Procurement Software

Get the best procurement software for your business. Compare product reviews, pricing below. Read our buyer’s guide for more help.

Popular Products

Bellwether Purchasing and Inventory Software is a complete end-to-end procurement system that operates in a purely paperless mode. It is available in the Express Version and the SQL Version. PMX’s SQL version requires…
Price Range
$ $ $ · ·
Starting Price
$15/month/user
Platforms
Windows
SicommNet’s iBuyer is an affordable cost savings Solution that includes all needed procurement processes for your buyers and sellers. iBuyer is a powerful tool that will substantially increase the number of targeted requests…
Price Range
$ $ $ · ·
Platforms
Web
Deployment
Hosted (cloud-based)
WorkPlace Requisition and Procurement is an on-line purchase requisition solution that directly integrates into your ERP’s Purchase Order module. It can also be expanded to be a complete procurement solution in a single web…
Price Range
$ $ $ · ·
Platforms
Web
Deployment
Hosted (cloud-based)
eRequester is a robust web-based requisition and purchase order software that allows you to create and approve purchase requests, check budgets, generate and send purchase orders to vendors, process receipts and match…
Price Range
$ $ $ · ·
Platforms
Web, Windows
Deployment
Hosted (cloud-based)
Precoro is a spend management software designed to simplify procurement processes and greatly improve the visibility of your spend. It automates multiple procurement workflows such as purchase request, approval, purchase…
Starting Price
$29/month/user
Platforms
Web
Deployment
Hosted (cloud-based)
Guided by the need of today’s users, Epicor ERP is a global enterprise resource planning solution that delivers the choice, flexibility and agility to drive growth and opportunity throughout your business. Track, measure, and…
Price Range
$ $ $ $ ·
Platforms
Windows, Mac, Web
Deployment
Hosted (cloud-based)
Want to see exactly what’s been ordered from suppliers, the cost, and where and when it should be delivered with a few clicks of a mouse? Welcome to Purchase Orders! If you currently use Intacct or Netsuite to manage your…
Platforms
Web
Deployment
Hosted (cloud-based)
Acumatica is a cloud ERP system designed for the SMB market. Acumatica includes functionality for financial management, customer management, project accounting, distribution management, manufacturing management, field service…
Price Range
$ $ $ $ ·
Starting Price
$12,800/year
Platforms
Web, Windows
Deployment
Hosted or Local
ReQlogic is an end-to-end e-procurement system providing powerful automation and workflow functionality to help companies reduce costs and increase value. The solution enables advanced routing for Requisitions, Invoicing, and…
Platforms
Web, Windows
Deployment
Hosted (cloud-based)
Real time receiving of shipments and verification of PO’s and contents including serial numbers and lots….
Purchasing Workflow provides a sophisticated workflow engine with configurable rules, routing and approval functions. An easy-to-use requisition interface creates documents that are controlled through the workflow process…
Platforms
Windows
SAP Business One provides comprehensive business management capabilities for small and medium sized companies. 50,000 plus companies utilize SAP Business One to provide integrated departmental support for finance, sales…
Price Range
$ $ $ $ ·
Starting Price
$410/year/user
Platforms
Windows
Deployment
Hosted or Local
Edisoft Visual ASN is a solution that is hosted on Edisoft’s servers, meaning your employees can access it from anywhere at any point in time. This product allows you to better transmit data from one warehouse to another…
Platforms
Web
Deployment
Hosted (cloud-based)
The MJD P/O Host Interface is part of MJD’s portable bar code receiving solution for Sage Accpac ERP. This product can handle the process of electronically selecting purchase orders for exporting, updating the purchase orders…
Platforms
Windows
Procurify is the go-to spend management solution for mid-sized companies. Across the world, hundreds of companies use Procurify to track, control and analyze their spending. With its comprehensive workflow and user-friendly…
Platforms
Web, iOS, Android
Deployment
Hosted (cloud-based)
Every day thousands of people on six continents rely on SYSPRO for information, functionality and technology. Formed in 1978, SYSPRO has stood the test of time as a company and as a business solution for mid-size…
Price Range
$ $ $ $ ·
Platforms
Web, Windows
Deployment
Hosted or Local
Stop relying upon paper-based procurement processes that are inconsistent, difficult to manage and do not enforce your spending policies. PN3 for Purchase Requisitions enables you to rapidly implement and deploy electronic…
Platforms
Windows
Automate the Purchasing Effort to Save Time and Money. On-Line Intelligent Wizard For Employee Purchase Requisitions. ePurchase is a web-enabled Purchase Requisition Form entry system that is a companion to the GCAS…
SicommNet is the first U.S. based company to provide public-sector electronic procurement through BASEC (Buy and Sell Electronic Commerce), an SaaS model, uniquely designed for state, and local government municipalities and…
Platforms
Web
Deployment
Hosted or Local
xTuple’s multi-client approach empowers customers to leverage today’s and tomorrow’s technology, especially employee preferences to BYOD (bring your own device). Users may access xTuple via our 100% JavaScript, HTML5 Web…
Price Range
$ $ $ $ ·
Starting Price
$45/month/user
Platforms
Mac, Web, Windows
Deployment
Hosted or Local
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Procurement Software Buyer’s Guide

Do you have a coordinated software approach to purchasing? Is it as efficient and accurate as you’d like? If not, you may be missing an opportunity to ensure faster delivery times, economies of scale, better efficiency, and lower overall costs. Purchase order software can help you make sure you are making the most profitable choices in your procurement processes. Read on to find out more about your purchase order software options.

What Is Purchase Order Software?

Purchase order software allows you to issue orders for services and products. A purchasing program tracks all key order info including: the vendor, purchase quantities, item or service purchased, delivery timeframes, payment terms, and costs. With purchase order software, you can ensure that each order is legitimate, authorized, and trackable. By linking your purchase order to inventory control, you can access exact stock quantities, movement history, seasonal trends, and supplier lead times.

Critical business benefits enabled by purchase order software include:

  • Improved cost control via authorizations and approvals to ensure the necessity and accuracy of individual purchases
  • Reduced supply costs through improved capabilities to compare vendor options
  • Increased customer satisfaction based on ensuring the timeliness of material provisioning
  • Reduction in the administrative labor costs associated with purchasing activities through the use of software automation

Key Features of Purchase Order Software to Consider

Feature Definition
PO document creation Purchase order software allows for the creation of purchasing documentation for both internal tracking purposes and communication with suppliers
Vendor database Vendor database functionalities allow for the tracking of supplier information such as payment and service terms and vendor order histories
PO/invoice matching Automated tools that assist in the matching of vendor issued invoices to the corresponding purchase order provide an important cost control safeguard
PO status tracking Reporting data on purchase order status helps with a variety of business tasks including allowing production/service/job teams to plan future activities and sales to communicate to customers expected fulfillment timeframes
Requisitions and approvals management Requisition systems improve cost control efforts by formalizing a purchase review process
Receiving management Receiving management functionality provides tools for verifying that goods have been properly resolved and puts in place workflows that allow for the timely resolution of instances where items are not received on time, in proper condition, or at all
Blanket purchase order A blanket purchase order is a document provided to a supplier that provides authorization for ongoing purchases up to a certain dollar amount or until other business conditions have been fulfilled and can be used to create purchasing efficiencies where repeated, ongoing purchases will need to be made
Automatic or recurring purchase orders Support for recurring purchases enables the creation of purchase orders in the future when particular conditions have been met and provides a means of significantly decreasing the labor associated with authorizing purchasing events
Supplier lead time management Capturing both purchase order initiation dates and dates of order reception provides a source for discovering average lead time by vendor, which may be used to determine vendor selection when supplies/goods are needed to meet expedited order/production/delivery deadliens

Purchase Order Software: Providing Critical Documentation

Most people wouldn’t enter into a legal agreement without a contract to protect their interests. But making business purchases without issuing and tracking purchase orders means doing just that. Utilizing purchase order software allows you to identify instances where your order hasn’t been properly fulfilled. In addition to promoting organization and efficiency, purchase order modules provide recourse if your expectations as a buyer are not met.

Automating Purchasing Processes With Purchase Order Software

Purchase order software allows you to effectively and consistently manage your purchasing processes. Each order you create is automatically databased for future reference. Automation also allows you to streamline the task of creating orders. It’s easy to overlook how much time this can save you. Setting up required fields lets you know that each order contains trackable information on the vendor, items purchased, quantities, delivery instructions, terms, originating buyer, and costs.

Accountability in Purchasing

Purchase order software adds security and accountability to your ordering processes. Rules can be created authorizing who can make purchases. Centralized purchasing records let you track any purchase your company has made. You can ensure that each order is legitimate, accurate, and authorized. Comparing vendor invoices to your own documentation enables you to eliminate vendor payment errors before cutting the check.

Meeting Customer Demands With Purchase Order Software

Automating your purchase order creation is also an effective way to manage your stock to meet customer demands. Integrating a purchase order module with inventory control allows you to do away with the inexact and error-prone practice of “eyeballing the shelves.” By linking your purchase order application to your inventory control application, you will have instant access to your exact stock quantities, movement history, seasonal trends, and supplier lead times.