The Best Procurement Software for Small Businesses
The Best Procurement Software for Small Businesses
- Updated September 12, 2022
The Best Procurement Software for Small Businesses
- Updated September 12, 2022
If you’re a small business owner, chances are you wear many hats. You’re the CEO, the CFO, the head of HR, and the janitor all rolled into one. With so many balls in the air, it’s easy to let things fall through the cracks. That’s where procurement software comes in.
Procurement software is designed to streamline the purchasing process for small businesses. By automating key tasks like vendor management and order tracking, procurement software can help free up your time so you can focus on more important things. But with so many options on the market, it can be hard to know which one is right for your business.
To help you out, we’ve put together a list of the best procurement software for small businesses:
Oracle NetSuite
A cloud-based solution that helps companies buy goods and services at the best price and in a timely manner
Procurement Express
Procurement Express is a web-based application that helps small businesses streamline their purchasing process.
Coupa Procurement
Coupa Procurement aims to make the procurement process simpler, more efficient, and compliant for small businesses.
Precoro
Precoro is a highly customizable software solution that makes an excellent fit for small businesses.
Fraxion
Fraxion is a cloud-based software that helps small businesses streamline their procurement process.
Tradeshift
As business becomes increasingly digitized, many companies are looking for ways to streamline their supply
Zycus
Zycus is committed to helping enterprises drive real savings, reduce risks, and boost compliance.
Jaggaer
JAGGAER’s integrated software platform offers vast improvements over the traditional procurement process.
Procurify
Intuitive and easy to use, and fast to set up. Fully customizable and offers approval workflows, thus helping to streamline.
Synertrade
Synertrade’s Accelerate suite of eProcurement software solutions are designed to streamline the purchasing proces
01. Oracle NetSuite
A cloud-based solution that helps companies buy goods and services at the best price and in a timely manner. NetSuite Procurement enables users to see real-time views into company spend and vendor performance, and provides clear communication throughout the procure-to-pay process. All procurement-related information — from transactions and records to vendor performance and expenditures by department — is consolidated in the procurement dashboard, making it easy to view and manage all aspects of the procurement process.
Reasons to use Oracle NetSuite
- Consolidated view of all procure-to-pay data in one place
- Real-time views into company spend and vendor performance
- Easy communication throughout the process
- Quick and easy implementation
02. Procurement Express
Procurement Express is a web-based application that helps small businesses streamline their purchasing process. By automating the creation and management of purchase orders, invoices, and other procurement documents, Procurement Express makes it easy to keep track of spending and control costs. In addition, the application provides users with powerful tools for spend management and procurement optimization.
Reasons to use Procurement Express
- Save time and money by automating the purchasing process
- Streamline procurement document management and keep track of spending
- Get powerful tools for spend management and procurement optimization
- Quick and easy setup
03. Coupa Procurement
Coupa Procurement aims to make the procurement process simpler, more efficient, and compliant for small businesses. Their suite of products helps businesses with purchase requisitions, contracts, supplier management, invoice and expense management, and payments.
Reasons to use Coupa Procurement
- Streamline the procurement process
- Compliance with government regulations
- Reduce or eliminate the need for paper-based documentation
- Invoice and expense management automation
04. Precoro
Precoro is a highly customizable software solution that makes an excellent fit for small businesses. It offers a range of features to help streamline purchasing, including purchase requests, purchase orders, approval workflow, budget management, and reporting. It also offers integrations with a range of third-party applications, making it easy to manage inventory and supplier data. The software also includes user management tools to help keep track of who has access to what data. Overall, Precoro provides a comprehensive solution for small businesses that need to streamline their purchasing process.
Reasons to use Precoro
- Streamline your purchasing process
- A wide range of features to help manage inventory and supplier data
- Easily integrates with third-party applications
- Easily manage user access to data
05. Fraxion
Fraxion is a cloud-based software that helps small businesses streamline their procurement process. It offers a complete solution for purchase orders, invoicing, spend management, and supplier management. With Fraxion, businesses can save time and money by automating their procurement process. The software is easy to use and provides a simple way for businesses to manage their purchasing needs.
Reasons to use Fraxion
- Save time and money by automating your procurement process
- Streamline your purchase orders, invoicing, spend management, and supplier management
- Easy to use and provides a simple way to manage your purchasing needs
06. Tradeshift
As business becomes increasingly digitized, many companies are looking for ways to streamline their supply chain payments. Tradeshift is a cloud-based business network that provides a platform for buyers and suppliers to connect digitally , enabling businesses to seize early payment discounts and minimize risks . Tradeshift’s platform is easy to customize and provides collaboration features, analytics , and global tax compliance . With its digital invoicing capabilities, Tradeshift is able to replace paper-based processes and manual data entry across the procure-to-pay process, simplifying supply chain payments in a secure manner.
Reasons to use Tradeshift
- Digitize your supply chain payments for faster, more secure transactions
- Streamline supplier and buyer interactions for improved communication and collaboration
- Global tax compliance to ensure legal and regulatory compliance
- Easily customize the Tradeshift platform to meet your specific needs
07. Zycus
Zycus is committed to helping enterprises drive real savings, reduce risks, and boost compliance. The company’s innovative software solutions are designed to streamline procurement processes and improve financial visibility. Zycus’ intuitive and easy-to-use user interface ensures high adoption and value across the organization. The company’s products are used by some of the world’s largest organizations, including Coca-Cola, IBM, and Philips.
Reasons to use Zycus
- Drive real savings and reduce risk with Zycus' innovative software
- Streamline procurement processes for improved financial visibility
- Intuitive and easy-to-use user interface ensures high adoption and value across the organization
- Used by some of the world's largest organizations
08. Jaggaer
JAGGAER’s integrated software platform offers vast improvements over the traditional procurement process. Covering all management processes for direct and indirect spend, as well as providing a wealth of experience in solving industry-specific challenges. JAGGAER has deep functionality in core verticals and the ability to integrate with more than 40 ERP applications.
Reasons to use Jaggaer
- Streamline and centralize your procurement processes
- Improve spend visibility and optimize procurement performance
- Reduce process costs while improving compliance
- World-class support
09. Procurify
Intuitive and easy to use, and fast to set up. Fully customizable and offers approval workflows, thus helping to streamline your processes and make them more efficient . Features real-time budget tracking and an easy-to-use mobile app from which users can request, approve, and receive purchases from anywhere.
Reasons to use Procurify
- Streamline processes and make them more efficient
- Easy-to-use and fast to set up system
- Customizable approvals and purchasing workflows
- Real-time budget tracking and an easy-to-use mobile app
- Audit logs, analytics, and spending reports
10. Synertrade
Synertrade’s Accelerate suite of eProcurement software solutions are designed to streamline the purchasing process and improve performance and efficiency . The suite covers the entire purchasing process, from consulting supplier information to building relationships with suppliers, and helps to increase compliance and transparency. By reducing maverick spend and minimizing financial risks , Accelerate enables organizations to better control their procurement budget. In addition, the suite’s streamlined process helps to reduce the time and effort required to procure goods and services. As a result, Synertrade’s Accelerate suite is a powerful tool for organizations looking to improve their procurement processes.
Reasons to use Synertrade
- Improve performance and efficiency of the purchasing process
- Increase compliance and transparency
- Reduce maverick spend
- Minimize financial risks
- Streamline procurement process time and effort
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