Still, G2 customer feedback consistently praises how easy it is to navigate the rest of the platform, especially for first-time users. While Procurify nails the basics, it’s not built for more specialized scenarios like milestone-triggered payments or managing multi-phase R&D projects. Still, most G2 reviewers find it more than sufficient for typical operational needs. Others got quarterly check-ins from a real person on the customer success team who actually wants to hear about our experience, not just a canned survey. From a technical standpoint, Procurify is a cloud-based system, which means it’s accessible from anywhere and doesn’t require heavyweight infrastructure.
Finance and Accounting Podcasts: 25 of Our Best Episodes for Leaders
- If you’re too obsessed with your own product and idea and you don’t listen to what the market is telling you, you’re not going to survive because your idea is yours.
- To optimize business purchasing, platforms like Precoro, Zumen, and Kissflow Procurement Cloud stand out with features like automated workflows, spend analytics, and vendor tracking.
- Andrew Hunzicker, CPA is President of CFO Bend, currently serving cannabis companies in every vertical, in 4 states.
- It went from twenty-nine employees to a height of five hundred employees and it ended up being sold to a larger organization.
- Learn how to pick the right tools, implement the most efficient processes, and how to develop the right people to transform the Spend Culture of your organization for the better.
When comparing ProcureDesk vs. Procurify, ProcureDesk offers more control as it blocks any requests that cross the spending limit. It https://www.citybiz.co/article/785736/the-real-value-of-accounting-services-for-startups/ then routes the request to the right approver based on your company rules without manual intervention. ProcureDesk’s invoice workflow feature automates invoice capture, matching, and approval. This allows your teams to process payments faster and with greater accuracy. Every step is recorded in a clear audit trail, giving finance and procurement teams confidence in their records.
Why People Can Break or Make Your Spend Culture – Mason Brady
- Ramp integrates with accounting platforms like QuickBooks, Xero, and NetSuite, along with HRIS systems, to sync employee data for card issuance.
- As a G2 leader in the purchasing category, SAP Ariba has received a customer satisfaction score of 85 in the overall business segment.
- Spend Culture Stories is a podcast that helps finance leaders learn the tactics, strategies, and processes to build a proactive Spend Culture.
- This is such a neat function which makes it very easy to track the spending.
- When spend management tools are easy to use, employees are more likely to follow company policies, improving financial oversight.
- Users can analyze spend by vendor, department, project, or account code and export data for budgeting, month-end reconciliation, or deeper analysis in BI tools.
G2 users deploy it to manage vendor relationships, set up approvals, and ensure compliance in just a few clicks. When Ariba is set up well (which can be a journey), it’s like having a digital procurement assistant that handles spend visibility, analytics, and audit trails automatically. Procurify’s mobile app helps teams streamline procurement with instant purchase requests and mobile approvals, keeping workflows efficient and transparent. Selecting a contract management application is just the first step—proper implementation ensures your organization fully adopts the tool and maximizes its benefits.
At what stage do you think is the right time to bring in a CFO? And what does this role of the CFO look like?
I specifically looked for features like PO automation, compliance, financial visibility, budget controls, audit readiness, and collaboration. According to me, the secret sauce of a purchasing tool is purchase order (PO) automation and vendor approvals. Tools in this list offer centralized features to optimize your approval for POs and monitor budget for your accounting and finance teams, which nixes the possibility of data silos and data loss. Since POs often tie directly into billing, you might also want to explore the best free invoicing tools my colleague tested for seamless payment tracking. Zoho accounting software is part of the suite of products for businesses offered by Zoho.
Yet, traditional procurement and expense management solutions—often built for desktop use—can be too rigid for modern teams, especially in remote and hybrid work settings. A cloud-based The Real Value of Accounting Services for Startups procurement and spend management software with automated approvals, real-time budget tracking, and AP automation. Contracts are more than just paperwork—they define vendor relationships, financial commitments, and legal protections. Yet, managing them manually often leads to missed deadlines, compliance risks, and unnecessary costs.
