Best Spend Management Software of 2024

Spend Intelligence is a new method of operating that is based on facts and not opinions. Are you frustrated with the time-consuming and messy process of direct sourcing? Are you having trouble tracking BOM data, price changes, and tooling using spreadsheets and email? Ravacan automates direct sourcing using a single analytics platform and collaboration platform. This allows you to focus on more important strategies. You can create a central place for purchasing part numbers, prices and lead-times as well as supplier information. Ravacan can integrate with existing solutions. Software does the heavy lifting, including data crunching, alerts, and automatic notifications. Real-time insights that can help you save money, secure supply, and capture new ideas. State-of-the art algorithms produce actionable insights that help you answer critical questions about strategy. You can make proactive recommendations that will improve your bottom line without spending too much time or resources on data analysis.

Right-click to see how automation can help you automate business procurement. You can simplify decision making with pre-configured workflows and real-time budgeting. Track the status of the Purchase Orders and route them to the vendors. You have visibility and control over every purchase. Track all documents made. Track documents across the purhase. Send payment approval requests and process payments. Notify the appropriate users about the payments that have been processed. Get started to increase productivity in your company. You will be notified and kept up-to-date about every activity on the platform. Get insights and customizable reports about spend incurred by your organization. All purchase requests, invoices and payments are automatically matched. All your POs, sales orders, GRN, invoices and delivery challans can be managed from one place.

CureMint is the best way to control your dental practice spending. Meet CureMint, the procurement software that helps dental organizations scale across North America. Strategic sourcing optimizes your purchasing power to reduce supply costs and maximize your purchasing power. Automated tools and workflows can help you make smarter purchasing decisions and stop rogue spending from ever happening. Your procurement workflow will be faster while your staff will enjoy an intuitive ordering platform. Digital tools and workflows that automate the receipt, processing, and payment of invoices will eliminate costly bottlenecks and mispayments. CureMint seamlessly connects to all your suppliers for a fast and easy ordering experience. Our dedicated customer success team will connect your organization with a customized solution.

PayEm automates, connects, and manages company spend. It does this by connecting finance processes to one platform. This gives finance teams complete control and visibility. PayEm's global spending management platform was designed for multinational operations. You can capture requests and invoices, create bills and schedule payments to anywhere in the world in any currency. The platform will then auto-categorize your ERP and sync with it. The platform gives each subsidiary financial and accounting autonomy, while allowing for global processes. To make it easier to keep on track and within budget, you can set rules, limit, and issue physical or virtual cards. AP automation and streamlined reconciliation can speed up payment processing, while reducing errors and saving you time.

Switching and add-ons are out of the question. From incorporation to the growth stage, we have you covered. You can submit your documents online in just 10 minutes from anywhere in the world. We'll take care everything else. Receive investor funds and immediately start operations with a borderless account for business. There are no monthly fees. Create professional-looking, tax-compliant invoices that match your brand. Customers can pay you easily because your payment details are included automatically. Get a bird's eye view of all unpaid and paid invoices. You can plan ahead by knowing when you are likely to get paid. Receive alerts as soon you get paid. Without being intrusive or awkward, remind customers about upcoming or past due payments. You can reduce payment delays without having to follow up. All incoming transfers that match are automatically synced and marked paid. Enjoy the power of an integrated financial stack.

Conductiv's solution provides a single-stop shop for managing third-party service relationships. Conductiv makes it easy to manage your daily tasks such as renewing contracts, building stakeholder consensus, and reaching long-term goals like hitting savings targets or adhering with on-contract compliance. Our group purchasing contract portfolio allows you to accelerate negotiations on service agreements, which will save you time, money, effort, and money. You can create a 18-month plan, identify savings opportunities, track department performance, negotiate competitive contracts quickly, and even create a roadmap. Our dedicated experts can help you implement bespoke sourcing solutions that will reduce your workload and improve your results. Comprehensive lifecycle management integrates your supply chain with suppliers, contracts and market intelligence at all stages of the sourcing process. Third-party services have become more popular, and so has the demand for procurement intelligence and expertise.

The smartest platform for managing and paying corporate spend. A complete DIY platform that supports a wide range of corporate cards. Easy digital onboarding to create cards instantly. For each business spend, create purpose-based cards. Your branches, departments, and teams can assign spend limits and cards. As per your business needs, you can restrict or allow usage within pre-defined limits. Unique purchase card program, quick credit evaluation & go live. Revolving credit lines that are collateral-free Maximize your balance sheet's potential. Minimum documentation, no foreclosure charges. Flexible credit and billing cycles that are suited to your individual needs. Upgrade to a digital, more secure way of managing your spending. You can pay for marketing, cloud, subscriptions, and more. Global payments can be secured with single-use cards. Create & manage cards via interactive dashboards. You can use your cards to make business payments such as rents, utilities, and taxes.

Your team can be equipped with VISA cards that are secure and have built-in controls to enable them to make purchases at any store. Instantly generate virtual cards to pay for your SaaS subscriptions, vendor payments, and online spending. With SWIFT and non-SWIFT payment options, you can send money to more 130 countries around the world. You can process vendor payments and employee reimbursements faster than ever before at the lowest rates. All of your vendor payments can be managed from one dashboard. You can also buy inventory and send money to vendors domestically or internationally. Employees can easily be reimbursed for expenses they have incurred. Employees don't have to wait until the end of the month to be reimbursed. Volopay cards can be swiped immediately so that the transaction is visible to the spender and budget owner as well as the company admin. This allows you to see where your company money is at all times.

iQuantum is a marketplace-ready AI/ML-powered procurement tool that gives procurement leaders full visibility into all types of spend. It offers a robust diversity spending solution that includes supplier sustainability, performance management and contract management. Its AI/ML provides predictive analytics to help you make better purchasing decisions. iQuantum's procure to pay provides a quick onboarding experience for your procurement team. Its modern design and intuitive UI experience make it easy to adopt by both suppliers and customers. Customers benefit from its global supplier database. iQuantum provides solutions that allow corporations, governments, individuals and agencies to access real-time reporting based upon classification, geography, industry codes, and other criteria. Full contract lifecycle management. Integration of third-party contracts. OCR/ML to identify high risk contracts. Document management to simplify contract templates. Available cost savings tracker

Our SaaS Buying and Optimizing Platform gives you more visibility into your vendors, automates procurement and allows you to spend less on each tool. SaaS is a growing expense. However, your teams don't have the time or resources to evaluate, negotiate, and track renewals for 150+ tools. This means that you are paying high prices for every software tool you use, and sometimes even tools you don’t use. We can help you get fair prices for all your SaaS products and remove the back-and forth negotiations from your procurement. Slack gives you direct access to expert buyers, managers, and ensures seamless onboarding and clear communications. You will know when your contracts are due for renewal, who they belong to, and how much money you are saving. The dashboard allows you to track procurement status and prevent delays caused by lost emails or duplicate spreadsheets.

This platform allows organizations to plan, manage and monitor all activities in real time. It provides a holistic approach to capital expenditures management. Inpensa ties provide a complete life-cycle approach that is ideal for managing transformation projects and achieving tangible results. Our connected capital planning solution eliminates the need for manual spreadsheets and automates the entire process. It also ensures that plan information is always current and integrated with other systems and the general ledger. Intelligent data capture helps you manage the funding request process. It guides you through the analysis, development, and approval of the business case. Our solution not only measures budget accuracy and delivery times, but also captures whether investment decisions are made. All CapEx investments can be planned, analyzed, and approved in one system.

Our all-in-one corporate payments solution makes it easier to spend smarter. Saving time and money shouldn't take too long. It takes only 3 minutes to get started. Register and create your account with an easy eKYC. No tedious forms to fill out. Give your team the full nine yards. Quick set-up, unlimited virtual cards, QR Pay, Kodo club privileges. Everyone benefits from simplicity and ease of use. You also get peace of mind. It's easy to pay via Kodo Pay. You can add contacts and approve bulk payment requests. You can make bank transfers from the Kodo dashboard. You can make quick and flexible UPI payments to vendors while earning cashback. The dashboard is simple and powerful and gives you a view of all transactions and trends. You also have access to spending management controls and controls. Advanced search and filtering give you the ability to find exactly what your looking for without paying a lot of extra.

We know that a new device is more than just a gadget; it is an instrument that can impact costs, quality and patient outcomes. We're on a quest to help health systems make more informed decisions and deliver life-saving technology faster, with fewer resources. symplr spend provides health systems with strategic tools, reports, automation and product data insights for over 300K SKUs to help teams evaluate and compare new technology. We connect your stakeholders, from value analysts and supply chain teams, to physicians and clinical staff, to drive engagement in your integrated supply chains and to support your clinical workflow. Maintain a single entry point for all new product requests. Transparently sharing data will create team understanding and accountability.

Our mission is providing efficient subscription management to companies. Automated with AI and a magnet approach.

Normalize and augment data to increase confidence in decision-making and data management. Facilitate the freight audit and payment process. Get better insight into current transportation spend drivers, performance, and more. We can do more for you the more complex your requirements are. Transportation Spend Management (TSM), a data-driven approach to optimizing and leading your logistics' financial and operational performance, as well as the factors that influence transportation spend and the delivery value to customers, is a data-driven approach. It is an integral, complex, and comprehensive part of superior supply chain management.

You'll have the most complete view of all your suppliers and spend to identify all the opportunities for savings, risk mitigation, and compliance. The SAP Ariba spend analytics solution collects spend data from anywhere it is stored, then classifies it according company and industry standards and then enriches it by Dun & Bradstreet market intelligence. The end result is a detailed, objective analysis of your organization's spend habits and the opportunities to save money and improve supplier relations. You will have the visibility to your spend so you can make faster, more confident buying decisions and negotiate with more power. After SAP Ariba Spend Analysis has collected data from your systems it aggregates it and classes it using industry standards-based and custom taxonomies. You will gain greater insight into your supply chain by combining Dun and Bradstreet's enhanced business information with the solution.

Financial Management for Intelligent IT. ClearCost solutions enable leaders to communicate and manage the cost, quality, and value of the IT services that they provide to their company. We help IT leaders make every dollar count. Transparency is key. Save Money Our solutions will: Provide transparency and granular breakdown of all IT costs. Align your business plan with forecasts and budgets. Communicate cost assignment more effectively and accurately. Our Intelligent ITFM Managed Services. Our team will: Add to your team with our in-house or on-site experts. We will organize your ongoing data, modeling and validation. To maximize visibility and cost enhancement, align your cost transparency plan. Optimize your costs. Drive growth IT leaders will be able: To increase the allocation of critical resource. Optimize the measurement and forecasting of IT- and shared service costs. Continuous improvement in organization performance ITFM Foundation. Make intelligent decisions

We help organisations make great purchasing decisions. Learn more about your supplier spend, potential business risks, and the ethical implications of the purchasing decisions you make. Robobai: Procurement designed for today. Save time and money. Our AI platform is powerful and can learn about your spending patterns. It can make suggestions and give smart, real-time insights to help you supercharge your business. Get in-depth visibility. We provide in-depth visibility and analysis to help you understand the entire procurement process. This will allow you to make changes over time, improve cash flow, and profit. Know your risk. Understanding your supplier risk, whether it is fraud, supply-chain geography, or cyber security, can make a big difference in how you spend your money. Minimize harm. Reduce harms to your company with in-depth analytics about supplier's environmental or social impacts