify reviews. Include features for procurement invoicing and e-invoicing.
Sourcing: Identify and assess suppliers for different products and services. 111 reviewers of Procurify have provided feedback on this feature.
Purchasing: Based on 152 Procurify reviews. Electronically create and manage purchase orders for products and services.
Invoicing: Based on 130 Procurify reviews. Include features for procurement invoicing and e-invoicing.

Analytics (10)

Visibility: Based on 61 Procurify reviews. Improve visibility into procurement activities across the company.
Performance: Monitor the performance of procurement operations. This feature was mentioned in 62 Procurify reviews.
Spend: Based on 63 Procurify reviews. Analyze procurement spending and identify future trends.
Due Dates: Based on 23 Procurify reviews and verified by the G2 Product R&D team. Track invoices based on due dates to identify overdue payments
KPIs: Based on 19 Procurify reviews and verified by the G2 Product R&D team. Monitor KPIs such as time to process an invoice or erroneous payments
Visibility: As reported in 127 Procurify reviews. Improve visibility into procurement activities across the company.
Performance: Based on 129 Procurify reviews. Monitor the performance of procurement operations
Spend: Analyze procurement spending and identify future trends. This feature was mentioned in 124 Procurify reviews.
Due Dates: Track invoices based on due dates to identify overdue payments This feature was mentioned in 130 Procurify reviews.
KPIs: Based on 97 Procurify reviews. Monitor KPIs such as time to process an invoice or erroneous payments

Invoice Management (5)

Capture: Based on 26 Procurify reviews and verified by the G2 Product R&D team. Provide features to capture invoices such as import or scanning
Repository: Based on 23 Procurify reviews and verified by the G2 Product R&D team. 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 114 reviewers of Procurify have provided feedback on this feature.
Supplier Portal: Based on 118 Procurify reviews. Allow suppliers to submit invoices using an online portal
Repository: As reported in 107 Procurify reviews. Deliver a central repository of AP documents, such as POs and invoices

Invoice Processing (9)

Matching: Based on 25 Procurify reviews and verified by the G2 Product R&D team. Ability to match AP invoices to POs, contracts, or payments
Payments: Based on 22 Procurify reviews and verified by the G2 Product R&D team. Identify incomplete or late supplier payments
Workflows: Based on 24 Procurify reviews and verified by the G2 Product R&D team. Include workflows for approvals and invoice processing
Tax Compliance: Based on 22 Procurify reviews and verified by the G2 Product R&D team. Comply with local and global tax regulations for collections
Matching: Ability to match AP invoices to POs, contracts, or payments 121 reviewers of Procurify have provided feedback on this feature.
Payments: Based on 121 Procurify reviews. Identify incomplete or late supplier payments
Workflows: Based on 124 Procurify reviews. Include workflows for approvals and invoice processing
Tax Compliance: Comply with local and global tax regulations for collections 100 reviewers of Procurify have provided feedback on this feature.
Submittal: Based on 122 Procurify reviews. Electronically submit invoices to buyers

Integration (7)

Accounting: Based on 23 Procurify reviews and verified by the G2 Product R&D team. Provide integration with accounting and financial management software
Payment Integration: Based on 21 Procurify reviews and verified by the G2 Product R&D team. Integrate with payment gateways and enterprise payments software
ERP: Based on 19 Procurify reviews and verified by the G2 Product R&D team. Deliver integrations with accounting modules of ERP systems
Accounting: Based on 108 Procurify reviews. Provide integration with accounting and financial management software
Payments: Based on 107 Procurify reviews. Integrate with payment gateways and enterprise payments software
ERP: As reported in 96 Procurify reviews. Deliver integrations with accounting modules of ERP systems
Procurement: Allow integration with procurement software, such as Procure To Pay, RFP and Spend Management This feature was mentioned in 120 Procurify reviews.

Management (4)

Approval: As reported in 158 Procurify reviews. Use criteria to add or remove suppliers to/from approved lists.
Communication: As reported in 159 Procurify reviews. 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. 153 reviewers of Procurify have provided feedback on this feature.
Receipt of Goods: Based on 155 Procurify reviews. Compare goods received with purchase orders and document variations

Supplier Management (3)

Evaluation: Allows users to evaluate supplier performance using standard and custom KPIs. 117 reviewers of Procurify have provided feedback on this feature.
Selection: Based on 121 Procurify reviews. 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. This feature was mentioned in 105 Procurify reviews.

Supplier Information (3)

Profiles: As reported in 120 Procurify reviews. Create and manage supplier profiles that include contact and pricing information.
Qualifications: Identify the services and products provided by suppliers, as well as certifications. This feature was mentioned in 104 Procurify reviews.
History: Track history of all interactions and business transactions with suppliers. 128 reviewers of Procurify have provided feedback on this feature.

Risk (3)

Recovery (2)

Audit (4)

Filters: As reported in 18 Procurify reviews. 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 This feature was mentioned in 15 Procurify reviews.
Overpayments: Based on 16 Procurify reviews. Detects and prevents a wide range of overpayment errors
Duplicates: Detects and prevents a wide range of duplicate payments 18 reviewers of Procurify have provided feedback on this feature.

Fraud (3)

Vendor Checks: Based on 15 Procurify reviews. Enables automatic checks of new vendors being set up in the system to combat potential billing schemes
Data Generation: As reported in 18 Procurify reviews. Generates comprehensive data needed to conduct a thorough investigation
Monitoring: Provides continuous, proactive fraud monitoring across multiple systems and data formats 17 reviewers of Procurify have provided feedback on this feature.

Payment Cards (3)

One-time Virtual: Online credit card number that can be instantly sent to employees and used for secure, one-time purchases This feature was mentioned in 48 Procurify reviews.
Recurring Virtual: As reported in 47 Procurify reviews. 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 52 reviewers of Procurify have provided feedback on this feature.

Reporting (4)

Real time: As reported in 65 Procurify reviews. 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. This feature was mentioned in 64 Procurify reviews.
Export: The ability to export reports in various formats, such as excel, CSV, and Google Sheets This feature was mentioned in 63 Procurify reviews.
Budgets: Based on 63 Procurify reviews. Report on and track spending against budgets

Payments (4)

Vendor: Pay vendors through a dashboard or portal and maintain vendor payment information 67 reviewers of Procurify have provided feedback on this feature.
Recurring: Manage and execute recurring payments, such as subscriptions, services, utilities, etc. This feature was mentioned in 57 Procurify reviews.
Employee Reimbursements: As reported in 59 Procurify reviews. 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 51 reviewers of Procurify have provided feedback on this feature.

Fraud & Risk Management (3)

Supplier Marketplace (3)

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.