Spendflo Features
Revenue Recognition (3)
Usage Tracking
Track usage per company, custom time period, or contract
Deferred Revenue
Track payments received for products that haven't be delivered yet
Revenue Accrual
Recognition rules to accrue revenue on a daily or monthly basis
Tracking (3)
Spend Tracking
Based on 73 Spendflo reviews. Provides ability to track and/or map spending on all tools across departments with little to no manual entry.
SaaS Utilization Tracking
Based on 70 Spendflo reviews. Continuously tracks the number of licenses in use and how often they are being utilized. Tracks usage internally or through integrated applications.
User Sentiment Tracking
Based on 68 Spendflo reviews. Allows companies the ability to periodically survey users regarding the effectiveness of SaaS applications and their experience using the tools.
Management (7)
Contract Management
Provides administrative features to renew, track pricing, analyze terms, and outline expiration dates for SaaS contracts. This feature was mentioned in 72 Spendflo reviews.
Application Catalog
Allows companies to select a wide variety of applications to track and manage. This feature was mentioned in 68 Spendflo reviews.
Dashboards and Visualizations
Presents information and analytics in a digestible, intuitive, and visually appealing way. This feature was mentioned in 70 Spendflo reviews.
Approval
Use criteria to add or remove suppliers to/from approved lists. 26 reviewers of Spendflo have provided feedback on this feature.
Communication
Manage communications with suppliers on multiple channels such as phone or email. 25 reviewers of Spendflo have provided feedback on this feature.
Documents
Capture and maintain documents related to suppliers and their products or services. This feature was mentioned in 26 Spendflo reviews.
Receipt of Goods
As reported in 25 Spendflo reviews. Compare goods received with purchase orders and document variations
Insights (4)
Recommendations
Based on 72 Spendflo reviews. Provides recommendations on how to improve your use of existing SaaS tools and recommendations on new SaaS tools
Spend Forecasting and Optimization
As reported in 71 Spendflo reviews. Ability to project spend based on contracts signed. Identifies redundant transactions and unnecessary costs.
Peer Benchmarking
As reported in 71 Spendflo reviews. Facilitates the comparison of your software products, costs, sentiment, and/or utilization to that of peer companies
Reporting
Creates reports outlining application utilization, cost, user sentiment, and/or functional overlap. This feature was mentioned in 70 Spendflo reviews.
Setup (3)
Data
Consolidates procurement data from multiple systems such as ERP systems and supply chain suites. This feature was mentioned in 21 Spendflo reviews.
Approvals
Based on 22 Spendflo 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. This feature was mentioned in 22 Spendflo reviews.
Performance (4)
KPIs
Provide standard spend KPIs that can be customized by users. This feature was mentioned in 21 Spendflo reviews.
Benchmarks
Use historical spend data to create benchmarks per company or department. 21 reviewers of Spendflo have provided feedback on this feature.
Forecasting
As reported in 21 Spendflo reviews. Provide forecasts on future trends that may impact spending performance.
Savings
As reported in 21 Spendflo reviews. Identify savings opportunities per activity, department, or at the company level.
Planning (4)
Processses
Based on 24 Spendflo reviews. Manage workflows and business processes for procurement.
Contracts
As reported in 25 Spendflo reviews. Provide standard procurement contracts that can be customized.
Content
As reported in 24 Spendflo reviews. Maintain a repository of content such as catalogs and other documents.
Requisition
Define requisition rules for various types of procurement 24 reviewers of Spendflo have provided feedback on this feature.
Invoice Management (1)
Capture
Provide features to capture and record invoices, such as import or scanning This feature was mentioned in 24 Spendflo reviews.
Supplier Management (3)
Evaluation
As reported in 23 Spendflo reviews. 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. 20 reviewers of Spendflo have provided feedback on this feature.
Risk Management
Based on 23 Spendflo reviews. Identify potential issues and how they may impact relationships with suppliers.
Execution (3)
Sourcing
Identify and assess suppliers for different products and services. This feature was mentioned in 22 Spendflo reviews.
Purchasing
Electronically create and manage purchase orders for products and services. 24 reviewers of Spendflo have provided feedback on this feature.
Invoicing
As reported in 24 Spendflo reviews. Include features for procurement invoicing and e-invoicing.
Invoice Processing (5)
Matching
As reported in 23 Spendflo reviews. Ability to match AP invoices to POs, contracts, or payments
Payments
As reported in 24 Spendflo reviews. Identify incomplete or late supplier payments
Workflows
As reported in 23 Spendflo reviews. Include workflows for approvals and invoice processing
Tax Compliance
Comply with local and global tax regulations for collections 21 reviewers of Spendflo have provided feedback on this feature.
Submittal
Electronically submit invoices to buyers This feature was mentioned in 20 Spendflo reviews.
Supplier Information (3)
Profiles
Create and manage supplier profiles that include contact and pricing information. 21 reviewers of Spendflo have provided feedback on this feature.
Qualifications
Identify the services and products provided by suppliers, as well as certifications. 21 reviewers of Spendflo have provided feedback on this feature.
History
Track history of all interactions and business transactions with suppliers. 21 reviewers of Spendflo have provided feedback on this feature.
Analytics (5)
Visibility
As reported in 22 Spendflo reviews. Improve visibility into procurement activities across the company.
Performance
As reported in 22 Spendflo reviews. Monitor the performance of procurement operations
Spend
Analyze procurement spending and identify future trends. This feature was mentioned in 20 Spendflo reviews.
Due Dates
As reported in 21 Spendflo reviews. Track invoices based on due dates to identify overdue payments
KPIs
Monitor KPIs such as time to process an invoice or erroneous payments This feature was mentioned in 20 Spendflo reviews.
Integration (4)
Accounting
Provide integration with accounting and financial management software This feature was mentioned in 21 Spendflo reviews.
Payments
Integrate with payment gateways and enterprise payments software 20 reviewers of Spendflo have provided feedback on this feature.
ERP
As reported in 20 Spendflo reviews. Deliver integrations with accounting modules of ERP systems
Procurement
Based on 21 Spendflo reviews. Allow integration with procurement software, such as Procure To Pay, RFP and Spend Management
Payment Cards (3)
One-time Virtual
Based on 18 Spendflo reviews. Online credit card number that can be instantly sent to employees and used for secure, one-time purchases
Recurring Virtual
Based on 18 Spendflo 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 18 reviewers of Spendflo have provided feedback on this feature.
Reporting (4)
Real time
Report on spend transactions as they happen in real time 19 reviewers of Spendflo have provided feedback on this feature.
Multiple Views
Based on 19 Spendflo reviews. Reports that allow the user to sort and filter by vendor, team, GL, department, etc.
Export
Based on 19 Spendflo reviews. The ability to export reports in various formats, such as excel, CSV, and Google Sheets
Budgets
As reported in 19 Spendflo reviews. Report on and track spending against budgets
Payments (4)
Vendor
Pay vendors through a dashboard or portal and maintain vendor payment information 18 reviewers of Spendflo have provided feedback on this feature.
Recurring
Manage and execute recurring payments, such as subscriptions, services, utilities, etc. 18 reviewers of Spendflo have provided feedback on this feature.
Employee Reimbursements
Reimburse an employee for all necessary expenditures or losses incurred by the employee within the employee's scope of employment This feature was mentioned in 18 Spendflo reviews.
ACH
Allows for the electronic transfer of funds between banks This feature was mentioned in 18 Spendflo reviews.
Fraud & Risk Management (3)
Notifications
Real-time notifications for fraudulant and/or duplicate spending 18 reviewers of Spendflo have provided feedback on this feature.
Unique Cards
As reported in 18 Spendflo reviews. 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 This feature was mentioned in 18 Spendflo reviews.
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.
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.
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.
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.
Purchase Requisition and Approval Workflow - Procurement Orchestration (3)
Notifcations
Notifies users of pending approvals with alerts and notifications
Workflows
Allows for predefined approval workflows based on roles, departments, or spending limits
Purchase Orders
Automates the creation, submission, and approval of purchase requisitions
Supplier Management - Procurement Orchestration (3)
Tracking
Monitors supplier compliance to guidelines and standards while also managing risks
Onboarding
Provides tools for suppllier onboarding and assessing their performance
Database
Maintains a repository for storing and organizing supplier details
Spend Management - Procurement Orchestration (2)
Analysis
Uses tools for examining expenditures and generation reports to identify trends
Visibility
Provides real-time insight into procurement costs within categories, departments or projects
Compliance and Risk Management - Procurement Orchestration (3)
Risk Assessment
Uses risk assessment tools for identifying potential supplier or contract risks
Compliance
Automates the enforcement of procurement policies, regulatory requirements, and compliance checks
Audits
Creates audit trails and reporting for transparency and accountability
Workflow Automation - Procurement Orchestration (3)
Routing
Provides onditional routing for purchase approvals, contract reviews, and supplier selection
Configuration
Allows for flexible workflow configurations to suit specific business needs
Approvals
Adjusts approval processes based on project, department, or spending thresholds
Agentic AI - Spend Management (1)
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Agentic AI - Procurement Orchestration (1)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Agentic AI - SaaS Spend Management (7)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
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
Natural Language Interaction
Engages in human-like conversation for task delegation
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Decision Making
Makes informed choices based on available data and objectives
Agentic AI - Purchasing (2)
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Decision Making
Makes informed choices based on available data and objectives
Agentic AI - Vendor Management (1)
Decision Making
Makes informed choices based on available data and objectives
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





