Procurement Software to Simplify Purchasing for Your Business

Modernize your procurement system with software that reduces manual procurement tasks, saves money on purchasing, simplifies procure-to-pay processes, and gives you complete control over your spend.

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Improve your procurement system with tools your team will love

  • Purchasing automation

    Save time and remove manual errors by automatically generating purchase orders, setting recurring orders, and instantly sourcing the best prices.

  • Rule-based approvals

    Place purchases faster and increase spend oversight with custom approval workflows. No more order requests getting lost in your inbox or spreadsheets.

  • Spend analysis & budgeting

    Proactively control your organization’s spend and access spend insights by user, location, cost center, or vendor with real-time budgeting and reporting.

  • Order management

    Manage your orders with greater visibility throughout the entire purchasing lifecycle, from approval to fulfillment to delivery.

  • Integrations & exports

    Take manual data entry out of book close with integrations and exports from your Order.co invoices to your accounting system.

Your procurement system shouldn't just help you manage spend, but also simplify the entire P2P process.

Purchase with purpose & see into your spend

Stop wasting time with manual procurement processes. Order.co makes it easy to create, approve, issue, track, and pay for all of your orders in one place.

Simplify your procurement with Order.co

How does Order.co compare to traditional Procurement Software?

Features Procurement Software
Purchasing Automation
Approval Workflows
Spend Analysis & Budgeting
Order Tracking
Integrations & Exports
Spend Management
Strategic Sourcing
Catalog Management
Invoice Management
AP Automation
3-Way Matching
Net Payment Terms
Product Savings

See what our customers are saying

“For retail alone, we have products from 10 different vendors, so instead of filling out order forms for each vendor for each location we can go to one place. Without Order.co, it would have taken us three days to place all of our orders and now it takes just a couple hours.”

Maxwell Bennett Operations Manager Heyday Wellness
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“Before, we would just notice that we were out of something and place an order. Now, our products show up automatically when we need them – it’s like we’re always ahead of the curve.”

Keith Bowles IT & Operations Manager Zerocater
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“Nationally, we’re saving upwards of $5-6k per month just on products. The platform lets you save a lot of money. We’re still buying what we were before, just at a discount. ”

Ellsworth Baptiste National Operations Manager Cozen O’Connor
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“Now we have a budget for each store that we can see right away, and that shows where each store is. Now, I can control the budget.”

Mia Busch Operations Assistant MINISO USA
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Frequently asked questions

Companies looking to reduce costs and strategically grow their business will not simply purchase the items that they need, but procure them. Procurement is the process of sourcing and securing products, while creating controls that protect against cost inefficiencies and risk. Procurement software allows businesses to electronically source products, approve purchase requests, place and manage orders from a variety of vendors, and pay vendors — streamlining the entire procure-to-pay process.

Procure-to-Pay software centralizes and automates the entire purchasing workflow, from selecting an item to purchase to submitting a payment to a vendor. Software users can access a catalog of items that were pre-approved by management. Then, they can request and place orders, all the while staying within their budgets, which are easily accessible and updated in real time. Procure-to-Pay software eliminates the manual PO, approval, and payment process, significantly decreasing time spent on invoice reconciliation.

The benefits of implementing an e-Procurement software include:
  1. Cost savings: e-Procurement software protects the bottom line since you’ll be partnering with pre-approved vendors with negotiated terms.
  2. Fewer manual errors: With automatic purchasing and payments workflows, there is less room for manual error, decreasing the likelihood of duplicate orders, missed payments, and duplicate payments.
  3. Eliminated unapproved spending: When orders are able to be placed faster and with a streamlined approval process, buyers to get what they need quickly — eliminating unapproved purchases or orders placed off-catalog.
  4. Spend analysis and reporting: You can easily generate spending reports and conduct a wide range of spend analyses, since all of your purchasing and payment data is in one place. With better data visualization, businesses can forecast, plan, and budget more effectively.

There are many procurement software solutions on the market, each with distinct strengths and drawbacks. The best procurement software can:
  1. Power strategic sourcing and better supplier relationships
  2. Identify cost savings and increase profitability
  3. Reduce risk of supply chain disruption and help with managing inventory
  4. Automate cumbersome contract management processes
  5. Introduce procurement teams to process improvements that they can implement
Look at this data on some of the best procurement solutions out there for growing organizations, based on rating from G2, a trusted software marketplace.

Related resources

Learn more about improving your procurement system with Order.co.

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