[
Spendflo Reviews
](https://www.g2.com/products/spendflo/reviews)

[
Spendflo Reviews
](https://www.g2.com/products/spendflo/reviews)

# 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

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##### 
## Tracking (2)

Spend Tracking

Provides ability to track and/or map spending on all tools across departments with little to no manual entry.

SaaS Utilization Tracking

Continuously tracks the number of licenses in use and how often they are being utilized. Tracks usage internally or through integrated applications.

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##### 
## Management (7)

Contract Management

Provides administrative features to renew, track pricing, analyze terms, and outline expiration dates for SaaS contracts.

Application Catalog

Allows companies to select a wide variety of applications to track and manage.

Dashboards and Visualizations

Presents information and analytics in a digestible, intuitive, and visually appealing way.

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

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##### 
## Insights (4)

Recommendations

Provides recommendations on how to improve your use of existing SaaS tools and recommendations on new SaaS tools

Spend Forecasting and Optimization

Ability to project spend based on contracts signed. Identifies redundant transactions and unnecessary costs.

Peer Benchmarking

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.

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##### 
## 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.

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##### 
## Performance (4)

KPIs

Provide standard spend KPIs that can be customized by users.

Benchmarks

Use historical spend data to create benchmarks per company or department.

Forecasting

Provide forecasts on future trends that may impact spending performance.

Savings

Identify savings opportunities per activity, department, or at the company level.

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##### 
## Planning (4)

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

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##### 
## Invoice Management (3)

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

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##### 
## Supplier Management (2)

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.

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##### 
## Execution (1)

Purchasing

Electronically create and manage purchase orders for products and services.

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##### 
## Invoice Processing (5)

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

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##### 
## 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.

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##### 
## Analytics (5)

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

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##### 
## Integration (4)

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

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##### 
## 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

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##### 
## 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

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##### 
## 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

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##### 
## 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

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##### 
## 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.

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##### 
## 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.

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##### 
## 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.

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##### 
## 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.

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##### 
## 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

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##### 
## 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

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##### 
## 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

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##### 
## 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

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##### 
## 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

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##### 
## Agentic AI - Spend Management (1)

Proactive Assistance

Anticipates needs and offers suggestions without prompting

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##### 
## Agentic AI - Procurement Orchestration (1)

Autonomous Task Execution

Capability to perform complex tasks without constant human input

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##### 
## 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

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##### 
## Agentic AI - Purchasing (2)

Proactive Assistance

Anticipates needs and offers suggestions without prompting

Decision Making

Makes informed choices based on available data and objectives

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##### 
## Agentic AI - Vendor Management (1)

Decision Making

Makes informed choices based on available data and objectives

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##### 
## 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

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## Top-Rated Alternatives

[

 ![Tropic](https://images.g2crowd.com/uploads/product/hd_favicon/b9c3e0817716e110ae4241f7576f358f/tropic-tropic.svg "Tropic")

Tropic

4.5/5

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[

 ![Vertice](https://images.g2crowd.com/uploads/product/hd_favicon/7e36f8d8caea74a224d58a6d022aead0/vertice.svg "Vertice")

Vertice

4.6/5

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](https://www.g2.com/products/vertice/reviews)

[

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Ramp

4.8/5

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](https://www.g2.com/products/ramp-financial-ramp/reviews)

[
View All Alternatives
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Spendflo Comparisons

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4.6/5

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 ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_1d1053d9f5c604229a0a2b951706b4f0/zluri.gif "Product Avatar Image")

Zluri

4.6/5

(177)

[
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 ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_ac3b4260cb77eaae7bb111ad0d3eea71/tropic-tropic.jpg "Product Avatar Image")

Tropic

4.5/5

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##### Categories on G2

[
Spend Management
](https://www.g2.com/categories/spend-management)[
Vendor Management
](https://www.g2.com/categories/vendor-management)[
Purchasing
](https://www.g2.com/categories/purchasing-software)

[
SaaS Spend Management
](https://www.g2.com/categories/saas-spend-management)[
Strategic Sourcing
](https://www.g2.com/categories/strategic-sourcing)[
Procurement Orchestration
](https://www.g2.com/categories/procurement-orchestration)

Show More

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